BULLISH 📈 : ING partners with Bitwise as Bitcoin Hyper raises $31.2M

Traditional finance and decentralized infrastructure are converging, as ING partners with Bitwise to deepen involvement in the crypto ecosystem. This move signals a shift in institutional capital's approach to digital assets.

  • ING's partnership with Bitwise allows institutions to bypass technical challenges of direct ownership while benefiting from digital asset yield generation.
  • This aligns with the 'Bitcoin as collateral' thesis and pushes competitors to reassess risk models.
  • The demand for utility has highlighted Bitcoin Layer 1's limitations, such as lack of smart contract capability and slow transactions.
  • Layer 2 solutions, particularly Bitcoin Hyper, are gaining attention for addressing scalability issues.

Bitcoin Hyper's Technological Advancements

  • Bitcoin Hyper integrates the Solana Virtual Machine (SVM) for fast transaction speeds and low costs while maintaining Bitcoin's security.
  • This enables development of high-frequency trading platforms, gaming dApps, and complex DeFi protocols using Rust within the Bitcoin ecosystem.
  • The Decentralized Canonical Bridge facilitates trustless transfers, solving previous fragmentation issues.

How Bitcoin Hyper works.

Investment and Market Activity

  • Bitcoin Hyper has raised $31.2 million during its presale, indicating strong early support.
  • The token is priced at $0.013675, offering a competitive entry point compared to established Layer 2s.
  • Staking incentives with a short vesting period encourage long-term investment.

$HYPER's presale numbers.

Investors should note that cryptocurrency markets are volatile and conduct their own due diligence before investing.