by Koinat | Oct 25, 2023 | Market News
Bitcoin is currently facing a crucial battle to maintain the $34,000 level, following a notable surge in its price above $35,000 on October 23. This surge, coupled with a short squeeze, has sparked considerable interest from institutional investors, as...
by Koinat | Oct 25, 2023 | Market News
In a recent blog post titled “The Periphery,” Arthur Hayes, former CEO of BitMEX, presents a compelling argument for Bitcoin’s potential to reach a $1 million price tag. According to Hayes, Bitcoin is on the brink of a significant moment, a...
by Koinat | Oct 24, 2023 | Market News
Bitcoin is getting close to its highest prices of the year, but there are concerns about the support behind these price moves, according to analysts. As the last week of October begins, Bitcoin’s price has risen by 3%, pushing up the overall cryptocurrency...
by Koinat | Oct 24, 2023 | Market News
Bitcoin’s resilience above $30,000 during the recent Wall Street opening has sparked optimism, challenging a potential ‘bearish fractal.’ Currently trading near $30,700, Bitcoin is up by 2.5% as of October 23. After the October 22 weekly close,...
by Koinat | Oct 20, 2023 | Market News
The upcoming Bitcoin halving in April 2024 might not follow the traditional script, challenging the common belief that it’s a guaranteed catalyst for bullish markets. While historically, the halving, which occurs every four years and slashes the rate of new...