Stacks

Trader Unveils List of Five Strong Altcoins Including Injective Amid Choppy Market Conditions

June 11, 2024 The Daily Hodl

Altcoin Sherpa

A closely followed crypto analyst is listing five altcoins he believes are showing strength despite the choppy market conditions. Pseudonymous crypto trader Altcoin Sherpa tells his 217,200 followers on the social media platform X that layer-1 protocol Injective (INJ), cross-chain protocol Wormhole (W), data democratization project JasmyCoin (JASMY), Bitcoin (BTC) layer-2 scaling solution Stacks (STX) […]

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Crypto Asset Management Giant Grayscale Launches New Trusts for Ethereum Competitor and Bitcoin Layer-2 Project

May 24, 2024 The Daily Hodl

Altcoins

The world’s largest digital asset manager is unveiling two new crypto investment trusts for Ethereum (ETH) rival Near Protocol (NEAR) and Bitcoin (BTC) layer-2 project Stacks (STX). In a statement, Grayscale Investment says Grayscale Near Trust and Grayscale Stacks Trust are now available for daily subscription by eligible individual and institutional investors. The new investment […]

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Legendary Investor Tim Draper Leads Bitcoin Lending Protocol Zest’s $3.5 Million Seed Round

May 17, 2024 Bitcoin.com

Bitcoin

Draper Associates, the VC firm led by the legendary investor Tim Draper, has led the $3.5 million seed round of Zest Protocol, a Stacks-based Bitcoin lending market. The round, which also had the participation of Binance Labs, Flow Traders, Trust Machines, and others, seeks to allow bitcoin holders to put their capital to use using […]

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Stacks Launches Nakamoto Upgrade to Enhance Bitcoin L2 Functionality

April 24, 2024 Bitcoin.com

Bitcoin

Stacks has initiated the rollout of its Nakamoto upgrade introducing improvements to its Bitcoin layer two (L2) solution. The upgrade aims to bolster transaction speed and security, potentially revitalizing interest in Bitcoin’s extended capabilities. Stacks Initiates Nakamoto Upgrade, Targets Enhanced Bitcoin Scalability Stacks, an L2 protocol addressing Bitcoin’s scalability challenges and expanding its blockchain functionalities, […]

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Pantera Capital Records 66% Gain in Q1 for Liquid Crypto Fund – Here’s Some of Its Altcoin Positions: Report

April 7, 2024 The Daily Hodl

AEVO

Crypto hedge fund Pantera Capital, which has over $5 billion in assets under management, has reportedly seen its Liquid Token Fund appreciate by 66% during Q1 2024. According to a new report by Bloomberg, Pantera Capital’s $300 million crypto fund ended the first quarter with massive gains due to the rise of digital assets such […]

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Economist Alex Krüger Says Bitcoin All-Time Highs Coming Soon, Predicts 4x Move for One Layer-One Altcoin

April 1, 2024 The Daily Hodl

Altcoins

Closely followed trader and economist Alex Krüger says new all-time highs for Bitcoin (BTC) are likely just around the corner. Krüger tells his 169,000 followers on the social media platform X that the daily market structures of several large-cap crypto assets are all clearly bullish. Based on the charts, Krüger says he’s expecting a new […]

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Stacks Accelerates Toward Mainnet With Strategic Nakamoto Testnet Rollout 

March 26, 2024 Bitcoin.com

bitcoin.com

The layer two (L2) project Stacks has officially released its public Nakamoto Testnet, offering a refined testing ground for developers and signers ahead of the mainnet launch. Stacks Introduces Nakamoto Testnet for Comprehensive Pre-Mainnet Testing In a significant step forward for the Stacks ecosystem, the Nakamoto Testnet has been introduced, providing a formal and public […]

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Bifrost and Stacks Foundation Team up to Enhance Bitcoin Utility

March 15, 2024 Bitcoin.com

bitcoin.com

In a recent development, the Bifrost Foundation has allied with the Stacks Foundation to explore new opportunities within the Bitcoin ecosystem. This partnership is dedicated to harnessing Bitcoin’s potential by introducing innovative use cases and improving interoperability with assets and protocols based on Bitcoin. Bifrost and Stacks Foundation Partner to Expand Bitcoin Ecosystem On Thursday, […]

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Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Bifrost and Stacks collaboration unlocks Bitcoin-based yield and stablecoin usage

March 14, 2024 The Crypto Briefing

Bifrost and Stacks unveil a partnership to bring Bitcoin staking and a new stablecoin, BtcUSD, to enhance the Bitcoin ecosystem.

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Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Two Crypto Projects Will Likely Outperform the Market This Coming Cycle: Pantera Capital Analysts

March 3, 2024 The Daily Hodl

Altcoins

Analysts at crypto hedge fund Pantera Capital are naming two altcoin projects they’re optimistic about for the bull run. In its latest Blockchain Letter, Pantera analysts Cosmo Jiang and Erik Lowe say they are looking for crypto projects that are gaining fundamental traction. “Tokens [with] underlying protocols that have product market fit, are guided by […]

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