Marathon yesterday announced their Anduro layer two proposal. While there aren’t really any fundamentally new pieces or developments in the Anduro design, they do compose in slightly different ways compared to other existing sidechain systems such as RSK or Liquid/Elements.

Anduro is a federated model that makes use of a quorum, referred to as the “Collective” in the released documents. The main distinction between Anduro and other sidechain proposals is the explicit design based around the Collective operating and being capable of spinning up and managing multiple sidechains with different architectures. This is not so dissimilar from the concept of drivechains enabled a wider…

Read more on BitcoinMagazine

*This is a developing story*

BlackRock’s spot Bitcoin exchange-traded fund (ETF) is poised to make its debut in Brazil tomorrow, according to a report from the largest financial market news platform in Brazil, InfoMoney. The launch follows the announcement by BlackRock that the Brazilian Depositary Receipts (BDRs) of its iShares Bitcoin Trust ETF (IBIT39) will begin trading on B3, Brazil’s stock exchange, on Friday, according to the report.

“Our digital asset journey has been underpinned by the goal of providing high-quality access vehicles to investors,” said Karina Saade, president of BlackRock in Brazil. “IBIT39 is a natural progression of our efforts over many years and builds on the fundamental…

Read more on BitcoinMagazine

BIGCAP COINS:

1. Bitcoin: Market Cap of $1.2 Trillion.
2. Ethereum: Market Cap of $418 Billion.
3. Solana: Market Cap of $58.2 Billion.

MIDCAP COINS:

1. Pepe: Market Cap of $1.2 Billion.
2. Hooked Protocol: Market Cap of $160 Million.
3. Arkham: Market Cap of $316 Million.

RISING COINS:

1. Sora: Market Cap of $11.3 Million.
2. Pandora: Market Cap of $247 Million.
3. Mog Coin: Market Cap of $174 Million.

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

Join CryptoCrunchApp on Telegram Channels – Click to Join

Bitcoin is making waves in the finance world, reaching an impressive market cap of $1.24 trillion. It’s a significant figure, especially when you look at the values of some of the biggest central banks around the globe. The Federal Reserve leads with $7.8 trillion, and the People’s Bank of China is not too far behind with $5.1 trillion.

In Europe, the Bundesbank has $2.6 trillion, while the Bank of France boasts $2.3 trillion. The Bank of Italy is at $1.5 trillion, and close by are the Bank of Spain with $1.3 trillion and the Bank of England with $1.2 trillion. The Swiss National Bank holds $1.0 trillion, and the Reserve Bank comes in at $0.8 trillion.

Against these giants, Bitcoin stands out because it’s not controlled by any single government or institution. It represents a different way of thinking about money—where anyone with internet access can get involved. It’s about taking the power of money into your own hands, where your financial freedom doesn’t depend on the traditional system of banks and governments. Bitcoin’s rise shows that a lot of people are ready for this new kind of money.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

Join CryptoCrunchApp on Telegram Channels – Click to Join

NASHVILLE, February 29, 2024 – Ledger and Bitcoin Magazine are pleased to announce “10 Steps to Self-Sovereignty”, a new content partnership to help the public understand Bitcoin security tips and best practices and reduce their reliance on trusted third-parties. The content partnership will leverage Ledger’s global security expertise with Bitcoin Magazine’s editorial production and distribution to walk readers through ten ways and reasons to improve their Bitcoin security setup through self-custody.

A core value proposition of the Bitcoin network is the ability for participants to take custody and truly own their share of 21 million bitcoins through the use of cryptography. As…

Read more on BitcoinMagazine

Robert Kiyosaki, renowned for his bestseller “Rich Dad Poor Dad,” has openly praised Bitcoin as it breached the $60,000 threshold, a peak not seen since 2021. This significant rally, which saw Bitcoin ascend by $11,000 in just five days on February 28, was met with jubilation by Kiyosaki, who has been a staunch supporter of Bitcoin over traditional monetary systems and investments. On social media, he lauded Bitcoin for outperforming the “fake” U.S. dollar, attributing to it the revival of monetary integrity.

Kiyosaki’s critique is deeply rooted in the abandonment of the Bretton Woods system in 1971, which disconnected currencies from tangible assets like gold, leading him to question the authenticity of fiat money. Bitcoin, with its limited supply, stands as a beacon of stability and value retention for Kiyosaki and like-minded critics of the current financial regime. This event not only highlights Bitcoin’s growing acceptance but also suggests a pivotal shift towards digital currencies, challenging conventional financial paradigms.

Twitter