Grayscale announced on the X platform that it has now opened 17 Token private sale subscriptions to accredited investors, namely: $AAVE $AVAX $BAT $BCH $TAO $LINK $FIL $LTC $LPT $MKR $NEAR $SOL $STX $XLM $SUI $XRP $ZEC. According to its official disclosure, Grayscale will occasionally reopen private sale subscriptions to accredited investors based on the net asset value (NAV).

Will STX break $2 when the Stacks 8 upgrade is activated in 8 days? Stacks Network is the BTC Layer 2 and one of the largest Decentralized Finance protocols on the most secure platform in the world. Decentralized FinanceLlama states that the platform manages assets worth over $109 million. With the rise of Decentralization Financial Service, it will continue to expand and improve. After more than five years of launch, the network is preparing for one of its most important upgrades: Satoshi Nakamoto. Analysts and platform supporters claim that this update will have a profound impact, especially on its ecosystem. The team stated that the latest update will go live on October 29th. Most importantly, this transition will introduce features that improve throughput and security. In terms of scalability, Stacks may be looking to advance the Ethereum 2nd layer, which can currently handle transactions cheaply and host transaction-intensive dapps. Once upgraded and activated, Stacks will depeg from the approximately 10-minute BTC Block generation speed. After depeg, the platform will process transactions within seconds. This change means that Stacks will handle more transactions, process them faster, and improve user experience. However, the team stated that this depeg does not mean the end of the relationship between stackers and BTCMiner. In the team's view, not only will collaboration be strengthened, but Stacks as a second layer will be more decentralized and therefore more powerful. As Stacks is a layer 2 protocol that relies on BTC for security, all transactions must still be confirmed on the underlying layer. Therefore, although its transaction mining will be separate from layer 1, all transactions will be completed on the BTC Mainnet. This confirmation is irreversible, thereby increasing security and eliminating the risk of transaction reversal. Despite the optimistic upgrade of Nakamoto, the native Token STX has performed mediocrely. From the daily chart, the Token has been in a significant consolidation phase since early July. The price of STX has fluctuated between $1.20 and $2. After a big dump in early August, the Token steadily rebounded, pumping nearly 60%. Nevertheless, to form a pump trend and prompt buyers to take action to recover losses from March to July, it must break through $2. If this uptrend is accompanied by an increase in Trading Volume, it could trigger a higher high, similar to those highs from early Q4 2023 to mid-March. In this case, STX could soar to $4, almost twice the September high. (Source: Dalmas Ngetich)

Alts followed the market and saw a general rise, with SYN rising nearly 50% in the past 24 hours. According to the market data of Gate.io, after the release of CPI news, Altcoins followed the general trend and saw a general rise. Among them: · SYN 24-hour increase 49%, now quoted at $0.8 · IO 24-hour increase by 41%, now priced at $4.94 · BAKE 24-hour increase of 21%, currently priced at $0.37 · INJ 24-hour increase of 17.5%, now quoted at $31.95 · NOT 24-hour increase of 16.7%, current price is 0.018 USD · STX 24-hour increase by 12.4%, now priced at $2.37.

Odaily Planet Daily News: Bitcoin DeFi platform ALEX Lab announced on X platform that all ALEX pools are now open, including GUS, MEGA, LONG, NOT, PEPE, MAX, STX, DIKO, and USDA pools. ALEX Lab Foundation has restored liquidity to ensure smooth trading for users.

Odaily Planet Daily News Bitcoi DeFi platform ALEX Lab announced financial status updates and details of recovered stolen assets, mainly including: 1. 1% of the tokens will be used to pay for the operational expenses of the foundation over the past 3 years. 2. Recently, 3% of the tokens were sold to raise 10 million USDC, of which 7 million will be used for bounty or Treasury Grant projects, and the remaining funds will be used for foundation operations, personnel expenses, marketing, security contracts, and legal fees. 3, 16% of the tokens are currently available. 4. Approximately 4 million STX were sent to 27 different exchanges, of which about 1 million STX cannot be recovered. 5, 10 million STX is suspected to be controlled in several wallets on different chains, and the foundation is making efforts to contact relevant parties.

