Botanix Will Shut Down Bitcoin Layer-2 Network in July, Citing Lack of DeFi Demand

Across prediction markets, on-chain dashboards, and sentiment trackers, a clear majority of Bitcoin investors have positioned themselves for further downside.  Although Bitcoin has since recovered above $60,000, the recent crash below the level over the weekend has led many crypto traders to believe that there’s going to be another crash to the final bottom. According […]

Bitcoin is testing a key demand zone after breaking down from a symmetrical triangle, putting the market at a critical turning point. While buyers may attempt to defend this support and trigger a rebound, a failure to hold could open the door to further downside in the near term.  Bearish Triangle Breakdown Sends Bitcoin Toward Key Liquidity Zone Minga highlighted that the market has experienced a bearish breakout from a symmetrical triangle pattern, and the price is trending toward the 50% wick fill region of the previous weekly candle, an area containing significant untested liquidity and a long limit order that was previously front-ran. While he expects this long position to be filled, the risk on this trade is minimal at 0.25%, effectively serving as a risk-free hedge against his existing short position. Related Reading: Bitcoin Trader Says Something Extremely Bad Is Coming Today, Here’s What Minga maintains a bullish bias for the remainder of the month, but he emphasizes that this

Cango's strategic shift towards AI and mining efficiency highlights a broader trend of diversification in crypto firms, impacting investor focus. The post Cango increases Bitcoin holdings by 7.65 BTC to 1,065 BTC after selling thousands earlier this year appeared first on Crypto Briefing.

Solana-based decentralized exchange Raydium will repay the funds swiped in the $1.34 million exploit using its treasury.

Debate continues over whether decentralized systems or centralized financial institutions are better positioned to handle quantum-era risks.

The integration of leveraged tokenized equities on Solana could democratize access to complex financial instruments, enhancing DeFi's appeal. The post Jupiter Exchange adds leveraged tokenized equities from Shift RWA on Solana appeared first on Crypto Briefing.

Strive's innovative daily dividend model could reshape investment strategies, but its success hinges on Bitcoin's stability and market diversification. The post Strive CEO Matt Cole predicts digital credit dividends will surpass money market accounts appeared first on Crypto Briefing.

The US openly accumulating Bitcoin could shift global economic power dynamics, influencing market stability and digital asset policies worldwide. The post Cynthia Lummis calls for US to accumulate Bitcoin openly while other nations buy quietly appeared first on Crypto Briefing.