by Koinat | May 30, 2023 | Market News
If paying with Australian dollars, one Bitcoin can be purchased on Binance Australia for the equivalent of $22,000. Transporting it there is the issue. When traded against the Australian dollar, the price of Bitcoin is down as high as 21% on the Australian...
by Koinat | May 29, 2023 | Market News
As evidence that US inflation is sticky is met by upward volatility, Bitcoin concludes that negative news is insufficient. Bitcoin made fast gains at the beginning of Wall Street on May 26 when US macroeconomic data came as a rude surprise. Bitcoin is ignoring new...
by Koinat | May 1, 2023 | Fundamental Analysis
This week, the world of Bitcoin was abuzz with news of the second biggest bank failure in U.S. history. First NBC Bank, which was based in New Orleans and had over $4 billion in assets at its peak, was placed in receivership by federal regulators in 2017. Here are...
by Koinat | Apr 4, 2023 | Fundamental Analysis
Bitcoin is regarded as ‘untouchable.’ according to an expert, despite regulatory constraints Bitcoin is a currency “According to senior commodities analyst Michael McGlone, it is “untouchable” since it is more decentralized than other...
by Koinat | Mar 21, 2023 | Market News
Bitcoin price action is aiming towards $28,500, with “all classes” purchasing BTC, but the chances of the Fed suspending rate rises are dwindling by the hour. As a major Federal Reserve interest rate decision loomed on March 21, Bitcoin surged to fresh...