Fresh off completing significant technical upgrades, Ali is now laser focused on growing Stacks' user base.
Maker Dao, the decentralized finance (DeFi) platform known for its native token MKR, has been an essential player in the cryptocurrency ecosystem. Recently, the token experienced significant fluctuations, dipping below $2,000 after reaching an all-time high of over $6,300 in May 2021.
The Graph has launched Geo Genesis, a new Web3 application that democratizes knowledge sharing through collaborative spaces and governance tools, making blockchain data accessible to users of all technical skill levels.
Today The Graph launched Geo Genesis, a new application that aims to transform the way knowledge is organized in the Web3 space.
The Graph, the decentralized protocol for blockchain data, has unveiled Geo Genesis, a new application designed to bring web3 knowledge sharing to the masses.
The Graph launches the Geo Genesis service, with the goal of producing human-readable, composable data collections. The Graph remains a key source of Web3 data for app builders.
The Graph (GRT), a blockchain data indexing protocol, has launched Geo Genesis, a new app that allows users to curate and share Web3 knowledge, as reported to Finbold on Thursday, January 9.
Geo Genesis marks the realization of a decentralized platform where knowledge is organized into dynamic, interconnected knowledge graphs.
While American bond yields have surged this week, cryptocurrencies offer investors a good way to benefit from price movement and staking yields. With some Ethereum tokens yielding above 10%, these assets are doing better than bonds and dividend stocks.
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.
Various DeFi protocols generated large amounts of revenue in with many established protocols making revenue figures close to their 2021 highs.
Former MakerDAO team member Sean Brennan has been appointed to lead BioDAO's AI agent business.
MakerDAO's December achievements include a record $1.67 million in single-day fees, helping push earnings to an unprecedented $40.86 million.
Amid the declining market demand for MKR tokens, the growing user base over the MakerDAO network hints at a potential recovery in 2025.
Maker's demand zone lies at the $1,440-$1,480 price levels, where 2,530 addresses purchased the token.
MakerDAO recorded an all-time high in fees and revenue this month, as per DeFiLlama. The DeFi protocol hit day-highs of $1.67 million in fees and $1.18 million in revenue on December 9.
Sky Protocol, formerly MakerDAO, achieved peak monthly fees in December. The lending protocol expanded through its Spark sub-DAO, aiming to regain its previous position among top lenders.
The Graph (GRT) is showing strong potential for growth as it continues to gain traction in the blockchain space. As of now, the live price of The Graph crypto is approximately $0.21.
Story Highlights The live price of The Graph crypto is . The Graph price is expected to go as high as $1.00 in 2025. GRT price with a potential surge could reach a maximum of $3.54 by 2030.
TL;DR Asset tokenization is revolutionizing the connection between blockchain and traditional finance. Chromia, MakerDAO, and Avalanche stand out for their innovation, addressing scalability, transparency, and efficiency in tokenization. These initiatives could redefine markets by 2025, making assets more accessible, secure, and efficient.
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.
Maker (MKR) is drawing significant attention from investors as Ethereum (ETH) shows strong growth, setting the stage for a potential rally in MKR. Following a breakout from a long-term downtrend, MKR is positioning itself for a possible climb toward $5,000 by 2025.
Maker targets $5,000 as Ethereum soars, breaking downtrends with bullish signals and strong holder confidence.
Several altcoins including the native token of the XRP Ledger, Solana's native token SOL, Maker's governance token MKR, and Worldcoin's WLD could soon see significant price surges over a key technical indicator that just flashed buy signals for these.
TL;DR Sky accelerates the migration from Maker to SKY as part of its rebranding to consolidate the new token and eliminate confusion. SubDAOs, referred to as “Stars,” will be introduced to provide operational flexibility and autonomy within the ecosystem.
Sky, previously known as Maker, is fast-tracking the transition from MKR to SKY tokens as part of its ongoing rebrand, which began in August. The post Sky (Formerly Maker) Accelerates MKR to SKY Migration Post-Rebrand to Remove Confusions appeared first on Cryptonews.
MKR, the native token of MakerDAO, has recently shown mixed signals in its price charts, leaving investors wondering if a significant rally is on the horizon. After breaking out of a descending channel, MKR's price has struggled to gain upward momentum.
Rune Christensen, the co-founder of Sky, says the ultimate goal is to turn MKR into a wrapper that represents 24,000 SKY.
Web3 represents the next evolution of the internet, emphasizing user control, privacy, and decentralization, a stark contrast to the traditional web dominated by corporate data control. Utilizing blockchain, Web3 fosters an open, secure environment where users handle their data.
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.
Mixed signals have been prevalent across MKR's price charts lately.
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.
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.
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.
Today, the crypto prices reflect bullish momentum as Bitcoin (BTC) touched a historic all-time high of $106K. Major altcoins like Ethereum (ETH), XRP, and Solana (SOL) also witnessed gains over the last 24 hours.
The price of GOUT has surged over 70% as Ethereum shows signs of reclaiming the $4,000 level. According to CoinGecko data, the price of GOUT has pumped from a 24-hour low of $0.0003233 to as high as $0.
Bitcoin-backed stablecoin USDa currently ranks second among the largest CDP projects, trailing only behind MakerDAO's DAI. The stablecoin issued by Avalon Labs has a total value locked (TVL) of $729 million and a borrow-supply ratio of 48%.
Stacks continues to push the boundaries of possibilities on Bitcoin with a planned launch of SBTC. SBTC to Promote Bitcoin Defi Ecosystem Stacks, a Bitcoin layer two (L2) platform recently teased the impending launch of SBTC, a 1:1 bitcoin-backed asset designed to bridge bitcoin with decentralized finance (defi) and Web3.
Stacks has announced the launch of a 35% annual percentage yield for Hermetica's stablecoin USDh, setting a record for the Stacks DeFi ecosystem. In a recent post on Dec.