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: ETH
By Jordan Lyanchev Bitcoin’s price experienced a noteworthy uptick over the past hour or so, jumping from $62,300 to a multi-day peak of $63,700. At the same time, oil prices dropped hard from over $91 to under $87 within minutes. The main culprit for this is US President Donald Trump’s statement from less than an […]
Key highlights: BitMine has bought 25,000 ETH for $41 million. The acquisition brings it closer to owning 5% of Ethereum’s total supply. Recent comments from Tom Lee have sparked concerns of a halt in ETH acquisitions. Last week, the company made its largest Ethereum purchases since the start of the year, snapping up 126,971 […]