The Celestia fire sparked widespread discussion about modular blockchains. In fact, modular blockchain has always been an important part of the application chain narrative and is not a new thing.
Bitcoin remains range-bound between $110k–$116k as profit-taking and fading ETF inflows weigh on momentum. Derivatives now carry outsized influence, with futures and options providing balance. Reclaiming $114k is key for upside, while $108k risks deeper stress.
Year to date crypto companies have raised more than $16 billion with over 100 M&A deals, putting the industry on track to set a new record and already surpassing the total deal value of 2024.
