🧵1/ 𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗶𝗻𝗴: 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗥𝗲𝗻𝗮𝗶𝘀𝘀𝗮𝗻𝗰𝗲 𝗔𝗳𝗿𝗶𝗰𝗮 🌍 A new home for African Bitcoiners who want to earn, not just hold. We’re bringing you Bitcoin yield opportunities from the best protocols across chains. Let’s break it down 👇

We will ensure we bring BTCFi to Africa Our vision to see Africa is at the forefront of innovations happening in Bitcoin DeFi. We will not only use the products built by protocols outside Africa, We will be part of building the products. Grateful to the @babylonlabs_io team and the entire community for the support so far. We are not relenting.

Looks like our team got in. Looking forward to testing Native Bitcoin-backed borrowing through Aave V4 integration.

. @babylonlabs_io has published a ARFC on the @aave governance forum to propose native Bitcoin to Aave V4 as collateral through Babylon Trustless Bitcoin Vaults (TBV). Exciting to see the progress and next step from here as they push to Mainnet launch.

𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗪𝗲𝗲𝗸𝗹𝘆 𝗥𝗲𝗰𝗮𝗽 | 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟭𝟰 – 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟮𝟬 – Bitcoin opened the week around $76,800, dropped to about $74,945 on September 15, then recovered above $81,000. It closed Sunday near $81,143, up roughly 5.6% from the week's opening level. – Strive bought another 469 Bitcoin for about $36.6 million, funded through its SATA preferred shares. Its Bitcoin treasury reached 25,000 BTC, worth roughly $1.95 billion. – KULR Technology sold its remaining 764 BTC for about $58.6 million at an average price of $76,633 per Bitcoin, leaving the company with no Bitcoin in its treasury. – U.S. spot Bitcoin ETFs ended the week almost flat, recording about $6.2 million in net inflows. After more than $746 million in combined outflows on Tuesday and Wednesday, Friday brought $433 million of inflows and pushed the weekly figure back into positive territory. – The Senate failed to advance the CLARITY Act in a 49–50 procedural vote, falling short of the 60 votes needed to move the bill forward. The vote leaves the legislation's next steps unresolved. – SEC Chair Paul Atkins said the SEC would continue advancing crypto-market rules even without the CLARITY Act. On September 17, the SEC also announced temporary exemptions for certain platforms trading tokenized stocks on blockchain networks. – The U.S. House Financial Services Committee advanced a Bitcoin Strategic Reserve bill that would require a study of budget-neutral Bitcoin acquisition, apply wash-sale rules to crypto and require future reserves to be held for 20 years. – ProCap Financial sold 50 BTC to repurchase its own shares at a reported 22% discount. The company still holds 5,254 BTC worth about $398 million. – Celsius filed a lawsuit against BitMEX seeking 6,360 BTC, worth roughly $485 million, related to Bitcoin it says was lost during the March 2020 market crash. – Liquid Network said roughly 598.5 BTC remains outstanding from the recent exploit after about 3,400 BTC was returned. Peg-outs remained disabled while the network continued its recovery process. – El Salvador added another Bitcoin to its Strategic Bitcoin Reserve, bringing its reported holdings to 7,779 BTC. 𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺 𝗥𝗲𝗽𝗼𝗿𝘁 – @aegis_im launched fixed-rate borrowing on testnet with @babylonlabs_io Trustless Bitcoin Vaults and @aave v4. Users can test borrowing USDC or USDT against native BTC at fixed rates for 7, 14, 30 or 90 days. – @sherlockdefi completed its security review of Babylon's web app, off-chain coordination, ZK library, contracts and BABE cryptography. Babylon reported that the identified high- and medium-severity findings were resolved and acknowledged. – Bitcoin Staking on @Stacks is now live. 21Shares, UTXO Management, HashKey Cloud and Sypher Capital joined the Genesis Bond, with 250 BTC bonded at launch. The first rewards were expected on September 17, with the yield paid in BTC while the Bitcoin remains on Bitcoin L1. – Stacks launched its 90-day Stack incentive program, distributing 3 BTC in reward. Participation is through @ZestProtocol Protocol and @bitflow. The program rewards borrowing and lending activity through USDCx markets as well as trading and liquidity provision. – The Genesis Bond marks the first institutional Bitcoin Staking cycle on Stacks, while the network continues building around Bitcoin-native lending, liquidity and other financial applications. – Hyperliquid launched a native BTC-and HYPE-collateralized lending layer, with roughly $269M borrowed on day one.

