Bitcoin slips to $83,380 amid conflicting global signals. Meliuz embraces BTC as a treasury asset, while China quietly offloads holdings. Ripple CEO sees $200K ahead. The post Bitcoin Drops to $83,000 — China Sells, Meliuz Stacks 45 Coins appeared first on Cryptonews.

The cryptocurrency market is more than just a buzzword today—it's become an essential part of the global financial ecosystem. With innovation constantly unfolding, there's an undeniable wave of excitement and possibility in the crypto space.

The Tokyo-listed investment firm said it bought an additional 319 BTC, bringing its total holdings to 4,525 BTC.

Conflux (CFX) has announced the closure of its Bounty platform as part of a strategic realignment, effective April 14, 2025. Users are advised to manage remaining balances promptly.

Explore how Stacks (STX) enhances Bitcoin by enabling smart contracts and DApps, leveraging Bitcoin's security while expanding its functionalities through a unique layer-2 network.

Institutions will now be able to gain exposure to sBTC, an asset for Bitcoin-denominated gains, through Hex Trust custody.

Hex Trust, a Hong Kong-based digital asset firm that offers institutional-grade custody, staking, and trading solutions, has announced expanded support for Stacks (STX), a leading layer-2 (L2) Bitcoin (BTC) network, as well as sBTC, Stacks' decentralized asset based on Bitcoin, per information shared with Finbold on Thursday, April 10.

With just one day left, April 10 is shaping up to be a crucial date for Terra Classic (LUNC) and TerraClassicUSD (USTC) investors. This is when Terra co-founder Do Kwon will appear for a conference hearing that could influence the ongoing legal proceedings tied to the 2022 Terra crash.

On-chain records showcase a massive burn of Terra system's native tokens, sparking rebound hopes for LUNC holders.

Japanese hotel giant Metaplanet (3350) is going big on Bitcoin as the firm just scooped up 160 BTC. The firm acquired Bitcoins for around $83,600 each, adding $13.4 million to their crypto stash. This brings their Bitcoin holdings to 4,206 BTC, and their total investment to $363.5 million.

Sunsetting its operations after getting slapped with a $4.47B fine, TerraForm is getting ready to reimburse investors.

The crypto markets are consolidating after a small rise as the bulls face fatigue following a minor surge. Bitcoin price surged above $88,000 but has settled above $87,000 despite the rising bearish activity. On the other hand, Ethereum sustains above $2000, while memecoins display some strength as DOGE, PEPE, and FLOKI maintain a strong upswing.

Conflux says its security team has successfully patched the CREATE2 Opcode vulnerability with version 2.5 network upgrade.

Conflux (CFX)Portal wallet will be removed from the Chrome plugin market due to security risks. Users are advised to switch to the Fluent wallet for enhanced safety and support.

Conflux (CFX) has issued a security alert warning users about phishing attempts by hackers impersonating official accounts. Users are advised to avoid suspicious links and remain vigilant.

TerraUSD token remained in a tight range as the Terra Luna Community members voted to reclassify it and change its name. TerraUSD (USTC) price was trading at $0.01266 on Tuesday, down by 45% from its highest level this year.

Conflux (CFX) has announced the successful completion of its v2.5.0 network hardfork upgrade, ensuring enhanced stability and performance across its blockchain network.

Tthe OP Stack has remained dominant, with "bridge abstraction" volume surging ahead of Ethereum's next major upgrade.

Stacks has created history with its mind blowing hold over the world. The financial system was revolutionized when Stacks started climbing the ladder.

A bank teller has been arrested for allegedly grabbing $1,000,000 in cash from his employer's vault and successfully sneaking it out of the premises. Daniel A. Acebo was hired by a New York bank – which hasn't yet been named – as a business banker, according to local reports.

Stacks (STX) has been facing a challenging market environment, aligning with the broader downturn in the cryptocurrency market. After reaching a peak of around $2.5 in December 2024, the price of STX has steadily fallen, with each subsequent peak lower than the previous one.

In this piece, we'll assess if Stacks (STX) can rebound above its key EMAs.

Bitcoin's drop below $80,000 comes as ETF outflows surge and macro pressures mount. But how does the current dip stack up against the past?

TL;DR Companies like Jump Crypto, SNZ, and UTXO have made strong commitments to this innovative Bitcoin solution. Due to this, the value of the Stacks' token has increased by more than 11%, currently trading at $0.8629.

