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...
by Koinat | Jan 2, 2024 | Market News
Bitcoin has surpassed the $45,000 mark for the first time in almost two years, marking a significant milestone as anticipation grows around the potential approval of the first spot Bitcoin exchange-traded fund (ETF) in the United States. The leading cryptocurrency...
by Koinat | Dec 28, 2023 | Market News
BNB has reclaimed the fourth position, surpassing Solana (SOL), in the latest rally fueled by the recent surge in Binance Coin’s value. However, as BNB records a 10.4% increase in the past 24 hours, reaching $322.75, traders are expressing caution, betting...
