by Koinat | Aug 24, 2023 | Market News
A combination of rising interest rates, delayed Bitcoin ETF approvals, global financial uncertainty, and regulatory pressures are contributing to the recent underperformance of the crypto market. Over the last week, the cryptocurrency market has witnessed a...
by Koinat | Aug 23, 2023 | Market News
Bitcoin’s price continues to be characterized by turbulence following last week’s flash crash. As of August 22, Bitcoin’s price remains stagnant around $26,000, showing little inclination for intraday movement. Despite being heavily oversold, as...
by Koinat | Aug 22, 2023 | Market News
During the current market turbulence Ethereum co-founder Vitalik Buterin has made a significant move, transferring 600 ETH to the U.S. exchange Coinbase. Blockchain analysts have flagged the transfer of $1 million worth of Ether from a wallet associated with Vitalik...
by Koinat | Aug 22, 2023 | Market News
The recent 11.4% correction in Bitcoin’s price from $29,340 to $25,980 between August 15 and August 18 has raised questions about the state of the cryptocurrency market. As Bitcoin traders adjust to its volatility, experts examine whether the reduced liquidity...
by Koinat | Aug 21, 2023 | Market News
The recent sharp decline in Bitcoin’s price, reaching as low as $25,300, led to significant liquidations, resulting in the clearance of around $900 million worth of long positions. The aftermath of this price drop raises the question of whether professional...
by Koinat | Aug 21, 2023 | Market News
In the midst of an unsettling calm in the Bitcoin market, some seasoned observers are predicting a return to the cryptocurrency’s previous all-time high of $20,000 or potentially even worse scenarios. As Bitcoin’s price hovered above $26,000 by the end of...
