Ledger Launches BTC Yield Feature, Activating $2.1 Trillion Asset Class
- Yield Generation Mechanism: Ledger's new BTC yield feature, developed in collaboration with Lombard and Figment, allows users to generate yield from self-custodied assets by converting BTC into LBTC, enhancing user participation in decentralized finance.
- Liquidity and Flexibility: As a liquid token, LBTC enables users to continue utilizing their assets for lending, trading, or yield strategies post-conversion, thus avoiding the locking of assets in illiquid staking positions and improving capital efficiency.
- Activating Dormant Assets: This initiative aims to activate the currently dormant $2.1 trillion asset class, as only 1.5% of the total Bitcoin supply is active on-chain, providing users with a pathway to earn rewards without relinquishing self-custody, thereby promoting broader Bitcoin adoption.
- Future Expansion Plans: The feature is currently available in the “Discover” section of the Ledger Wallet app, with a more deeply integrated version planned for release in 2026, which will further enhance user experience and market reach.
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Technical Analysis for BABY
Technical Sentiment Analysis for Babylon (BABY) As of , Babylon (BABY) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BABY stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BABY is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Babylon (BABY) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00293 | 0.00686 | 0.011 | 0.0149 | 0.0191 | 0.023 | 0.0272 |
| Fibonacci | 0.00686 | 0.00995 | 0.0119 | 0.0149 | 0.018 | 0.0199 | 0.023 |
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