We’re back again with the eighth installment of “What’s Up Bitcoin,” a series to keep our followers up-to-date with the highlights of what’s happening in the Bitcoin DeFi (#BTCfi) ecosystem over the past few weeks! 🦾🧵👇
Bitcoin DeFi Ecosystem Updates with Bitcoin Ecosystem
As always, the best place to start is with a quick overview from our friends at Bitcoin Ecosystem.
Bitcoin Ecosystem reported that BTC deposits on BTCfi is up 30% in 2024 – bringing the total number of BTC locked as high as 302,000 💪💪
The guys at Bitcoin Ecosystem are always legendary with their reports, and their wrapup of 2024 is certainly not something to be missed – especially if you’re trying to catch up with BTCfi for 2025 🔥
BitLayer Unveils Finality Bridge
@BitLayerLabs unveiled the Finality Bridge, allowing users to easily mint YBTC by depositing BTC with minimal trust assumptions! 🌁
Now, you can get straight to the L2 and dive straight into their DeFi integrations 🥳
B² Network Brings AI Agents to BTCfi
B² Network is bringing the AI Agent ecosystem to BTCfi with ElizaOS in an attempt to bring AI-powered trading, analytics, smart risk management, and a whole lot more!
B² Network has always been a first-mover and innovator in the space 🧠
Rootstock Showcases Permisionless BTC Bridge
Our friends at Rootstock Labs also unveiled their crypto bridge, making it even easier to onboard into the Rootstock BTCfi world. Best of all, it’s utterly permissionless bridging, all thanks to cryptographic proofs. 🌉
Find out more about how it works here;
Build on Bitcoin Shares Where BTCfi is Heading in 2025
Our partners at Build on Bitcoin released a blog to outline where they think BTCfi is heading in 2025. 🧠🤯
Among covering the growing appetite for Bitcoin DeFi, BOB outlines how there’s 100x opportunity coming for those closely following the bubbling ecosystem 👀so, you definitely don’t want to miss this one;
BEVM Brings AI to BTCfi With BitAgere
Our partners at BEVM are also bringing the AI world to BTCfi through BitAgere! 🧪🚀
This is a powerful write-up covering everything you need to know about Bitcoin’s challenges when integrating AI. It’s a must-read if you love BTC like we do and are fascinated by AI 👇
CoreDAO Turns 2 Years Old
Last but definitely not least, we must congratulate @Coredao_Org for celebrating their 2nd birthday!
This is a HUGE milestone as pioneers in the BTCfi space continue to grow stronger each year!
Congratulations to Core DAO ❤️🥳🎁
About Persistence One
Persistence One is building the BTCFi Liquidity Hub, enabling fast, near zero-slippage swaps for XPRT, BTC-variants, and BTCfi tokens on Persistence DEX.
BTCFi’s rapid growth has created multiple BTC-related assets, making fragmentation a big challenge. Persistence One will provide a single liquidity hub, simplifying value transfer across the Bitcoin ecosystem.
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