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Professor Of Information - BTC_CRYPTO
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š„BREAKING:
SPACEX HAS MOVED $150M OF THEIR $1B OF #
BITCOIN
TO A NEW ADDRESS.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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Professor Of Information - BTC_CRYPTO
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You are wrong that in August, Btc always dip. In the last Bull run in 2021, BTC candle was green in August. Meaning that Bitcoin may do well in this bull year 2025.
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UK company smashes local Bitcoin treasury record with $135M raise London-based artificial intelligence firm Satsuma Technology raised 100 million British pounds ($135 million) for its new Bitcoin treasury, setting a national record for BTC treasury raises. According to a ThursdayĀ announcement, Satsuma Technology said it āhas successfully closed the book on the raise materially in excessā of the $135 million target. The company expects all committed funds to arrive within the next two weeks. If the full amount is converted into Bitcoin, the purchase would make Satsuma the second-largest corporate BitcoinĀ holder in the UK, behind The Smarter Web Company, which holds 1,600 BTC worth about $190 million,Ā accordingĀ to BitcoinTreasuries.NET data. Currently, Phoenix Digital Assets holds second place with 247 BTC valued at $29 million. The planned acquisition may also mark the largest single Bitcoin purchase by a UK company, as The Smarter WebĀ accumulatedĀ its holdings through multiple transactions. Satsuma could acquire more than half of its total in a single buy. - Cointelegragh
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I just came across this platform known as Build On Bitcoin (BOB). But it yet to come up with a token Layer-2 blockchain network Build on Bitcoin (BOB) has rolled out a major technical upgrade that brings it closer to getting a fully decentralized mark on L2Beat, a platform that ranks the maturity and decentralization of layer-2 networks.Ā BOB, which aims to bring Ethereum-style decentralized finance (DeFi) capabilities to Bitcoin, has implemented zero-knowledge (ZK) fraud proofs within an optimistic rollup framework.Ā This means that BOB is using an optimistic rollup structure but replaces the traditional and slow fraud-checking process with faster ZK fraud proofs, Ā a shift that allows transaction disputes to be resolved in minutes using cryptographic proofs. The new implementation aims to lower friction for users and reduce the barrier to participation in securing the network.Ā Build on Bitcoin joins the full decentralization race BOB co-founder, Alexei Zamyatin, told Cointelegraph that its new Kailua upgrade brings the blockchain to stage 0 on the L2Beat platform, allowing it to join 24 other protocols in the rollup rankings on the platform.Ā āThis upgrade will take BOB to stage 0 on L2BEAT,ā Zamyatin told Cointelegraph. āItās then a relatively short jump to achieve stages 1 and 2.āĀ
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First time in over a year: $ETH spot volume has officially flipped $BTC Last week: Ethereum: $25.7B Bitcoin: $24.4B ā ETH/BTC spot ratio back above 1.0 Money is rotating into #Ethereum and altcoins.
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People Are Buying Bitcoin Around $117K but Hereās Why That Matters In the last 30 days, 1.48 million BTC has moved. Thatās a huge amount of supply rotation. š» Selling happened mostly below $105K š¢ New buyers stepped in between $105Kā$120K What really stands out is the fresh demand building between $117K and $118K. Itās not a strong base yet, but it shows new buyers are confident even at these higher levels. If price pulls back, this zone could be the first area to hold. Worth keeping an eye on.
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