Bitcoin Breakthrough with Native Collateral in DeFi
@BabylonLabs developed a proof-of-concept allowing native $BTC to be used as collateral for loans on Ethereum, enhancing DeFi without custodians. #Update #Crypto $BTC
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
@BabylonLabs developed a proof-of-concept allowing native $BTC to be used as collateral for loans on Ethereum, enhancing DeFi without custodians. #Update #Crypto $BTC
Bitcoin stabilizes above $105,000 after a flash crash, with analysts projecting a surge to $117,000 as the market shows signs of recovery. #Update #Crypto $BTC
Public companies hold over 1 million $BTC valued at $110 billion, with only early adopters seeing significant gains due to disciplined strategies. #Update #Crypto $BTC
Crypto casinos’ gross profit hit $81.4B in 2024, tripling from two years ago. #Update #iGaming
Corporate treasuries now hold over one million $BTC, valued at $120 billion, as companies adopt Bitcoin treasury strategies amid monetary debasement concerns. #Update #Crypto $BTC
Market makers @Wintermute_T and LO:TECH paused trading amid a $19B liquidation event due to broken internal rules, impacting market liquidity. #Update #Crypto
Open interest variation in crypto derivatives markets has reached a 2025 low, nearing the extreme fear region, indicating potential market sentiment shifts. #Update #Crypto $BTC
BlackRock has liquidated 272.4 $BTC for $28.36M and acquired 12,098 $ETH worth $45.47M, indicating a shift towards Ethereum amid market volatility. Total crypto liquidations exceeded $1B in 24 hours. #Update #Crypto $ETH
Tom Lee predicts $ETH could surpass $BTC by leveraging tokenized assets, despite remaining bullish on Bitcoin’s long-term role. ETH trades at $3,750. #Update #Crypto $ETH
Bitcoin.com launches a $1M rewards campaign to promote Freedom Dollar (fUSD) on Zano blockchain, advocating for financial privacy and freedom. #Update #Crypto
MrBeast’s Beast Holdings, LLC files trademark for “MrBeast Financial,” hinting at fintech services including banking and crypto. The YouTuber warns against fraudulent crypto claims. Finance
@DLHoldings and @Antalpha partner to invest $200M in tokenized gold ($XAUT) and Bitcoin mining, acquiring 100M XAUT tokens backed by physical gold. DL Holdings also invests $100M in mining infrastructure. #Update #Crypto $BTC
U.S.-listed bitcoin ETFs saw $536 million in outflows as BTC dipped below $110K, reflecting increased equity sensitivity amid market volatility. Citi maintains a year-end target of $133K for bitcoin. #Update #Crypto $BTC
BitMine’s Tom Lee suggests the crypto treasury bubble has burst, with 80% trading below asset value. BitMine, holding 3.03M $ETH, remains a key Ethereum player. #Update #Crypto $ETH