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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.
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.
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.
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.
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.
