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.
Here is how some of your favorite assets concluded the week.
Exaion, backed by EDF Group, joins Etherlink as a validator, signaling broader institutional interest in Tezos and enhancing network stability.
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.
Exaion, a subsidiary of French electric utility giant EDF Group, is now a validator of Etherlink, the Tezos-powered layer 2 blockchain.
Stables, the Tezos-based fantasy horse racing game, is making its debut in the North American market through a partnership with Equibase, the official supplier of horse racing statistics in the US and Canada. The move marks a significant expansion for the French startup, allowing players to engage with real-life racehorses in a blockchain-powered virtual setting.
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.
Tezos introduces the Trailblazers program, inviting builders, creators, and changemakers to contribute to the ecosystem's growth through various impactful missions.
Tthe OP Stack has remained dominant, with "bridge abstraction" volume surging ahead of Ethereum's next major upgrade.
The company is on a mission to revolutionize blockchain gaming with a sustainable rewards model that benefits loyal players. This fresh funding will fuel the development of innovative Web3 games, starting with Sugar Match, set to launch this summer on Tezos Layer-2, Etherlink.
Skurpy, a new social media hub and NFT marketplace, is set to launch on March 13th, integrating Tezos blockchain technology to offer innovative features for creators and users.
Etherlink has deployed its third protocol upgrade, Calypso, on mainnet to bring a massive performance boost to the Tezos layer 2 network.
Cryptocurrency exchange Binance again captured noteworthy market attention with its latest update on 6 tokens this Tuesday. Notably, the exchange revealed that it is updating the leverage and margin tiers for RARE, AXS, ZEN, XTZ, SAGA, and CATI.
Stacks has created history with its mind blowing hold over the world. The financial system was revolutionized when Stacks started climbing the ladder.
Tezos has experienced big price dips but investors are still optimistic in this blockchain network's native token. Will it survive and recover its price in the future, let's find out.
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.
Tezos' Etherlink unveils Calypso, its third protocol upgrade proposal, promising significant performance improvements and seamless governance integration.
TL;DR Etherlink, a Layer 2 blockchain built on the Tezos network, has officially transitioned from its beta phase to the mainnet. This milestone marks a significant step forward for the platform, which aims to enhance the scalability and efficiency of dApps on Tezos.
Tezos (XTZ) has steadily emerged as a significant player in the cryptocurrency space, known for its energy-efficient blockchain and scalability. Despite facing hurdles early in its journey, the network has made substantial progress and has quickly gained traction within the crypto community.
Story Highlights The live price of the Tezos token is The XTZ price could soar as high as $2.65 in 2025. Tezos price, with a potential surge, could hit $9.36 by 2030. Tezos road to stardom was not an easy one, given the challenges, the coin has fast gained ground.
Tezos (XTZ) emerged in 2018 as a promising blockchain platform focused on decentralized applications (dApps) and smart contracts. Initially, Tezos gained traction for its energy-efficient proof-of-stake (PoS) consensus model, which contrasted sharply with the more power-intensive proof-of-work (PoW) systems.
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.
"We are thrilled to take this next step with the support of our investors," Fraktion's CEO said.
Etherlink's adoption surged with Web3 gaming and DeFi projects, driving NFT growth, while Tezos' Layer 1 activity declined by 5%.
In Q4 2024, Tezos's Etherlink, the EVM-compatible Layer 2 solution, saw its contract deployments surge by 184%.
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.
Tezos (XTZ) has been a prominent player in the crypto space since its inception in 2018. Known for its focus on smart contracts, decentralized applications (dApps), and an eco-friendly proof-of-stake (PoS) consensus mechanism, Tezos has steadily garnered attention.
Tezos (XTZ) has established itself as a significant player in the cryptocurrency space, primarily due to its innovative proof-of-stake (PoS) consensus mechanism. The platform supports decentralized applications (dApps) and smart contracts, making it a strong contender in the blockchain market.
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.
Tezos has activated the Quebec upgrade, introducing faster block times, improved staking, and refined economic mechanisms, strengthening its blockchain performance and decentralization.
Tezos has successfully implemented its 17th protocol upgrade, Quebec, marking another milestone in the blockchain's evolution. The upgrade introduces faster transaction speeds, improved staking mechanics, and refinements to token issuance, all aimed at enhancing the blockchain's functionality and sustainability.
Fresh off completing significant technical upgrades, Ali is now laser focused on growing Stacks' user base.
Investors today are buying cryptocurrencies that hold strong, as this is a major step towards owning digital assets and gaining financial freedom. This was the picture PYTH and TEZOS painted, holding firm in the cryptocurrency market until recently when their prices started dipping.