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22.01.2022 Starbuck's CEO Howard Shultz has announced that they plan to incorporate blockchain as part of their payment strategy. However, Mr Shultz has snubbed Bitcoin - the original digital currency and has ruled out using it. Starbucks could be set to become one of the first major brick-and-mortar stores to accept cryptocurrency payments. Starbuck's CEO Howard Shultz hinted during an earnings call on Friday that the multinational coffee giant is considering accepting cryptocurrency payments at its brick-and-mortar stores. [ 119 more words ] http://www.cryptotrader.com.au//starbucks-announces-plans/
12.01.2022 Bitcoin Price Is Growing Solidly Bitcoin (BTC) has been bid on solidly so far this week. A move above $10,000 could be seems imminent and would be sure to pull out to the bull trap. Technical analysis is indicative of this. Bitcoin reached a 4 week low of $8,371 on Friday. Bitcoin was trading in the range of $8,400 to $9,400 over the weekend, according to CoinDesk's [ 470 more words ] http://www.cryptotrader.com.au/cryptocurrencies/695/
04.01.2022 Token Velocity and Cryptocurrency Valuation Basically, all token pitches include a line that goes something like this: There is a fixed supply of tokens. As demand for the token increases, so must the price. This logic fails to take into account the velocity problem. In this post, I’ll explain the velocity problem by providing an in-depth example. Then I’ll examine mechanisms that reduce velocity. [ 1,627 more word ] http://www.cryptotrader.com.au//how-token-velocity-contri/
01.01.2022 Why are the prices of goods sold using cryptocurrencies always denominated in Fiat? 90% of the time the general consensus in the crypto community is that we are "going to the moon". If the market's confidence in crypto is so high, then why do we still price goods and services purchased with crypto strictly in terms of Fiat exchange rates? [ 378 more words ] http://www.cryptotrader.com.au//cryptocurrency-denominate/
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