After finishing as the second top market gainer recently, momentum is building for an IMX rally.
With the BTC price sustaining above the $60K mark, the bull run in the altcoin segment is heating up. As the speculations of a bull run in Bitcoin to the $100K sparks up with Presidential elections and rate cuts, the gaming, AI, and meme cryptos are racing fast.
Aptos (APT) price, a layer 1 cryptocurrency, is currently exhibiting an upward trajectory in its market trends. The APT price movement has entered a bullish phase, showing a noticeable recovery recently.
TL;DR Stacks Launches sBTC on Aptos Network: The integration of sBTC, a 1:1 Bitcoin-backed asset, will enable its use on the Aptos blockchain. Benefits for developers: Aptos will allow developers to use the Move programming language to build decentralized applications with Bitcoin.
Cryptocurrency prices were mixed as traders focused on the upcoming Federal Reserve meeting, with the crypto fear and greed index remaining in the fear zone.
Aptos Foundation has announced that Stacks, the Bitcoin Layer 2 protocol, will integrate Bitcoin into the Aptos ecosystem.
The integration of sBTC into Aptos could significantly expand Bitcoin's utility, enabling its use in diverse decentralized applications and smart contracts. The post Stacks to bring Bitcoin to Aptos network through sBTC integration appeared first on Crypto Briefing.
The integration "instantly makes Bitcoin highly capable beyond a store of value," said an Aptos exec.
The integration "instantly makes Bitcoin highly capable beyond a store of value," said an Aptos exec.
The integration allows Aptos developers to incorporate Stacks' sBTC into dApps and other real-world applications.
Algorand (ALGO) has been the center of attention as crypto currency enthusiasts and investors speculate about its future. Trading at around $0.13, ALGO remains significantly undervalued compared to its all-time high of $3.28.
Bitcoin Frontier Fund, the Stacks Foundation, and Tokensoft have announced a partnership aimed at helping Bitcoin-based startups launch more quickly and efficiently. The collaboration will bring Tokensoft's resources and expertise to startup founders building on Bitcoin, particularly those participating in programs like the N21 accelerator and Bitcoin Frontier Fund's startup accelerator.
The partnership enhances support for Bitcoin builders, streamlining compliance and accelerating project launches, fostering innovation in the ecosystem. The post Tokensoft partners with Stacks Foundation and Bitcoin Frontier Fund to accelerate Bitcoin builders appeared first on Crypto Briefing.
DIA's decentralized price oracles provide Stacks with transparent and dependable data. Developers now have free access to price feeds, which improves Stacks' DeFi ecosystem.
STX experiences a 15.68% surge in the last seven days, leaving analysts excited for a 140% increase to $3.78.
The Stacks Asia Foundation will play a crucial role in advancing Bitcoin's decentralized finance (DeFi) capabilities through Stacks' Layer-2 solutions.
DIA, a decentralized oracle network focusing on customizable market data feeds, has joined forces with the Stacks (STX) ecosystem, based on the most recent data shared with Finbold on Wednesday, September 11.
ALGO could face a tough battle as it struggles to break above key resistance levels on its chart.
Bitcoin layer-2 Stacks witnessed 1,400 smart contract deployments month over month, as its soon-to-be-effected Nakamoto upgrade will reduce its transaction confirmation time to seconds.
Stacks, the Bitcoin Layer-2 protocol, has achieved a new high in smart contract deployments, with a 30% month-over-month increase. This growth reflects the ongoing efforts of developers to enhance the Bitcoin ecosystem, making Bitcoin a more productive network.
Stacks, a Bitcoin L2 smart contract platform, deploys over 1400 smart contacts ahead of Nakamoto's upgrade full activation.
Stacks hit a record of over 1,400 monthly smart contract deployments ahead of the Nakamoto upgrade, which is set to revolutionize Bitcoin DeFi and scalability.
The collaboration among these blockchain entities could significantly enhance digital asset recovery, promoting broader crypto adoption and security. The post Cardano's IOHK, Hedera join Ripple, Algorand Foundation as founding members of Decentralized Recovery Alliance appeared first on Crypto Briefing.
The new token will accrue yield for holders generated by Babylon, while still tracking BTC's price.
