Web3 🌘 Thursday Roundup: Fed Hold, JUP Soars, Buterin Steps Back, Kiyosaki on Bitcoin

Welcome, crypto enthusiasts! Today's newsletter is packed with news and insights from the ever-evolving world of blockchain technology. We'll delve into the latest happenings with Bitcoin, explore a rising star in the JUP token, witness a legendary figure take a step back, and examine a bold investment thesis for Bitcoin's future. Let's dive in!

1/ 📑 Fed Maintains Rates, Hints at March Tightening.

Bitcoin's price has been up and down lately, but overall it hasn't changed much. Some people think that if the Federal Reserve cuts interest rates, Bitcoin's price could go up to a new high. However, the Fed recently decided to keep interest rates the same, so it's not clear what will happen to Bitcoin's price in the future.

Fed Leaves Rates Unchanged, Sounds Hawkish Note on March

Bitcoin investors have mostly been focused on spot ETFs and the upcoming halving, but central bank monetary policy is also likely to play a sizable role in the 2024 price outlook.

CoinDeskStephen Alpher

2/ 💰 JUP Token on Solana Surges After $700M Airdrop to Wallets.

The JUP token launched on the Solana blockchain with a bang. The airdrop sent $700 million worth of JUP tokens to almost one million wallets. The price started at $0.41 and reached $0.72 by the end of the day. The Solana blockchain performed well during the airdrop, even with the new trading activity, proving its scalability.

JUP Token Soars After $700M Jupiter Airdrop to Solana Wallets

The Solana blockchain executed one of its largest airdrops, sending roughly $700 million Jupiter (JUP) tokens to almost one million wallets.

Watcher GuruMichael Grullon

3/ ✨ Vitalik Buterin Doesn't Want to Be the Face of Crypto.

Vitalik Buterin, the co-founder of Ethereum, is stepping back from the public face of cryptocurrency. He believes that there are younger people who are ready to take on leadership roles in the industry. Buterin founded Ethereum in 2013 and has since become a leading figure in the crypto space. He is now calling for a more decentralized future for the industry, urging the community to create a “decentralized tech stack” that can compete with centralized tech companies.

Ethereum Founder Vitalik Buterin Doesn’t Want to Be the Face of Crypto - Decrypt

Ethereum co-founder Vitalik Buterin says there are “people a full decade younger” than him now taking leading roles in crypto and beyond.

DecryptDecrypt Staff

4/ 🍀 Robert Kiyosaki's Views on Bitcoin.

Robert Kiyosaki, the author of Rich Dad Poor Dad, believes Bitcoin is a better investment than stocks. He argues that Bitcoin is a better protection against inflation and theft than traditional assets, like stocks. Bitcoin is limited in supply and cannot be debased through monetary expansion. This makes it an attractive “inflation hedge”. Bitcoin can also be protected from theft if the private key is kept secret. Kiyosaki believes that Bitcoin has more upside potential and lower long-term risk than stocks.

Rich Dad Poor Dad Author Explains Why He Owns Bitcoin Over Stocks

Robert Kiyosaki – author of the famous personal finance book Rich Dad Poor Dad – has come out with another statement in support of Bitcoin (BTC) as a

CryptonewsAndrew Throuvalas

Conclusion:

Overall, today's crypto news offered a mix of insights and developments. While Bitcoin's price remains stagnant, the JUP token launch on Solana showcased the blockchain's scalability. Meanwhile, Ethereum's Vitalik Buterin calls for a decentralized future, and Robert Kiyosaki reinforces his bullish stance on Bitcoin. Whether you're a seasoned investor or just starting to explore crypto, staying informed about these trends and diverse perspectives is crucial for navigating the ever-evolving landscape.

Disclaimer: The information provided in this blog post is based on external sources. Please do your own research and due diligence before making any investment or financial decisions based on the content shared here.

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