What’s Up Bitcoin: Latest Happenings in Bitcoin and BTCFi

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Look who’s back… back again!

We are back with the 10th instalment of “What’s Up Bitcoin”. Your go-to series for the latest Bitcoin Ecosystem highlights from the past few weeks!

Without further ado, let’s get straight into it 👇

Bitcoin Liquid Staking Outlook

Data from our friends at @BitcoinEcoTK report the current landscape of the Bitcoin LST market, which has more than $4B in TVL.

@Lombard_Finance leads this with ~20,140 LBTC, followed by @SolvProtocol

Institutions Coming? 👀

https://twitter.com/BitcoinEcoTK/status/1894734797794340972

Lombard Finance Has Another Big News

Rather than waiting for users to come to the tech, @Lombard_Finance is taking tech where users are 🚀

LBTC is now live on @SuiNetwork!

That’s how you BTCFi. ⚡

https://twitter.com/Lombard_Finance/status/1897651520549867614

Bitcoin Renaissance at ETH Denver

ETH Denver would’ve been incomplete without a Bitcoin-only side event.

Congratulations to @babylonlabs_io for conducting a successful – “Bitcoin Renaissance”.

Those numbers look juicy 🍊👇

https://twitter.com/babylonlabs_io/status/1897635519107887207

Solv Protocol’s Adoption Of The Bitcoin Standard

Something serious is cooking at @SolvProtocol 🍳🔥

They have just announced the adoption of Bitcoin Standard by setting up a protocol-owned Bitcoin reserve 👀👇

https://twitter.com/SolvProtocol/status/1897633268754792768

BOB Shared Its Hybrid L2

The name is BOB 🏗️

@build_on_bob shares its hybrid L2 to capture the best of both worlds – Bitcoin and Ethereum ⚡

BTCFi is heating up with announcements 🚀
Where are you, anon? 👀👇

https://twitter.com/build_on_bob/status/1895144965992575167

Before Wrapping Up, Something Big for All of Us

Bitcoin is making its way into the highest conversations. Some might even call it the “new favourite deal.” 🇺🇸

BTCFi momentum locked in? 👀👇

https://twitter.com/PersistenceOne/status/1900483609376763911

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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