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Bitmap Tech announced the launch of the Bitcoin Layer 2 network, Merlin Chain.

According to a BlockBeats report on January 19th, Bitmap Tech (formerly Recursiverse) announced that it will launch the Bitcoin Layer 2 network, Merlin Chain, which is built on the basis of native assets, protocols, and products of the Bitcoin Layer 1 network. Merlin will bridge multiple Bitcoin Layer 1 native assets to Layer 2.

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Bitmap Tech releases Bitcoin L2, while Merlin Chain focuses on innovation in BTC native assets and protocols.

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On-Chain Activity

11h ago

Trader "Hanba Longwang" goes long on Anthropic, gains 105%, capturing about 70% of this rally's upside.

11h ago

Anthropic's largest short seller added $7.6 million in the afternoon, bringing the total position to approximately $36.1 million.

12h ago

Mercado Bitcoin Hacker Dumps 31 More Altcoins for ETH, Total Converted Value Around $18.19 Million

14h ago

U.S. stocks rebound begins to liquidate short positions, a whale exits with a $17 million loss on a short bet.

24H Important News

2026-11-05

If Bitcoin breaks through $82,000, the cumulative short liquidation intensity on mainstream CEXs will reach $337 million.

'Machi' rolls over to go long, with floating profit on Ethereum long position exceeding $500,000.

Oil prices fall but adding to positions persists, Hyperliquid whale's crude oil long position unrealized loss widens to $13 million

Serenity: The market is indiscriminately selling off the AI industry chain, with some memory stocks' valuations already as low as 1.6 times annualized price-to-earnings ratio.

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