|All Time High:
|The price of #STX today is $3.00 USD.
The lowest STX price for this period was $0, the highest was $3.00, and the exact current price of one STX crypto coin is $2.99552.
The all-time high STX coin price was $3.39.
Use our custom price calculator to see the hypothetical price of STX with market cap of BTC or other crypto coins.
|The code for Stacks is #STX.
Stacks is 4.2 years old.
|The current market capitalization for Stacks is $4,326,187,262.
Stacks is ranked #28 out of all coins, by market cap (and other factors).
|The trading volume is very large during the past 24 hours for #STX.
Today's 24-hour trading volume across all exchanges for Stacks is $171,069,300.
|The circulating supply of STX is 1,444,217,114 coins, which is 79% of the maximum coin supply.
|STX is integrated with many pairings with other cryptocurrencies and is listed on at least 23 crypto exchanges.
|Note that there are multiple coins that share the code #STX, and you can view them on our STX disambiguation page.
More Stacks (#STX) News
|Stacks Skyrockets 3,028% in Annual Revenue Ahead of Nakamoto Upgrade
Stacks, a Bitcoin Layer 2 solution, had major growth over the last year with a 3,386% quarterly and 3,028% annual increase in its revenue, reaching $637,000.
The market capitalization of Stack's native cryptocurrency, STX, experienced a significant surge of 203% quarterly and an impressive 598% year-over-year, reaching a milestone of $2 billion.
Stacks Q4 Report Reveals 363% TVL Increase
Messari’s “State of Stacks Q4 2023” report pointed to a 363% quarterly increase in total value locked (TVL), which translates to an impressive 773% rise on an annual basis, reaching $61 million. Additionally, the report indicates a remarkable yearly increase in average daily miner revenue by 1,015%, reaching $78,000.
The report highlights Stacks' prominent position within the Bitcoin Layer-2 ecosystem and its prospects for further growth through the Nakamoto upgrade in April 2024.
As detailed in the project's white paper, this upgrade promises significant advancements, including accelerated block times, assured Bitcoin transaction finality, the elimination of forking risks, and a decrease in the maximal extractable value (MEV) associated with Bitcoin.
The Nakamoto upgrade is also bringing about the launch of sBTC, a trust-reduced form of Bitcoin that is bridgeable and operable within the Stacks ecosystem. It will align the decentralized finance (DeFi) experience on Stacks with the functionalities offered by other leading DeFi platforms, enhancing its appeal and utility.
|Is Stacks The New Safe Haven? STX Soars 16% In Turbulent Market
In a stunning divergence from the recent altcoin carnage, Stacks (STX) has emerged as a beacon of green. The token has not only weathered the storm but thrived, soaring for seven consecutive weeks and etching its highest price point since March 2023.
At the time of writing, STX was trading at $1.80, down 10% in the last 24 hours, but managed to sustain a solid 16% rally in the last seven days, data from Coingecko shows.
This bullish defiance is no fluke. Stacks broke through a key resistance level, showcasing investor confidence. The lack of pullbacks underscores the sustained buying pressure, while the flash crash's long wick transformed the once-intimidating barrier into a sturdy support floor.
STX Resilience Amid Market Volatility
Even amid the broader market correction, STX's resilience speaks volumes about its relative strength. While this remarkable ascent undoubtedly excites, prudent skepticism remains.
The rapid climb without pullbacks might trigger a sudden correction, and concerns about potential overheating linger. Ultimately, STX's fate remains intertwined with the overall cryptocurrency market sentiment.
Stacks has surged 694% in the past year, benefiting from the Bitcoin boom and standing out amid a recent decline in altcoins. This growth is driven by a mix of optimism around Bitcoin and Stacks serving as a prominent layer 2 solution for the cryptocurrency.
STX Price Movement Amid Anticipation Of BTC ETF Nod
Meanwhile, the potential approval of a Bitcoin ETF h...
|Social Frenzy: Stacks (STX) Hits 8-Month High, But It Unveiled An Intrig...
In contrast to the majority of cryptocurrencies, which began the week on a downward trajectory, Stacks (STX) deviated from the prevailing trend and registered gains.
Stacks Network's native token, STX, had a strong 600% increase in 2023. Stacks is a noteworthy 2019 SEC-qualified token that functions as a layer-2 Bitcoin protocol for smart contracts.
