@BitlayerLabs #Bitlayer#Bitlayerlabs The currency (token) Bitlayer known as BTR is the native currency in the Bitlayer network, which is a Layer-2 on the Bitcoin network, aiming to combine the decentralized security power of Bitcoin with the programmability and speed provided by smart contracts. Here are the details:
Quick summary
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Currency BTR – the native token in the Bitlayer network
Bitlayer is an innovative Layer-2 protocol for Bitcoin, designed to bring smart contract capabilities, high throughput, and EVM compatibility to the Bitcoin network—all while inheriting its rock-solid security.
Built around BitVM (Bitcoin Virtual Machine), Bitlayer acts like an optimistic rollup on Bitcoin, enabling Turing-complete smart contracts.
It pairs BitVM with Zero-Knowledge (ZK) proofs, allowing batching of off-chain transactions and efficient, secure validation.
Crucially, Bitlayer secures its state transitions by anchoring them directly onto Bitcoin’s L1 chain, safeguarding them with Bitcoin’s consensus and ensuring “hard finality.”
Key Technical Highlights
Turing-Complete Execution Engine: Offers compatibility with multiple virtual machines (e.g., EVM, CairoVM), making it easier for developers to deploy decentralized applications.
Fast Finality with Dual Layers:
Soft finality: Near-instant confirmation via PoS-based block production.
Hard finality: Achieved when L2 state is validated on Bitcoin, typically over a challenge period.
Trust-Minimized Asset Bridge (BitVM Bridge): Enables secure BTC bridging without federated custody, using optimized DLC and fraud-proof mechanisms.
EVM Compatibility and dApp Ecosystem: Bitlayer supports EVM-style development and already hosts DeFi, gaming, NFT, lending, and launchpad applications.
Ecosystem and Funding Overview
Founded in October 2023, Bitlayer Labs is already backed by major investors including Polychain Capital, OKX Ventures, and Franklin Templeton Investments.
The platform facilitates cross-chain liquidity, with BitVM bridges integrated with prominent networks like Base, Arbitrum, Starknet, Sui, and more.
Summary Table
Feature Description
What it is Bitcoin Layer-2 rollup with smart contract capabilities Core tech BitVM + Zero-Knowledge proofs Finality Soft (fast PoS) + hard (on-chain Bitcoin settlement) Assets bridge Trust-minimized, using BitVM and DLC approaches Developer support EVM compatibility, multiple VMs Support & funding Leading investors, multi-chain bridges
The REVA currency you are referring to is most likely Revault Network (REVA), which is a cryptocurrency (Token) issued on the BNB Smart Chain (BEP-20) and was launched in 2021.
Key Information about Revault Network (REVA) Currency
Platform: Operates on the BNB Smart Chain (BEP-20).
Currency Launch: It was launched in October 2021 through an ICO campaign, raising approximately $430,000, with a launch price of $1.93 per unit.
A joint report by the digital asset investment firm Keyrock and the cryptocurrency exchange Bitso expects stablecoins to achieve a historic leap, increasing their share to about 12% of total cross-border payments globally by 2030, which equates to one dollar of every eight dollars transferred across borders.
The report noted that this potential boom is contingent upon addressing regulatory challenges, enhancing liquidity, and improving interoperability, explaining that the share of stablecoins in 2024 did not exceed 3% of the global remittances market, which amounts to $195 billion, but their payment volume could reach one trillion dollars within five years.
The sector is already witnessing regulatory developments that support this path, most notably the signing of the Genius Act by U.S. President Donald Trump last July, which grants stablecoins legal recognition, in addition to the entry into force of the European MiCA regulation to regulate their use within the European Union.
This new regulatory environment has opened the door for fintech companies and payment firms, even banks, to compete with major players like Tether and Circle, at a time when stablecoin companies are moving towards developing their own blockchain networks to enhance their share of settlement revenues. #solana #BNB_Market_Update #BTCHashratePeak #ETH $BTC $BNB $SOL #CompoundInterest
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#SuccinctLabs PROVE<ct-49/> Succinct is a distributed and open network generating zero-knowledge proofs (ZK Proofs) through a competitive marketplace between service providers (Provers) and users (Requesters).
Requests and bids are coordinated off-chain for queries, while filtering and verification of results are completed through smart contracts on the Ethereum network.
