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Stacks to Launch SBTC in Boost to Bitcoin Defi Ecosystem

Stacks to Launch SBTC in Boost to Bitcoin Defi EcosystemStacks 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. This was stated in an […]

Swiss-Based Hashgraph Group Secures License to Launch $100M Web3 Fund

Analyst Michaël van de Poppe Says One Top-50 Altcoin Primed To Rally 70%, Outlines Path Forward for Bitcoin

Analyst Michaël van de Poppe Says One Top-50 Altcoin Primed To Rally 70%, Outlines Path Forward for Bitcoin

A closely followed crypto analyst says that one top-50 altcoin by market cap is primed for an explosive breakout. Crypto trader Michaël van de Poppe tells his 745,200 followers on the social media platform X that the native token of the Bitcoin (BTC) layer-2 project Stacks (STX) could increase 70% from its current value as […]

The post Analyst Michaël van de Poppe Says One Top-50 Altcoin Primed To Rally 70%, Outlines Path Forward for Bitcoin appeared first on The Daily Hodl.

Swiss-Based Hashgraph Group Secures License to Launch $100M Web3 Fund

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on one top-50 altcoin by market cap while offering his insight on Bitcoin (BTC) and Ethereum (ETH). Starting with Stacks (STX), Van de Poppe tells his 738,800 followers on the social media platform X that the native token of the Bitcoin layer-2 project could […]

The post Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum appeared first on The Daily Hodl.

Swiss-Based Hashgraph Group Secures License to Launch $100M Web3 Fund

Bitcoin Layer 2 Protocol Stacks Achieves New High in Smart Contract Deployments

Bitcoin Layer 2 Protocol Stacks Achieves New High in Smart Contract DeploymentsStacks, the Bitcoin Layer-2 protocol, has achieved a new high in smart contract deployments, with a 30% month-over-month increase. This growth reflects the ongoing efforts of developers to enhance the Bitcoin ecosystem, making Bitcoin a more productive network. The increase in deployments highlights the potential for decentralized finance (defi) on Bitcoin and the innovative projects […]

Swiss-Based Hashgraph Group Secures License to Launch $100M Web3 Fund

Stacks’ smart contracts reach record high ahead of Nakamoto upgrade

Stacks hit a record of over 1,400 monthly smart contract deployments ahead of the Nakamoto upgrade, which is set to revolutionize Bitcoin DeFi and scalability.

Stacks reached a new all-time high in smart contract deployment just days before the much-anticipated Nakamoto upgrade is fully activated. 

Stacks, the Bitcoin network’s smart contract layer, reached a new all-time high of over 1,400 monthly smart contracts deployed.

Stacks announced the record high in a Sept. 7 X post:

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Swiss-Based Hashgraph Group Secures License to Launch $100M Web3 Fund

Lightning Network Protocol Stacks Completes Nakamoto Upgrade With Defi Features

Lightning Network Protocol Stacks Completes Nakamoto Upgrade With Defi FeaturesThe Bitcoin Lightning Network’s Stacks protocol has completed its Nakamoto upgrade, finalizing a series of enhancements that began in April 2024. This latest phase, delivered on August 28, 2024, introduces stronger transaction finality guarantees, reduces miner extractable value (MEV) opportunities, and improves network resilience. Additionally, the upgrade prepares the network for the introduction of sbtc, […]

Swiss-Based Hashgraph Group Secures License to Launch $100M Web3 Fund

Bitcoin’s price rally to $70K could lure buyers to XRP, KAS, STX and JASMY

Bitcoin remains on target to reach $70,000, and if that happens, XRP, KAS, STX and JASMY could find buyers.

Bitcoin (BTC) has recovered sharply from the intra-week lows, indicating a positive sentiment where dips are being purchased. Market analytics firm Santiment said in a X post that the ratio of positive comments to negative comments toward Bitcoin has reached its highest level since March 2023.

While the short-term traders are focusing on a new all-time high for Bitcoin, the long-term investors are projecting uber-bullish targets for Bitcoin. SkyBridge Capital founder Anthony Scaramucci said during the Bitcoin 2024 conference in Nashville, Tennessee, that Bitcoin’s market capitalization will probably overtake the total market capitalization of gold. Bitcoin’s market capitalization is roughly $1.3 trillion, while gold is between $15 trillion-$16 trillion.

Bitcoin’s bullishness did not rub off on Ether (ETH), which is down more than 7% this week. The negative sentiment in Ether is largely due to the net outflows of about $342 million from the Ether exchange-traded funds, per data from SoSo Value.

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Swiss-Based Hashgraph Group Secures License to Launch $100M Web3 Fund

Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1

Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1Bitcoin-based decentralized finance (defi) protocol Hermetica has launched its BTC-backed synthetic dollar, USDH, on Bitcoin’s layer one (L1) through the Runes protocol. The company also announced plans to scale its Bitcoin-native defi operations using layer two (L2) solutions like Stacks. Hermetica Launches BTC-Backed Stablecoin USDH Hermetica‘s USDH offers Bitcoin holders a new way to maintain […]

Swiss-Based Hashgraph Group Secures License to Launch $100M Web3 Fund

SEC Terminates Investigation Into Bitcoin (BTC) Layer-2 Stacks Developer Hiro

SEC Terminates Investigation Into Bitcoin (BTC) Layer-2 Stacks Developer Hiro

The U.S. Securities and Exchange Commission (SEC) is dropping its investigation into the firm behind the popular Bitcoin (BTC) layer-2 chain Stacks (STX). According to a new Form 1-U filing from the SEC, the securities regulator has investigated STX-developer Hiro and decided not to pursue any further actions against the crypto firm. “Termination of SEC […]

The post SEC Terminates Investigation Into Bitcoin (BTC) Layer-2 Stacks Developer Hiro appeared first on The Daily Hodl.

Swiss-Based Hashgraph Group Secures License to Launch $100M Web3 Fund

SEC ends three-year investigation into Bitcoin L2 Stacks and its developer with no enforcement action

The SEC's decision not to pursue enforcement against Stacks highlights the ongoing regulatory uncertainty and the need for clearer crypto guidelines.

The post SEC ends three-year investigation into Bitcoin L2 Stacks and its developer with no enforcement action appeared first on Crypto Briefing.

Swiss-Based Hashgraph Group Secures License to Launch $100M Web3 Fund