Welcome to CoinFeedPro
Latest crypto news from key platforms. All
in one place.
Bitcoin has been celebrated as digital gold and a secure store of value with limited functionality, but Solana’s high-speed, low-cost blockchain is changing that narrative. By bridging BTC into SOL’s DeFi ecosystem, BTC gains instant settlement, programmable use cases, and access to lending, borrowing, and yield opportunities. The best form of Bitcoin is literally on Solana, citing the network’s ability to transform BTC from a static store of value into a dynamic, productive asset. Solana Sensei, the Founder of Sensei holdings and Namaste group, has highlighted on X that 66% of all wrapped Bitcoin (wBTC) traders are on the Solana network. He supports this claim with the reasons why people are choosing to hold and use their BTC on SOL. Why Solana’s Speed And Low Fees Change The Game Solana is extremely cheap in transactions, a stark contrast to the $5 to $50+ fees often seen on the Bitcoin or Ethereum networks for the same move. With transaction finality in approximately 400 milliseconds, BTC transfers on SOL become nearly instant, compared to the minutes or hours of waiting on other chains. SOL’s capacity to process 65,000 TPS allows it to handle BTC at an internet-scale without network congestion. Related Reading: Mike Novogratz Backs Solana As The Blockchain Of Choice For Financial Markets – Here’s Why Furthermore, Bitcoin becomes a programmable asset with deep integration into DeFi protocols like Jupiter, Raydium, Orca, Drift, and Kamino, enabling instant trading, lending, and use as collateral. Also, BTC becomes programmable in SOL DeFi, NFT, and RWAs, without the need for bridges across multiple chains. This integration transforms BTC into a dynamic, productive asset that can be used for lending, staking, and liquidity provision or structural products in ways that are not possible on the native BTC chain. BTC custody solutions, such as tBTC, sBTC, or the Wormhole BTC, combined with SOL’s high validator count and Jito MEV protection, are making it secure to use BTC on the network. Bitcoin on SOL pairs with USDC and USD1, which are the stablecoins that dominate settlement volume across all chains. With products like the SOL Mobile Saga and Seeker, there are instant BTC swaps and BTC payments on mobile. As the focus on SOL increases, the network is becoming a hub for ETFs and RWAs, with institutional flows ramping up. Meanwhile, Wrapped BTC on SOL will be directly plugged into that liquidity. Earning Native Bitcoin on Solana Through mSOL Analyst CPrinz, the on-chain Researcher, has revealed a new partnership between Marinade, SOL’s leading staking platform with 10 million and $1.7 billion in total value locked, and Zeus Network. Related Reading: Solana DATs Will Outpace Bitcoin, Says Multicoin Capital Co-Founder Specifically, the collaboration is designed to expand the utility of Marinade liquid staked SOL token, mSOL, by enabling users to earn native BTC on the SOL blockchain. Also, this partnership unlocks new opportunities across DeFi, marking a major step forward for cross-chain innovation. Featured image from Unsplash, chart from Tradingview.com
Bitcoin Falls Below $113,000, But This Indicator Says It’s Time To Buy
Bitcoin has slipped under the $113,000 level during the past day, but an analyst has pointed out how a technical indicator could suggest this is a buying opportunity. TD Sequential Has Just Given A Buy Signal For Bitcoin In a new post on X, analyst Ali Martinez has talked about how the Tom Demark (TD) Sequential has just formed a signal for Bitcoin on its 4-hour price chart. The TD Sequential is an indicator from technical analysis (TA) that’s used for locating potential points of reversal in an asset’s price. Related Reading: Dogecoin Ready To Bark Again? Analyst Sees Path To $0.45 The indicator involves two phases. In the first of these, known as the setup, it counts candles of the same color up to nine. Once the ninth candle is in, it gives a turnaround signal for the asset. Naturally, the signal is a buy one if the preceding candles were red and a sell one if they were green. As soon as the setup is over, the second phase, called the countdown, kicks off. The countdown works much like the setup, with the key difference being that the indicator counts up thirteen candles here, not nine. Following these thirteen candles, the price