by Koinat | Feb 2, 2024 | Market News
he overall cryptocurrency market underwent a 0.6% correction within 24 hours, resulting in a total capitalization of $1.65 trillion. This correction was influenced by pressure on global equity markets following declines in major IT giants. Bitcoin, trading around...
by Koinat | Feb 2, 2024 | Market News
As the Federal Reserve prepares to announce its first interest rate decision of 2024, the crypto market braces itself for potential effects. The Chicago Mercantile Exchange (CME) hints at a 96.9% probability of unchanged interest rates, creating ripples in the...
by Koinat | Feb 2, 2024 | Market News
A recent study suggests that regulatory measures in the cryptocurrency space, often implemented by platforms like Binance, not only contribute to market efficiency but also safeguard investors by ensuring the availability of reliable, public information. According to...
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...
