↑ FLOW Coin Riding High on Key Updates and Increased Market Trust

The Crypto Money Flow Cycle for ETHUSD by Elysian_Mind appraises cryptocurrency flows. A price prediction for Flow up to 2030 is comprised, exploring its potential growth. Reports find that BlackRock's Bitcoin ETF saw no flows in two days, causing speculation. Bitcoin and Ethereum inflows have reportedly surged, hitting a record $116 billion. Circle announced its decision to discontinue USDC support on Flow blockchain. Flow announced a significant upgrade to its network, listing Google and Ubisoft as partners. This upgrade is expected to bring enhanced capabilities to Flow's platform.

OKX has announced its support for Flow Network's mainnet upgrade. The price of Flow coin surged 40% in 20 days, suggesting a potential future as a crypto gem. On the more speculative side, stock-to-flow models suggest a possible price of $500,000 per Bitcoin. Meanwhile, MicroStrategy's cash flow raised eyebrows amid the Bitcoin rally, causing some observers to question the company's financial health. Flow further attracted attention as it announced a partnership with Wormhole to boost cross-chain liquidity.

Bitcoin exchange flow nearing a yearly low is viewed positively, seen as a sign of an 'upward trend'. Meanwhile, Ethereum order flows are reportedly dominated by private transactions. Flow saw a 17% surge following its listing on OKX Australia. Bitcoin ETFs reportedly saw outflows exceeding $120M, while Ethereum ETFs saw green flows. Bitcoin's deviations from its stock-to-flow model are also noted, with some suggesting the model is off by $130k.

Flow soared after the SEC quietly investigated and closed a case against the altcoin's founder, Dapper Labs, signifying trust in the project's leadership. Flow shows a strong outlook in gaming as it has partnered to introduce new innovations to the gaming industry that could bag multiplied returns. Lastly, mentions are made about Bitcoin and altcoin hodlers holding their breaths as 140,000 BTC from the Mt. Gox settlement are anticipated to flow into the market.

FLOW Coin News Analytics from Wed, 24 Jan 2024 08:00:00 GMT to Sat, 30 Nov 2024 21:47:46 GMT - Rating 6 - Innovation 7 - Information 8 - Rumor 5