Bitget has enhanced its Bitcoin-backed token BGBTC by introducing daily Bitcoin-denominated rewards for holders, enabling users to earn yield without selling their Bitcoin exposure. The upgrade includes cross-chain transfer capabilities via Chainlink's Cross-Chain Interoperability Protocol (CCIP), allowing BGBTC to move across multiple blockchains and access decentralized applications outside Bitget's platform. Additionally, Gauntlet will independently oversee the asset's yield strategies to ensure risk management and sustainability. This upgrade aims to provide more utility, transparency, and faster redemption options for BGBTC holders, though specific reward rates and supported networks have not been fully disclosed yet.
Bitcoin trades around $63,919 and Ethereum at $1,889, with both cryptocurrencies close to important support and resistance levels that could influence short-term trends. The 200-day moving average remains a critical reference point for assessing mark...
XRP and Solana spot ETFs attracted modest net inflows, signaling selective investor interest in these altcoins despite a broader market slowdown. XRP ETFs gained nearly $6 million over two sessions, with significant assets under management representi...
A whale investor purchased 800,000 LINK tokens worth $6.8 million from Coinbase, increasing their total holdings to over 5.3 million LINK valued at $44 million. This accumulation comes as Chainlink's price dropped below $9, creating a buying opportun...
Bitcoin dropped about 2% amid a sharp 11% plunge in South Korea's Kospi stock index, one of its worst days in years, shaking global risk assets. The U.S. Senate postponed the Crypto Clarity Act to focus on a Russia sanctions bill and federal nominati...
Hyperliquid trades near $59.5, just above its 100-day EMA, holding a critical support at $57.5 with resistance at $62 and $64.3. Shiba Inu broke above its 26- and 50-day EMAs but faces resistance at the 100-day EMA, with buying interest strong but un...
