Metaplanet Is Now the Fourth-Largest Public Bitcoin Holder After Latest 5,268 BTC Buy
Metaplanet bought 5,268 BTC, raising its total holdings to 30,823 BTC and making it the fourth-largest publicly traded bitcoin treasury.
AnaisLog in/ Sign up
Don't Miss Out: STX's Monumental Surge Tied to Upgrade Approval and Bitcoin Yield Program
Follow
Stacks (STX), the Bitcoin smart contract platform, has surged over 30% to reach its all-time high following the approval of a significant network upgrade. The token, which enables developers to write smart contracts for the Bitcoin network, saw its prices soar to $3.65 before experiencing a slight pullback.
Stacks Protocol Upgrade Secures Overwhelming Support, STX Prices Surge Expected to Breach Key Resistance Levels
The momentum behind STX's price surge stems from the approval of a major upgrade to the Stacks protocol known as Nakamoto. The upgrade, announced by the Stacks Foundation on March 20, received overwhelming support from the community and governance votes, with over 2,700 accounts voting in favor. Notably, more than 150 million STX tokens from nearly 400 accounts supported the upgrade.
The Nakamoto testnet is scheduled to launch on March 25, with the mainnet activation expected in the last two weeks of May. This upgrade aims to enhance block times and network security, ensuring that transactions on Stacks become as irreversible as those on Bitcoin.
Co-founder of the Stacks protocol announces distribution of approximately $200 million in BTC bonds to users this year
Stacks co-founder Muneeb Ali revealed that around $200 million in BTC yields will be distributed to users this year at current levels. This move highlights STX as the only digital asset offering native BTC yield, promising fast, affordable BTC transactions and full-featured smart contracts on the Stacks L2.
Several Altcoins and Meme Coins Witness Significant Price Surges, with Ethereum and Solana Leading the Market
STX is not the only altcoin experiencing significant gains today. Ethereum and Solana have both seen double-digit increases, with Ethereum surpassing $3,500 and Solana trading at $190 at the time of writing. THORChain (RUNE) also saw a notable increase of around 19% to reach $8.73.
Meme coins, including Dogecoin, Shiba Inu, FLOKI, and PEPE, have also witnessed substantial gains, with FLOKI surging by 42% in a single day.
Gain a broader understanding of the crypto industry through informative reports, and engage in in-depth discussions with other like-minded authors and readers. You are welcome to join us in our growing Coinlive community:https://t.me/CoinliveSG
Add Comment
LoginLeave your comments
0 Comments
Earliest
Load more comments
Related News
- Anais
High-Stakes Crypto-Treasury Strategies Put Over 200 Public Companies Under Investigation for Trading Abnormalities
US regulators are investigating over 200 companies for unusual stock trading ahead of crypto-treasury announcements, suspecting possible insider leaks. The SEC and FINRA are checking compliance with disclosure rules, with potential fines and sanctions if violations are found.
AnaisShareholder Dilution Rises as MicroStrategy Funds $1.1 Billion Bitcoin Buys Through Stock Sales
MicroStrategy bought 196 more Bitcoin, raising its total holdings to 640,031 BTC, but funded most purchases by issuing over 3 million new shares. This share dilution has raised concerns among investors as the company’s stock underperforms despite strong Bitcoin gains.
WeatherlyNew Turkish Bill Could Give Regulators Power to Freeze Bank and Crypto Accounts Linked to Crime
Turkey is preparing a law that would let its financial crime agency, Masak, freeze cryptocurrency and bank accounts linked to illegal activity. The rules also aim to strengthen oversight of crypto exchanges and curb the use of rented accounts and suspicious wallets.
AnaisHistoric Japanese Kimono Maker Marusho Hotta Rebrands as Bitcoin Japan and Launches Corporate Bitcoin Treasury
The company will change its name to Bitcoin Japan Corporation on 11 November 2025. It is launching a Bitcoin treasury business and plans to expand into related financial services.
WeatherlyKevin Durant’s Lost Bitcoin Multiplied 180x Before Recovery… So Why Are Other Coinbase Customers Still Stranded?
Nearly 10 years after losing access to his Coinbase account, NBA legend Kevin Durant has finally regained control of his long-dormant Bitcoin stash. But what began as a feel-good recovery story has unexpectedly stirred anger among Coinbase users who say their own pleas for help have gone unanswered.