Restaking Protocol: Allows SOL users or Liquid Staking Tokens (LSTs such as mSOL, bSOL, and others) to reinvest their assets to secure additional services within the Solana network, increasing capital efficiency and providing users with additional rewards.
Core Components:
1. Restaking Pool Manager: Receives assets such as SOL or LST and converts them into new liquid tokens known as sSOL, enabling the user to stake them in support of network services.
Bitcoin is showing divergence on the daily frame and the negativity has started. A drop to 95000 is expected as the first support area and the final support area at 85000, and God knows best...
To those who have lost a lot in trading… read these words before you decide to withdraw
Imagine you are in a massive battle… a field full of noise, screams, and you are in the middle with a broken sword and a pierced shield. You have been hit multiple times, fallen more than once, and started to wonder: is this battle worth it? In trading, many have gone through this battle. Some withdrew… and others learned how to fix their sword and make a stronger shield.
The investment race heats up in this cryptocurrency.. from $4,700 to $15,000
The price of the cryptocurrency "Ethereum" has risen, nearing new record levels, with increasing optimism on Wall Street about the future of this digital currency.
The second largest cryptocurrency in the world by market cap rose by 0.7% on Thursday to exceed $4,700 per unit, approaching its record number set in 2021. Legislative and regulatory support for the market.
5 Best Cryptos to Buy August 2025 Before CPI Rally
As inflation data looms, the crypto market is bracing for a potential CPI-driven breakout. Investors are looking for the best crypto to buy now to position ahead of the rally. Here are five standout picks, each offering unique catalysts for August 2025 and beyond.
Ethereum Surges as Institutional Buying Hits Record Levels Ethereum is firmly back in the spotlight, making it a top contender for the best crypto to buy in August 2025. ETH recently blasted past $4,400 for the first time since 2021, driven by unprecedented institutional demand from BitMine Immersion Technologies.
The company has expanded its equity offering to $24.5 billion with the ambition to secure 5% of Ethereum’s total supply, cementing its position as the largest corporate holder.
With ETH posting a 23% weekly gain and outperforming Bitcoin’s 6%, analysts are calling for new all-time highs. BitMine chairman Tom Lee forecasts a range from $7,000 to $15,000 this year, with long-term projections as high as $60,000.
This aggressive accumulation trend makes Ethereum one of the most promising large-cap plays heading into the CPI data. XRP Poised for Major Breakouts XRP is showing one of the strongest technical setups in the market, making it a compelling best crypto to buy candidate for August. Trading at $3.15, XRP has climbed 42% in eight weeks and broken out from a seven-year symmetrical triangle pattern.
Analysts like Ali Martinez see targets of $11 to $12.60 in the near term, with bullish cases extending to $24, and some calling for $50 by year-end. On-chain data, such as the MVRV golden cross, further supports this outlook. With the SEC lawsuit finally behind it, XRP is positioned for its most significant rally in years.
Solana & BNB Eye Triple-Digit Gains Solana has regained momentum, trading at $175 after a 24% rise over two months. Crypto analyst Mario Nawfal projects an ambitious move to $1,000, a potential 475% upside. This would give SOL a $540 billion market cap, surpassing the likes of Mastercard.
Solana’s network speed, developer activity, and growing ecosystem continue to draw institutional and retail interest, making it a high-upside best crypto to buy for August.
Meanwhile, BNB is consolidating just under key resistance at $828. A breakout could open the way to $861 and potentially $1,000, according to bullish market watchers. The positive RSI suggests bulls still control momentum. If Bitcoin and Ethereum rally post-CPI, BNB could follow suit, cementing its status as one of the best cryptos to buy for a near-term run. MAGACOIN FINANCE – Security-First Meme Coin with DeFi Utility For investors seeking the best crypto to buy with strong community backing and verified security, MAGACOIN FINANCE stands out. Built on a zero-tax, transparent infrastructure, it is fully community-owned — with no VC allocations — and audited by HashEx and CertiK for top-tier security.
It boasts over 12,000 holders and a 420% wallet growth rate. MAGACOIN FINANCE combines meme coin virality with genuine DeFi utility. With its sale phase still open and major exchange listings rumored, this security-first, audited project offers a rare early entry opportunity in August’s market climate.