Stacks Surges: Social Buzz And Growth
Stacks has been the talk of the cryptocurrency community lately, receiving a lot of attention on social media. The altcoin's market value has experienced a notable upswing, having reached a new eight-month high, concomitant with this rise in social volume.
STX's price has increased by more than 30% in the last week, which has been an impressive rise. This increase in social media mentions and the price gain that followed highlight the rising attention and involvement that Stacks is getting, pointing to increased excitement and hope among investors and the cryptocurrency community as a whole.
Furthermore, in the last few hours, the Bitcoin scaling solution minted its first STX-20. The inscription caused a spike in network activity that led to a sharp rise in transactions and brief network congestion.
The upsurge coincided with the excitement surrounding Bitcoin Ordinals and BRC-20. The average transaction amount experienced a record increase earlier this month, rising from $5 to $7.
Because more users were etching non-financial data onto the Bitcoin blockchain, there was an increase in demand...
|Stacks (STX) Soars 26% After Endorsement From Tim Draper
Bitcoin (BTC) layer 2 blockchain Stacks (STX) has soared again after billionaire investor Tim Draper voiced support for the emerging protocol.
Trading for just $1.18 at 7 pm ET on Tuesday, the asset trades for $1.53 at writing time – a 26% rise since the venture capitalist’s comments made the rounds on social media.
The Bitcoin Migration
During an interview with Coin Bureau earlier that day, Draper named Stacks as the first “showstopper” of a crypto project that he learned more about this year.
Launched in January 2021, Stacks is a smart contract and NFT-compatible blockchain that hashes and settles all of its transaction data onto the Bitcoin blockchain. It is effectively a scaling layer for BTC that also enables features better known on other networks – such as smart contracts, decentralized applications, and NFTs.
“Most of what I’ve been investing in have been things that start to move the important applications over to Bitcoin,” said Draper. “I think that’s a very interesting trend, and we think it’s gonna go very much the way Microsoft did.”
As Draper explained, Microsoft bought and developed several internet software applications after seeing smaller software companies succeed at them after several years of experimentation. WordPerfect, for example – a word processing application that peaked in popularity in the early 1990s – was later adopted by Microsoft as Microsoft Word.
|Investors Flock To Stacks (STX) As It Gains 10% Against The Bears &ndash...
Although the market is experiencing an enormous pullback from its month-long rally, a few outliers continue on their upward march. Stacks (STX) is one of the few altcoins that stemmed the bearish tide and even went against the grain of the market. According to Coingecko, the token is up nearly 21% in the weekly timeframe.
However, STX is starting to feel the pressure. As of writing, the token is already down 3% in the past hour. This brings the question of whether STX bulls can continue the rally or will falter along with the others.
A New Project Enters The Fray
In an exciting turn of events, the Stacks Status X account posted an update about network congestion that happened yesterday.
“An exciting new project bringing Ordinals and Stacks closer together launched this weekend. We're thrilled to see it, but flagging that as a result, the network is seeing increased fees and likely congestion,” said the X account on their recent thread.
This event is taken as a sign that Stacks is entering a painful growing phase that may or may not signal a brighter future for the network. However, running alongside this congestion is the most recent blog post of the dev team.
An exciting new project bringing Ordinals and Stacks closer together launched this weekend. We're thrilled to see it, but flagging that as a result, the network is seeing increased fees and likely congestion. If the bulls manage to take this price level, STX will continue to reach h...
|Bitcoin (BTC) Stopped at $42K, Stacks (STX) Skyrockets 33% Daily (Market...
Bitcoin's price went on another offensive hours ago and touched $42,400 for the first time in over a year and a half but has since retraced to under the $42,000 line.
Most altcoins are also in the red today, with SOL dumping the most from the larger-cap alts to $60.
BTC's Recent Run
It's safe to say that the primary cryptocurrency's recent price performance has been quite spectacular. The asset struggled below $38,000 at the start of the month on Friday but started gaining value quite impressively on Saturday and spiked to $39,500.
After a sluggish Sunday, Monday brought even more notable price increases that resulted in BTC breaking above $40,000 for the first time since May 2022.
However, bitcoin didn't stop there; it kept climbing. This culminated in a surge to $42,400 charted hours ago, which became its new highest price tag in 19 months.