XingChiNew Korean Drama ‘To The Moon’ Follows Three Women Chasing Big Wins in South Korea’s Explosive 2017–2018 Crypto Market
A new South Korean drama "To The Moon", follows three women investing in crypto during the 2017–2018 Bitcoin boom. It highlights the country’s $3.15 billion daily retail crypto market and growing regulatory oversight.
JoyTrump Sons Push Crypto Into Public Markets With Nasdaq Launch of American Bitcoin Corp: Could This Give the President Unprecedented Market Influence?
The Trump family’s American Bitcoin Corp started trading on Nasdaq, raising $2.1 billion and holding 2,443 Bitcoins to offer investors regulated crypto exposure. This comes as Donald Trump’s administration eases crypto regulations, boosting family-held digital assets worth over $5 billion.
WeatherlyUS Lawmakers Meet Michael Saylor And Crypto Chiefs To Fast-Track Strategic Bitcoin Reserve Plan: Is The US Ready To Back One Million Bitcoin?
US lawmakers are meeting with crypto leaders to discuss a bill that would let the government buy one million Bitcoin over five years. The plan aims to build a strategic Bitcoin reserve using budget-neutral funding, but it needs wider political support to move forward.
AnaisAltvest Capital Rebrands as Africa Bitcoin Corp and Plans $210 Million Bitcoin Buy to Lead Africa’s Crypto Market: Could This Be Africa’s Bitcoin Breakthrough?
South African company Altvest plans to raise $210 million to buy Bitcoin and rebrand as Africa Bitcoin Corp. The firm aims to hold Bitcoin as a core reserve asset and list on regional and international exchanges.
Weatherly
More news about stems sherpa slides
- BREAKING: #BITCOIN SLIDES UNDER $56,000BullishBearish
- #BREAKING: #BITCOIN PRICE SLIDES UNDER $58,000BullishBearish
- Bitcoin slides, Fed keeps interest rates steadyBullishBearish
More news about stems sherpa slides
SEC's Potential Approval of 19b-4 for Spot Ethereum ETF: What Does It Signify?
Nate Geraci, President of the ETF store, sheds light on the spot Ethereum ETF approval process, emphasizing the significance of SEC's greenlight on both 19b-4s and S-1s. Approval could catalyze mainstream adoption, while delays may heighten regulatory concerns, influencing market sentiment and Ethereum prices.
Xu LinSTX Staking Guide: How to find the right posture to maximize returns?
Stacks has been stuck in its position in the wave of Bitcoin ecological explosion.
JinseFinanceOpinion: Bitcoin price weakness stems from larger macroeconomic concerns
Bitcoin prices are being pressured by interest rate concerns, net outflows from spot Bitcoin ETFs and the collapse of Mt. Gox.
JinseFinanceAltcoin Sherpa Updates Outlook on Altcoins in Bitcoin Ecosystem - Bullish on STX, SEI, and BONK
Crypto trader Altcoin Sherpa expresses bullish sentiment on Stacks (STX), with an entry point around $1.75, anticipating significant upside. The analyst also notes an uptrend for The Sei Network (SEI), suggesting consolidation around $0.58. For Bonk (BONK), potential upward movement is anticipated, with price targets at $0.0000163 and $0.0000180ish. Altcoin Sherpa's analysis provides insights for traders in the altcoin space within the Bitcoin ecosystem.
Huang BoBitcoin's Total Hashrate Slides Lower in Dec as BTC Miners Struggle for Profits
Presently, the total hashrate dedicated to the Bitcoin network is coasting along at 236 exahash per second (EH/s).
Bitcoin.comChinese Investors Could Snap Up Cryptocurrencies as Yuan Slides
Yuan fell to a 14-year low against the U.S. dollar early Wednesday.
CoindeskWant Early Retirement? Uniglo.io (GLO), Chiliz (CHZ), And Stacks (STX) Likely To Get You There
In today's era, early retirement is more popular and attainable than ever before. Everyone wants to have more time to ...
BitcoinistBitcoin slides below $44K in April first as trader warns ‘something is off’ with BTC
All is not going to plan for bulls, warnings say, as $44,000 support hangs in the balance.
CointelegraphBitcoin price slides below $40K following a ‘lackluster’ breakout
BTC price tumbled back under $40,000 as on-chain metrics indicate dwindling demand from new investors, while long-term holders largely dominate the market.
CointelegraphApeCoin slides 40% in 3 days despite Otherside metaverse land sale — Here’s why
APE price could see more downside in the coming days as the Otherside hype cools down.
Cointelegraph