trend is considered to have reached exhaustion once more. In other words, the asset may have reached another top or bottom. Bitcoin has completed a TD Sequential phase of the first type recently. Below is the chart shared by Martinez that shows the signal forming in BTC’s 4-hour price. From the graph, it’s visible that the TD Sequential has completed this setup with nine red candles, which implies Bitcoin may have arrived at some sort of bottom. The signal has come as the cryptocurrency’s price has plummeted and retraced its recent recovery. It now remains to be seen whether the buy setup will hold, or if there is more decline coming for the asset. Related Reading: Bitcoin Cash (BCH) Plunges 6.7% As Social Media Shows Overhype In another X post, the analyst has talked about a potential pattern forming for Bitcoin that could also point to a bullish outcome. As displayed in the above chart, Bitcoin’s 4-hour price has potentially been following an inverse head-and-shoulders. This pattern appears whenever an asset’s price registers a low (called the head) between two higher lows (the shoulders). BTC has formed the left shoulder and head so far, with the right shoulder possibly brewing with the price crash. In the scenario that the right shoulder does get confirmed, a bullish breakout may follow for the cryptocurrency, since an inverse head-and-shoulders is generally considered to be a bullish reversal pattern. BTC Price At the time of writing, Bitcoin is trading around $112,300, down over 2.5% in the last 24 hours. Featured image from Dall-E, charts from TradingView.com
Bitcoin Falls Below $113,000, But This Indicator Says It’s Time To Buy
Bitcoin has slipped under the $113,000 level during the past day, but an analyst has pointed out how a technical indicator could suggest this is a buying opportunity. TD Sequential Has Just Given A Buy Signal For Bitcoin In a new post on X, analyst Ali Martinez has talked about how the Tom Demark (TD) Sequential has just formed a signal for Bitcoin on its 4-hour price chart. The TD Sequential is an indicator from technical analysis (TA) that’s used for locating potential points of reversal in an asset’s price. Related Reading: Dogecoin Ready To Bark Again? Analyst Sees Path To $0.45 The indicator involves two phases. In the first of these, known as the setup, it counts candles of the same color up to nine. Once the ninth candle is in, it gives a turnaround signal for the asset. Naturally, the signal is a buy one if the preceding candles were red and a sell one if they were green. As soon as the setup is over, the second phase, called the countdown, kicks off. The countdown works much like the setup, with the key difference being that the indicator counts up thirteen candles here, not nine. Following these thirteen candles, the price trend is considered to have reached exhaustion once more. In other words, the asset may have reached another top or bottom. Bitcoin has completed a TD Sequential phase of the first type recently. Below is the chart shared by Martinez that shows the signal forming in BTC’s 4-hour price. From the graph, it’s visible that the TD Sequential has completed this setup with nine red candles, which implies Bitcoin may have arrived at some sort of bottom. The signal has come as the cryptocurrency’s price has plummeted and retraced its recent recovery. It now remains to be seen whether the buy setup will hold, or if there is more decline coming for the asset. Related Reading: Bitcoin Cash (BCH) Plunges 6.7% As Social Media Shows Overhype In another X post, the analyst has talked about a potential pattern forming for Bitcoin that could also point to a bullish outcome. As displayed in the above chart, Bitcoin’s 4-hour price has potentially been following an inverse head-and-shoulders. This pattern appears whenever an asset’s price registers a low (called the head) between two higher lows (the shoulders). BTC has formed the left shoulder and head so far, with the right shoulder possibly brewing with the price crash. In the scenario that the right shoulder does get confirmed, a bullish breakout may follow for the cryptocurrency, since an inverse head-and-shoulders is generally considered to be a bullish reversal pattern. BTC Price At the time of writing, Bitcoin is trading around $112,300, down over 2.5% in the last 24 hours. Featured image from Dall-E, charts from TradingView.com