Technical Analysis of Bitcoin: Signs Point to a Possible Change in Market Momentum

Technical Analysis of Bitcoin: Signs Point to a Possible Change in Market Momentum

On April 15, 2024, the price of bitcoin shows a mixed picture of consolidation and faint signs of recovery, indicating a pivotal point for possible bullish or negative developments. Bitcoin The 1-hour chart shows that the market is undecided right now, but the 4-hour and daily charts point to underlying moves that might affect how … Read more

The CEO of Binance now anticipates that Bitcoin will surpass the earlier prediction of $80K this year.

The CEO of Binance now anticipates that Bitcoin will surpass the earlier prediction of $80K this year.

The CEO of Binance, Richard Teng, now anticipates that the price of bitcoin will rise over his previous projection of $80,000 this year. As endowments and family offices enhance their exposure to bitcoin in their investment portfolios, the executive expects strong inflows into U.S. spot bitcoin exchange-traded funds (ETFs) to continue. Bitcoin Price Forecast by … Read more

Bitcoin Price Exceeds $59,000! Can Bitcoin Achieve $100K Prior to Halving?

Bitcoin Price Exceeds $59,000! Can Bitcoin Achieve $100K Prior to Halving

After three bullish days in a row, the price of Bitcoin has above $59,000 and is rapidly approaching the $60,000 milestone. The overall power of the cryptocurrency is increasing to unprecedented heights as the entire trading volume of Bitcoin ETFs has crossed the $2 billion threshold. Moreover, the prospective rate reduction and the impending halving … Read more

The open interest in Bitcoin futures surpasses the 2021 bull run and reaches a lifetime high.

The open interest in Bitcoin futures surpasses the 2021 bull run and reaches a lifetime high.

Over the past month, Bitcoin’s value has increased remarkably, and at the beginning of this week, it crossed the $57,000 mark for the first time since November 2021. The surge in value of bitcoin has prompted the creation of derivatives based on the cryptocurrency, leading to an unprecedented level of open interest in bitcoin futures … Read more

Exchange for Cryptocurrencies Bitget Eyes Latin America Growth

Exchange for Cryptocurrencies Bitget Eyes Latin America Growth

Bitget, one of the top 15 cryptocurrency exchanges, wants to get more traction in Latin America, where Bitso and Binance have long held a dominant position. The growth director for Bitget in Latam, Maximiliano Hinz, thinks the exchange can set itself apart by giving novice investors resources like its copy-trading option. Bitget wants to become … Read more

Robert Kiyosaki predicts that Bitcoin will soar and that gold will drop below $1,200.

Robert Kiyosaki predicts that Bitcoin will soar and that gold will drop below $1,200.

Wealthy Father, Poor Father According to author Robert Kiyosaki, gold will plummet below $1,200, but silver and bitcoin will soar. In his book from years ago, he predicted the “biggest crash in history,” and now he is urging investors to get ready for it. He counseled: “Rather than trust the Fed, I prefer to trust … Read more

The Derivatives of Binance Arm Introduces the Bitcoin Voucher Challenge with the Tesla Model Y

The Derivatives of Binance Arm Introduces the Bitcoin Voucher Challenge with the Tesla Model Y

Through its cryptocurrency derivatives division, Binance Futures, Binance has announced a competition where users can enter to win a Tesla Model Y. The competition, which runs from February 18 to March 17, 2024, will take place over four weekly challenges, according to the cryptocurrency exchange. Binance Futures Reveals Daily Crypto Reward Schedule and Tesla Model … Read more