by Koinat | Nov 2, 2023 | Market News
Championed by Chairman Jerome Powell, the Federal Reserve has put the brakes on raising interest rates. The big question: will this be enough to keep the market thriving through Christmas? Traditionally, a ‘Santa rally’ brings positive vibes to the...
by Koinat | Oct 31, 2023 | Market News
Despite Bitcoin’s price being 50% below its all-time highs, a new milestone has been reached with approximately 80% of Bitcoin addresses now in profit at the $34,000 level. As of October 30, Glassnode’s latest data reveals that a record 39.1 million...
by Koinat | Oct 30, 2023 | Market News
Amidst predictions of a $40,000 Bitcoin surge, analysis suggests that Bitcoin has substantial momentum, surpassing the S&P 500 in October. On October 27, Bitcoin confidently reached $34,000 at the Wall Street open, drawing attention to its performance...
by Koinat | Oct 30, 2023 | Market News
ProShares and Grayscale are at the forefront of a surge in Bitcoin investment products, with significant volume and renewed demand for institutional options. Bitcoin’s institutional investment landscape is experiencing a notable uptick in volume, driven by...
by Koinat | Oct 26, 2023 | Market News
Bitcoin’s dominance in the crypto market has surged to a 30-month high of 54%, showcasing the leading cryptocurrency’s robustness as the halving event approaches in April 2024. The Bitcoin halving, occurring every four years, involves a reduction in mining...
