🚀 BTC Hits $77K! Whales Keep Buying – What’s Next?

This week in DeFi: Bitcoin reaches an all-time high near $77K, Telegram moves closer to being a WeChat-like app, DEGEN L3 faces issues with rollup control, and more!

Author

Albert MC2Fi
April 10, 2025

Hey DeFi Pioneers,

This week in DeFi: Bitcoin reaches an all-time high near $77K, Telegram moves closer to being a WeChat-like app, DEGEN L3 faces issues with rollup control, and more!

Check out the full scoop below! 🔍 ⬇️

🔥 What's Hot in DeFi

Sources: Cointelegraph

BTC Hits $77K Amid Long Squeeze Fears

Nov 8 (Cointelegraph) — Bitcoin has reached a new all-time high near $77,000, raising concerns about a potential long squeeze in the crypto market.

Could this price rally be sustainable amidst high volatility?

Sources: Cointelegraph

Telegram Eyes WeChat-Like Super App Status

Nov 8 (Cointelegraph) — Bitget CEO sees Telegram evolving into a WeChat-style super app.

Could Telegram become the next global all-in-one app?

Sources: Theblock

DEGEN L3 Faces Key Management Hurdle

Nov 7 (The Block) — DEGEN L3 faces challenges as it is unable to switch Rollup-as-a-Service providers due to key custody issues.

Lesson for others?

Sources: CoinDesk

Coinbase Adds Bitcoin to Solana, Boosting DeFi Hopes

Nov 8 (CoinDesk) — Coinbase integrates Bitcoin with Solana, sparking DeFi optimism.

Could Solana become the next DeFi hub?

Sources: Cryptonews

Fake Curve Finance App Returns to App Store

Nov 8 (Cryptonews) — Fake Curve Finance app is back on the App Store, raising security concerns.

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📊 Numbers Don’t Lie

Source: CryptoRank, Nov 8, 2024

Bitcoin trades above $75K. The top-10 cryptos are in the green:

  • $ADA +14.47%

  • $SOL +5.62%

  • $ETH +2.98%

📉 Top Gainers

  • Drift Protocol ($DRIFT) +86.4%

  • Department Of Government Efficiency ($DOGE) +80.9%

  • SubQuery ($SQT) +77.3%

  • Metacade ($MCADE) +76.7%

  • Effective Accelerationism ($EACC) +75.8%

⚠️ The market’s heating up—what's your next move?

🐳 Whale Watching

Nov 8 (Lookonchain) — Whales continue to accumulate $BTC!

Another 10 fresh wallets withdrew 1,910 $BTC ($145M) from Binance in the past 24 hours.

⚠️ Could this signal a new phase in the accumulation trend?

Sources: Lookonchain

🙋 Catch Up With Us

Ready for the highlight reel?

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And that's a wrap, folks! Remember, in the world of crypto, fortune favors the bold (and the well-informed). So keep your eyes peeled, your wallets ready, and give our MC² Token Page a try.

Stay curious, stay savvy, and we'll see you next week for another round of DeFi madness!

Cheerio from your favorite team,

MC² Finance Crew

P.S. If you enjoyed this newsletter, share it faster than a viral meme! Your crypto-curious friends will thank you.