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Bitcoin (BTC) had one of its best moments of the year earlier this week, hitting $80,000 after months of struggle. CoinGecko data shows that Bitcoin has risen by more than 25% in the 14-day and monthly charts. BTC is currently facing substantial resistance at the $80,000 mark, and the asset could face increased volatility in the coming days. Let’s discuss if Bitcoin (BTC) face a price dip soon, or if the asset will continue to rally. Source: CoinGecko Bitcoin To Face A Price Dip Soon? Source: KuCoin While Bitcoin’s (BTC) latest was much needed and commendable, the asset may be heading into volatile territory. BTC will a $6.36 billion options expiry on Deribit this Friday. Roughly 81,000 Bitcoin (BTC) contracts are set to expire, with max pain at $69,000 and a put/call ratio of 0.85. We could see violent price swings in the coming days. VOLATILITY ALERT: A massive $6.36 BILLION Bitcoin options expiry hits Deribit this Friday at 8 AM UTC. Around 81,000 bitcoin:native contracts...

Blockchain interoperability project LayerZero has lost a dozen partners this year as its ZRO token shed a third of its value. The latest departure, Ethereum node service provider Nethermind, ran one of the verifiers that LayerZero advertised to enterprise users. It migrated to one of LayerZero’s competitors and terminated its role as verifier on Wednesday. It joins a long list. Kelp DAO exited LayerZero in May after it lost $292 million through a bridge that a single LayerZero verifier secured. Solv Protocol deprecated its LayerZero bridges two days later, with Re.xyz making the same move.  The following week, Kraken shifted its kBTC BTC-linked token off LayerZero, while Lombard pulled over $1 billion of BTC-backed assets one day later. Virtuals Protocol left LayerZero in June. Yuzu Money completed its exit in early July, and Mantle swapped out its Super Portal days later. BitGo took $7.7 billion of wrapped BTC out of LayerZero’s ecosystem in August....

Switzerland’s largest bank, UBS, has increased its spot Bitcoin ETF holdings by 230% to $90 million, the bank announced Thursday. UBS Group AG has tripled its stake in BlackRock’s iShares Bitcoin Trust, bringing its total position to roughly $90 million across 2.5 million shares. UBS first started its Bitcoin ETF journey with 3,600 shares worth less than $150,000 in early 2024. “We recognize the importance of distributed ledger technology like blockchain, which underpins digital assets,” a spokesperson said. JUST IN: Switzerland's largest bank UBS increases spot Bitcoin ETF holdings by 230% to $90 million. pic.twitter.com/ySF5UFIvIB — Watcher.Guru (@WatcherGuru) August 13, 2026 UBS has also been opening access to IBIT and comparable products for its wealth management clients, meaning the bank’s own balance sheet position and its client facilitation business are growing in tandem. The bank is evaluating cryptocurrency trading for private banking clients in Switze...