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via Bitcoin Magazine · By Bitcoin Magazine Editorial

UTXO Enters Bitcoin Staking On Stacks, Targets BTC Yield

BTC

BTC/USDT

$62,683.99
-1.05%
24h Volume

$17,388,609,921.61

24h H/L

$64,243.75 / $62,477.04

Change: $1,766.71 (2.83%)

Long/Short
63.4%
Long: 63.4%Short: 36.6%
Funding Rate

+0.0038%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,624.00

-1.17%

Volume (24h): -

Resistance Levels
Resistance 3$67,369.22
Resistance 2$65,566.32
Resistance 1$63,798.97
Price$62,624.00
Support 1$61,908.07
Support 2$60,573.90
Support 3$57,800.19
Pivot (PP):$62,970.49
Trend:Downtrend
RSI (14):47.4
BM
Bitcoin Magazine Editorial
(03:16 PM UTC)
1 min read
EW
Approved byEmily Watson
860 views
0 comments

Bitcoin-native asset management company UTXO Management has become one of the first institutional participants in Bitcoin Staking on the Stacks network, marking a notable shift in how corporate Bitcoin holdings may be used.

The initiative introduces a structure that allows institutions to earn bitcoin-denominated yield without transferring custody or moving assets off the Bitcoin base…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Bitcoin Magazine Editorial · Bitcoin Magazine

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