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.

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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.

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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.

Bitcoin (BTC) is nearing the $68,000 level, while MANTRA (OM) has surged 12%, making it the day's top-performing asset. Today's price action reflects a cautious optimism among investors, bolstered by regulatory news and large institutional holdings of crypto assets.

Mantra OM showed signs of reversing recent 24% losses incurred in mid-October.

Mantra's native coin OM has staged a comeback after noting a 5% price drop in the past week. Exchanging hands at $1.40, OM's price has climbed by 9% over the past 24 hours.

MANTRA rallied over 10% on Oct. 28 after a god candle formed on the daily chart. Mantra (OM) surged to $1.

As the crypto market gears up for November, altcoins are likely to experience notable shifts in price action. Beyond general market sentiment, certain crypto assets are also set to undergo pivotal network and chain updates, which could significantly influence their valuations.

TL;DR MANTRA launches its mainnet, aiming to become the leading ledger for Real-World Assets (RWAs) by integrating traditional finance with blockchain technology. Mainnet features include bridging OM tokens from ERC-20, staking OM tokens for network security, earning on-chain rewards, and completing missions for Karma tokens.

Mantra has launched the MANTRA Chain Mainnet, edging closer to its goal of integrating traditional finance with blockchain technology. According to a press release shared with crypto.

Stacks, a layer 2 solution for Bitcoin, is on the verge of a significant upgrade named “Nakamoto.” Scheduled for October 29, 2024, this update aims to enhance transaction speed and overall efficiency.

The Stacks Foundation has announced that security firm Asymmetric Research has joined its ecosystem as a key security contributor, reinforcing efforts around its Bitcoin Layer 2 solution. According to a press release shared with crypto.

TL;DR The Stacks Foundation has partnered with Asymmetric Research to strengthen the security of the upcoming Bitcoin-backed sBTC token. The launch of sBTC in Q4 2024 will allow Bitcoin users to interact with DeFi applications securely. Asymmetric Research will act as a “signer” of the sBTC system, ensuring secure transactions alongside 30 other companies.

Stacks adds Asymmetric Research as a key security contributor for its Bitcoin Layer 2 network.

Stacks is awaiting a major upgrade, but will it push the token above $2?

Stacks Network, the Bitcoin layer-2, is one of the largest DeFi protocols on the world's most secure platform. DeFiLlama says the platform manages over $109 million worth of assets.

TL;DR 2024-2025: Stacks (STX) is expected to trade between $1.59 and $4.72, with an average price around $2.40 in 2024 and potentially reaching $4.41 by the end of 2025. 2026-2027: Predictions for 2026 suggest a price range of $2 to $5.60, while 2027 could see prices fluctuating between $1.50 and $3.80.

Bitcoin's recent recovery and the upcoming Nakamoto mainnet hard fork finalization could help push STX's price.

The cryptocurrency market is notorious for its wild price swings, and the recent resurgence of the FTX Token (FTT) exemplifies this volatility. After experiencing a remarkable price increase of 16% in just one day, FTT has captured the attention of investors keen to understand its potential trajectory.

Story Highlights The live price of FTX is . FTX price, with a potential surge, could go as high as $1.62 by the end of 2024. FTT price could reach a high of $14 by the end of 2030.

FTX Token (FTT) has seen a 14% price increase in the past 24 hours, making it the top gainer in the market. However, this surge is primarily driven by speculative trading rather than a specific increase in demand for FTT.

FTT may be set for another impressive surge, similar to its performance over the past two months.

The FTT token price is back in action with a massive overnight surge amid the crypto market recovery. With rising speculations of the FTX token ready for a price jump to $3, something seems fishy underneath. Amid the hopes of a bullish recovery, a trap set by whales is potentially lurking near $3.

Hermetica, the pioneer of the Bitcoin-backed stabelcoin USDh, announces the expansion of its flagship synthetic dollar to the Stacks Bitcoin L2 network. With the integration into Stacks, USDh becomes the first Bitcoin-backed stablecoin to enter the thriving Bitcoin ecosystem on the leading L2.

Bitcoin surged to a seven-day high of $64,300, gaining 2.5% following China's announcement of economic stimulus measures. This positive sentiment came after Bitcoin briefly dipped below $60,000 last week due to market volatility and concerns over rising US CPI data. Despite these challenges, Bitcoin has bounced back strongly.

As Bitcoin continues to show strength, analysts are diverting their attention to altcoins with hot narratives — GameFi, AI, DePIN, and RWA.

The cryptocurrency market has witnessed significant fluctuations and developments over the past few weeks, impacting the prices and sentiments surrounding various assets, including Uniswap (UNI) token, XRP, and FTX's FTT token, XRP. FTX's FTT token navigating a caution market sentiment FTX's FTT token is currently priced at $2.02, reflecting a 3.