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Bitcoin’s DeFi Expansion on Sui Network Unlocks New Utility for BTC

Bitcoin’s DeFi Expansion on Sui Network Unlocks New Utility for BTC

Published:
2025-07-13 10:56:17
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Bitcoin's integration into decentralized finance (DeFi) is reaching new heights as layer-1 blockchains like Sui, Cardano, and Aptos adopt BTC-based solutions. The Sui Network, in particular, is making significant strides by partnering with Stacks (sBTC) and Lombard Finance (LBTC) to enhance Bitcoin's utility beyond its traditional role as a store of value. Adeniyi Abiodun of Mysten Labs emphasizes Sui's potential to unlock DeFi opportunities for Bitcoin holders, paving the way for innovative financial applications. This development marks a pivotal moment in the evolution of Bitcoin's functionality, as it transitions from a passive asset to an active participant in the DeFi ecosystem. With these advancements, Bitcoin holders can now leverage their assets for lending, borrowing, and yield generation, further solidifying BTC's position as a cornerstone of the digital economy. As of July 2025, the expansion of Bitcoin DeFi (BTCfi) on the Sui Network underscores the growing synergy between Bitcoin and decentralized finance, offering new avenues for growth and adoption.

Bitcoin DeFi Expands to Sui Network, Enhancing BTC Utility

Bitcoin's role in decentralized finance (DeFi) is gaining traction as layer-1 blockchains like Sui, Cardano, and Aptos integrate BTC-based solutions. Sui's ecosystem now supports bitcoin DeFi (BTCfi) through partnerships with Stacks (sBTC) and Lombard Finance (LBTC), enabling functionalities beyond mere storage of value.

Adeniyi Abiodun of Mysten Labs highlights Sui's capacity to unlock DeFi opportunities for Bitcoin holders, transforming passive assets into yield-generating instruments. This shift addresses Bitcoin's historical limitations as a medium for financial applications while maintaining its status as a secure, decentralized asset.

Bitcoin Price Struggles: Will Support Hold or Lead to a Deeper Drop?

Bitcoin's price has faltered, dropping to $103,000 after failing to sustain above the $106,500 level. This decline has sparked liquidity concerns across the market, with traders closely monitoring key support zones.

A breach below $100,000 could trigger further downside, targeting lower liquidity pools. Despite the bearish pressure, analysts view this as a corrective phase within the broader bull market, not its conclusion.

Michael van de Poppe notes the $106,500 level has flipped from support to resistance, creating uncertainty among traders. Weekend price action suggests a potential market inflection point ahead.

Coinbase's Trump Parade Sponsorship Reignites Debate on Crypto's Anti-Establishment Ethos

Coinbase's decision to sponsor a military parade commemorating the U.S. Army's 250th birthday has sparked fierce debate within the crypto community. The event, held on June 14 in Washington, D.C., coincided with nationwide 'No Kings' protests against President Trump's immigration policies. Critics view the exchange's participation as a betrayal of cryptocurrency's foundational anti-establishment principles.

The parade drew sparse attendance but significant corporate backing, with Coinbase joining 21 other sponsors including Palantir and Amazon. This marks the second major political alignment by the exchange, following its $1 million donation to Trump's 2021 inauguration. The MC's explicit acknowledgment of Coinbase during the event further cemented perceptions of institutional coziness.

At stake is crypto's ideological soul. Bitcoin's creation as a decentralized alternative to traditional finance appears increasingly at odds with industry leaders' pursuit of mainstream legitimacy. The tension between revolutionary origins and institutional adoption continues shaping market narratives as regulatory scrutiny intensifies.

How Crypto Prices Shape Up After FOMC & Fed Chair Jerome Powell’s Speech

Cryptocurrency markets remain acutely sensitive to macroeconomic signals, with Federal Reserve Chair Jerome Powell’s recent remarks and FOMC policy decisions exerting significant influence. Amidst broader financial uncertainty, traders are scrutinizing potential interest rate pivots and their implications for digital assets.

The Fed's stance on monetary policy has become increasingly pivotal as President TRUMP pressures for rate cuts. Recent trade developments, including a tentative agreement with China, have bolstered arguments for easing. Market participants now weigh the likelihood of a dovish turn against lingering inflationary concerns.

Bitcoin and altcoins face a critical juncture as institutional and retail investors alike await clearer signals from central bankers. The interplay between traditional finance metrics and crypto volatility continues to define market trajectories in this high-stakes macroeconomic environment.

BTC Holds Near $105K as Geopolitical Tensions Fuel Market Uncertainty

Bitcoin traded around $105,000 as Asian markets opened, with investors weighing the risk of escalating conflict between Israel and Iran. Trading firm QCP noted a decisive shift in risk reversals, with BTC put options now commanding 5 volatility points over calls—a clear sign of mounting hedging activity.

Despite $1 billion in long liquidations across crypto markets last week, institutional buying continues to provide underlying support. On-chain data reveals persistent accumulation by large holders even amid volatility.

"Markets remain stuck in a bind," QCP observed, noting crypto's continued sensitivity to geopolitical headlines. The firm warned of prolonged headline-driven price action until clarity emerges on Middle East tensions.

Strategy Doubles Down: Saylor Signals Massive 10th Bitcoin Buy Streak

MicroStrategy has once again signaled an imminent Bitcoin purchase, with Chairman Michael Saylor sharing the company's portfolio tracker for the tenth consecutive week. The tracker, historically a precursor to BTC acquisitions, shows a steady climb in Bitcoin holdings. This comes as BTC prices face downward pressure, potentially making another institutional buy a catalyst for short-term market sentiment.

The firm now holds 582,000 BTC worth approximately $61 billion at current rates. Last week's purchase added 1,045 BTC valued at $110 million. MicroStrategy's consistent dollar-cost averaging strategy has seen it accumulate 226,000 BTC in its first four years, followed by 335,000 BTC through weekly purchases since then.

Concerns linger about potential MSTR stock dilution and insider sales, but the company continues funding Bitcoin purchases through STRD preferred stock offerings. MicroStrategy now approaches a symbolic milestone of 600,000 BTC in its treasury.

|Square

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