What keeps me interested in Babylon is that Trustless Bitcoin Vaults do not treat a bridge as the default answer to Bitcoin’s limited programmability.
A bridge usually works by moving a representation of BTC to another chain. The original Bitcoin is locked somewhere, then a wrapped version is issued and used inside DeFi. From that point, the user depends on the bridge, the issuer, and the security model behind that representation.
Babylon takes a different route.
With TBV, the native BTC stays i...
🇺🇸🇮🇷 Turns out all the markets needed was for the U.S. to stop bombing Iran for 5 minutes.
The pause sent Brent crude tumbling more than 9% to around $89 a barrel, dragging the dollar down and lifting everyone's mood ahead of a packed week of central bank meetings.
The yen is still scraping 40-year lows against the dollar, the euro held firm around $1.14, and bitcoin sits near $65,000.
Now all eyes turn to the Fed on Wednesday, where traders suddenly see a 1-in-3 chance of a rate hike.
...
$BTC Rejection Confirmed ... Bears Targeting Key Support Levels
Bitcoin has failed to reclaim the recent resistance zone and is now showing signs of weakening momentum. As long as price remains below resistance, the probability of a continuation toward the marked support levels remains high.
Trade Setup
Position: Short
Entry: $65,000 – $65,150
TP1: $64,713
TP2: $64,263
TP3: $63,740
Stop Loss: $65,750
The market is approaching a decisive point. A confirmed rejection from the current zone woul...