Bitcoin loses $2.3B in biggest crash since 2021 as capitulation continues: Analyst

Bitcoin has seen record realized losses in one of the cryptocurrency’s largest-ever capitulation events as short-term holders sold at steep losses amid its decline. Read More at https://cointelegraph.com/news/bitcoin-suffers-losses-rivaling-2021-crash-as-capitulation-continues?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin in ‘capitulation zone’ as traders debate when BTC price will bottom

Bitcoin appears trapped within a capitulation zone where long-term holders continue to sell, and bearish onchain metrics hint at further downside. Will a drop to $40,000 mark the final price bottom? Read More at https://cointelegraph.com/news/bitcoin-in-capitulation-zone-as-traders-debate-when-btc-price-will-bottom?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Aptos-incubated Decibel to launch protocol-native stablecoin ahead of mainnet

The dollar-backed token, USDCBL, will serve as collateral for onchain perps, with cash and Treasury reserves generating yield retained within the protocol. Read More at https://cointelegraph.com/news/aptos-incubated-decibel-to-launch-protocol-native-stablecoin-via-stripe-owned-bridge-ahead-of-mainnet?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound