by Koinat | Nov 8, 2023 | Market News
Dubai’s regulatory body, the Virtual Assets Regulatory Authority (VARA), has pursued an inclusive approach by engaging with various stakeholders to establish guidelines for handling digital assets. The authority’s primary objective is to position Dubai as...
by Koinat | Nov 8, 2023 | Market News
Binance bought Trust Wallet in 2018 using money and BNB tokens, which were worth $14.80 at that time. The value of BNB has since increased to $244. Trust Wallet’s special coin, TWT, decreased by 7% when Binance, the company that bought Trust Wallet, launched its...
by Koinat | Nov 7, 2023 | Market News
Cryptocurrency, a type of digital money, has seen a lot more people investing in it recently. They put in $261 million in the last week, marking six weeks in a row where the investment increased. This year, the total increase in six weeks is $767 million....
by Koinat | Nov 2, 2023 | Market News
The current state of Ethereum’s native token, Ether (ETH), is marked by a 15-month low against Bitcoin (BTC) — the lowest since Ethereum transitioned to proof-of-stake (PoS). Let’s delve into three key reasons behind the persistent decline of the...
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...