As of now, BTC has retraced slightly and sits beneath $42,000. Nevertheless, its market capitalization is still well above $810 billion, and its dominance over the alternative coins has soared to 53% on CMC.
BTCUSD. Source: TradingView
SOL Leads on the Way Down
Most altcoins experienced similar price increases to BTC over the past few days, but the landscape is less favorable now on a daily scale. Ethereum and Binance Coin have both declined by around 2% but still stand above $2,200 and $230, respectively.
Cardano, Tron, Avalanche, and DOGE have dropped by similar percentages, while Ripple, Polygon, Chainlink, and Toncoin have dumped by ...
|Hedge Fund Predicts Stacks (STX) As Best Altcoin In Upcoming Months
North Rock Digital, a player in the digital assets hedge fund arena, recently made a bold prediction regarding the altcoin Stacks (STX). In a statement released on X, the fund highlighted its investment strategy and reasoning for STX being the best altcoin to long at the moment.
'When looking for long ideas, we target those with strong fundamentals, supportive tokenomics, and significant upcoming catalysts. STX stands out with the most compelling catalyst path over the next few months and the greatest chance to rerate,' the fund stated.
In-Depth Analysis Of Stacks’ Prospects
North Rock Digital's full thesis, published on Medium, delves into the details underpinning their positive outlook on STX. The thesis asserts, 'Key developments have brought our initial STX thesis into further focus demand for Bitcoin block-space has solidified, increasing the demand for the product STX is building.'
Significant is the Nakamoto upgrade, scheduled before the Bitcoin halving in April. This upgrade is seen as a pivotal moment for STX, promising dramatic improvements in speed and efficiency, including 5-second block times and support for sBTC, a secure version of wrapped Bitcoin. This development, according to North Rock Digital, positions STX closer to being a true Bitcoin L2.
The hedge fund also points out the broader context within the Bitcoin ecosystem that favors STX. The rising demand for Bitcoin's block space, notably with a 50x spike in network average gas fees this year, along...
|Stacks (STX) Rockets 26% Higher In A Single Week: The Factors At Play
The price of Stacks (STX) experienced a sustained rebound, driven by a prevailing sentiment of positivity within the cryptocurrency sector. STX had a significant increase, reaching a peak of $0.680, which represents the highest value observed since July 14th.
Stacks is a layer-1 blockchain solution aiming to enable smart contracts and decentralized applications on the Bitcoin network without altering its core features, like security and stability.
It operates through the Stacks token (STX), which powers smart contract execution, transaction processing, and asset registration on the Stacks 2.0 blockchain. This enhances Bitcoin's capabilities without requiring a fork or changes to its original blockchain.
Stacks (STX) Racks Up 26% Gain
At the time of writing, STX was trading at $0.640, up 1.5% in the last 24 hours, and registering a solid 26% increase in the last seven days, data from crypto market tracker Coingecko shows.
The surge in STX is attributed to the prevailing optimism among investors on the potential acceptance of a spot Bitcoin ETF by the US Securities and Exchange Commission.
In a recent statement, Gary Gensler affirmed that the agency is currently engaged in an ongoing examination of the various proposals for exchange-traded funds (ETFs).
It is widely anticipated by analysts that the commission is likely to provide approval to proposals put up by established ETF companies such as Blackrock, Invesco, Infidelity and Franklin Templeton.
This expectation is infl...
|Bitcoin Pushes for $27K, While Stacks (STX) Jumps 8% Daily: Market Watch
The cryptocurrency market is going through a period of relative stability without any serious movements over the past 24 hours.
Bitcoin is up 1.3% on the day and is pushing for $27K, but it remains to be seen if the bulls will manage to overcome this significant area.
Bitcoin Price Attempts a Shot at $27K
The past 24 hours saw Bitcoin's price attempt to break the significant psychological and technical area of $27,000.
The bulls were initially able to take the price above the level, but they failed to sustain the buying momentum, and BTC dropped below it, as seen in the chart below.
Bitcoin's dominance - the metric which tracks its share relative to that of the rest of the market - is up by 0.3% in the past day alone. Albeit a small difference, it's considerable, and it shows that the primary cryptocurrency has outperformed the altcoin market over the given period.
Stacks (STX) Leads Altcoin Recovery
Most of the altcoins are trading flat without any major increases (or decreases) in price. From the large-cap cryptocurrencies, Ripple's XRP is down 1.2%, while Solana (SOL) is up 2.9%. Beyond that, most of the others are trading more or less where they were yesterday at this time.
Stacks (STX) is leading the altcoin recovery march across the smaller-cap cryptocurrencies, and it is up around 7.3% in the past 24 hours. The next in line is Optimism's OP token, which is up 6%.
On the other hand, KuCoin Shares (KCS) and Flow (FLOW) are the two wors...
|Stacks (STX) Soars 13% Daily, Bitcoin Stopped at $29K (Market Watch)
After the two-day-long price declines, bitcoin finally went on the offensive hours ago but was stopped before tapping $29,000.
The altcoins, despite being more volatile in nature usually, have remained relatively calm in the past day, with little-to-no movements.
BTC Fails at $29K
The weekend was expectedly calm due to the low trading volumes, and BTC stood mostly around $29,000. This was welcomed relief after the massive rollercoaster that transpired mid-week when the asset pumped and dumped by $3,000 in a matter of a day.
As Sunday was coming to its end, though, the cryptocurrency went on the run again and neared $30,000 for the third time in less than a week. As with the previous attempts, though, this one was halted in its tracks, and bitcoin dumped by almost $2,000 in hours.
The landscape worsened on Tuesday when BTC further fell to $27,650 (6-day low). The bulls finally stepped up at this point and quickly pushed bitcoin back up to $28,000. The past 24 hours saw another leg-up, in which bitcoin neared $28,000.
However, the asset failed to overcome that level and currently sits inches below it. Nevertheless, it's still around 2% up on the day, which has helped its market cap reclaim the $550 billion mark, while its dominance over the alts sits tight at 47%.
It's worth noting that there's likely to be more volatility during the day as the US Federal Reserve is expected to raise the interest rates once again, which has historically resulted in immediate price fluctuations ...
|One Small Change Bitcoin Needs to Unlock Its Programming Potential: Stac...
Stacks CEO Muneeb Ali spoke at Consensus 2023 on Friday about Bitcoin’s potential as a settlement layer, and the revival of developer culture within the community.
Ali noted how a small, specific change to Bitcoin’s base layer could unlock a vast array of applications that can be built via layer 2 technology.
According to the developer, Bitcoin requires “very little modification” at its base layer to enable true “ZK rollups” – a layer two scaling solution for batching transactions that is commonly used on Ethereum.
“They’re just two OP codes,” said Ali, “like either OP STARK verify, or OP SNARK verify – and that can be done.”
Ali doesn’t expect the change to happen for roughly another four to five years, however, given the slow pace at which Bitcoin’s base layer tends to evolve.
Even without those changes, Ali is confident that more development can take place on Bitcoin for it to catch up to more developer-friendly chains. His company Stacks – a self-described Bitcoin layer “1.5” – has developed a protocol called sBTC to bridge BTC from layer 1 to layer 2 chains in a relatively decentralized manner.
“That sort of technology is what’s needed to really kickstart Bitcoin DeFi,” he said. “We need to make Bitcoin programmable in L2s, and then put that BTC in smart contracts, put them in the hands of developers, and then let ...
|Stacks (STX) Soars 7% Daily, Bitcoin (BTC) Reclaims $28K: Market Watch
Bitcoin's price dip below $28,000 seems to be short-lived as the asset has spiked back above that level and even tapped $28,500 hours ago.
The altcoins are also slightly in the green. LDO has recovered some of yesterday's losses, while STX has soared the most.
BTC Returns Above $28K
After the massive volatility last Monday, which brought BTC south by over a grand on fake news surrounding Binance's CEO, the cryptocurrency performed slightly better and calmer in the following days.
The weekly peak came on Wednesday when bitcoin spiked to just under $29,000. However, the bears intercepted the move and pushed the asset south. As such, BTC returned to around $28,000 and spent most of the next several days around that line.
The weekend was calmer, with bitcoin sitting in a tight range between $27,800 and $28,200. The latest dip to the former came yesterday. Nevertheless, BTC initiated a notable leg-up in the following hours, resulting in a brief jump to over $28,500.
Despite losing a few hundred dollars since then, the cryptocurrency still trades above $28,000. Its market cap has neared $550 billion once more, and its dominance over the alts is again at just over 46%.
BTCUSD. Source: TradingView
STX Jumps 7%
Most altcoins were slightly in the red yesterday, but the landscape is exactly the opposite today, with minor gains. Ethereum is 1.5% up on the day and trades at $1,860. The second-largest cryptocurrency registered its highest price tag in eight months last week at over $1,950....
|Stacks Soars 115% Weekly, Bitcoin Eyes $28K: Weekend Watch
Bitcoin initiated yet another leg up in the past 24 hours, resulting in nearing $28,000 for the first time since June 2022.
The altcoins are also well in the green, with ETH reclaiming $1,800, while SOL, UNI, AVAX, and ETC have skyrocketed by up to 14%.
BTC Taps Yet Another 9-Month High
The US banking crisis, which later expanded to Europe as well, harmed bitcoin's price performance at the end of last week as the asset tumbled below $20,000 for the first time in two months. However, the landscape started to change with the start of the new week.
Bitcoin began adding a couple of grand daily, which resulted in breaking above $26,000 on Tuesday. After its initial retracement to $24,000, the cryptocurrency went on a roll once again on Thursday and Friday.
The past 24 hours brought yet another price surge. This time, BTC spiked above $27,000 and even came inches away from tapping $28,000. This became its highest price tag since June 2022.
Despite failing to reclaim that level and dropping by a few hundred dollars, bitcoin is still north of $27,000 and is up by 4.5% on the day. Its market capitalization has touched $530 billion, while its dominance over the altcoins sits just above 45%.
BTCUSD. Source: TradingView
Stacks, Conflux, Mask Network Steal the Show
The altcoins have also charted impressive gains, led by the largest one. ETH has jumped by over 5% in the past 24 hours alone and reclaimed $1,800 for the first time in months.
Binance Coin, Ripple, Cardano, MATIC, Dogecoin, Po...
|Stacks Marks 10-Month Highs Above $1, Bitcoin Eyes $24K Again: Market Wa...
Bitcoin's rollercoaster of around $23,000 and $24,000 continues, as the asset bounced off the former to tap the latter once again in the past 24 hours.
Most altcoins have also turned green today, and, somewhat expectedly, as of late, STX has stolen the show.
BTC Touched $24K (Again)
Last week saw BTC try its hand at taking down $25,000 a few times but to no avail. The asset's inability to overcome that line pushed it south hard, especially after the US PCE data came out for January on Friday.
This resulted in an 11-day low at under $22,800 during the weekend. However, bitcoin began to recover some ground at the start of the working week and pumped to $23,800 on Monday.
Despite being stopped there and driven back down to $23,000 hours later, the cryptocurrency initiated another leg up hours ago. In this one, BTC skyrocketed by around $1,000 and touched $24,000.
Yet, it was unable to conquer that level and now sits just a few hundred dollars below it. Its market capitalization has increased to $460 billion, and its dominance over the alts is at 42.4%.
BTCUSD. Source: TradingView
STX Keeps the Rally Going
The hype around the Ordinals NFT, based on Bitcoin, turned Stacks, due to its relationship with the Gamma marketplace, into one of the best performers for the past few weeks. This trend was only solidified in the last 24 hours, as STX soared by another 16% and even exceeded $1 earlier today to register its highest price tag since the end of April 2022.
Aptos is another notable ...
|Stacks (STX) Soars Another 12%, Bitcoin Flat at $23K: Weekend Watch
After falling by roughly $1,000 and marking a multi-week low beneath $23,000, bitcoin has calmed and sits at just over that line amid low trading volumes.
The altcoins are also quiet today, given the trading volumes, aside from the likes of Stacks and Lido Dao, both of which are up by impressive percentages.
Bitcoin Flat at $23K
Bitcoin tried its hand at taking down $25,000 three times in the past 10 days or so, with the most notable surge coming in the middle of last week as it shot up by $3,500 on Thursday.
The volatility only increased as BTC slipped to under $23,500 shortly after, while the latest attempt at $25,000 came on February 21. Bitcoin briefly jumped above that line but was rejected quickly and fell back down to $23,500.
Following another price pump to $24,600, the US PCE data came out, and bitcoin dropped by almost $1,000 in hours. Thus, it dumped to a 10-day low of $22,800 (on Bitstamp).
The cryptocurrency has recovered some ground and sits inches above $23,000. Its market cap is close to $450 billion, while its dominance over the altcoins is calm at 42.2%.
