B² Network and Merlin Chain have reached a strategic partnership

Odaily News B² Network and Merlin Chain have reached a strategic partnership, and the two parties will jointly promote the security and liquidity of the BTC ecosystem. This cooperation will give full play to the advantages of both parties. Merlin Chain will integrate B² Network's DA Layer (data availability layer) - B² Hub, and improve the security of BTC Layer2 through B² Hub. At the same time, mBTC and solvBTC on Merlin Chain can be bridged to the B² network, thereby enhancing the liquidity of the BTC Layer2 ecosystem. B² Hub is the Bitcoin data availability layer launched by B² Network. It combines the Bitcoin mainnet for settlement to ensure that the security of BTC Layer 2 is consistent with that of the Bitcoin mainnet. Merlin is the first ZK Rollup to use B² Hub. In the future, B² Hub will accept more types of Bitcoin Layer 2 solution integrations and share liquidity with the entire BTC ecosystem. This cooperation will greatly enhance the security and liquidity of the Bitcoin ecosystem and help the prosperity and development of the Bitcoin Layer2 ecosystem.
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Interactive Brokers Launches Ethereum Staking Service Powered by ZeroHash
Odaily News: According to market reports, Interactive Brokers has launched an Ethereum staking service powered by ZeroHash.
CME CEO Questions CFTC's Authority Over Prediction Markets, Says Dispute May Reach Supreme Court
Odaily News: CME Group CEO Terrence Duffy stated that the U.S. Commodity Futures Trading Commission's (CFTC) attempt to expand its regulatory authority over prediction markets is "a bit of a stretch," and that the related regulatory dispute could ultimately reach the U.S. Supreme Court.Speaking at the DC Fintech Week event on Tuesday, Duffy said the battle over prediction market regulation could evolve into a legal showdown among state governments, tribal governments, and the federal government. "This is going to the Supreme Court, and I think the states and the tribes will prevail," he said. (The Block)
Trader Killa: Bitcoin's Short-Term Choppy Action May Be a "Liquidation Game," Next Key Level to Watch Is $75,500
Odaily reports: Trader Killa says that for Bitcoin (BTC) to replicate its 2023 price action, it needs to form a higher low (HL) above $75,500 and ideally hold the low near $80,000.After Bitcoin recently reclaimed its short-term structure around the $82,000 zone, it pulled back to test and broke through again, with short-term price action showing strong characteristics of "bull traps and bear traps." When BTC previously fell from $84,100 to $81,000, the structure appeared weak, but a large number of shorts entering at the lows fueled the subsequent rebound.Killa noted that during the drop from $84,100 to $81,000, long liquidations totaled approximately $300 million, while during the earlier decline from $86,800 to $80,600, long liquidations exceeded $2 billion, indicating that the market's leverage structure is improving and the proportion of longs has declined compared to before. The market now needs to form a higher low and initiate the next leg up; otherwise, this correction could break below $80,000.
US mega-cap cloud providers rally collectively, Microsoft stock hits another record high
Odaily reports that according to MSX.COM data, US mega-cap cloud providers including Microsoft and Google rallied collectively. Google-A shares rose 1.07% to $356.510 per share, with a total market capitalization of $4.36 trillion.Microsoft shares rose 1.6% to $549.795 per share, hitting another record high, with a total market capitalization of $4.08 trillion. Amazon shares rose 0.93% to $261.950 per share, with a total market capitalization of $2.83 trillion.
Apple's total market cap reaches $5.06 trillion, setting a new all-time high
According to MSX.COM data, Apple's stock price rose 1.74% in early trading to $346.892 per share, with a total market cap of $5.06 trillion, setting a new all-time high.
Today, U.S. Bitcoin ETFs saw a net outflow of 788 BTC, and Ethereum ETFs saw a net outflow of 29,926 ETH
According to Lookonchain monitoring, today U.S. Bitcoin ETFs saw a net outflow of 788 BTC, with a 7-day net outflow of 8,267 BTC; Ethereum ETFs saw a net outflow of 29,926 ETH, with a 7-day net outflow of 217,087 ETH.
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