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Coinbase Announces Support for Bitcoin’s Lightning Network


Coinbase, a leading U.S.-based cryptocurrency exchange, has finally announced the implementation of the lightning network, a Bitcoin layer 2 scaling solution. Coinbase will now allow its users to take advantage of this scaling protocol to avoid paying high fees for Bitcoin transactions, enhancing...

Bitcoin’s red alert: Price dips below $63K, risks further decline


Bitcoin has recently demonstrated an ability to bounce off the dip to the $64,000 support level, breaking the $64,500 resistance level. Nevertheless, the cryptocurrency encounters an obstacle at the $65,500 resistance level, reaching $65,300 and then falling again. The shrinkage caused Bitcoin...

Bitcoin’s ‘DeFi Summer’ surge mimics Ethereum’s 2020 boom


In a seismic development within the cryptocurrency sphere, Bitcoin is currently basking in what analysts describe as a “DeFi summer” moment, akin to the surge witnessed by Ethereum in 2020. Analysts at Bernstein have highlighted this phenomenon, attributing it to the launch of a...

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