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Bitcoin-Integrated Altcoin Spikes After Earning Surprise Support From Coinbase
One altcoin that seeks to leverage the power of Bitcoin (BTC) is enjoying bullish price action after getting sudden support from Coinbase, the top crypto exchange in the US.
Dalam pengumuman baharu, Coinbase berkata berdagang untuk Susunan (STX) will begin on Wednesday, January 19th if liquidity conditions are met.
Stacks is an open-source blockchain linked to Bitcoin by its consensus mechanism which spans the two chains, called Proof of Transfer. Through this architecture, Stacks aims to leverage Bitcoin’s security and enable decentralized applications (dApps) to use Bitcoin’s state, despite being a different blockchain.
According to the Stacks laman web, the project aims to bring a series of novel use cases to Bitcoin traditionally reserved for other blockchains.
“The world is converging on Bitcoin as a standard, and demand for use cases around Bitcoin is increasing. There is hundreds of billions of capital locked into Bitcoin, most of it as a passive store of value. Instead of competing with Bitcoin, Stacks can provide novel use cases for holders of bitcoin, Seperti bitcoin-backed loans, bitcoin DeFi or using your bitcoin to trade NFTs.”
Berikutan pengumuman penyenaraian Coinbase, STX melonjak hampir 15% daripada $2.19 kepada $2.53. STX telah pun berada dalam rali awal hari itu, pada satu ketika didagangkan di bawah $2.00. Selepas merekodkan keuntungan 26% dalam masa beberapa jam, STX telah reda dan kini bertukar tangan untuk $2.23 pada masa penulisan.
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Jawatan Bitcoin-Integrated Altcoin Spikes After Earning Surprise Support From Coinbase muncul pertama pada The Daily Hodl.
Sumber asal: The Daily Hodl