Bitcoin L2 technology has attracted much attention since the birth of Stacks in 2015. With its unique side chain or state channel technology solution, it aims to introduce smart contract functions to the Bitcoin network or enhance its application in the payment field.
JinseFinanceHold on to the valuable assets in your hands and don't sell them easily in the hope of temporary price increases. If you take them to the bull market, I believe you will reap even more amazing returns.
JinseFinanceJurrien Timmer, Fidelity's Executive Director, offers insights into the recalibration of the market amid economic shifts. While anticipating a bullish expansion in 2024, Timmer analyzes the evolving dynamics of the interest rate cycle and long-term yields. He also highlights Bitcoin's promising status as an asset class, emphasizing its extreme position in the spectrum and the potential for change as it matures.
SanyaThe recent Bitcoin price decline is a concoction of CME futures outflows, spot sales, and structural shifts. However, analysts predict a swift attenuation of these effects, paving the way for a stabilizing Bitcoin price in the near future.
SanyaChina's efforts to stabilize the yuan have potential downsides for Bitcoin, as the People's Bank of China's interventions may lead to global USD strength, impacting Bitcoin and other risky assets. Analysts suggest that China aims to maintain currency stability, potentially affecting Bitcoin's performance negatively.
Cheng YuanBitcoin has come a long way from its origins as “digital cash” for anonymous transactions.
JinseFinanceThe Bitcoin price currently stands at $27,100, signalling a 60% drop from its 2021 peak of $69,000.
BitcoinworldIn a recent Tweet, Capo has laid down two bearish scenarios for BTC both of which can see Bitcoin fall by nearly 30% from current levels of $19,123.
BeincryptoVolatility will resume after the uptrend above $29,000 failed to become a durable trend.
CointelegraphSmaller bitcoin whales are still resisting the urge to sell amid bitcoin “whale” sell-offs, data shows.
Cointelegraph