BitMEX Research: Details Payjoin Work on Bitcoin

BitMEX Research spotlighted developer Benalleng’s extensive Payjoin contributions including expanded test coverage, dependency reductions and hardened state machine refactors, alongside a key quote stressing minority adoption’s material privacy gains for the Bitcoin network despite supermajority challenges.

Bitcoin price action shows BTC at $61829.45 inside Bollinger Bands with upper resistance at $64230.33, while the EMA50 at $64017.41 caps upside and the EMA200 at $71269.1 defines the broader bearish structure; RSI at 45.61 keeps momentum neutral yet the MACD golden cross at -427.25 hints at potential relief, suggesting a test of lower band support near $60699.17 before any sustained move higher.