🔮📈 #BTC A peer-reviewed study suggests that Bitcoin could reach 1 million dollars by early 2027. By 2031, models indicate a potential of 5 million dollars. $BTC
🚨 Major Institutional Change in Bitcoin Holdings 🚨
According to data from Glassnode and Gemini, *31% of all Bitcoin* is now held by governments and institutions — a clear sign of rapid institutionalization of the market.
This marks a major shift in the dynamics of BTC ownership, showing that states and large players are accumulating massively in anticipation of long-term value and dominance. #TrumpBTCTreasury
💸 Total liquidations on cryptocurrency futures markets: $712.5 million in 24 hours. *Long positions: $650 M*, *Short positions: $62.5 M*.
👩💻 Every time I denounce the excessive use of high leverage. We will never have a bullish market 🚀 to the desired extent as long as we persist in the same mistakes, and it only takes a little to crash the market price.
📈 A bullish rebound will trigger massive liquidation of short positions, thus stopping the bullish momentum, even causing a slight setback which will also lead to massive liquidation of long positions; this is what has been dragging us down for months.
The cryptocurrency market, and more specifically Bitcoin, is supposed to be independent, an alternative to traditional markets and classical monetary systems, but remains subject to bad behaviors and the doubts of holders and users in the face of external factors.
Bitcoin - Close to its historic records but no profit-taking
*"Whales show no intention of taking their profits at this price level and will likely wait for higher prices, with a significant market overheating and the formation of a bubble, before acting."* #CryptoRoundTableRemarks
Bitcoin - Close to its historical records but no profit-taking
*"Whales show no intention of taking profits at this price level and will likely wait for higher prices, with significant market overheating and the formation of a bubble, before acting."*
*Resolv will be listed on several exchanges today, June 10*
#Resolv $RESOLV will initially be listed on *Binance Alpha, OKX, Bybit, KuCoin, Gate, MEXC, and BingX* today, on *June 10 at 1 PM UTC*. Previously, Resolv conducted its token sale on #Legion.
Resolv is a decentralized protocol designed to issue and manage a stablecoin called *USR*, backed by #Ethereum $ETH and pegged to the US dollar.
China's exports to the United States plunged 34.5% year-on-year in value terms in May, the largest decline since February 2020 and the outbreak of Covid-19. At the same time, deflationary pressures mounted in the world's second-largest economy. #USChinaTradeTalks
Cryptocurrency prices are soaring in South Korea, causing a frenzy of premiums. Bitcoin is currently trading at a premium of 1.43% in South Korea compared to the global average, according to data from Upbit and coinmarketcap.com. #SouthKoreaCryptoPolicy
#TradingMistakes101 *Open Loot has launched an airdrop for Binance Alpha traders*
#Binance is distributing $1,836 $OL (~$78) to eligible users with at least 233 Alpha points. Users can claim the airdrop until June 9 at 6:00 AM UTC; otherwise, the reward will become unavailable.
#OpenLoot is a distribution platform and marketplace for #Web3 games that supports game developers and publishers with marketing strategies, distribution, user experience, payments, etc.
*The $HOME DeFi App will be listed on Binance Alpha*
The $HOME DeFi App will open trading on Binance Alpha on June 10th; the exact time will be announced later. Eligible users will be able to claim#HOMEairdrops using their Binance Alpha Points. Details and rules for the event will be available on the Binance Alpha event page.
DeFiApp is a financial application running on a decentralized blockchain, offering services such as lending, borrowing, trading, and staking without relying on traditional intermediaries like banks.