Bitcoin Ecosystem Update
As of April 21, 2025, the Bitcoin ecosystem continues to evolve with
various projects and tokens contributing to its growth.
Bitcoin Cash (BCH) is priced at $316.09, with a 24-hour increase of
5.92% and a market cap of $6.28 billion.
Bitcoin BEP2BTCB is trading at $83,775.28, showing a 24-hour
increase of 3.00% and a market cap of $5.46 billion.1
According to recent updates, Bitcoin's price movement is being closely
monitored. An inverse head and shoulders pattern is forming on the
Bitcoin price chart, which could indicate a potential breakout above
the $16,600 diagonal resistance and towards the $18,500
resistance.
Additionally, Bitcoin is currently struggling against the 100 simple
moving average in the 4-hour time frame. A decisive close above this
moving average could provide the necessary momentum for Bitcoin to
reach the $18,500 resistance.
In the context of decentralized finance (DeFi), the Bitcoin DeFi ecosystem is
gaining traction.
BitcoinOS CEO, Edan Yago, suggests that if Ethereum's Hoodi update fails,
Bitcoin DeFi protocols could offer competitive yield-bearing solutions
and potentially target a $10 billion valuation.
BitcoinOS is a modular, open-source project aiming to enable fast, cheap
transactions on the Bitcoin blockchain, with capabilities to deploy
smart contracts interoperable with Ethereum Virtual Machine (EVM) and
other chains.
Bitcoin's total supply is stable and predefined at 21 million Bitcoins, with no additional Bitcoins to be issued, ensuring it won't be debased.
On April 20, 2024, Bitcoin experienced its fourth block reward halving, and today around 450 BTC are mined every 24 hours.
Here are some notable projects within the Bitcoin ecosystem:
Ordiswap: An Automated Market Maker (AMM) deployed on Bitcoin's
native layer.
Orange: An ecosystem of products and services for managing assets on the Bitcoin blockchain.
BOB (Build on Bitcoin): A Bitcoin Layer-2 with full EVM compatibility and native Bitcoin support.
MAP Protocol: A Bitcoin layer-2 and peer-to-peer omnichain infrastructure
built upon light clients and ZK technology.
TRAC: A decentralized metaprotocol tracking for Bitcoin Ordinals.
TeleportDAO: A trustless interoperability protocol providing
infrastructure for developers to build cross-chain applications.
SoSoValue: An AI-powered investment and research platform.
Nubit: The Trustless World Computer for Bitcoin.
Tap: An OrdFi enabling protocol for Bitcoin Ordinals.
BitSmiley: A stablecoin protocol on the BTC ecosystem.
These projects highlight the expansive and evolutionary nature of Bitcoin's
influence in the world of decentralized finance and blockchain technology.