Auto Added by WPeMatico

Bitcoin Taps $63K After Fed Rate Cut Sparks Market Rally

Bitcoin reached an intraday peak of $63,227 on Thursday, following the U.S. Federal Reserve’s decision to lower the benchmark interest rate by 50 basis points the previous day. The entire…

Continue ReadingBitcoin Taps $63K After Fed Rate Cut Sparks Market Rally

Robert Kiyosaki: Bitcoin Price ‘About to Explode’ as Fed Cuts Rates

Rich Dad Poor Dad author Robert Kiyosaki believes that bitcoin’s price is “about to explode” as the Federal Reserve cuts interest rates. He predicted that as interest rates drop, investors…

Continue ReadingRobert Kiyosaki: Bitcoin Price ‘About to Explode’ as Fed Cuts Rates

Bitcoin Emerges as a ‘Unique Diversifier,’ Says Blackrock’s Latest Report

In a recent report, Blackrock, the largest digital asset manager, explores bitcoin’s role as a unique investment diversifier, highlighting its distinct risk and return factors compared to traditional assets. The…

Continue ReadingBitcoin Emerges as a ‘Unique Diversifier,’ Says Blackrock’s Latest Report

Bitcoin Market Stagnation Signals Potential for Future Volatility, Report Shows

Bitcoin’s market is currently experiencing a period of stagnation, characterized by minimal capital inflows and outflows. According to an onchain analysis from Glassnode, researchers highlight that this inactivity may lead…

Continue ReadingBitcoin Market Stagnation Signals Potential for Future Volatility, Report Shows

Bitwise Analyst Sees Ethereum’s Struggles as a Long-Term Opportunity

Ethereum is facing some of its toughest challenges, with market sentiment turning negative. The cryptocurrency’s performance has lagged, its regulatory outlook remains uncertain, and competition from newer blockchains like Solana…

Continue ReadingBitwise Analyst Sees Ethereum’s Struggles as a Long-Term Opportunity

Bitcoin L2 and Sidechain Networks Surge to $1.31 Billion in Locked Value

This year, Bitcoin layer two (L2) solutions and sidechains have gained incredible traction, with the top ten Bitcoin-based sidechains or L2 protocols now controlling a combined $1.31 billion in total…

Continue ReadingBitcoin L2 and Sidechain Networks Surge to $1.31 Billion in Locked Value