BTCUSD. Source: TradingView
STX Steals the Show
One of the best performers in the past several weeks has been Stacks because of its relationship with the much-hyped NFT ordinals on the Bitcoin network. STX had skyrocketed by 160% on a weekly scale a few days ago, and there were predictions that it could continue its way up until it becomes a multi-billion dollar token.
The past 24 hours have brought another ...
|Here's Why Stacks (STX) Exploded 160% in a Week
STX - the native token of the Stacks network - has soared by a whopping 160% in the past seven days.
One possible reason behind the significant surge could be the connection between the asset and one of the recent trends in the cryptocurrency space - the Bitcoin NFTs through the Ordinals protocol.
The financial services platform - Matrixport - predicted that STX could rally even more in the near future. The primary reason is the rapidly increasing number of newly-minted ordinals.
STX Price Explodes 160% in a Week
STX - the native cryptocurrency of the Stacks network that brings smart contracts and decentralized apps to Bitcoin - has skyrocketed by nearly 160% in the last week and over 180% in the past month (according to CoinGecko data). It currently trades at approximately $0.87, a valuation last reached in May 2022.
The Stacks blockchain (formerly known as Blockstacks) is a layer 1 blockchain that uses the Proof-of-Transfer (PoX) consensus algorithm. It allows users to validate transactions by holding and staking bitcoin. Once BTC gets transferred, the user is able to mine Stacks blocks and earn STX tokens as a reward.
The network also enables digital asset ownership and is a necessary condition for people willing to trade ordinals on the Gamma marketplace. The venue offers a variety of bitcoin NFTs and is a social platform that brings together collectors and creators of such art. This is likely to be one of the main reasons for STX's increase in price.
|Bitcoin Eyes $25K Again While Stacks Soars 50% on Ordinals Hype (Market ...
In a late Sunday dip, bitcoin dropped below $24,000 but managed to recover most losses and currently sits over $24,500 once more.
Solana has soared the most from the larger-cap altcoins, while Stacks has neared the top 50 following a massive 50% surge.
Bitcoin's Up and Down Weekend Movement
The primary cryptocurrency had dropped all the way down to $21,500 in the middle of last week before it exploded by double digits in a day and soared to a six-month high above $25,000. This was somewhat surprising, given the regulatory scrutiny coming from the United States.
However, the volatility was not yet over, as the asset fell to $23,400 hours later. It began to recover value shortly after, spiking to $25,000 once again.
Although bitcoin had calmed slightly by the time the weekend came, it initiated another leg up to $25,000. As it happened with the previous attempt, though, the bears stepped up and didn't allow any further increases.
Just the opposite, they pushed BTC south to $23,850 (on Bitstamp) on Sunday evening. Nevertheless, BTC bounced off from that line and now sits close to $25,000.
Its market cap is inches above $475 billion, but its dominance over the alts is slightly down on the day to 42.2%.
BTCUSD. Source: TradingView
Stacks Steps Up
The Ordinals NFTs are among the hottest topics in the cryptocurrency community as of late and is somewhat expected that projects related in a way to them will explode in value. This is the case with Stacks today, which has skyrocketed by ...
|theBlock Research Pins Stacks as a Key Player in the BTC Network
Bitcoin is widely considered to be the world's leading cryptocurrency. However, builders can use this technology to develop powerful applications, protocols, products, and services. Several ecosystems emerged on top of Bitcoin over the years, and Stacks continues to note tremendous growth.
The Ongoing Evolution of Stacks
Many people may recall Stacks under its former name of Blockstacks. It is a smart contract layer for Bitcoin tethered to the Bitcoin blockchain through a cross-chain consensus mechanism. The hash of the Stacks state is embedded into every Bitcoin network block. More importantly, Stacks is not limited to Bitcoin's scaling - or lack thereof - as it relies on a different approach to process transactions.
Under the Stacks hood, the network relies on two types of blocks:
Anchor blocks: used to tether Stacks to Bitcoin
Microblocks: powering applications requiring high throughput and low latency. One of the emerging partners through Stacks is Hiro, an organization focused on building Bitcoin applications. They, too, see merit in further scaling Stacks through Hyperchains and increasing the throughput even further. Hiro proposes using trusted federated hyperchains to evolve into a trustless hyperchain solution.
