Bitlayer (BTR) Now Listed on LBank Exchange
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 31 2025
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LBank Exchange Lists Bitlayer (BTR)
- Listing Details: LBank Exchange, a prominent digital asset trading platform, listed Bitlayer (BTR) on August 27, 2025, at 11:00 UTC. The BTR/USDT trading pair is now available for users.
About Bitlayer (BTR)
- Innovative Technology: Bitlayer is the first Bitcoin Layer 2 solution based on the BitVM paradigm, designed to maintain Bitcoin's security while enabling Turing-complete programmability through zero-knowledge proofs and fault-proof mechanisms.
- Modular Blockchain Protocol: It serves as a fraud-proof execution layer compatible with the Ethereum Virtual Machine (EVM), facilitating the development of decentralized applications (dApps) on Bitcoin, thus expanding its utility beyond just a store of value.
Core Features
- Security Inheritance: Bitlayer leverages the BitVM architecture for off-chain computations that are verifiable on-chain, ensuring Bitcoin's security.
- EVM Compatibility: The platform supports EVM smart contracts, allowing for easy migration or dual deployment of Ethereum-based dApps.
- Scalability: By separating execution from consensus, Bitlayer can independently scale transaction throughput while maintaining decentralization.
- Developer Support: It offers comprehensive tools, SDKs, and documentation to foster innovation in the Bitcoin Layer 2 ecosystem.
Token Utility
- BTR Token Functions: The native BTR token is essential for transaction fees, governance participation, staking, and supporting dApps on the Bitlayer network.
Ecosystem Vision
- Foundational Infrastructure: Bitlayer aims to be the primary smart contract infrastructure for Bitcoin, enabling developers to create decentralized services while preserving security and decentralization.
- Future of Bitcoin: The platform envisions Bitcoin as not only a form of sound money but also as a computational foundation for decentralized finance.
Key Highlights
- BTCFi Infrastructure Leader: Bitlayer is positioned as a leading BTCFi stack with the live deployment of the BitVM Bridge, enhancing connectivity to broader DeFi ecosystems.
- Funding Success: The project raised $30 million from notable investors, including Polychain Capital and Franklin Templeton.
- Strategic Partnerships: Collaborations with major Layer 1 chains and mining pools bolster its ecosystem.
- High Performance: Bitlayer supports real-time, scalable applications on Bitcoin with EVM compatibility.
- YBTC Utility: The YBTC token facilitates gas, yield generation, and DeFi activities within the Bitlayer ecosystem.
About LBank
- Exchange Overview: Founded in 2015, LBank serves over 20 million users across 160 countries, with a daily trading volume exceeding $5.5 billion and a decade of security without incidents.
- User Experience: The platform offers innovative trading solutions, achieving average returns of over 130% on newly listed assets.
- Market Leadership: LBank is recognized for its rapid altcoin listings, unmatched liquidity, and industry-first trading guarantees, making it a preferred choice for crypto investors.
Contact and Community
- Website and Social Media: Users can engage with LBank through various platforms including Telegram, Twitter, and Facebook. For inquiries, contact marketing@lbank.com.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC). As of , Bitcoin (BTC) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 57609.853 | 61304.926 | 64635.943 | 68331.016 | 71662.033 | 75357.106 | 78688.123 |
| Fibonacci | 61304.926 | 63988.893 | 65647.05 | 68331.016 | 71014.983 | 72673.14 | 75357.106 |
About BTC
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
