Coinflow FX

Coinflow FX Positive advice on better ways to manage your finances from team of experts

Investments are better  under the control of an experienced team of highly qualified financial experts and professional ...
02/07/2022

Investments are better under the control of an experienced team of highly qualified financial experts and professional traders.
Coin Flow Fx guarantees trust on your investment and ready to assist you make positive investment decisions, earning as much return as possible from selected investment instruments and markets.
Join Coin Flow Fx for maximum benefit on investment.

ECB exclusive: Crypto payments 'not currently cost effective,' Amex exec saysGonzalo Pérez del Arco, the director of gov...
29/06/2022

ECB exclusive: Crypto payments 'not currently cost effective,' Amex exec says

Gonzalo Pérez del Arco, the director of government affairs in South Europe for card payment giant American Express, believes that making payments with crypto is not cost-effective at present.

Pérez’s comments came during an exclusive chat with Cointelegraph editor Aaron Wood at European Blockchain Convention 2022, where he discussed American Express’ current crypto-related plans and future prospects. Pérez explained that several factors make crypto payments non-feasible in the current market, such as high transaction costs and the willingness of merchants to accept digital payments. However, he noted that crypto payments could become a reality in the future, and his firm is bullish on working in that direction.

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Study Shows Over 50% of Latin American Consumers Transacted CryptoAccording to a recent survey conducted by Mastercard, ...
28/06/2022

Study Shows Over 50% of Latin American Consumers Transacted Crypto

According to a recent survey conducted by Mastercard, over 50% of consumers traded or used cryptocurrencies. This study shows a clear interest in digital currencies in the Latin American region.

It is often discussed that virtual currencies are not used and that they were unable to reach a large portion of the population in certain markets. However, we should take into consideration that some regions have adopted digital assets more than others.Latin America shows that it’s a the forefront of cryptocurrency adoption. As per the recent survey conducted by Mastercard, 51% of Latin American consumers transacted with crypto. The interesting thing about this is that 33% of these consumers used stablecoins such as Tether (USDT) or USD Coin (USDC).

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This is about binance lunches institutional platform for VIP High Rollers so using cryptocurrency you have to operate wi...
25/06/2022

This is about binance lunches institutional platform for VIP High Rollers so using cryptocurrency you have to operate with binance.

Binance Launches Institutional Platform for VIP High Rollers

The world's largest crypto exchange, Binance, has announced the launch of Binance Institutional, a new suite of trading services aimed at institutions, crypto platforms, family offices, high-net worth individuals, crypto miners, asset managers and hedge funds.

The new platform offers a plethora of services for its high-rolling clientele, including ex*****on and over-the-counter (OTC) services–like instant crypto pricing and algorithmic trading, asset management services, and a Binance Broker Program for enterprise clients to leverage Binance technology for their own businesses. In the supporting web pages for the new product range, Binance assures prospective clients that it will be practicing strict regulatory compliance in every jurisdiction it operates

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The Bitcoin drawdown from ATH has reached 73.3%, compared to previous bear market lows of between 75% and 84%.The durati...
24/06/2022

The Bitcoin drawdown from ATH has reached 73.3%, compared to previous bear market lows of between 75% and 84%.

The duration in this bear is:
- 435-days from the Apr-2021 ATH
- 227-days from the Nov-2021 ATH

This firmly places the current bear within historical bear norms

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Elon Musk Denies Advising People to Invest in CryptoThe business magnate and CEO of Tesla – Elon Musk – said he has neve...
22/06/2022

Elon Musk Denies Advising People to Invest in Crypto

The business magnate and CEO of Tesla – Elon Musk – said he has never urged individuals to distribute their wealth into cryptocurrencies. He reminded he has personally invested in bitcoin, however, this represents a small percentage of his total capital.

The world’s richest man – Elon Musk – has displayed his thoughts on the cryptocurrency industry numerous times, and it is safe to say that often his comments have affected the market. For example, last year, the entrepreneur vowed to put “a literal Dogecoin” on “the literal moon,” which pumped the memecoin’s price by 35% minutes later.On another occasion, he mentioned “Baby Doge” in one of his tweets. Shortly after, the USD valuation of Baby Doge Coin skyrocketed by nearly 90%.
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Crypto Liquidations Hit Almost $300M As Carnage ContinuesThe carnage in the crypto market has continued today, leading t...
20/06/2022

Crypto Liquidations Hit Almost $300M As Carnage Continues

The carnage in the crypto market has continued today, leading to nearly $300 million in liquidations in the futures sector. Against this margin, the holder can choose to opt for “leverage,” which is a loan often many times the initial position.

