Stacks has announced the launch of a 35% annual percentage yield for Hermetica's stablecoin USDh, setting a record for the Stacks DeFi ecosystem. In a recent post on Dec.
Story Highlights The live price of the Stacks token is . The Stacks price could reach a high of $3.22 in 2024. With a potential surge, the price may hit $13.93 by 2030. The surge of STX price at the beginning of 2024 has hit a stumbling block, with resistance forming above the $3.665 level.
FTT token makes a surprising jump, driving a new breakout rally. As holders anticipate a parabolic rise for FTT to rise back from its ashes, the token with no use finds a new relief fund from Pudgy Penguins. However, the risks of liquidation amid FTX's bankruptcy loom large.
Will the upcoming sBTC upgrade in mid-December boost STX's price?
Mantra price has declined in recent days, entering a local bear market with a 30% drop from its all-time high. Mantra (OM) token was trading at $3.54, bringing its market cap to over $3.28 billion.
Cryptocurrencies have done better than American stocks this year. Bitcoin has more than doubled, while smaller meme coins like Dogwifhat and Popcat have minted many millionaires.
The evolution of decentralized finance (DeFi) has led to innovative platforms that aim to close the gap between traditional financial systems and the possibilities offered by blockchain technology. MANTRA is one of these solutions, combining governance tools, staking, and lending with a focus on tokenizing real-world assets (RWAs).
Data from analytics firm CoinGecko shows that Layer-1 native tokens grew by 7,000% in 2024. While major projects like Bitcoin and Ethereum recorded significant gains, other tokens saw notable growth in niche markets.
Layer 1 blockchains have seen explosive growth in 2024, with Mantra (OM) leading the charge, boasting a 7,035% increase. Explore the top performers and market dynamics.
Based on data as of Nov. 26, the Altcoin Season Index (ASI) hosted on blockchaincenter.net is picking up steam, with standout performances from stellar (XLM), sui token (SUI), and mantra (OM), all posting impressive triple-digit increases.
Stacks users can now do more with their STX tokens thanks to a partnership between Velar and Stacking DAO.
Velar is teaming up with StackingDAO to inject more liquidity into the market to support “Stackers”, or those who stake STX crypto to support the Stacks Layer-2 blockchain.
This is a big step before sBTC goes live on the mainnet, which is the real deal. Think of it like a rehearsal before the big performance.
Leading crypto exchange Binance has again sparked market optimism surrounding certain tokens, revealing enhanced offerings for investors on Monday. Notably, the exchange added new trading pairs for CATI, HBAR, OM, FDUSD, RAY, and TAO to its stockpile of offerings, magnetizing traders and investors globally.
Stacks (STX), a unique blockchain network designed to bring smart contract functionality to Bitcoin, has garnered significant attention within the cryptocurrency space. Unlike most blockchain platforms, which use traditional proof-of-work (PoW) or proof-of-stake (PoS) mechanisms, Stacks employs a Proof-of-Transfer (PoX) model.
Altcoins posted significant gains this week buoyed by Bitcoin's rally.
This week, the crypto economy soared to an astounding $3.29 trillion. Bitcoin (BTC) rose by 10%, while ether (ETH) followed closely with a 9% uptick. Meanwhile, a wide array of alternative digital currencies posted impressive gains, with many achieving growth in the double- and even triple-digit range.
FTT, the native token of the bankrupt FTX exchange, surged 36% to a high of $2.96, following FTX's court-approved reorganization plan.
Story Highlights FTX reveals its $8 billion repayment plan, to begin in March 2025. The FTT price soars 30% in 24 hours with a 284% jump in trading volume. Technical sentiments record increased positive action, hinting at retesting a higher price target.
After nearly two years of waiting, FTX creditors finally see light at the end of the tunnel. The reorganization plan is set to begin in January 2025.
FTT, the native token of the bankrupt cryptocurrency exchange FTX, has experienced a 36% price surge in the past 24 hours. It now trades at a monthly high of $2.61.
Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on one top-50 altcoin by market cap while offering his insight on Bitcoin (BTC) and Ethereum (ETH).
STX is showing strong breakout potential, with key resistance levels in focus for future gains.
