Crypto investment funds recorded withdrawals of USD 435 million
Concerns about rising inflation and stagnant inflows into BTC ETFs could be driving factors in the withdrawal of $435 million from crypto investment funds last week.
A CoinShares report highlighted a weekly outflow of $435 million from cryptocurrency investment products in the week ending April 26. Cryptocurrency investment products such as exchange-traded products (ETPs) have seen outflows for the third consecutive week as Bitcoin price remains in a tight range in the low $63,000 range
GOLD, THE #Bitcoin of the poor!!!! Many see gold as an archaism and cryptocurrencies as the future. However, the evidence suggests that, due to their differences, together they can be the best cocktail for investors with “shorter backs”.#PAXG !! It is the currency 🪙 linked to gold
///$BTC How do I protect myself from a crypto scam?
The promise that a few dollars will easily multiply can end in the worst way. Sometimes it appears very tempting, but be careful.
///Be very careful ⚠️⚠️⚠️ there are many scoundrels who promise profits so that you fall into their traps and keep the money that we worked so hard to earn!!!!!
«The price of any commodity tends to gravitate towards the cost of production. If the price is below cost, then production slows down. If the price is above cost, profits can be made by generating and selling more. At the same time, increasing production would increase the difficulty, pushing the generation cost towards the price.