A major breakthrough in Bitcoin staking is gaining momentum after Binance announced its latest addition: Babylon (BABY), a project aiming to unlock new utility for BTC without relying on traditional bridges.
The platform has added Babylon to its expanding lineup of supported crypto assets. The announcement coincided with the launch of Babylon Genesis, a key milestone for the project, and sparked a brief rally in BABY’s price.
Within hours on the 11th of April, the token surged from $0.084 to nearly $0.10 before pulling back to $0.087 — still marking a notable 24-hour gain.
Babylon’s core proposition lies in bringing staking functionality to Bitcoin holders — something that’s long been considered a challenge due to the network’s architectural limitations.
The protocol introduces a system that offers staking-based security to proof-of-stake (PoS) chains without the need to move BTC across bridges, sidestepping common bottlenecks around speed, programmability, and capital security.
The team behind Babylon argues that past attempts to scale Bitcoin or integrate it into PoS ecosystems have faced hurdles due to fragile or capacity-limited bridging mechanisms. Instead, their solution leverages BTC’s existing structure to secure PoS chains directly, offering a new path forward without compromising on decentralization or liquidity.
As Bitcoin continues to dominate in market value but lag behind in advanced functionality, Babylon’s approach is being watched closely as a potential inflection point in broadening BTC’s role in the wider crypto landscape.
The U.S. Federal Reserve is prepared to step in with emergency support should financial markets face severe stress, Boston Fed President Susan Collins confirmed in a recent interview, signaling that policymakers remain vigilant amid recent volatility in stocks and bonds.
BlackRock kicked off 2025 with $84 billion in net inflows, fueled by record-breaking demand for its iShares ETFs and growing interest in private markets.
Concerns over the unchecked rise of cryptocurrencies have prompted New York Attorney General Letitia James to call on Congress for immediate intervention.
U.S. officials are reportedly gearing up to target Chinese companies listed on American stock exchanges, with delisting becoming a real possibility, according to Fox News journalist Charles Gasparino.