by Koinat | Feb 29, 2024 | Market News
Bitcoin’s price continues its meteoric rise, reaching a new 2024 high of $64,000 amidst investor anticipation of the upcoming supply halving event and the influx of capital from recently launched spot Bitcoin ETFs. This month’s price increase of 50% is...
by Koinat | Feb 29, 2024 | Market News
Bitcoin’s price soared above $60,000 on Wednesday, inching closer to its all-time high as investor confidence surged following the approval of a new type of investment vehicle linked to the cryptocurrency. Reaching a peak of $61,360, Bitcoin is now within...
by Koinat | Feb 26, 2024 | Market News
Bitcoin (BTC) currently finds itself at a critical juncture. As of February 26, 2024, the leading cryptocurrency hovers around $51,500, trapped within a narrow trading range for the past few weeks. This period of consolidation, often a precursor to significant market...
by Koinat | Feb 26, 2024 | Market News
A key indicator is raising concerns about excessive leverage in the Bitcoin market, potentially foreshadowing a sharp price drop. This indicator, the ratio between implied yield basis and options-induced volatility, has skyrocketed this year, suggesting a significant...
by Koinat | Feb 23, 2024 | Market News, Technical Analysis
Bitcoin (BTC) continued its positive trajectory on February 16th, 2024, trading within a tight range between $51,364 and $52,884. This maintained its market capitalization above $1.02 trillion, following a week marked by strong buying pressure and optimistic technical...
