Whales are accumulating bitcoin, what does this mean for the market?

Binance spot trading volume soars on whale purchases of BTC. Despite the bitcoin (BTC) bear market, there are signs of significant buying by large whales, CryptoQuant CEO Ki Young Ju noted on Twitter. These BTC purchases could indicate that there are entities that are seeing an investment opportunity at current prices, below USD 20,000. Binance’s spot BTC trading volume rose … Read more

What is a bitcoin futures contract?

Bitcoin futures contracts offer traders greater flexibility and access to leverage for greater exposure. Futures contracts are a type of financial derivatives that allow the trader to speculate on the price movements of assets such as commodities, stock indices, or cryptocurrencies, such as bitcoin. Bitcoin futures contracts allow you to speculate on the price of bitcoin at a future date. … Read more

What are the factors that can sink bitcoin further or give it back its bullish momentum?

June ends with bitcoin’s worst monthly close since 2011, down 37%. If the control of inflation in the US works, the markets will resume the boom. Ending the first half of the year, the bearish outlook in the bitcoin market is accentuated. June is about to close with the biggest monthly losses since 2011, around 37%, while the price drop … Read more

Bitcoin price falls from 20,000 dollars and challenges its history in the market

At the time of writing this article, bitcoin is trading above $19,100. So far this week, the drop exceeds 27%. What market analysts and investors feared has finally happened: the price of bitcoin broke the level of 20,000 dollars downwards this Saturday, June 18, which also implies the breaking of a historical pattern for the cryptocurrency in the market. During … Read more

Is Bitcoin a currency or an investment? The answer could depend on your pockets

Bitcoin and gold forecast

The report collected information from 9,500 people around the world. Lower-income people tend to be less optimistic about the future of Bitcoin. The versatility and potential of Bitcoin have allowed it to be seen as a tool for various purposes. Among these, its purpose as an investment instrument stands out as an asset to obtain future profits, and as a … Read more

LUNA 2.0 has arrived: exchanges list the cryptocurrency, but it falls 70%

LUNA2 was priced at almost $20 at launch and is now at $6. Several exchanges have listed the cryptocurrency, enabling withdrawals, deposits, and trading. Do Kwon, the co-founder, and CEO of Terraform Labs, the creator of the Terra (LUNA) cryptocurrency, announced this Saturday the launch of the new Terra 2.0 blockchain, with which they intend to revive the failed LUNA … Read more

Bitcoin fails to exceed the USD 30,000 band, what do the experts predict?

Bitcoin has depreciated 1% every day for the last month, highlights Glassnode. Analysts agree that demand is likely to continue to decline due to current market fundamentals. Bitcoin (BTC) turns ten days today without exceeding the USD 30,000 band, at the same time that its minimum price has been rising, behavior that shows that, although there is demand, it is … Read more