Bitcoin News
Bitcoin (BTC) price remains the de facto standard by which the entire cryptocurrency ecosystem is measured, and its current outlook still shows upward momentum.
An analysis of Bitcoin's price was recently shared by leading market analyst, Willy Woo, who noted that BTC may never return to $30,000 again.
Similar to Bitcoin never retracing back to the $10,000 price level, Woo is bullish on current market conditions, saying the same could happen in the $30,000 range.
According to analysis based on the “Bitcoin Cost Base Density Map,” there are three separate events that will prevent Bitcoin from retesting its current key support band, prominent among them being the possibility of spot Bitcoin ETF approval and the upcoming halving in 2024.
He pointed out that this happens whenever Bitcoin exits a bear market and when the market is about to enter the next halving.
Binance News
Binance Announces Trading Rewards for AI Tokens.
Accordingly, the implemented promotion program will allow users to trade AI tokens including: SingularityNET (AGIX), Cortex (CTXC), Fetch.AI (FET), Measurable Data Token (MDT), Numeraire (NMR) ), OCEAN, Phoenix (PHB), iExec RLC (RLC) and Worldcoin (WLD) – on Binance Spot participate in the reward pool worth 10,000 USDT in voucher tokens.
The promotion is open to all new users, as well as existing regular users and VIP 1-3 who have not traded on Binance Spot in the past 90 days.
A total of 10,000 USDT in available token vouchers will be distributed, taking place from 16:00 November 20 to 15:59 November 27 (Vietnam time).