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Bitlayer is a Layer 2 solution designed to enhance the utility of Bitcoin without compromising its security. Its goal is to enable the execution of decentralized applications (dApps) and smart contracts on the Bitcoin blockchain, utilizing advanced technology such as BitVM and Zero-Knowledge Proofs (ZK)   .
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How does it work? • BitVM (Bitcoin Virtual Machine): Acts as an optimistic virtual machine that allows for the execution of complex smart contracts off-chain and verifies them securely on the base chain   . • Layer 2 Infrastructure: Bitlayer groups transactions into rollups that are validated on Bitcoin, ensuring the final immutability of the data  . • ZK Proofs and modular security: Combines BitVM with zero-knowledge proofs (ZK), and uses separate virtual machines for contract execution and proof generation, supported by technology such as Taproot, FRI, and OP-DLC for reliable cross-chain bridges    .
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Applications and ecosystem • DeFi on Bitcoin (“Bitcoin as a financial flow”): Allows Bitcoin to no longer just be held as a store of value, but to be actively used as liquidity, for payments, loans, trading, and more, using a convertible token called YBTC  . • Robust ecosystem: Features more than 100 dApps, with high Total Value Locked (TVL) positioning it as the second most active Bitcoin Layer 2 chain, only behind Merlin . • BitVM Bridge: Facilitator of hard interoperability between Bitcoin and EVM-compatible networks (such as Base, Arbitrum, Starknet, Plume Network, and Sonic), without compromising security or requiring centralized trust  . • Support from miners: Groups like Antpool, F2Pool, and SpiderPool have enabled the use of BitVM scripts in blocks, covering about ~31.5% of Bitcoin's hashrate — driving both development and revenue for miners 
* Ethereum overtakes MasterCard to become the 22nd largest asset in the world by market capitalization.
* According to Bloomberg, World Liberty Financial, backed by the Trump family, plans to establish a publicly traded company to store its WLFI tokens.
* Bukele BULLISH on Bitcoin:
"There are more than 50 MILLION millionaires in the world, imagine when they decide to buy BTC."
"A BRUTAL increase in its price is just a matter of Time."
* According to a report filed with the SEC, as of June 30, Harvard Management Company, on behalf of Harvard University, opened a new position of 1,906,000 shares of IBIT.
* Bo Hines, Executive Director of Digital Assets at Trump, submitted his RESIGNATION.
An unexpected change in the team leading the White House crypto agenda.
* Searches for the term ALTCOINS on Google are projected to break their ALL-TIME HIGH.
* According to Arkham, the publicly revealed on-chain assets of Ethereum co-founder Vitalik Buterin have surpassed 1.02 billion dollars.
* On August 8, spot Bitcoin ETFs recorded a total net inflow of $404 million.
* Spot Ethereum ETFs recorded a total net inflow of $461 million.
* According to EmberCN, since July 10, more than 1.035 billion ETH (4.167 billion dollars) have been accumulated by whales or institutions.
* Bitcoin has managed to be CATALOGED as one of the greatest technological disruptions of the last 1000 YEARS according to BANK OF AMERICA. $ETH $BTC $SOL
* The president of the SEC encourages everyone to SELF-CUSTODY the Bitcoin and cryptocurrencies they hold.
A SURPRISING statement that supports the original spirit of decentralization.
* Visa and Mastercard stated that the current use of stablecoins remains insignificant and insufficient to challenge their dominant position in the payment market.
* BitMEX co-founder Arthur Hayes stated that the U.S. tariff bill expires in the third quarter.
* Eric Trump recommends 'BUYING the dips of Bitcoin and Ethereum'.
The presidential family publicly supports the crypto market again.
* Alex Rampell, partner at a16z, warns that while 'Operation Chokepoint 2.0' has ended, major U.S. banks are pushing a new 'Operation Chokepoint 3.0'.
* Crypto ETFs had their BEST MONTH in HISTORY in JULY.
$12.8 BILLION flowed in… at a rate of $600M daily.
* On August 1, spot Bitcoin ETFs recorded a total net outflow of $812 million, the second-largest daily outflow in history.
* Spot Ethereum ETFs also experienced a total net outflow of $152 million.
* Gate Group has officially launched the Gate US trading platform, which now offers spot cryptocurrency trading services to users in 23 U.S. states.
* Sonic Labs launches the first CLOB airdrop, allowing users to exchange the acquired portion of their allocation as fNFT ERC 1155.
DO YOU WANT TO KNOW THE REAL REASON FOR THE FALL????
Because this is not a healthy correction, it needed time to fall to 112000 to $BTC for it to be a healthy correction!!
The President of the United States, Donald #TRUMP ordered the deployment of two nuclear submarines in response to what can be interpreted as a threat from former Russian President and current Vice Chairman of the Security Council of Russia, Dmitry Medvedev.
The latter had written on July 28 on his X account: "Trump is playing ultimatum with Russia: 50 days or 10… He should remember two things: 1) Russia is not Israel or even Iran. 2) Every new ultimatum is a threat and a step towards war. Not between Russia and Ukraine, but with his own country. Don’t follow the path of Sleepy Joe!"
And this is where the whales take advantage of headlines to push down the price and accumulate lower. Something we all know but new people get overly scared and sell in panic!!! Don’t be afraid!!! Unless you have garbage tokens 😁😁😁😁 $SOL $BNB
Three days ago I put together the analysis!!! And now what are you going to do??? If you're going to be scared when it's time to buy, you're in the wrong place!!! If it losses, it losses with fundamentals! Hahaha stop loss and sleep peacefully!
Price predictions as of 30/7: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, XLM, SUI
The tight consolidation of Bitcoin just below USD 120,000 suggests that bulls are holding their positions while anticipating a spike in volatility.
Price predictions as of 30/7: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, XLM, SUI PRICE ANALYSIS Key points: Bitcoin continues to be stuck in a narrow range, suggesting that a breakout could occur at any moment. The FOMC minutes and the Federal Reserve's interest rate decision could set the tone for the next steps in cryptocurrencies.
To those who were able to enter with my analysis yesterday of $ETH , set the stop loss a little above the entry price to protect and then let it run!!! Remember that the important thing is not to lose!!!! I also opened a long at $BTC #ETH🔥🔥🔥🔥 #bitcoin
Jinx_Informa
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My analysis for futures of $ETH #ETH🔥🔥🔥🔥🔥🔥 for this week!!!
Bro 60x without a foundation is way too much, many will tell you analysis etc., but believe me when someone who knows leverages with max 50x it's because they have knowledge of a fundamental.
Tomi 13
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#solana
Future trading is just gambling. I lost a lot of money with a highly stressful and headache. No sleep at day and night but no drop. All goes opposite of my position always. So everyone be careful, be wise, and be smart to no loss.
Important week! Here’s what’s going to happen so you know whether to sell or buy more!!!
Good morning!!!
* The week that many consider the MOST IMPORTANT of the year has begun.
Tuesday: - Consumer confidence from The Conference Board. A growth of 95.9 is expected, previously 93. - JOLTS job openings survey. 7.490M is expected, previously 7.769M.
Wednesday: - ADP non-farm employment change. 82K is expected, previously -33K. - Q2 GDP. A growth of 2.4% is expected, previously -0.5%. - Rate decision and press conference with Powell. The interest rate is expected to remain unchanged.