$BTC is limping into the weekend around $78,000 — stuck in no-man's land between $77,000 support and $80,000 resistance after getting slapped back from an $81,000+ high on Aug. 28. Neither bulls nor bears have closed the argument yet.
A confirmed break below $77,000 opens the door to the mid-$75,000s. Flip $80,000 back, and the Aug. 28 high near $81,300 — plus the $82,000–$83,000 zone beyond it — comes back into view. For now, BTC is doing its best impression of a coin that can't make up its mind.
🌐 #LayerZero to Launch Blockchain-Based Exchange This Fall
#LayerZero has announced plans to launch a blockchain-based exchange this fall, marking a significant expansion beyond its core interoperability infrastructure.
No further details on the exchange's structure, supported assets, or underlying chain were disclosed in the announcement.
#LayerZero is best known as a cross-chain messaging protocol widely used across DeFi applications. The move into exchange infrastructure signals a broader ambition within its ecosystem.
💎 $BTC is back above $81,000 for the first time since May
Bitcoin crossed $81,000 twice this week and most of you called it. But the market didn't stop at Bitcoin.
● $SOL is trading above $106 for the first time since February ● crossed Gold $4,600 - up 14% since our last Gold post ● $LIT and $HYPE hit new all-time highs ● $ENA is up more than 100% over the past month
🟠 $BTC rebounds to $80K in its strongest rally in three years
Bitcoin returned to $80,000 this week, posting its strongest rally in over three years, though traders were unable to sustain momentum above $82,000.
Federal Reserve Chair Kevin Warsh applied pressure on risk assets with hawkish commentary, weighing on broader crypto markets. Meanwhile, a Solana ETF crossed $1 billion in assets, marking a significant milestone for altcoin-based exchange-traded products in the U.S.
The week's moves came against a backdrop of ongoing macro uncertainty, with Fed policy remaining a key variable for crypto price action heading into the next quarter.
An attacker hit Avici, a Solana-based neobank, draining over $1 million from user card balances in an ongoing attack. The malicious wallet held 10,005 SOL at time of reporting — and was still pulling funds. Avici's response? A vague acknowledgment of "an issue affecting card balance withdrawals," issued nearly two hours after the first drain transaction. Not exactly a rapid-response gold standard.