The advantage of leverage is that if the price of the crypto (which the contract is for) moves in the direction the investor bet on, then the profits are multitudes more than just the initial position’s gain alone. However, the converse also holds true, if the price happens to move in the opposite direction, then losses are also magnified by the same amount as the leverage. When a specific part of the initial margin is eaten up by these losses, the exchange forcefully closes the position.
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FTX, Deribit and BitMEX liquidated Three Arrows CapitalCrypto exchanges FTX, Deribit and BitMEX have liquidated Three Ar...
18/06/2022

FTX, Deribit and BitMEX liquidated Three Arrows Capital

Crypto exchanges FTX, Deribit and BitMEX have liquidated Three Arrows Capital's positions over the past week after the crypto hedge fund known as 3AC failed to meet margin calls, three people familiar with the matter told The Block.

A BitMEX spokesperson confirmed to The Block that the exchange has liquidated 3AC's positions.A spokesperson for Bitfinex, another exchange where 3AC traded, said the fund had closed its positions at a loss without having to be liquidated.
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UST Crash To Impact Positive On Crypto Market In A Long RunAccording to FSInsight, a combination of economic pressures a...
17/06/2022

UST Crash To Impact Positive On Crypto Market In A Long Run

According to FSInsight, a combination of economic pressures and over-leveraged yield plans has caused the forceful selling of cryptocurrencies in the previous few days. This has wiped off more than $200 billion in revenue from the digital asset market.

Furthermore, the note stated that in the conventional banking business, such open demonstrations of illiterate capital destruction are frequently neglected. Thankfully, crypto markets have the advantage of “repeating and developing at a faster speed. The crypto lender was also “notable for pushing ‘risk-free’ returns on customer assets,” which demanded massive levels of borrowing combined with dangerous and unstable staking methods.

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Coinflowfx.com

Cardaon Launched EVM Sidechain on its TestnetThe company behind the Cardano ecosystem – Input Output – announced the lau...
15/06/2022

Cardaon Launched EVM Sidechain on its Testnet

The company behind the Cardano ecosystem – Input Output – announced the launch of its Ethereum Virtual Machine (EVM) sidechain alpha on the testnet. However, the layer-one blockchain did not specify if such EVM compatibility would be directly deployed to its mainnet one day.

Eric Czuleger, Senior Content Editor of Input Output Global (IOG), said the community believes in “an interoperable future” that allows different blockchains to communicate with each other. In regards to the latest deployment of the EVM sidechain, Czuleger viewed it as an opportunity to onboard new users outside of the Cardano community while not “adding additional complexity to the mainnet.”. Cardano’s founder Charles Hoskinson is known for his views on blockchain interoperability.

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✅✅✅⛳️⛳️⛳️🧭🧭🧭We love to see our clients win all the time. We love it when our client say thanks for putting me through.We...
14/06/2022

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We love to see our clients win all the time.
We love it when our client say thanks for putting me through.
We love making money for serious minded people.
We’re Coinflowfx.
We honest and legit bitcoin miner.
If you ever feel like making money online. Feel free to send us a DM.
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🪀🪀✅✅⛳️⛳️Over 90% of U.S. businesses accepting crypto see revenue grow, data showsThe ecosystem around cryptocurrencies i...
14/06/2022

🪀🪀✅✅⛳️⛳️
Over 90% of U.S. businesses accepting crypto see revenue grow, data shows

The ecosystem around cryptocurrencies is becoming more developed, and the expansion of businesses is being continuously driven by the greater usability and accessibility of these assets as a payment method amongst merchants as an alternative to traditional money.

In particular, 87% of retailers in the U.S. are of the opinion that businesses that accept digital currencies have a significant edge over their rivals in the market, according to a survey
titled ‘Merchants getting ready for crypto’ published by Deloitte on June 8. While 93% of businesses presently accepting crypto as a payment method report good consumer KPIs, including customer base growth, revenue increases and brand impression.
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