Final Takeaway With the CPI report approaching, volatility is set to spike — and positioning early could pay off. Ethereum, XRP, BNB, Solana, Dogecoin, and MAGACOIN FINANCE each bring unique catalysts for August’s potential rally. #TradingTypes101 #ETHRally #REVABinanceTGE #HotJulyPPI #ETHRally #DeFiGetsGraded $BTC $XRP $SOL
Concerns of the banking sector.. Reasons for sudden fluctuations in the cryptocurrency market on Wall Street
Not long ago, top Wall Street leaders were fierce critics of the cryptocurrency market. Jamie Dimon, CEO of JPMorgan Chase, likened Bitcoin to a “pet rock,” while Brian Moynihan of Bank of America described it as “an untraceable tool for money laundering,” and HSBC explicitly stated: “We are not interested in Bitcoin.”
"Strategic" buys Bitcoin for $2.46 billion in its third largest deal in history
In a new move that solidifies its position as the largest institutional buyer of Bitcoin, American billionaire Michael Saylor announced that his company "Strategic" purchased over 21,000 Bitcoin in a single week, valued at more than $2.46 billion.
The purchases were made between July 28 and August 3, at an average price of $117,526 per coin, which is the second highest price the company has paid since it began investing in Bitcoin and the third highest purchase deal in a week in the last 5 years. With this deal, the company's total holdings increased to 628,791 Bitcoin, estimated to have a market value of over $71 billion, according to Bloomberg.
Thanks to a continuous influx of stock offerings and debt deals, Saylor has transformed his enterprise software company into the leading company in Bitcoin purchases. #BTCBreaksATH #ETHRally $BTC
The market value of the cryptocurrency market has risen to exceed 4 trillion dollars for the first time in its history.
This gain has been supported by the price of Bitcoin rising by more than 2% to exceed the 122 thousand dollar mark and approaching its historic level recorded at 123.3 thousand dollars.
Additionally, the price of Ether has risen by more than 3% this Monday morning, bringing its gains over the last 7 days to 22%, supported by the continued interest of financial institutions in purchasing cryptocurrency exchange-traded funds.
In a related context, Dr. Mohamed Abdel Motaleb, a partner at "X Pay", stated that the recent rise in the price of "Ethereum" (Ether) was expected.
Abdel Motaleb attributed the rise in Ether to the issuance of a new US legislation related to stablecoins, which rely 90% on Ethereum networks.
He continued: "This legislation will allow for the licensing of these currencies, leading to an increase in transactions and demand for them, and consequently an increase in the price of Ethereum."
He pointed out the essential difference between the two currencies, saying: "If Bitcoin is digital gold, then Ethereum is digital oil."
The digital currency is an open and decentralized network currency that enables users to connect to network applications, designed to provide maximum utility and ownership without any compromises. It is the user experience system on the network, operating 150 million connections for over 23 million users across 600 wallets, 40,000 application projects, and all chains.
Cryptocurrencies have complex, multi-dimensional economic effects, some positive and some negative, and their impact varies by the extent of their adoption and regulation in each country. Here are the main economic effects:
1. Positive impacts
A) Stimulating financial innovation
The emergence of new technologies like blockchain and smart contracts encourages companies to develop faster and cheaper payment and exchange solutions.
#WalletConnect WCT is short for WalletConnect Token, the native token within the WalletConnect network, used for governance, rewards, staking, and fee payments within the WalletConnect ecosystem. Here’s a featured summary about it:
What is WCT?
It is a digital currency of the ERC-20 type launched on the Optimism Network and used as the native token in the WalletConnect network for Web3.
Bitcoin Records New All-Time High as Bets Rise on Fed Rate Cuts
Bitcoin recorded a new all-time high on Thursday, supported by rising expectations for more accommodative monetary policies from the Federal Reserve, alongside momentum from recently announced financial reforms.
The largest digital asset in the world by market value rose by 0.9% to reach $124,002.49 during early Asian trading, surpassing its previous peak achieved in July. On the same day, the price of ether – the second-largest cryptocurrency – reached $4,780.04, the highest since late 2021.
How is the second largest cryptocurrency reshaping the global financial map?
The market is set for a historic transformation
The digital landscape is no longer what it was a few years ago. After cryptocurrencies were treated as high-risk adventures limited to technical discussions or speculative strategies, they have now become part of the global financial system. At the heart of this transformation is Ethereum, the second largest cryptocurrency by market capitalization, confidently stepping towards record numbers and establishing a new role that goes beyond being just a digital asset, to becoming a global financial tool with its strategic weight.