Crypto界 News: According to Arkham monitoring, approximately four hours ago, the Bhutan government address transferred out 175 BTC, valued at $11.85 million. The last such operation occurred a month ago, when $7 million worth of BTC was sold through QCP Capital.

Your Bitcoin doesn’t have to sit idle in cold storage. With tokenized $BTC entering new ecosystems, holders can keep exposure to BTC while earning additional yield. One example is cbBTC, a tokenized version of Bitcoin issued by Coinbase. It brings Bitcoin liquidity into DeFi environments like $TON On STONfi, BTC holders can use cbBTC to participate in DeFi strategies while still maintaining exposure to Bitcoin’s price. How the cbBTC strategy works on STONfi: Earn trading fees Provide liquidity in pools such as cbBTC/TON and earn a share of the swap fees generated by users trading on the platform. Simpler ecosystem access Tokenized BTC allows users to move between Bitcoin and ecosystem tokens more easily within the network. Transparent backing cbBTC reserves are managed by Coinbase and can be verified on chain, adding an additional layer of transparency. Instead of simply holding Bitcoin, tokenized BTC lets users put their assets to work inside DeFi, combining long term exposure with potential yield opportunities. For many DeFi users, this is the bridge between the largest crypto asset and fast growing blockchain ecosystems. #Bitcoin #cbBTC #STONfi #TON #DeFi #YieldFarming

#BTC weekly candle close like gravestone doji and appearing in downtrend means the market is exhausted and a possible #shift from #bullish to #bearish market sentiment. Price is now at a support zone, minorly retracing still consolidating in the middle. Wait would be better here. #crypto