Btc

Babylon, developer of the largest BTC staking protocol, is teaming up with Bitcoin developers Fiamma to build a trust-minimized bridge using BitVM2

Since September, the market has absorbed over 1 million bitcoins, while the price has gone from around $60,000 to over $100,000.

Mining stocks including WULF, BTDR, IREN and HUT dropped over 5%, while BTC holder medical devices firm Semler Scientific plunged 10%.

BTC and the S&P 500 seem to be tracking rates volatility, which is rising.

Multiple public companies have announced a bitcoin strategy, but there has been no acquisition yet.

Altcoin majors, including ether and solana, also rose sharply as U.S. markets opened on the first full week after holidays, with the broad-based CoinDesk 20 advancing 3.5% through the day.

The bitcoin miner holds 44,893 BTC on its balance sheet, it said in a production report.

The companies plan to collectively pick up $3 billion worth of bitcoin this year, with MicroStrategy’s targeting the purchases in Q1 2025.

The user held BTC from when it was worth $0.06 all the way up to $90,000.

BTC’s rally has stalled amid hawkish comments from the Fed officials.