While Bitcoin remains below the supply zone around $90k, bulls have seen BTC bounce from lows of $82k hit on Wednesday as cryptocurrencies crashed. Despite the lingering economic concerns and tariffs, Bitcoin has reclaimed the $86k area. Several altcoins have also held up at key support levels, including Ethereum, XRP and Solana.

Stacks, the leading Bitcoin (BTC) Layer-2 (L2) network for BTC-oriented decentralized finance (DeFi), has announced that its sBTC token has been adopted by a number of institutional clients, as detailed to Finbold on Thursday, February 27.

Stacks, a prominent layer-2 solution designed to unlock the potential of Bitcoin for decentralized finance (DeFi), is gaining significant momentum. The platform announced today that a number of major institutions are adopting sBTC, a 1:1 Bitcoin-backed, decentralized programmable asset, as a key component of their Bitcoin strategies.

Blockchair announced today the launch of its Stacks Explorer, further expanding its mission to provide comprehensive blockchain analytics.

Conflux (CFX) reveals its v2.5.0-testnet hardfork, urging node operators to upgrade before March 3 to avoid protocol incompatibility. The upgrade includes a crucial security fix.

Conflux (CFX) Network has announced changes to key parameters following the conclusion of its 14th voting round. Key adjustments include increases in PoW block rewards and interest rates.

Conflux (CFX) Network outlines its parameter voting mechanism, detailing how users can influence network parameters through staking and voting on the blockchain.

Metaplanet shares have risen 4,800% as the company, known as “Asia's MicroStrategy,” has stacked Bitcoin.

Bitcoin (BTC) dived back into the red as momentum stalled around the $99,000 price level and fell to a low of $95,891 before recovering and moving to its current level. The flagship cryptocurrency is down almost 1% as it oscillates between $95,000 and $99,000, nearly 11% below its all-time high as it struggles to reclaim $100,000.

Velar launches the BTC Name Grant Program to drive .btc digital identity adoption and unify the Stacks ecosystem.

Velar's new initiative aims to improve Bitcoin interactions, partnering with Stacks and other leaders to enhance user identity management.

Velar and its partners have raised more than 6,000 STX to incentivize users to adopt the .BTC digital identity on the Stacks layer-2 network.

Hermetica, a decentralized finance (DeFi) protocol operating on Bitcoin Layer 2 Stacks, has announced a major liquidity initiative that is set to establish USDh as the largest stablecoin within the Stacks ecosystem. USDh is Hermetica's Bitcoin-backed yield-bearing stablecoin. The protocol has finalised a liquidity deal that will bring in approximately $3 million in USDh liquidity.

Conflux (CFX) has launched a Bug Bounty Program, encouraging community members to report issues and suggest improvements, with rewards ranging from 10 to 500 CFX.

Fresh off completing significant technical upgrades, Ali is now laser focused on growing Stacks' user base.

Stacks, a layer-2 blockchain built on Bitcoin, has faced a significant outage lasting over four hours. According to its status page, the network ceased producing transaction blocks at 7:15 UTC on Jan. 6.

As 2024 draws to a close, the cryptocurrency market remains a landscape of sharp volatility, presenting both challenges and opportunities for traders and investors.

Stacks (STX) has experienced a significant 26% decline over the past week, with its price falling to around $1.71 at the time of writing. The cryptocurrency has dropped sharply, but it is approaching a crucial support level, which could signal a potential rebound.

Stacks (STX) tumbled by 26% in a week, approaching the critical $1.75 support within a bullish channel.

Bitflow, a decentralized exchange (DEX), and Pontis, a decentralized finance (DeFi) platform, have introduced the first-ever Bitcoin Runes Automated Market Maker (AMM) on Stacks, a Bitcoin (BTC) Layer-2 (L2) scaling solution, as reported to Finbold on Wednesday, December 18.

Bitflow's automated market maker uses Stacks' Nakamoto upgrade with the aim of addressing some shortcomings inhibiting Runes trading.

Starting in January 2025, Travala is the top crypto-friendly travel platform. This will let users book flights, hotels, and activities using sBTC and $STX.

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TL;DR Stacks has successfully launched sBTC on the mainnet, enabling Bitcoin integration into decentralized finance (DeFi). sBTC is fully backed by Bitcoin, ensuring its security and offering new opportunities in decentralized lending and exchanges.