The crypto market capitalization pushed above $3.50 trillion on Thursday after rising 2.29%, an increase of over $150 billion in 24 hours. Bitcoin (BTC) continued its upward trajectory, briefly reaching $102,000 before a marginal drop to its current level of $101,482.
Meter, a Layer-1 (L1) blockchain known for its work on consensus and cross-chain infrastructure, has unveiled Supernova Core, a new open-source consensus framework compatible with the Cosmos (ATOM) source development kit (SDK), as reported to Finbold on Thursday, January 16.
Fresh off completing significant technical upgrades, Ali is now laser focused on growing Stacks' user base.
Babylon, developer of the largest BTC staking protocol, is teaming up with Bitcoin developers Fiamma to build a trust-minimized bridge using BitVM2
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.
Cosmos Network developers have recently sold off Bitcoin, increasing market pressure and sparking concerns over price stability. The move has drawn significant attention from the crypto community, given the scale of the sales and their potential impact on the broader market. With 295.3 BTC worth $27.8 million sold at a price of $94,410.
Cosmos Network developers have made significant moves with their crypto holdings, transferring 295.3 Bitcoin (BTC), valued at approximately $27.7 million, from funds raised during their 2017 Initial Coin Offering (ICO). This marks the first transfer of Bitcoin by the team in nearly two years, according to blockchain analyst Yu Jin.
Cosmos is stirring curiosity with its bold plans for 2025. Known as the “Internet of Blockchains,” Cosmos aims to tackle some of the blockchain industry's toughest problems. But here's the twist: recent fund movements—worth millions—have people wondering if these financial shifts are fueling a much bigger plan.
According to on-chain analyst Yujin, the Cosmos Network developers transferred 295.3 Bitcoins. It is the first large-scale transfer to be seen in almost two years.
TL;DR Cosmos unveiled its roadmap for Q1 2025, focusing on improving the security, performance, and scalability of its Hub and the evolution of the Interchain Stack. The focus will be on optimizing scalability and security, as well as potentially removing the LSM module and increasing audits to achieve robust performance.
The Cosmos roadmap identifies enhancing the security, performance, and scalability of the Cosmos Hub.
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.
Story Highlights The live price of the Cosmos token is . The Cosmos price could reach a potential high of $10.24 by the end of 2024. ATOM price could reach a potential high of $56.71 by the year 2030. Cosmos (ATOM) price boomed recently and surprised many, including many big hands.
Stacks (STX) tumbled by 26% in a week, approaching the critical $1.75 support within a bullish channel.
Bitcoin (BTC) plunged below $100,000 following Federal Reserve Chair Jerome Powell's comments on reducing rate cuts in 2025, rattling investors and leading to a massive selloff across asset classes.
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.
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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.
Atom Accelerator (AADAO), a decentralized autonomous organization (DAO) on Cosmos Hub (ATOM), and Neutron, Cosmos' integrated application network, have each pledged $250,000 to support the development and maintenance of Confio's CosmWasm in 2025, as reported to Finbold on Tuesday, December 17.
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%.
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.
The Cosmos ecosystem is entering a new chapter with the Interchain Foundation's (ICF) acquisition of Skip and the establishment of Interchain Inc. The move represents a pivot from the ICF's historical funding of disparate teams toward a more centralized and cohesive approach.
The Interchain Foundation has made a strategic move by acquiring Skip, transforming it into Interchain Inc., in an effort to centralize development and revitalize the Cosmos ecosystem's vision of blockchain interoperability.
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Skip will lead ICF's "product, protocol, and go-to-market strategy work" as the organization doubles down on Cosmos' growth.
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.
Story Highlights The live price of the Stacks token is . The Stacks price could reach a high of $3.22 in 2024. With a potential surge, the price may hit $13.93 by 2030. The surge of STX price at the beginning of 2024 has hit a stumbling block, with resistance forming above the $3.665 level.
USDN is the first digital dollar customized for the ecosystem.
Will the upcoming sBTC upgrade in mid-December boost STX's price?
Namada, a privacy-focused Layer 1 blockchain developed using Cosmos SDK, has officially launched its mainnet.
Cryptocurrencies have done better than American stocks this year. Bitcoin has more than doubled, while smaller meme coins like Dogwifhat and Popcat have minted many millionaires.
Stacks users can now do more with their STX tokens thanks to a partnership between Velar and Stacking DAO.
Velar is teaming up with StackingDAO to inject more liquidity into the market to support “Stackers”, or those who stake STX crypto to support the Stacks Layer-2 blockchain.
This is a big step before sBTC goes live on the mainnet, which is the real deal. Think of it like a rehearsal before the big performance.
Stacks (STX), a unique blockchain network designed to bring smart contract functionality to Bitcoin, has garnered significant attention within the cryptocurrency space. Unlike most blockchain platforms, which use traditional proof-of-work (PoW) or proof-of-stake (PoS) mechanisms, Stacks employs a Proof-of-Transfer (PoX) model.
Cosmos (ATOM) has experienced a remarkable surge, rising by nearly 65%. This upward movement has brought the altcoin above significant technical levels, including the critical 200-day Exponential Moving Average (EMA), which is often seen as a key indicator of long-term trend reversals.
A large liquidation of Ethereum holdings has been observed from the Cosmos developer Interchain Foundation, with another 3,000 ETH ($10.16M) sold from their 2017 ICO reserves. This continues a pattern of sales that has seen 21,600 ETH ($55.97M) liquidated since April 2024, with an average selling price of $2,591 per ETH.