And we were back. Get straight into business!
Numbers
Total revenue for April 2021: 1,499,544 euros
April 2021 Revenue Share: 149,954 Euros
Stocks per 100 CPAY: 0.166 Euro
Distribution date: May 7, 2021
April 2021 ETH revenue share: 51.2232 ETH
analysis
April 2021 has been a relatively mild month for Bitcoin enthusiasts. What does it mean to just return to the same level ($56,000) and lose $14,000 within two weeks? Since February it has not been so active.
But is the recent stagnation good for Bitcoin? JP Morgan strategists would argue that so.
High volatility, citations act as headwinds towards further institutional adoption and do not cite. When it’s stable, it helps Reactivation Interest of professional investors.
The latter has been shaking a bit since the October boom. Money has fallen from favor and now loyalty is elsewhere. Compare the $2 billion outflow of funds over the past six months (according to the bank) with the $7 billion inflow of Bitcoin funds.
“Given how big a financial investment in gold is, crowds from gold, like an alternative currency, mean big benefits for Bitcoin in the long run,” says Jpmorgan. How big is it? It weighs about $130,000.
Currently, JPMorgan’s long-term price target for Bitcoin exists in the idea that Bitcoin volatility coincides with gold volatility. And it won’t happen anytime soon.
“The convergence of volatility between Bitcoin and gold is unlikely to happen quickly, and it could probably be a multi-year process. This is because the theoretical Bitcoin price target of $130,000 above is the long-term target. It means that it should be considered as “. Still, I’m looking forward to it.
Speaking of volatility, it seems that Bitcoin can now walk and Dogecoin can run. Kraken April Report states: 422%. ”
By comparison, BTC has only 67% volatility, coincidentally, the exact number of cents needed to buy one Doge.
“The comprehensive story behind this year’s coin run” is “a protest against systemic inequality in the traditional financial industry. After all, Dogecoin is the original “meme asset.” ”
What a noble cause. Do you take care to invest?
Revenue
We can’t compete with Dogecoin, but we have our own volatility, but we’re just going up. In April 2021, B2B increased by 3%, while B2C grew at an impressive 24% (!).
B2C growth is primarily owed to wallet exchange work, but bank transfers were carried out similarly to last month. Just like the revenue from the card program, card deposits continue to increase. Progress here is slower, but consistent.
Overall, B2C largely Repeated recent successes in January 2021. But what was the result of a series of separate, large-scale operations at the time, now looks like organic growth. Of course, we will cross that bridge, but there is absolutely no chance that May 2021 will reach at least the same height as April this year.
See you on the other side!
Billing revenue. Find out how.
Discover more from Earlybirds Invest
Subscribe to get the latest posts sent to your email.
