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Here is how some of your favorite assets concluded the week.

The DeFi market is known for its creativity and often finds new leaders. Avalanche (AVAX) and Stacks (STX) are established names in the sector, but a new face is also emerging: DTX Exchange (DTX). Many analysts believe DTX could become the next big thing in DeFi this June.

Haruko, a leader in institutional digital asset solutions, has announced its plans to integrate with Stacks (STX), the premier Bitcoin (BTC) Layer-2 (L2) solution, as recently disclosed to Finbold on June 7.

After fighting with the bears at $71,000, the Bitcoin price is advancing to rise above $72,000. The growing strength among the BTC bulls has also made market participants hopeful about the other altcoins. In recent times, the markets have witnessed the emergence of new altcoins gaining huge attention, including a long list of memecoins.

Stacks (STX) is spreading a new narrative, showing that Bitcoin-based tokens are possible. STX lined up among top gainers after showcasing several active projects.

The cryptocurrency market has displayed a strong bullish price action with top tokens recording significant uptrend in their respective portfolios. Moreover, the market leader, BTC price, has recorded a jump of 3.21%, resulting in it reclaiming the $71,000 mark.

Exploring Velar (VELAR), a DeFi liquidity protocol leveraging Bitcoin via the Stacks blockchain.

This announcement comes as a response to the growing demand for diversified exposure to crypto assets. It reaffirms Grayscale's commitment to pioneering new products that cater to the evolving crypto ecosystem.

Crypto asset manager and spot Bitcoin exchange-traded fund (ETF) issuer Grayscale has expanded its offerings by launching two new investment trusts.

Grayscale introduced two new investment trusts for Stacks and Near Protocol.

TL;DR Grayscale Investments launches the Near Trust and Stacks Trust funds to provide investors access to specific parts of the crypto ecosystem. The new funds aim to address the demand for diversified exposure and are designed to provide exclusive access to NEAR and STX tokens.

SEC Chair Gary Gensler is confident that most crypto's are securities, but that hasn't stopped Grayscale from launching more digital asset investment products.

Grayscale launches NEAR and STX trusts, offering diversified crypto exposure for accredited investors. The post Grayscale Investments launches Near and Stacks crypto trusts appeared first on Crypto Briefing.

Grayscale introduces Near and Stacks Trusts, providing accredited investors exposure to Bitcoin Layer-2 Stacks and Near Protocol.

One trust is exclusively invested in NEAR, which supports the Near Protocol, while the other trust is exclusively invested in STX, which is part of the Bitcoin Layer 2 Stacks.

Asset manager Grayscale announced two new trusts, giving certain investors exposure to the Bitcoin layer-2 Stacks and Near Protocol.

Muneeb Ali, co-founder of the Bitcoin Layer 2 project Stacks, recently shared exciting updates about future endeavours on the social media platform X. Ali outlined several key advancements leading up to the anticipated Nakamoto part 2 upgrade.

A Bitcoin (BTC) whale turned bullish in May and recently restarted accumulating coins. The address went from a nearly $20 million worth balance to $175 million this month, holding over 2,600 BTC.

Binance Labs, the venture capital and incubation arm of Binance, has invested in Zest Protocol, an on-chain bitcoin lending infrastructure enabling users to lend or borrow native BTC with transparent yields in a permissionless way.

Stacks and Uphold recently announced that they have partnered up to revolutionize Bitcoin's usability.

The Stacks Foundation is excited to announce its partnership with Uphold, the multi-asset money platform, to further the mainstream adoption of Bitcoin and Stacks.

The Stacks Foundation, a leading blockchain platform, has just announced a new partnership with Uphold, the multi-asset money platform, aimed at boosting the mainstream Bitcoin (BTC) adoption, according to the information shared with Finbold on May 14.

The seed raise was led by billionaire investor Tim Draper with participation from Binance Labs, Flow Traders, Trust Machines and others.

Observing the movements of ‘whales'—investors who hold large amounts of cryptocurrency—can offer crucial insights for both traders and investors as they navigate the complex dynamics of the cryptocurrency market. These whales are characterized by their significant capitalization and a proven track record of profitable trading, often influencing market trends and liquidity.