Story Highlights The live price of the CFX crypto is . Conflux price could reach a high of $0.27 in 2024. This altcoin with a potential surge, may reach a high of $1.75 by 2030. The Conflux Network is a public “Layer-1” blockchain and was created to power the Decentralized Applications (dApps) and Web3 infrastructure.
Digital asset bank Anchorage has taken a major step in expanding its institutional custody services into the Bitcoin layer-2 ecosystem through a partnership with Stacks.
Pool Masters, from the creators of 8 Ball Pool, joins Immutable (IMX)'s Main Quest, bringing web3 rewards and player ownership to mobile pool gaming.
Immutable X token is stuck in a deep bear market ahead of a big token unlock and as the outlook for non-fungible tokens darkens. Immutable X (IMX) retreated to $1.958 on Sep.
Here are the top 3 token unlocks happening this week that could significantly impact the market
Stacks struggles to stand on level ground as it continues to fall despite the market's attempt to rebound in the short term. According to CoinGecko, STX bled 15% since last week with the token attempting to reverse the downward momentum with a nearly 4% uptick in the past 24 hours.
Several unlocks are coming in September, with a mixed bag of tokens dedicated to the community or to project development. Unlocks are still seen as a mostly bearish sign due to supply pressures.
“We've been consistently shipping very complicated systems,” Stacks co-founder Muneeb Ali tells Decrypt as the Bitcoin network enters its next stage.
Immutable, a leading player in the blockchain and crypto space, has shown exceptional resilience. Despite a recent market-wide downturn, which saw Bitcoin (BTC) prices plunge from $64.2k to $58.2k, IMX managed to rebound strongly.
Binance periodically adds new tokens to its platform to improve users' trading experiences. This usually positively impacts the price of the listed cryptocurrencies.
The Immutable price has dropped by 2% in the past 24 hours, falling to $1.45 as the crypto market suffers a comparable 1.5% loss today.
Despite the higher timeframe bullish bias, speculators in the lower timeframes were not so keen, as evidenced by a negative funding rate.
Stacks (STX) has emerged as a standout performer, surging by an impressive 17.88% over the past week. This substantial gain comes as the highly anticipated Nakamoto upgrade approaches, injecting renewed optimism into the Stacks ecosystem.
The upgrade will increase Stacks' transaction speed and enhance the network's resilience against blockchain reorganizations.
Stacks Begins Nakamoto Upgrade Amidst STX Token Decline. STX Faces Pressure as Stacks Launches Nakamoto Upgrade.
Amid rising price volatility in the cryptocurrency market, top tokens have displayed increased buying and selling pressure over the past few days. Moreover, the largest altcoin, Ethereum price has successfully reclaimed the $2.5K level. Following this, mid-cap altcoins have recorded a similar price action. This has resulted in many tokens recording a double-digit gain.
This upgrade promises to significantly enhance the network's functionality and usability. It addresses long-standing issues and sets the stage for groundbreaking developments.
The Stacks (STX) protocol has initiated the Nakamoto Upgrade, which introduces Bitcoin (BTC) finality to its network. Over the next 21 days, the ecosystem is set to experience a range of activities linked to this significant upgrade.
Upgrade Nakamoto: the layer-2 of Bitcoin Stacks kicks off the dances
Stacks, the Bitcoin layer-2 network, has started the Satoshi upgrade, which separates its block production schedule from Bitcoin's.
Story Highlights The live price of the Stacks token is . The Stacks price is expected to reach a high of $3.22 by the end of 2024. With a potential surge, the price may achieve a top of $13.93 by 2030.
The Bitcoin Lightning Network's Stacks protocol has completed its Nakamoto upgrade, finalizing a series of enhancements that began in April 2024. This latest phase, delivered on August 28, 2024, introduces stronger transaction finality guarantees, reduces miner extractable value (MEV) opportunities, and improves network resilience.
Immutable X is the first layer-two (L2) scaling solution for non-fungible tokens (NFTs) on Ethereum, with instant trading, massive scalability, and zero gas fees for minting and trading, all without compromising user or asset security. Immutable zkEVM is the first of its kind - a chain for games that offers EVM compatibility, low cost, massive scale, and Ethereum security.
The long-awaited Nakamoto upgrade for the Stacks (STX) network, a layer-2 solution for Bitcoin, has finally begun.