Overview
- Bitcoin rebounded to about $78–78.5K after dropping below $80K, a move that triggered roughly $2.2 billion in liquidations across major exchanges, with order book data pointing to fragile support.
- Bitcoin Hyper’s presale has surpassed $31 million at a token price of $0.013675, according to the project’s official dashboard.
- On-chain records highlight concentrated buying, including a largest single presale purchase of $500,000 and two wallets accumulating a combined $879,900, signaling notable whale interest.
- The project proposes a Bitcoin Layer 2 that integrates the Solana Virtual Machine for sub-second execution and uses a decentralized canonical bridge to anchor state to Bitcoin’s base layer, claims that remain unproven at mainnet scale.
- Tether released open-source mining libraries for major rigs and Hong Kong advanced a stablecoin issuer sandbox for select institutions, while reports of ING working with Bitwise point to rising TradFi engagement with crypto infrastructure.