Bitlayer Labs is a project focused on extending the capabilities of Bitcoin through BitVM technology, specifically Bitcoin's Layer 2 solution. Bitlayer aims to allow Ethereum smart contracts to run directly on the Bitcoin blockchain, while maintaining Bitcoin's security. The project was co-founded by Charlie Hu and Kevin He. Bitlayer acts as a Layer 2 solution, processing off-chain transactions and then aggregating them into batches and recording them on the Bitcoin blockchain. This increases scalability, speed, and reduces transaction costs compared to transacting directly on Bitcoin. Bitlayer also uses Layered Virtual Machine (LVM) technology to create a separate execution environment on Bitcoin, allowing support for a variety of smart contracts, including EVM smart contracts and proofs from zk-SNARKs/zk-STARKs. One of Bitlayer's notable technologies is Discreet Log Contracts (DLC), which allows transacting parties to design contract terms in advance and use an intermediary oracle to sign the agreement, thereby creating more complex and private transactions than other Layer 2 solutions on Bitcoin. @BitlayerLabs #Bitlayer
@BitlayerLabs #Bitlayer @BitlayerLabs is a leading blockchain technology lab, specializing in the development and research of innovative blockchain solutions. They focus on creating tools and platforms that promote the adoption of blockchain technology across various industries. 🌟 #Bitlayer
The uptrend season arrives, and the entire crypto community buzzes like it's Tet. Here are 10 types of 'legends' you're sure to encounter:
1. The Great Prophet Always declaring, "I told you BTC would reach 120k!" But when asked at what price, they go blank.
2. The Big FOMO Only buys when they see a coin has tripled or quintupled. Result: just bought, and then... peak.
3. The Legendary Early Seller Sells at a 10% increase, then sits regretting when it goes up 5 times.
4. The Immortal Diamond Hands Even when a coin has gained 300%, they still won't sell because “it will go higher.” Then they watch the chart return to its original price.
5. The All-In Believer Doesn't care about capital allocation, just sees a hot coin and puts everything in. "If I don't win, I lose everything!"
6. The Trader Remembering Winter Uptrend but keeps complaining: "This price is too high, I'll wait for a drop" — and waits... all season long.
7. The Meme Coin Fan Doesn't care what the project does, just needs to be cute and trending to buy. "Lambo to the moon!"
8. The Chart Analysis Expert Draws trendlines, RSI, MACD, Fibonacci like an artist, but still buys at the peak and sells at the bottom.
9. The Professional Shiller Posts 20 times a day calling for “Join the VIP group,” “This coin is about to x10,” and... disappears when the price drops by 5.
10. The Lucky Player Invests in a coin randomly but hits a x100 jackpot. The whole group is both envious and resentful.
Conclusion: In an uptrend, everyone has their own way of playing; the important thing is not to become the “last player” when the music stops. Keep a cool head, a healthy wallet, and a full stomach. 😄
Which number do you see yourself as? Comment below!
#PowellRemarks Binance Reaches 1-Year High in Market Share, According to The Block - What is Driving the Surge? In a quieter crypto market, Binance not only maintains its position but also strengthens its dominance, with spot market share reaching a 12-month high. According to The Block's Market Share Tracker, this achievement is a testament to the deep loyalty of users and Binance's reputation as a reliable and resilient platform.
#CryptoStocks Russia reports that 70% of cryptocurrency miners have yet to register despite new laws Russia's cryptocurrency laws have not persuaded most mining businesses to register with the authorities, as only 30% of miners have registered with the Federal Tax Service since the end of 2024. The Russian government began enforcing two bills related to cryptocurrency mining in October and November 2024, introducing legal definitions and registration requirements for mining businesses.
$ETH In the last 2 hours, the #Bitrue hacker has collected 5,917.82 $ETH worth 16.34 million dollars at a rate of 2,762 dollars per $ETH . Subsequently, the hacker transferred 11,029 $ETH , valued at 30.29 million dollars, through #TornadoCash. Address: 0xafcebc27bf796f8c677df72e4ccd6b9402cda6e7
$BTC Bitcoin Price Bollinger Bands 'failed' risk of ending the uptrend at 112K Key points: BTC price action has been rejected from the upper Bollinger band multiple times since April. The indicator creator now sees the potential for a local uptrend to completely end. Bitcoin bulls are facing difficulties from many directions in June.
