Bitcoin Perseveres:

Mining Difficulty At All-Time-High:

 

Open Interest Surges:

 

Traders Are Optimistic:

Weekly Market Movers:

The DEFIUSDT, BTC USD To, Enthused To, and BNBUSDT Futures Perpetual Contracts had a negative week-over-week return of -2.48%, -0.87%, -0.44%, and -1.56% respectively.

Bitcoins

Bitcoins

News Roundup:

Coordinated Global Policy – During the G20 Summit, India urged member nations to build and understand the macro-financial implications of crypto assets and recommended formulating a coordinated global policy.
Spotify’s Token Enabled Playlist – The new service from Spotify will allow non-fungible token holders to connect their Web3 wallets and listen to a selected music playlist.
Bitcoin Attracting Banks In the US – A report shows that a growing number of banks in the United States are exploring the digital currency space.
Columbia Experiments In Metaverse – A Colombian court recently hosted its first legal trial in the Metaverse with the participants appearing as avatars in a virtual courtroom.

Highlights From This Week:

Trade Options & Share Your Positions On Social Media
As a part of an activity, Binance Options will allow eligible users to share a total of 18,000 USDT in token vouchers, an iPhone 14 Pro, and exclusive Binance Merchandise items. 

Gain Insights From Our Latest Content:

Introduction to Detailed Mode and Brief Mode on Binance Futures (App)
Brief Mode lets you see more positions on one screen, especially if you hold many positions on different assets.
Detailed Mode (default) provides a more detailed overview of your futures positions.
What Are Stop Orders in Binance Futures?
By setting stop orders, futures traders can prepare for unexpected market changes and capitulations during periods of high volatility.
There is no one-size-fits-all approach when using stop orders on Binance Futures. Each strategy has its advantages and disadvantages, depending on market conditions and the user’s specific goals.