by Koinat | Dec 12, 2023 | Market News
Bitcoin experienced a decrease in value on Monday as investors decided to cash in their profits following the cryptocurrency’s rise in December. The price of Bitcoin dropped by more than 7%, reaching $40,887.81, according to Coinbase. This decline...
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 | Oct 31, 2023 | Market News
Despite Bitcoin’s price being 50% below its all-time highs, a new milestone has been reached with approximately 80% of Bitcoin addresses now in profit at the $34,000 level. As of October 30, Glassnode’s latest data reveals that a record 39.1 million...
by Koinat | Oct 30, 2023 | Market News
Amidst predictions of a $40,000 Bitcoin surge, analysis suggests that Bitcoin has substantial momentum, surpassing the S&P 500 in October. On October 27, Bitcoin confidently reached $34,000 at the Wall Street open, drawing attention to its performance...
by Koinat | Oct 25, 2023 | Market News
In a recent blog post titled “The Periphery,” Arthur Hayes, former CEO of BitMEX, presents a compelling argument for Bitcoin’s potential to reach a $1 million price tag. According to Hayes, Bitcoin is on the brink of a significant moment, a...