Thu, September 4

Search Results for: crypto market

USDT Issuer Tether Bought $380 Million Worth of Bitcoin

Tether, the issuer of the USDT stablecoin, has been heavily investing in Bitcoin throughout Q4 2023, purchasing a large number of BTC.  In the last phase of the past quarter, Tether added $380 million worth of bitcoin to its holdings, further solidifying its position in the crypto market. As a

January 18, 2024 1 min read

BlackRock’s Spot Bitcoin ETF Hits $1 Billion AUM in First Week

With $1 billion in assets under management (AUM), BlackRock’s spot bitcoin ETF became the first bitcoin ETF provider to reach this milestone on Wednesday. January 12 marked the beginning of trading for the asset manager’s iShares Bitcoin Trust (IBIT). Robert Mitchnick, Head of Digital Assets at BlackRock stated via email:

January 18, 2024 1 min read

Ethereum Faces Bearish Pressure as Brief Correction Underway

A significant amount of the Bitcoin (83%), Ethereum (84%), and XRP (81%) supply is profitable, according to a recent publication by Santiment. Movements outside of the 55–75% range have traditionally been seen as low risk, while those within the range have been seen as average. The PSP indicator tracks the

January 18, 2024 2 mins read

JPMorgan CEO Jamie Dimon Warns Against Bitcoin Investments

The chief executive officer of JPMorgan, Jamie Dimon, made news when he warned against Bitcoin investments in a recent CNBC interview. The comment is the most recent in Dimon’s string of criticism directed against Bitcoin. Cryptocurrencies like Bitcoin have had Jamie Dimon’s skepticism for quite some time. He has further

January 17, 2024 2 mins read

BTC Continues to Fall Post ETF Approval. More Decline Expected?

The global cryptocurrency market is currently gripped by uncertainty as Bitcoin (BTC) trades within a narrow range. A staggering 57% drop in global market trading volume over the last four days has contributed to the cautious feelings, leaving crypto enthusiasts on the edge, eagerly anticipating the next market trend. The

January 16, 2024 2 mins read

Ethereum (ETH) Has a New Rival That Can Be Just as Big and Is Priced at Just $0.08 Right Now

Ethereum (ETH) is one of the world’s most popular and influential cryptocurrencies, powering a vast network of decentralized applications (DApps) and smart contracts. However, Ethereum is not without its challenges, such as scalability, high fees, and environmental impact. As the crypto space evolves, new alternatives emerge that aim to address

January 16, 2024 4 mins read

How to Start Margin Trading on KoinBay?

Margin trading is a powerful tool available on KoinBay that can significantly amplify your potential cryptocurrency results. However, this amplified potential comes with equally amplified risks. This article provides a comprehensive guide to understanding and utilizing margin trading responsibly on KoinBay. Understanding Margin Trading Margin trading allows you to trade

January 15, 2024 4 mins read
Little Pepe