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.

Ava Labs' bid to bring the automated market maker Balancer onto Avalanche appears set to go through, according to a vote snapshot on Monday.

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

The crypto market showed signs of an uptrend over the weekend, but momentum collapsed in the last 24 hours as the market lost $395 billion. Bitcoin fell below $85,000, triggering sharp declines across altcoins, with several hitting new lows.

The SEC has concluded its investigation into Yuga Labs, bringing an end to the probe into whether the company's Bored Ape Yacht Club (BAYC) NFTs and ApeCoin violated federal securities laws.

The SEC's decision may influence future regulatory approaches to NFTs and digital assets, impacting innovation and market dynamics. The post SEC drops Yuga Labs investigation into BAYC NFTs and ApeCoin appeared first on Crypto Briefing.

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.

Trading activity in the crypto market has picked up this week, with the global cryptocurrency market cap rising by 2% over the past seven days.

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

Balancer claims that this new development will allow for more effective utilization of the funds in these pools on Arbitrum as part of its version 3 (v3) launch, automatizing their management to maximize yield. The new version also includes more optimizations.

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.

Arbitrum has deployed Balancer V3, a major upgrade that enhances network liquidity through advanced automated market maker features.

Balancer V3, an automated market maker (AMM), has launched on Arbitrum (ARB), according to the most recent reports shared with Finbold on February 6.

Bitcoin and the rest of the crypto market took a turn for the worse over the weekend in price drops that have largely been blamed on Trump's promised tariffs. I overheard a handful of X Spaces hosts sound the alarms about it on Monday, acting as though the bull market was over.

Altcoins like Floki, AAVE, Jasmy, and ApeCoin are seeing increased whale activity as volatility in the crypto industry rises. Floki (FLOKI), a popular meme coin, saw its whale activity increase by 286% in the last seven days.

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.

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.

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.

This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

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.

The initial launch will allow deposit-only functionality with multiple features expected to follow in the first half of 2025.

According to reports from Bitcoin L2Labs, which leads the development of the layer-2 of Bitcoin Stacks, the launch of sBTC has been made official.

Ape Terminal, the platform to have emerged as Web3's most liquid primary market - connected to over $1.7 billion worth of assets and 500,000+ active accounts, growing at over 4,000 active users per day, is all set to host its next big launch, EARN'M.

Stacks (STX), the blockchain project aimed at bringing smart contracts and decentralized applications to Bitcoin, has been experiencing notable upward momentum recently. In the past 24 hours alone, the cryptocurrency has surged by 11.63%, climbing from $2.27 to a high of $2.62 before slightly pulling back to $2.53.

Bitcoin L2 Labs, the core development team behind Stacks, announced the successful mainnet launch of a programmable 1:1 Bitcoin-backed asset, sBTC. It marks a major step toward building an on-chain Bitcoin economy and follows October's Nakamoto Upgrade, which delivered faster transactions and 100% Bitcoin finality to the Stacks network.

STX has experienced a strong upswing over the past month, hiking by 29.42%.

Several events are in the pipeline for the top crypto news this week, including updates in the Fantom ecosystem, the planned release of Stacks' network, project listings and airdrops, and key token unlock events.

The cryptocurrency market witnessed a significant upswing on December 16, with Bitcoin (BTC) hovering around $105K at press time. Earlier, BTC reached an all-time high of $106,400. The broader market followed suit, as major altcoins, including Ethereum (ETH), XRP, and Solana (SOL), recorded steady gains.