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

Multi-day negative Bitcoin funding signals ‘overcrowded’ short trade: Time for a reversal?

Bitcoin’s daily funding rate has been deeply negative for days, reflecting heavy short positioning, but historical data also suggests that a squeeze on bears could be brewing. Read More at https://cointelegraph.com/news/multi-day-negative-bitcoin-funding-signals-overcrowded-short-trade-time-for-a-reversal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

21Shares taps BitGo for expanded regulated staking, custody support across US, Europe

The move strengthens institutional support for 21Shares’ multibillion dollar digital asset investment platform and broadens its regulated staking capabilities. Read More at https://cointelegraph.com/news/bitgo-expands-custody-and-staking-partnership-with-21shares-across-us-and-europe?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound