💲 The Bitcoin ecosystem just hit a major milestone with the full activation of Stacks Nakamoto upgrade at block 867867. 📝 For those unfamiliar, Stacks is a Layer 2 solution built on top of Bitcoin. 🍿 What You Need to Know About the Nakamoto Upgrade and Bitcoin DeFi: 1️⃣ DeFi Potential: Currently, just 0.012% of Bitcoin is used in DeFi. The upgrade aims to expand Bitcoin-backed lending, stablecoins, and other DeFi functions. 2️⃣ Faster Transactions: Using the Stacks Layer 2, transactions process in under 5 seconds, compared to Bitcoin’s 10-minute block time, without changes to Bitcoin's core. 3️⃣ Security: Nakamoto’s model maintains Bitcoin’s established security level while enabling faster, more flexible transactions. 4️⃣ New Programming Language: Clarity, designed specifically for Bitcoin, allows secure programming for DeFi. 5️⃣ Proof of Transfer (PoX): PoX links Stacks and Bitcoin economically, it let users secure the network by locking STX and earn BTC rewards.

🇺🇸U.S Bitcoin spot ETFs have hit 53% of Gold ETF assets in just 10 months of trading With $70B poured into Bitcoin ETFs in 2024, they're already rivaling the $138B held across 35 U.S. Gold ETFs — which, had a 20-year head start since their launch in 2004. ETF to market cap ratio shows how much demand there is for BTC $70b - $1.4T $140b - $18T