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Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain
Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain

The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.

Coindesk·2023/11/16 08:00#Sushi#SushiSwap
  • 08:47
    BRC-20 sector sees a general increase, with MUBI rising by 23.9% in the past 24 hours
    Data shows that as of now, the market value of BRC-20 has risen to 3.95 billion US dollars, an increase of 8.7%. In addition, in the past 24 hours, the global trading volume of MBRC-20 reached 1.24 billion US dollars. Among them: ORDI rose by 15.6% in the past 24 hours and by 36.5% in the past 7 days; SATS rose by 20.8% in the past 24 hours and by 53% in the past week; MUBI increased by 23.9% in the last day and by 48.7% over a week; ORDS went up by 5.7% in the last day and increased by19 .3 % over seven days; TRAC increased by7 .6 %inthe lastdayandby72 %.
  • 08:46
    Bitcoin is only about 6.16% away from its all-time high according to historical data
    On March 4th, the hot market for Bitcoin continues. With Bitcoin currently priced at $65,000, it only needs to rise by about 6.16% to break through its historical high of $69,000.
  • 08:45
    Founder of Blueport Interactive: Bitcoin may only experience its first real pullback when it reaches 90,000 to 100,000
    Founder of Blue Harbour Interactive, Wang Feng, shared his views on the Bitcoin market in X. Specifically: Bitcoin quickly broke through the previous high of the last bull market.After Bitcoin reaches 90,000-100,000, it may be the first real pullback point (there will not be a major pullback at present), then it will pull back to 60,000-80,000 before gathering strength and taking off again to surpass 120,000.The halving of Bitcoin is positive. There are definitely short-selling sentiments. The strong rise of ETF Bitcoin at present may offset this and may be negligible.By this time next year, it might be difficult to see Bitcoin below 100,000. Similarly, it might also be difficult to see Ethereum below 10,000 by then.The recent surge stimulated by spot ETFs for Bitcoin has just awakened the traditional overall cryptocurrency market from the cold winter of the market but has not yet pushed the cryptocurrency market into a greedy stage.