$STX is up 17.34% on the week and still sits near $0.3758, so the market is paying for Bitcoin staking before anyone has proven it sticks.
PoX-5 went live on 30 Jul, and the Q2 report claims 1.6 million wallets. Both come from Stacks' own Chainwire releases, so i treat them as the pitch, not an audit.
what i like: a second institutional Bitcoin staking participant got named, and Zest rolled out automated yield vaults on Stacks. those are real names, not roadmap slides. what smells: a monitoring tag headline for increased risk is still on the page. don't skip that one.
Bitcoin staking is a story until the wallets actually stake.
$STX trades at $0.3758 right now, with a 24h range of $0.3715 to $0.3907. if it holds $0.3715, i think the week's run keeps going and it retests $0.3907. if it loses $0.3715, i'm wrong on this and there's nothing to defend, and anyone holding the weekly gain watches it leave.
holding $0.3715 or losing it?
follow me for more calls like this.
PoX-5 went live on 30 Jul, and the Q2 report claims 1.6 million wallets. Both come from Stacks' own Chainwire releases, so i treat them as the pitch, not an audit.
what i like: a second institutional Bitcoin staking participant got named, and Zest rolled out automated yield vaults on Stacks. those are real names, not roadmap slides. what smells: a monitoring tag headline for increased risk is still on the page. don't skip that one.
Bitcoin staking is a story until the wallets actually stake.
$STX trades at $0.3758 right now, with a 24h range of $0.3715 to $0.3907. if it holds $0.3715, i think the week's run keeps going and it retests $0.3907. if it loses $0.3715, i'm wrong on this and there's nothing to defend, and anyone holding the weekly gain watches it leave.
holding $0.3715 or losing it?
follow me for more calls like this.