You forget that with $100,000 invested in Stacks and doing Stacking you would have earned a 10% APY in satoshis $BTC without KYC from a non-custodial wallet like Xverse.
rlTfuL
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but eg. if last year you invested 100,000 k. BTC it would have been 300,000 at least. Whereas in STX it would have been 98,000 plus 5000 in return so what you get is nothing.
sBTC within the Stacks ecosystem is the bridge that connects BTC with Web3 ✨
sBTC (Stacked Bitcoin) is a token that represents Bitcoin (BTC) within the ecosystem of @Stacks Network , a network that allows smart contracts and decentralized applications secured by Bitcoin. It is a type of synthetic asset, designed to be a one-to-one equivalent with Bitcoin, meaning that each sBTC must have a backing of 1 BTC.
Main features of sBTC
1. Interoperability with Bitcoin: sBTC allows users to interact with decentralized applications (dApps) in <t-169/>#Stacks without losing exposure to the value of Bitcoin. This is possible because sBTC is directly anchored to the value of BTC.
Buy $STX then do stacking without KYC through the non-custodial Xverse wallet and receive rewards in satoshis #Bitcoin This is only allowed by #Stacks 🚀✨
In the coming days? Ummm could expect a performance similar to what $USUAL has been doing, launched last month. That is, that $PENGU reaches a value of $1, at least.
flowermarine
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Bullish
I keep my $PENGU and I will continue to keep it 👊 I believe it will give us good movements next year 🌻🍀
5 significant events about $PENGU that have influenced its price and trend in the market
Since December 20, 2024, several significant events related to the token <t-21/>#PENGU of Pudgy Penguins have been recorded that have influenced its price and trend in the market. The following highlights five relevant news items:
1. Launch and initial price drop of PENGU: Following its launch, the PENGU token experienced an initial rise, followed by a drop of over 50% in its value. This volatility is attributed to selling pressure following a massive airdrop that distributed approximately 70% of the circulating tokens.
$BTC : Beyond the Volatility, a Revolution in Motion 👏
To those feeling anxious about Bitcoin's recent price drop and the ripple effect on altcoins and memecoins: remember that #Bitcoin is more than just a financial asset—it’s a global paradigm shift. Price volatility is a natural part of its growth, but its true power lies in the principles it embodies: decentralization, financial sovereignty, and an escape from the control of the fiat system, which continuously erodes value through inflation.
Bitcoin is the first truly free currency in modern history, powered by a network that cannot be censored or manipulated. Every market cycle has shown us that despite temporary declines, Bitcoin always prevails, breaking previous highs and gaining broader adoption and trust worldwide.
This is a moment to pause and breathe, not panic. Short-term volatility does not define the future of this transformative technology. Keep a long-term perspective, and remember that Bitcoin's fundamentals remain unshaken. Those who understand the shift it represents know that its real value far exceeds today’s price.
If you are worried about the current cryptocurrency crashes, I assure you that there is no need to panic. What you are witnessing is a strategic phase of the market known as Wyckoff accumulation. This method is widely used by large investors or “whales” to accumulate assets at discounted prices from less experienced traders who mistakenly believe that the market is headed for a major crash. Here is how it works: Initially, the price drops significantly, creating fear and uncertainty. It briefly recovers, giving traders hope, only to fall even further afterwards. This pattern repeats itself, with each drop shaking the confidence of those holding the asset. Over time, the price steadily declines until it hits a crucial low point, often referred to as a “triple bottom.” At this stage, many traders, who were once optimistic about the asset’s potential, lose all hope and sell their holdings at a loss, believing that a further decline is inevitable. However, this phase is not the end – it is the foundation of a strong uptrend. Whales take advantage of pessimism to buy at these rock bottom prices. Once they have accumulated enough, the price begins to rise steadily, often resulting in a powerful rally. The key lesson here is patience and perspective. Don't let fear cause you to sell your assets at a loss. This accumulation phase is a common strategy designed to manipulate emotions and transfer wealth from impatient traders to experienced investors. Stay calm, avoid impulsive decisions, and trust the process – this phase often sets the stage for a significant price increase.
Binance Square is pleased to introduce the launch of a new campaign on the Task Center on the Binance App. Users can complete simple tasks daily to unlock a share of $5,000 in USDC token rewards and earn Binance Points.
Activity Period: 2024-12-19 06:00 (UTC) to 2024-12-25 06:00 (UTC)
All eligible users can complete each of the following tasks once every day during the Activity Period.
Tasks: 1. Check in to Binance Square daily.* 2. Create a post with at least 100 characters using the limited-time hashtag (e.g., $BTC) OR selected trading pair. 3. For new Square users who have never posted on Square before the Activity Period, their first post will count as double (i.e., 2 participations).
Notes: Limited-time hashtag and selected trading pair will be refreshed daily at 06:00 (UTC) and will run for 24 hours.
Completion of check-in AND creation of post (either with the hashtag OR the trading pair) counts as 1 participation. Users will need to complete both tasks within the 24-hour window for it to be counted as a valid entry.
Reward per Eligible Participant = Number of Tasks Completed / Total Number of Tasks Completed by All Participants * Reward Pool, capped at $10 per participant.
Terms & Conditions This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order for their entries to be counted as valid. Users will receive a share of the reward pool and Binance Points upon completion of tasks and will be able to redeem their voucher and Points via Profile > Rewards Hub. Token vouchers will be distributed within 21 working days after the campaign ends and expire 14 days after distribution. Points will expire on the last day of the same month a year later on a first-in, first-out basis. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.
Did you know that $STX was the first token approved by the SEC?
Stacks ($STX ) has a unique characteristic in the world of cryptocurrencies: it was the first token approved by the #SEC (U.S. Securities and Exchange Commission) to be sold publicly under a regulated framework. This was achieved because Blockstack PBC, the company behind Stacks, decided to register the #STX offering under Regulation A+ in 2019, a mechanism designed to help startups and small businesses raise funds transparently and legally in the U.S.