by Koinat | Jan 29, 2024 | Market News, Technical Analysis
Bitcoin’s recent retracement to $38,000, accurately predicted by analyst Markus Thielen of 10x Research, has led him to identify levels above $43,000 as optimal for new bullish positions on the cryptocurrency. Thielen emphasizes that reversal indicators are...
by Koinat | Jan 26, 2024 | Market News
The U.S. Securities and Exchange Commission (SEC) has postponed the decision on Grayscale Investments’ application to transform its Ethereum trust product (ETHE) into an exchange-traded fund (ETF). This delay comes shortly after a similar decision...
by Koinat | Jan 26, 2024 | Market News
Bitcoin’s recent downturn, particularly following the introduction of spot exchange-traded funds (ETFs) in the U.S., has raised concerns among retail investors about the cryptocurrency’s future, according to a survey conducted by Deutsche Bank (DB)....
by Koinat | Jan 25, 2024 | Market News
The latest quarterly report from electric car manufacturer Tesla (TSLA) indicates no change in its Bitcoin (BTC) holdings during Q4 2023. Released on Wednesday, the report does not mention bitcoin activity, implying that Tesla neither acquired nor liquidated...
by Koinat | Jan 23, 2024 | Market News
Bitcoin (BTC) experienced a notable setback, dropping nearly 5% within the last 24 hours and reaching its lowest level in two months, slipping below $39,000. This reversal erases much of the gains made in the preceding two months, primarily driven by heightened...