BTCFi is more than just BTC price movement, it's about unlocking new layers of value and use cases for Bitcoin. Besides price action (which is amazing), all the developments happening around bitcoin are mind-blowing and exciting to see.🧡

DeFi for everyone.

𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗪𝗲𝗲𝗸𝗹𝘆 𝗥𝗲𝗰𝗮𝗽 | 𝗔𝘂𝗴𝘂𝘀𝘁 𝟯𝟭 – 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟲 – Bitcoin started the week around $78,500, briefly fell below $77,000, then rallied above $82,000 on September 3 before pulling back and closing the week near $80,000. Despite the volatility, Bitcoin ended the week modestly higher. – U.S. spot Bitcoin ETFs recorded approximately $986.9 million in net inflows last week, extending their positive streak to three consecutive weeks. September 3 alone saw about $730.9 million in inflows, the strongest single day since January. – Strategy returned to buying, purchasing 4,603 BTC for about $370 million at an average price of $80,318 per Bitcoin. – Strive continued expanding its Bitcoin treasury, buying 1,800 BTC worth approximately $143 million and bringing its total holdings to 23,156 BTC. – El Salvador added another Bitcoin to its Strategic Bitcoin Reserve, bringing its reported holdings to 7,762 BTC. – DayDayCook increased its Bitcoin holdings by 516 BTC, bringing its treasury to 2,899 BTC worth approximately $223 million. – The Smarter Web Company added another 35 BTC, increasing its Bitcoin holdings to 2,747 BTC. – SEC Chair Paul Atkins said he expects the CLARITY Act to pass this month, while the NSA also dropped its opposition to the bill, adding further momentum to U.S. crypto market structure legislation. – Russia's new cryptocurrency law took effect, while the SEC proposed new rules aimed at supporting blockchain-based securities transactions. – Thailand's SEC announced plans to require identification for Bitcoin and crypto transfers from March 2027, including verification of ownership of external self-hosted wallets. – A white hat hacker drained approximately 4,000 BTC worth $320 million from the Liquid Network, leaving an on-chain message identifying the operation as a white hat intervention. – Hargreaves Lansdown, the UK's largest investment platform, began offering Bitcoin products to its 2 million clients, expanding regulated access to Bitcoin investments in the country. 𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺 𝗥𝗲𝗽𝗼𝗿𝘁 – @babylonlabs_io announced that Aegis is live on testnet, introducing fixed-rate borrowing against native Bitcoin using Babylon Trustless Bitcoin Vaults. Users can borrow USDC or USDT against Bitcoin for fixed terms ranging from 7 to 90 days. – Babylon co-founder @baby_fisherman explained that TBV is designed to allow Bitcoin holders to use their Bitcoin as collateral without handing custody to a third party. Users retain the ability to withdraw their Bitcoin unilaterally as long as they have no outstanding debt. – He added that TBV allows Bitcoin to be locked directly on the Bitcoin chain in a self-custodial way, while enabling on-chain DeFi applications to recognize that Bitcoin as collateral. – STX of @Stacks is now live on @Bullish, expanding institutional access to the asset powering Bitcoin-native capital markets. – 21Shares announced it will stake its own Bitcoin treasury in the inaugural @Stacks Genesis Bond, joining the first institutional cohort for Bitcoin Staking. – Stacks said Bitcoin Staking will go live at Bitcoin block 966,350, with the Genesis Bond opening the first bonding period around September 10. The mechanism is designed to allow self-custodial Bitcoin holders to earn native BTC on the Bitcoin L1. – @StackingDao's initial 150 BTC allocation for Bitcoin Staking was fully filled, showing early demand ahead of the Genesis Bond launch. Other pools, including Xverse, still have capacity available.