This is how LUNA 2.0 behaves a few hours after its launch
On May 28, the launch of LUNA 2.0 took place, in an attempt to regain some confidence among investors. The Terra developers recently proposed to fork the network to version 2.0 and rename the old network to Terra Classic, which was approved by the community. This is an attempt to revive the LUNA and Terra…
Charles J. Worley
Weekly Bitcoin analysis. The RSI indicates a larger oversold than in May 2020!
Bitcoin continues to be wrapped up in a dominant bearish direction in the short term, however, several metrics continue to show positive signals. At the time of this writing, BTC is trading at $29,185, accumulating a slight gain of 0.83% in the last 24 hours, although losing 2.28% in the last 7 days. In the…
Margaret Reed
Scott Minerd predicts Bitcoin price could hit $8,000
In a recent interview Scott Minerd, chief investment officer (CIO) of Guggenheim Partners and stock market investor, expressed that Bitcoin could collapse further and fall to $8,000 from its current levels. That is, a drop of more than 70% from the current price, which according to CoinMarketCap is at $29,154. Indeed, since dropping below $30,000…
Tim Draper explains why he projects Bitcoin above $250,000
Despite the great depression that the cryptocurrency market is going through, Bitcoin optimist billionaire Tim Draper still believes in his prediction; which points out that BTC could reach $250,000 by the end of this year and part of 2023. During a chat with a trader, he revealed what this catalyst would be that could propel…