by Koinat | Jan 10, 2024 | Market News
In a recent announcement, crypto custodian BitGo revealed it has received in-principle approval to operate as a Major Payment Institution (MPI) in Singapore. The Monetary Authority of Singapore (MAS), the nation’s central bank and regulator, granted the license,...
by Koinat | Jan 10, 2024 | Market News
On January 9, the US Securities and Exchange Commission (SEC) experienced a significant cybersecurity breach, causing a loss of public trust. According to Bloomberg, hackers took control of the SEC’s social media account and falsely announced the approval of...
by Koinat | Jan 4, 2024 | Market News
In the concluding week of 2023, cryptocurrency investment products experienced substantial inflows, totaling $243 million and contributing to a yearly cumulative inflow of $2.2 billion, according to CoinShares. Bitcoin (BTC) took the lead with over $1.9 billion...
by Koinat | Jan 3, 2024 | Market News
Despite Bitcoin reaching close to $45,000 recently, a widely-followed analyst suggests that the cryptocurrency might experience a significant cooldown, with a possible dip to $30,000, based on historical indicators from the Directional Movement Index (DMI)....
by Koinat | Jan 3, 2024 | Market News
Tracking data from Matrixport reveals that the global average perpetual funding rates hit a new high of 66% annually early on Monday. Holding onto long positions or bullish bets with leverage in the perpetual futures market linked to bitcoin became more expensive than...
