by Koinat | Feb 1, 2024 | Market News
Cryptocurrencies, led by bitcoin (BTC), experienced a decline, dropping below $43,000, as Federal Reserve Chair Jerome Powell’s hawkish remarks tempered hopes for an imminent rate cut. The Federal Reserve decided to maintain its benchmark fed funds rate...
by Koinat | Feb 1, 2024 | Market News
Despite Bitcoin’s remarkable 160% gain over the past month, concerns loom in the crypto markets, revealing potential risks and inefficiencies. The ease of buying and selling Bitcoin has increased for investors, but the aftermath of the FTX collapse...
by Koinat | Jan 31, 2024 | Market News
Standard Chartered Bank anticipates that Ether (ETH), the second-largest cryptocurrency, could experience a nearly 70% surge to reach $4,000 by May. The British bank bases this projection on the expected regulatory approval of spot-based exchange-traded funds (ETF)...
by Koinat | Jan 31, 2024 | Market News
Jupiter, a decentralized trading aggregator built on the Solana blockchain, is gearing up for the launch of its native token, JUP, through an airdrop scheduled for Wednesday at 10 a.m. EST. The JUP token will initiate with a maximum circulating supply of 1.35 billion,...
by Koinat | Jan 31, 2024 | Market News
Bitcoin is experiencing a positive trend in its price performance, attributed to a surge in stablecoin “buying power” and an increase in their supply. Glassnode’s on-chain analytics data reveals a continuous decline in the stablecoin supply...
