Wrapped Bitcoin Launches on Hedera With BitGo Support

Published at 2025-11-14 14:24:53

Hedera announced the launch of Wrapped Bitcoin (WBTC) on its network in an official update, with BitGo providing custodial support for the underlying BTC. The wrapped token gives BTC holders a way to move value into Hedera-native decentralized finance applications without liquidating their bitcoin, addressing rising demand for cross-chain liquidity solutions.

The integration could expand capital inflows and utility for HBAR by enabling lending, AMMs and yield strategies that accept WBTC. BitGo’s involvement may reassure institutional users by reducing custody friction, though wrapping introduces custody counterparty risk. Overall, the launch reinforces a broader industry trend of bridging major assets onto alternative chains to unlock new DeFi rails and liquidity pools.

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BlackRock CEO Larry Fink conceded his earlier characterization of Bitcoin as an 'asset of fear' was mistaken, as the firm's iShares Bitcoin Trust (IBIT) posted a new record. The admission and the IBIT milestone highlight growing institutional acceptance of BTC.

BlackRockCrypto MarketsIBITBitcoinInstitutional AdoptionLarry Fink

Published at 2025-12-03 19:15:15

Revolut Adds Solana Support, Unlocking Access for 65M Users

Revolut has added full Solana network support, enabling SOL transfers and withdrawals for its roughly 65 million users after previously allowing only in-app trading.

SolanaCryptoRevolutWalletsDeFiSOL

Published at 2025-12-03 18:45:13

Chainlink (LINK) Soars Past XRP After Sharp Rally

Chainlink’s native token LINK jumped sharply on Wednesday, delivering strong intraday gains that outpaced XRP. Traders pointed to renewed demand for oracle services and DeFi integrations as possible drivers.

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Published at 2025-12-03 14:45:28

Fed Liquidity Surge Lifts Bitcoin Momentum

A U.S. banking policy shift that injected fresh liquidity into the system sparked renewed momentum for Bitcoin and other major digital assets. Traders reacted to easier funding conditions and a softer short-term rate tone from the Fed.

BitcoinLiquidityCrypto MarketsMacroFederal Reserve

Published at 2025-12-03 12:30:09

Gensler Singles Out Bitcoin, Labels Most Crypto ‘Highly Speculative’

In a Bloomberg interview, SEC Chair Gary Gensler said Bitcoin is distinct from most other tokens and called the rest “highly speculative.” His remarks reinforce regulatory caution that could shape listings, custody and institutional interest.