by Koinat | Jul 11, 2023 | Market News
Standard Chartered, a major banking institution, has made a significant shift in its Bitcoin price forecast. Previously projecting a potential drop to $5,000, the bank now predicts that Bitcoin will surge to $50,000 by the end of 2023 and reach an impressive $120,000...
by Koinat | Jul 11, 2023 | Market News
The weighted average cost of purchased Bitcoin recently reached a level signifying that all investors who have consistently dollar-cost averaged into the leading cryptocurrency are now in the black, regardless of how long they have been holding. This news comes...
by Koinat | Jul 11, 2023 | Market News
In a recent essay titled “Massa,” former BitMEX CEO Arthur Hayes shares his belief that the years to come will witness explosive growth for both artificial intelligence (AI) and Bitcoin. Hayes suggests that Bitcoin could emerge as the currency of...
by Koinat | Jul 7, 2023 | Market News
Ether’s price has encountered resistance at the $1,970 level on July 3 due to several factors hindering its rally. Let’s explore four key reasons why Ether’s price struggles to break through this resistance. Economic Indicators and Interest...
by Koinat | Jul 6, 2023 | Market News
Bitcoin surged to new yearly highs on July 6, experiencing a strong rebound from key support levels. According to data from TradingView, the price of BTC surpassed the upper limit of its recent trading range. Earlier, analysts had anticipated a further decline...