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Lightec’s zkBTC Bridge Enables Trustless Bitcoin-to-Ethereum Transfers Using Zero-Knowledge Proofs

22:28 21-07-2025 （9 hours ago）

Lightec has launched the zkBTC Bridge, a pioneering solution leveraging zero-knowledge proofs to facilitate secure, trustless transfers of Bitcoin to the Ethereum network. This innovation significantly enhances cross-chain interoperability and unlocks new utility for Bitcoin within decentralized finance ecosystems. The bridge is the industry's first to utilize full zero-knowledge proof verification for Bitcoin-to-Ethereum transfers, eliminating dependence on centralized validators or...

Bitcoin Price Breaks Key $117,000 Support, Highlighting Market Volatility

23:06 20-07-2025 （1 day ago）

Bitcoin experienced a significant market downturn, dropping below the psychologically significant $117,000 price point previously serving as a key support level. This breach triggered heightened selling pressure among traders, signaling potential near-term bearish momentum and underscoring the inherent volatility within the cryptocurrency asset class. The breakdown of the crucial $117,000 support zone represents a notable technical development for traders, altering...

Pudgy Penguins Faces Capital Flight Amid Shifting NFT Investor Sentiment

06:47 22-07-2025 （50 minutes ago）

Pudgy Penguins (PENGU) is experiencing significant capital outflows as investors pivot toward both established NFT collections like CryptoPunks and emerging projects such as ANIME and DOOD. This strategic shift reflects changing market priorities favoring historically significant and disruptive NFT offerings over algorithmic trends. Heightened attention toward high-quality NFTs coincides with Ethereum's NFT Torch event and a record $8.5 million CryptoPunks...

Crypto News Outlet Urges Notification Setup for Bitcoin Coverage Updates

20:25 21-07-2025 （11 hours ago）

Cryptocurrency news readers are being reminded to enable notifications through Twitter and Telegram channels to receive the latest market developments. The platform emphasizes delivering immediate access to breaking Bitcoin news alongside analytical insights and timely market assessments. The coverage comes with a standard industry disclaimer clarifying that all provided information serves purely informational purposes. Content producers reinforce that their materials...

FTX Seeks Delay in $470 Million Foreign Debt Repayment Amid Regulatory Hurdles

21:15 21-07-2025 （10 hours ago）

Bankrupt cryptocurrency exchange FTX has requested a deferral of approximately $470 million in foreign debt repayments, citing significant legal and regulatory obstacles. The motion faces strong opposition with over 90 creditor objections, including $380 million linked to claimants in China where cryptocurrency transactions face strict prohibitions. Cross-border payments remain entangled in complex jurisdictional conflicts, with diverse regulatory frameworks increasing risks...

UK Treasury Contemplates $7B Bitcoin Seizure Sale Amid Legal and Operational Hurdles

03:47 21-07-2025 （1 day ago）

The UK Treasury is exploring plans to sell 61,000 Bitcoin seized from a Chinese Ponzi scheme, currently valued over $7 billion following cryptocurrency market gains, to address budget gaps. However, the potential sale faces significant delays due to ongoing legal disputes involving claims by Chinese authorities and victims of the original fraud. The seized assets are managed by the Crown...

Bitcoin Market Dominance Declines, Signaling Potential Shift Towards Altcoins

12:18 20-07-2025 （2 days ago）

Bitcoin's long-standing market position shows signs of weakening as its dominance metric (BTC.D) has fallen to approximately 61.15%. This marks the eighth consecutive day of decline for the indicator, which tracks Bitcoin's share of the total cryptocurrency market capitalization. Market analysts interpret the persistent drop as a potential signal that investor interest could be shifting away from Bitcoin and towards...

Ripple Pursues U.S. Bank Charter and IPO Amid Uncertain Impact on XRP Market

04:53 21-07-2025 （1 day ago）

Ripple's bid to obtain a U.S. national bank license could enable the company to issue a regulated stablecoin, RLUSD, designed to enhance institutional trust and expand XRP's utility. This strategic move aims to solidify Ripple's position in compliant financial solutions while potentially broadening XRP's market integration. Concurrently, rumors suggest Ripple may pursue an initial public offering, which could decouple the...

JPMorgan Explores Bitcoin and Ethereum Backed Loans in Major Policy Shift

04:47 22-07-2025 （3 hours ago）

JPMorgan Chase is evaluating the introduction of cash loans collateralized directly by Bitcoin and Ethereum, signaling a notable departure from its historical preference for indirect cryptocurrency exposure via exchange-traded funds (ETFs). This potential move targets institutional clients' growing demand for liquidity solutions through digital assets and could prompt competing banks to reassess their cryptocurrency lending policies. The exploration marks a...

WLFI Token Unlock Sparks Governance Concerns Amid Concentrated Ownership

09:29 19-07-2025 （3 days ago）

WLFI governance tokens have transitioned from non-transferable status to fully tradable assets, potentially boosting user engagement and funding opportunities for the project. Despite reduced holdings from previous levels, the Trump family retains a dominant 40% stake in WLFI tokens, exerting substantial influence over governance decisions. Major investors including Justin Sun and Aqua 1 Foundation also control significant portions of the...

UK Faces Criticism Over Planned $6.7 Billion Bitcoin Sale Amid Deficit Concerns

09:54 20-07-2025 （2 days ago）

The UK government faces significant criticism for its plan to sell nearly £5 billion ($6.7 billion) worth of Bitcoin seized from criminal activity, a move intended to address budget deficits approaching £20 billion. Treasury and Home Office officials are advancing the liquidation of the confiscated assets. Cryptocurrency advocates and opposition figures have strongly condemned the proposed sale timing. Reform Party...

Ethereum Surpasses Vanguard Group in Market Capitalization Amid Mainstream Finance Integration

15:54 20-07-2025 （2 days ago）

Ethereum has achieved a significant milestone by exceeding the market capitalization of Vanguard Group, one of the largest asset management firms globally. This market cap breakthrough underscores Ethereum's accelerating integration into mainstream financial systems. The milestone highlights growing institutional confidence in Ethereum's technological framework, driven primarily by its smart contract functionality and decentralized finance applications. These capabilities position Ethereum as...