Maelstrom: Publishes Bitcoin Grant Program Annual Report

Maelstrom Fund published its Bitcoin Grant Program Annual Report for the period ending June 2026, detailing technical contributions from four funded open-source developers focused on Bitcoin scalability, robustness and privacy, drawing praise from BitMEX Research for the report's depth. BTC price prediction models must now factor current 4h chart confluence where price sits at $61705.09 inside Bollinger Bands with upper resistance at $64234.8 while EMA50 at $64070.83 and EMA200 at $71345.57 define bearish structure and MACD death cross at -510.95 keeps downside pressure intact, pointing to a probable retracement toward lower support at $60682.87 before any sustained move higher despite neutral RSI at 44.16. Crypto market crash risks remain elevated if developers funded by such grants fail to deliver scalability upgrades fast enough to counter macro headwinds.