FlowBank

1229 days ago

Anyone who calls Bitcoin a speculative bubble might take a look at Tesla. Musk shares are up 585% YTD vs Bitcoin's 261% run.

Source: Holger Z, Bloomberg

#Stocks
Tesla vs. Bitcoin and main asset classes

1229 days ago

Microstrategy (MSTR), a business software company, owns a massive amount of Bitcoins on their balance sheet and is thus a play on Bitcoin

Microstrategy (MSTR) is a $2 billion market company which owns more than $700 millions of Bitcoins on their balance sheet - source: The Market Ear, Refinitiv 

#Stocks
Bitcoin (BTC) vs. Microstrategy (MSTR)

1229 days ago

Record inflows into Bitcoin last week driven by a surge in institutional buying, with volumes in futures contracts exploding to an all time high

Source: JP Morgan 

Open interest in Bitcoin CME Futures

1231 days ago

Bitcoin: plenty of bubbles along the way but they were all buyable...

Charlie Bilello: "When most people call Bitcoin a bubble, they are really saying it’s worthless, assuming that when bubbles burst they go to 0. But that doesn’t have to be the case, as we saw with the Nasdaq and the Housing bubbles which both crashed and then ultimately recovered to hit new highs. If Bitcoin is trading at the same value a few years from now, but rallies and crashes many times in between, was it a bubble? How much does it need to go down and how long does it need to stay down for to meet the definition?"

Bitcoin price history

1231 days ago

Ethereum is surging above $500 for the 1st time since January 2018

While Bitcoin has been making all the headlines recently, surging above $18,000, it is Ethereum that is suddenly bid, breaking above $500. Ethereum has been the talk of the town in recent months as the crypto community anticipates the release of Ethereum 2.0, a massive upgrade to the Ethereum network that aims to solve long standing scalability issues plaguing the Ethereum network. But ahead of this upgrade, Ethereum's price has kept rising. The cryptocurrency is up +280% year-to-date (source: www.zerohedge.com, Bloomberg) 

Ethereum chart
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