Grayscale launches two new trusts investing in NEAR and STX Crypto asset manager Grayscale has launched two new investment trusts for Near Protocol (NEAR) and Stacks (STX) available to individual and institutional accredited investors.

According to the data from Stacking DAO, the current Stacking DAO TVL has exceeded 107 million US dollars, with over 52 million $STX staked. At the same time, according to the official blog, the total number of Stacking DAO users has exceeded 34k, and stSTX with a value of over 30 million US dollars has participated in the DeFi protocols in the Stacks ecosystem.

coin Forbes recently questioned the high valuations and inutility of a number of Crypto Assets entities known as "zombies" that have large volume but lack substantial use. Among them, Crypto Assets such as $STX, $ICP, $FTM, $ADA, and $EOS have received special attention. DefiIgnas (co-founder of PinkBrainsio) said the huge valuations of these zombie entities, coupled with the prevalence of speculative trading, have raised concerns about their sustainability. Stacks (STX USD) is an example of this, trading at $2.65 and, despite the high volume, has fallen 4% over the past 24 hours, showing its speculative nature.

Coin World Network reports: STX faces significant resistance near $3.40, similar to Bitcoin's historical barrier. Recent buying activity has shown potential strength and has the potential to drive prices up pump. Technical indicators suggest Bull Market momentum, RSI is close to the Oversold area, and MACD is above the signal line. Stacks is currently at a critical juncture in price action, reminiscent of its previous cycle highs. According to analyst Daan Crypto Trades, a break through the $3.40 resistance may be imminent. Despite the ongoing struggles, buying activity quickly unlocks potential.

Data: Only 6 of the top 50 tokens by market capitalization this year have outperformed BTC, including DOGE, SHIB and STX According to Cointelegraph, TradingView data shows that since the beginning of 2024, only six of the top 50 crypto projects by market capitalization have outperformed BTC, namely DOGE, SHIB, STX, BNB, MNT, and RNDR. The price of Bitcoin has risen from $44,100 on January 1 to $65,000 currently, up 54% year-to-date.

According to TradingView data, since the beginning of 2024, only 6 altcoins in the top 50 crypto projects by market capitalization have outperformed BTC, namely DOGE, SHIB, STX, BNB, MNT, and RNDR. The price of Bitcoin has risen from $44,100 on January 1 to $65,000 currently, up 54% year-to-date. （Cointelegraph）

PANews reported on April 12 that Bitcoin's native lending protocol, Zest Protocol, reported in its latest Twitter update that the protocol experienced an attack yesterday, in which attackers lent more than the value of their positions by artificially increasing the value of their collateral. The attack has been mitigated and all unauthorized access has been disabled. The attackers removed 324,000 STX from the protocol, and this part of the loss will be compensated by Zest Protocol's treasury, and users' assets will be fully compensated. For now, the remaining funds are still protected by the Zest Protocol smart contract, and the attackers have been unable to access them again. In addition, Zest Protocol announced that the protocol is temporarily frozen until further notice, and users' positions will not be affected during this period. And $100,000 will be awarded to those who help find the attackers and funds. Zest Protocol is the first lending marketplace on Stacks written in the Clarity smart contract language.

🔥 [ Narrative Full 100 Coins STX 🔥 ] The Satoshi Nakamoto testnet of Stacks was launched on March 25, and the mainnet is expected to be activated in the last two weeks of May Track the market ✅ Follow 👍 press up #加密货币# #币圈# #BTC# #STX#

STX briefly broke through $3.5 to hit a new all-time high, up 27.15% in 24 hours According to Gate.io market data, STX briefly broke through $3.5 to hit a record high, and is now quoted at $3.41, up 27.15% in 24 hours.