Stacks Adoption Increases Rapidly
The approach by Stacks immediately gained traction since launching its smart contracts in 2021. That resulted in a Total Value Locked increase following the introduction of native-BTC swaps and support for Non-Fungible Tokens...
|Interview With BetFury Marketing & PR Lead Kate Fury, On How The Company...
ONLINE gambling is a multi-billion-dollar business. Multiple countries throughout the world have access to it. As cryptocurrencies became popular, different industries started to offer tokens and other cryptos as payment methods.
BetFury is one of the fastest-rising all-in-one online casinos that offers internally developed products and other well-known traditional casino games that promote fair and responsible gambling.
Kate Fury, Marketing & PR Lead on BetFury, shared with us about the platform, its current development initiatives and objectives as the online gambling industry grows.
Q - The online casino industry is now seeing a boom like never before. But before we delve into how much the sector has flourished, can you tell us a little about how BetFury first entered the gambling scene?
Kate - Our journey began as a Dapp platform on the TRON blockchain. At that time (2019 year), this was the easiest option to attract a starting audience. In addition, our developers had experience in creating simple games on the blockchain. TRON network made it possible to get a convenient entry using a WEB 3 wallet and transactions were very cheap, so for about half a year, we worked exclusively in this direction. High-quality service, fast development and 24/7 friendly support allowed us to get the love of the TRON-audience. After some time, we realized that it was time to enter the global crypto market and our team added the ability to play on top currencies such as Bitcoin, Ethereum, U...
|CoinFLEX CEO Mark Lamb Explains How flexUSD Stacks up to Other Stablecoi...
CoinFLEX creates innovative solutions to bring investors and crypto markets together through intuitive yield products such as flexUSD, the world's first interest-earning stablecoin, and AMM+, the most-capital efficient automated market maker in the world. CoinFLEX is backed by crypto heavyweights, including Roger Ver, Mike Komaransky, Polychain Capital, and Dragonfly Capital.
Mark Lamb is the CEO of CoinFLEX. He recently joined the Bitcoin.com News Podcast to talk about the market:
Mark has been running crypto exchanges for the past 9 years. He discovered bitcoin in 2012 and quickly became one of the largest crypto OTC market makers, before realizing the need for an exchange and creating Coinfloor, the first UK bitcoin exchange.
In 2018, Mark created CoinFLEX, the first deliverable crypto futures exchange and launched flexUSD, the only stablecoin to pay interest. CoinFLEX facilitates billions a day in repo volumes and its yield products (flexUSD and AMM+) have half a billion in capital.
To learn more about the platform follow the team on social media:
Telegram | Twitter | Discord | LinkedIn | Facebook | Youtube | Reddit
The Bitcoin.com News podcast features interviews with the most interesting leaders, founders and investors in the world of Cryptocurrency, Decentralized Finance (DeFi), NFTs and the Metaverse. Follow us on iTunes, Spotify and Google Play.
This is a sponsored podcast. Learn how to reach our audience here. Read disclaimer below.
|Stacks (STX) Surges Upon News of Big Financial Support by OKCoin
If you talk to any cryptocurrency aficionado about DeFi, Dapps, DAOs, NFTs, they are unlikely to think of Bitcoin as the first relevant blockchain, but OKCoin wants to change that.
Today, the Asian exchange announced a partnership with Stacks to bring the highlights of the WEB3 revolution to the Bitcoin blockchain - and the investment to achieve this is strong.
OKCoin and Stack Work Towards a More Advanced, Capable Bitcoin Ecosystem
As OKCoin explained on its social networks, they decided to provide $165 Million to a group of projects aimed at developing decentralized applications on Bitcoin.
The project, which they called The Bitcoin Odyssey, is supported by other venture capital firms such as Digital Currency Group, White Star Capital, GSR, among others.
In an interview for CoinDesk —a crypto news outlet funded by Digital Currency Group— Alex Chizhik, head of listings at Okcoin, explained that the initiative would be jointly managed and would not be taken as an absolute hierarchical structure where all decisions are centralized:
'We don't want to create a centralized fund that allocates dictated amounts. What we want to do is essentially create a matchmaking service between the top-tier VCs and projects.'
Chizhik highlighted Bitcoin's potential as the most decentralized network in the entire ecosystem, asserting that precisely for this reason, it 'should remain at the epicenter of crypto adoption.'
However, it is worth noting that Bitcoin is not Touring-complete...