Auto Added by WPeMatico

USDT Expands to Bitcoin’s Lightning Network, Aiming for Faster and Cheaper Transactions

Stablecoin issuer Tether has announced the integration of USDT into Bitcoin’s ecosystem, including its base layer and the Lightning Network. This integration utilizes Taproot Assets, a protocol powered by Bitcoin’s…

Continue ReadingUSDT Expands to Bitcoin’s Lightning Network, Aiming for Faster and Cheaper Transactions

XRP Predictions, LTC Updates, and Market Highlights: Bits Recap for January 31

TL;DR Ripple (XRP) holds strong above $3, with analysts eyeing a new ATH in the near future. Litecoin experienced a substantial revival, boosted by the SEC’s acknowledgment of a potential…

Continue ReadingXRP Predictions, LTC Updates, and Market Highlights: Bits Recap for January 31

How Supply Distribution Trends Can Affect Bitcoin’s Price, According to Santiment

As bitcoin’s price consolidates and traders speculate about the asset’s next trajectory, the market intelligence platform Santiment has highlighted how supply distribution trends can offer insights into the cryptocurrency’s price…

Continue ReadingHow Supply Distribution Trends Can Affect Bitcoin’s Price, According to Santiment

Bitcoin Shrugs Off Fed’s Rate Decision: Is Crypto Decoupling From Stocks?

After the Federal Open Market Committee (FOMC) announced that interest rates would remain unchanged at 4.25%-4.50%, Bitcoin’s price showed no significant fluctuations. The CME’s FedWatch tool had already projected a…

Continue ReadingBitcoin Shrugs Off Fed’s Rate Decision: Is Crypto Decoupling From Stocks?

Bitcoin Price Analysis: BTC at a Turning Point, What’s Next After Consolidation?

Bitcoin’s price is still consolidating around the $100K level despite a slide below that line on Monday. However, things could change soon, as a rally might be about to begin.…

Continue ReadingBitcoin Price Analysis: BTC at a Turning Point, What’s Next After Consolidation?