Coin News

Factors Contributing to the Surge in Bitcoin’s Dominance Rate One of the primary factors contributing to the surge in Bitcoin’s dominance rate is the increasing institutional adoption of cryptocurrencies. Large financial institutions, such as Fidelity Investments, have started to offer cryptocurrency investment services, which has led to a surge in demand for Bitcoin. Another significant…

‍ The Rise of Layer 2 Solutions in the Bitcoin Ecosystem In recent years, there has been a significant increase in the number of Layer 2 solutions being developed for the Bitcoin network. These solutions range from payment channels like the Lightning Network to sidechains like Liquid and Plasma. The rise of Layer 2 solutions…

‍ Impact of Jobs Data on Bitcoin’s Trade The impact of mildly encouraging jobs data on Bitcoin’s trade is not always straightforward. On the one hand, positive economic news can lead to increased investor confidence, which can drive up the demand for Bitcoin and increase its value. On the other hand, positive economic news can…