HBAR, OM, and APE are grabbing the spotlight as Binance unveils expanded trading pairs and Spot Algo services. Launching November 22, the announcement has market watchers eyeing a rally despite recent turbulence in token prices.
Stacks' price action has closely mirrored Bitcoin's performance in recent months, boasting an impressive correlation coefficient of 0.86. This makes Stacks a high-beta play on Bitcoin, meaning that when Bitcoin moves, STX tends to move in a similar direction, albeit with more volatility and often at a greater magnitude.
Stacks strong correlation with Bitcoin suggested a possible rally.
With a jump of 2.86% in the past 24 hours, the cryptocurrency market has successfully crossed the $2.8 Trillion mark. With this, the STX price has maintained its bullish action by recording a positive candle for the 3rd consecutive day.
The sBTC token is designed as a trustless way to use bitcoin in decentralized finance applications, in contrast to centralized wrapped bitcoin tokens.
Stacks seeks to usher in a wave of adoption and innovation following its Nakamoto upgrade.
MANTRA has announced details of its highly anticipated 50 million $OM token airdrop, sparking excitement across its community of over 350,000 participants. Eligible recipients, including stakers, NFT holders, and active ecosystem members, will receive tokens based on various engagement levels.
The launch of Bitcoin L2 Labs is expected to catalyze growth in decentralized applications, making Stacks an even stronger player in Bitcoin-based technology.
STX has experienced fluctuations since reaching an all-time high of $3.61 in November 2021. As the cryptocurrency market evolves, investors are curious whether STX can recover and surge again in the coming years.
The cryptocurrency market has experienced a significant pullback this week due to the rising uncertainty concerning the possible outcome of the upcoming U.S. election in 2024. Following this, the Stacks price has recorded a major price correction, highlighting increased bearish sentiment.
It was a sea of red in the cryptocurrency market on Tuesday as investors positioned themselves for the US election and the Federal Reserve interest rate decision. Bitcoin fell to $67,900, while Solana (SOL), Popcat (POPCAT), and Mantra (OM) fell to $158, $1.2, and $1.28, respectively.
Layer-1 blockchain MANTRA and United Arab Emirates-based tokenization platform Libre Capital aim to drive further adoption of tokenized real-world assets On Nov.
Stacks (STX), a prominent layer-2 solution for Bitcoin, is gaining attention following the recent Nakamoto upgrade on October 29, 2024. This upgrade aims to enhance transaction speeds and scalability, positioning Stacks for substantial long-term growth in the cryptocurrency landscape.
Stacks, a Bitcoin layer-2 solution, is currently garnering attention as its latest developments hint at substantial long-term growth potential. Following the recent Nakamoto upgrade on Oct.
Mantra OM has made a notable comeback, surging 15% within a 24-hour period. This rally comes on the heels of significant whale activity, signaling a renewed interest in the altcoin after a challenging few weeks.
STX's recent Nakamoto upgrade has unlocked faster transaction speeds and introduced sBTC, positioning the token for potential gains.
MANTRA has announced an official partnership with Google Cloud as the L1 network will use Google as a primary validator for its mainnet.
This is a segment from the 0xResearch newsletter. To read full editions, subscribe.
Mantra has announced that cloud computing giant Google Cloud is now a validator and infrastructure provider for the layer-1 blockchain MANTRA Chain. MANTRA Chain, whose mainnet went live on Oct. 23, is an L1 for tokenized real-world assets.
TL;DR The Nakamoto Stacks upgrade is live, ensuring that confirmed transactions are as irreversible as those on Bitcoin. Transaction processing time has been significantly reduced. The technical foundation is laid for the launch of sBTC, scheduled for later this year.
The partnership could enhance the “financial utility of Bitcoin for our institutional clients,” wrote Calvin Shen, the chief commercial officer at Hex Trust.
Now, using Stacks is quicker and more secure. This is thanks to some major updates that make it work even better with Bitcoin.
You can click on this news section to read its content. It seems somehow there is no meta tag description available for this news article.
With one-third of the Q4 already coming to an end, October was surprising as many altcoins managed to chart new all-time highs. However, one token that got away is the leader of the crypto assets, Bitcoin.
Muneeb Ali announced that the Nakamoto upgrade is live. It enhances Stacks Layer 2 transactions with 100% Bitcoin finality.