by Koinat | Nov 14, 2023 | Market News
On Thursday, the cryptocurrency market experienced substantial turbulence, leading to the liquidation of over $400 million in open trades, marking the most significant liquidation event since the August crash. Bitcoin (BTC) and Ethereum’s ether (ETH) witnessed...
by Koinat | Nov 14, 2023 | Market News
In the early hours of November 9, 2023, Bitcoin surged past $37,000 during U.S. trading, following a similar trend in Asian markets. This sudden increase triggered a “short squeeze,” leading to the liquidation of nearly $50 million in bitcoin shorts (bets...
by Koinat | Nov 10, 2023 | Market News
The current price of Bitcoin is on the rise, swiftly surpassing $38,000 and sparking enthusiasm among both retail and institutional investors. Today, Bitcoin’s price reached an intraday high of $37,972, momentarily retracting below $37,000. This surge to a new...
by Koinat | Nov 8, 2023 | Market News
Dubai’s regulatory body, the Virtual Assets Regulatory Authority (VARA), has pursued an inclusive approach by engaging with various stakeholders to establish guidelines for handling digital assets. The authority’s primary objective is to position Dubai as...
by Koinat | Nov 8, 2023 | Market News
Binance bought Trust Wallet in 2018 using money and BNB tokens, which were worth $14.80 at that time. The value of BNB has since increased to $244. Trust Wallet’s special coin, TWT, decreased by 7% when Binance, the company that bought Trust Wallet, launched its...