2024

Bitcoin

Read

<div class="protos">
 <div>
  <div>
   <div> 
    <p>Cocoa, the raw ingredient used to make chocolate, has been on an incredible price run, doubling in value since the start of 2024 and up over 250% since late last year. So far, the commodity is garnering better returns than <a rel="dofollow" title="Bitcoin" href="https://thebittimes.com/tag/bitcoin.html">Bitcoin</a> — and most stocks and bonds, for that matter.</p> 
    <p>The bitter seed has seen a massive surge in price after crops were damaged in West Africa and it found its supply chain strained. Meanwhile, chocolate bar manufacturers have been <strong>earning fantastic profits while simultaneously selling fewer products</strong>, suggesting that companies are helping to keep inflation high, and passing along what is otherwise known as price gouging to retail customers.</p> 
    <figure class="wp-block-image size-large">
     <img decoding="async" loading="lazy" width="1024" height="576" src="https://cdn.thebittimes.com/images/2024/03/26/e1573d92775428074ee9f01c2c473cb4.webp" alt class="wp-image-63410" srcset="https://cdn.thebittimes.com/images/2024/03/26/e1573d92775428074ee9f01c2c473cb4.webp 1024w, https://cdn.thebittimes.com/images/2024/03/26/e1573d92775428074ee9f01c2c473cb4.webp 300w, https://cdn.thebittimes.com/images/2024/03/26/e1573d92775428074ee9f01c2c473cb4.webp 768w, https://cdn.thebittimes.com/images/2024/03/26/e1573d92775428074ee9f01c2c473cb4.webp 1536w, https://cdn.thebittimes.com/images/2024/03/26/e1573d92775428074ee9f01c2c473cb4.webp 1200w, https://cdn.thebittimes.com/images/2024/03/26/e1573d92775428074ee9f01c2c473cb4.webp 2048w" sizes="(max-width: 1024px) 100vw, 1024px">
     <figcaption class="wp-element-caption">
      Cocoa has doubled in value since the start of 2024 and is up over 250% since late last year.
     </figcaption>
    </figure> 
    <p><em>Read more: Is unvaccinated sperm really the next <a rel="dofollow" title="Bitcoin" href="https://thebittimes.com/tag/bitcoin.html">Bitcoin</a>?</em></p> 
    <h2 class="wp-block-heading" id="h-cocoa-the-new-world-reserve-currency">Cocoa: the new world reserve currency</h2> 
    <p>Of course, a commodity shooting up in value tends to get compared to <a rel="dofollow" title="Bitcoin" href="https://thebittimes.com/tag/bitcoin.html">Bitcoin</a> simply due to price action. In 2021, the price of lumber went through the roof, mainly due to a combination of new construction projects during and post-COVID-19 and a supply chain strain.</p> 
    <p>The price action caused the criminal CEO Sam Bankman-Fried to <strong>list a tokenized lumber futures market on the now-defunct FTX</strong>.</p> 
    <p>After the wild run in 2021, lumber prices have come back to Earth, down over 60% since all-time highs.</p> 
    <p>However, other commodities have been on price tears recently, with gold finally cracking and maintaining all-time highs that have hardly been touched since 2011. Uranium also hit highs not seen since 2007, and orange juice has seen prices go up only since 2021.</p> 
    <p><em>Got a tip? Send us an email or ProtonMail. For more informed news, follow us on&nbsp;X,&nbsp;</em><em>Instagram</em><em>,&nbsp;</em><em>Bluesky</em><em>, and&nbsp;</em><em>Google News</em><em>, or subscribe to our&nbsp;</em><em>YouTube</em><em>&nbsp;channel.</em></p> 
   </div>
  </div> 
 </div> 
</div> 
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/cocoa-is-the-new-bitcoin-tbt83508.html">https://thebittimes.com/cocoa-is-the-new-bitcoin-tbt83508.html</a></p>

Cocoa is the new bitcoin

Mục lục

TheBitTimes

Các bài viết khác được xuất bản trên 25 thg 3, 2024

SOL vs. ETH: Solana's Winning Streak Hinges on This Crucial Index

Mastering Candlestick Patterns: A Beginner's Guide to Trading Analysis with OpenOcean

AI’s Dual Role in Cybersecurity: Challenges and Opportunities

Crypto Staking Made Simple with DeFi Altcoins Polygon, Litecoin & Scorpion Casino

For Shiba Inu Fans Looking for the Next Big Hit: Discover This Crypto’s Potential to Skyrocket Yo...

OKB and Cronos Holders Leverage Fezoo (FEZ) Exchange for Advanced Trading Solutions and Strategic...

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!