Although many crypto gurus predicts that Bitcoin could rise to between $42k and $52k if BlackRock ETF is approved, but it's hard to say for sure. Bitcoin's price can be influenced by various factors. It's always a good idea to stay updated on market trends and news to make informed predictions.Here are some factors that influences the price of BitcoinMarket demandInvestor sentimentRegulatory developments Macroeconomic factors Technological advancements Media coverageMarket demand refers to the l
Strategies for Successful Trading on Binance Futures
Introduction:Trading on Binance futures can be an exciting and potentially profitable endeavor. However, it's important to approach it with a well-thought-out plan and strategies to increase your chances of success. In this article, we will explore some key strategies that can help you navigate the world of trading on Binance futures.Here's a simplified summary of strategies for successful trading on Binance futuresLearn about technical analysis and market trends.Create a trading plan with clear
Michael Saylor says when banks and experts finally endorse Bitcoin as a good investment, âeveryone will want to buy it, no one will need to sell it,â and it will become unaffordable for most people. $BTC #BTCRebound
Arizona state approve first ever US Bitcoin reserve
Arizona is performing an action that is significant, notable, and likely to be remembered in the future by becoming the first U.S. state to pass legislation creating a Strategic Bitcoin Reserve. The state legislature approved two bills, Senate Bill 1025 and Senate Bill 1373, which allow the state to invest up to 10% of its public funds in Bitcoin and other digital assets. The bills, sponsored by Republican Senator Wendy Rogers, aim to diversify state assets, protect against inflation, and prepar
Trading will kick off on April 30, giving institutional players a new way to gain exposure to XRP. Analysts suggest that, just like Bitcoin, XRP might experience a significant boost following the ETF launch. Buckle up â it could get fun.
â ď¸ Brazilian Blogger Hospitalized After Losing 4 BTC
A popular Brazilian pianist and blogger, known by the pseudonym Lord Vinheteiro, lost access to his savings of 4 BTC (worth over $368,000) after misplacing a note containing his seed phrase. He suspects that his housekeeper may have thrown it away.
Previously, Vinheteiro bought Bitcoin at around $70,000 and sold it at approximately $50,000. Additionally, he lost over $30,000 investing in OIBR3, a company that later went bankrupt.
Amid the stress, he was hospitalized with an undisclosed illness.
đ¸ Historical Note: In 2013, when Bitcoin was trading around $100, the Winklevoss twins (future founders of the Gemini exchange) publicly encouraged investing in Bitcoin, which led to mockery from various "experts."
12 years later, Bitcoinâs price is almost $100,000.
âŁď¸One among the significant clues on Future Trading proper risk management strategy is the appropriate take-profit and stop-loss orders (TP/SL).
âŁď¸Trading with leverage exposes you to a huge amount of risk and therefore trading without a stop loss is one of the biggest mistakes that new traders make.
âŁď¸Please ensure that you have a proper risk management strategy in place, which should include setting appropriate take-profit and stop-loss orders.
âď¸These are guidance or recommendations offered with regard to prudent future action on your future trading.