Recap | Why Bitcoin prices tend to move aggressively on weekends | Binance announces futures contracts trading platform
|CryptoSlate||Jul 2, 2019|| 5||1|
Recent Bloomberg data revealed that spikes in weekend trading activity since May accounted for 40 percent of Bitcoin’s price gains this entire year.
Following Bitcoin’s rebound from $9,600 support, the market seems to be bouncing and giving signals that the retrace is over.
Binance—the world’s largest exchange by trading volume—announced that it will offer futures contracts on the new “Binance Futures” platform.
During his June 28 contempt hearing, Craig Wright told a federal court in Florida that he was unable to access his $10 billion Bitcoin fortune.
Danny Ryan, a developer with the Ethereum Foundation, announced that the code freeze of Phase Zero, the first iteration of Ethereum 2.0, was live.
Although the longer-term indicators point to the beginning of a bullish trend that could take BTC to new all-time highs, the shorter-term timeframes indicate a Bitcoin correction is overdue.
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