by Koinat | Jan 31, 2024 | Market News
Standard Chartered Bank anticipates that Ether (ETH), the second-largest cryptocurrency, could experience a nearly 70% surge to reach $4,000 by May. The British bank bases this projection on the expected regulatory approval of spot-based exchange-traded funds (ETF)...
by Koinat | Jan 29, 2024 | Market News
Chris Burniske, former crypto lead at Ark Invest under Cathie Wood and current partner at Placeholder, suggests that Bitcoin (BTC) may not have hit its local bottom yet. Anticipating a potential decline to the $30,000-$36,000 range, he even contemplates the...
by Koinat | Jan 26, 2024 | Market News
The U.S. Securities and Exchange Commission (SEC) has postponed the decision on Grayscale Investments’ application to transform its Ethereum trust product (ETHE) into an exchange-traded fund (ETF). This delay comes shortly after a similar decision...
by Koinat | Jan 26, 2024 | Market News
Bitcoin’s recent downturn, particularly following the introduction of spot exchange-traded funds (ETFs) in the U.S., has raised concerns among retail investors about the cryptocurrency’s future, according to a survey conducted by Deutsche Bank (DB)....
by Koinat | Jan 25, 2024 | Market News
Bitcoin (BTC) demonstrated resilience above the $40,000 mark during Thursday’s European trading hours, with a flat performance in the dollar index ahead of the eagerly awaited U.S. fourth-quarter gross domestic product (GDP) report. At 09:38 UTC, Bitcoin,...
