The rally follows stimulus announcements that included interest rate cuts, liquidity support for stocks, banking system capital injections, and a promise to support property prices. The enormous stimulus, estimated to be over 7.5 trillion yuan (CNY), has been widely perceived as uber-bullish for bitcoin and other risk assets. Bitcoin, however, remains flat-lined at around $64,000 in the wake of the China stimulus, extending a six-month-long consolidation between $50,000 and $70,000.
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with...
A new brief from the Bitcoin Policy Institute argues that recent breakthroughs in quantum computing are accelerating the timeline for...
Key Takeaways: Bitcoin ( BTC) hit $73,332 on April 10, its highest since March 18. CPI showed 0.9% inflation in...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure An XRP enthusiast on X recently shared...
Amid the recent market recovery, Solana (SOL) has jumped roughly 10% from last week’s lows, reclaiming the $82 level and...
