to establish a Bitcoin-native decentralized finance ecosystem. The Bitcoin Staking model will involve users temporarily locking both BTC and STX to earn rewards in the form of BTC. Users participate in Bitcoin Staking through protocol bonds. This involves users locking up their BTC into time-locked UTXOs (unspent transaction outputs) on the Bitcoin network for a […]
Tag: BTC
Key highlights: The Bitcoin price’s cycle bottom is somewhere near the $48k mark, says Bitwise’s Dragosch. As BTC hasn’t reached its bottom yet, it could see further downside. The $64k-$65k zone remains a critical resistance, according to popular crypto market analyst “Ted”. After posting significant losses in recent days, the The Bitwise analyst also highlighted […]
Key highlights: Michael Saylor says Strategy can sell a portion of its BTC to fulfill obligations. The sale of 32 BTC has triggered fierce criticism by a cross-section of investors. A fresh BTC purchase and a raft of bullish statements by Strategy executives quelled concerns. While the move raised eyebrows among investors and critics poked […]