#IsraelIranConflict New integrations are now live on #BinanceWallet! Check out the new dApps added: BgscLeaderboard, BugsNFT, Hitdex, Mind Network AgenticWorld, Spectra, Level, Vaultka, Definitive, GT APP, Orderly Omnivault
$ETH Representative Timmons requests SEC to provide documents on the agency's approach to Ethereum Republican Representative William Timmons has requested Chairman of the U.S. Securities and Exchange Commission Paul Atkins to provide documents on how the agency has handled Ether during the chairmanship of Biden, Gary Gensler. Timmons requested Atkins in a letter on Tuesday for "specific documents" regarding the "historical perspective of the SEC on the status" of Ether (ETH), which he argues would help the public and Congress understand the approach of previous leadership.
#CryptoRoundTableRemarks PancakeSwap launches one-click crosschain swaps to simplify DeFi UX Decentralized exchange (DEX) PancakeSwap has launched one-click crosschain swaps using Across Protocol, aiming to address one of the most pressing user experience issues in decentralized finance (DeFi). The integration allows users to swap assets without using complex blockchain bridges or other external third-party infrastructure that complicate the user experience and incur additional fees.
$ETH 💸 3.7 million $BTC "missing" – what happened? Out of a total supply of 21 million BTC, there are 3.7 million BTC that have never moved in at least 5 years! 📌 Including: 🔹 1.1 million BTC of Satoshi that has never moved since 2009 🔹 7,500 BTC lost due to a hard drive containing the private key being discarded 🔹 2,700 BTC sent to a "burn address" – no one can access 🔥 Scarcity is more than you think – keep your wallet safe!
#NasdaqETFUpdate LayerZero will reopen the vote for the proposal to use ZRO as a fee on June 20, and may reduce the required voting condition rate. If the proposal is approved, the fees collected from the protocol will be used to buy back ZRO and burn it. Previously, on December 27, this proposal was not approved.
#TradingTools101 QCP Insights: Bitcoin Stuck In A Tight Range As Volatility Hits Year-Low The implied volatility of Bitcoin has fallen to a year-low as price action remains sluggish in the range of $100,000 to $110,000. Traders are now ramping up bullish bets for September, amid fading short-term drivers.
$BTC Paraguay warns of 'unusual activities' after post declaring BTC as legal currency The office of Paraguay's President Santiago Peña appears to have denied a post on the social media platform X announcing that the country would begin recognizing Bitcoin as legal currency.
#USChinaTradeTalks The price of Bitcoin reflects strength, but can BTC speculators overcome 110K? Key point: The price of Bitcoin rising above 110,000 dollars may be limited by the correlation of BTC with stocks and concerns about an economic recession in the U.S.
$BTC $BTC Whales have initiated high-leverage short positions $BTC on #HyperLiquid, betting on a decline: Whale 1: Opened a 40x leveraged short position worth 65 million USD, building on a previous profit of 7.58 million USD. Whale 2: Opened a 35x leveraged short position worth 43 million USD. https://hyperdash.info/trader/0x5d2f4460ac3514ada79f5d9838916e508ab39bb7 https://hyperdash.info/trader/0xe4d1fa7e6141f9131345117bdb8b5701bca67662
$BTC The whale unexpectedly woke up after 2 years of hibernation and withdrew an additional 250 BTC ($26.37 million) to the wallet at an average price of $105,480 this morning. Two years ago, this whale withdrew 500 BTC ($13.7 million) at an average price of $27,401 and is currently profiting $39 million. Currently, the whale is holding 750 BTC.
#SouthKoreaCryptoPolicy $BNB Open Loot (OL) Now Featured on Binance Alpha! Eligible users on Binance with a minimum of 233 Binance Alpha Points can request an airdrop of 1,836 OL tokens through the Alpha Event page, with trading starting on June 8, 2025, at 6:00 UTC. Are you eligible? Share your thoughts below 👇