by Koinat | Aug 15, 2023 | Market News
Bitcoin’s price has shown signs of increased volatility, touching a four-day high near $29,600 as the new trading week on Wall Street begins. This movement follows a weekly close that provided cautious optimism for Bitcoin’s performance. As the August 14...
by Koinat | Aug 7, 2023 | Market News
Bitcoin and the broader cryptocurrency market could experience a significant breakout if established patterns hold, according to analyst Cole Garner. Garner suggests that Bitcoin is poised for a “full bull” price phase, and multiple factors point toward an...
by Koinat | Jul 13, 2023 | Market News
Despite the fact that tokens have no legal existence in Russia, the Russian tax authority claims that citizens “can pay” taxes on their crypto revenues. The Federal Tax Service (FTS) claimed that crypto earners could pay taxes using two alternative...
by Koinat | Jul 13, 2023 | Market News
A third straight week of positive digital asset inflows has fully corrected nine previous weeks of outflows for the market, according to a report from CoinShares published on July 10. This week’s inflows registered $136 million. Bitcoin funds continued their...
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...