Avail raises $27M, readies entrance into modular narrative

Ethereum’s roadmap for scaling employs a combination of specialized infrastructure components for disparate steps in the life of a blockchain transaction: execution, transaction ordering, data availability, settlement and consensus, as opposed to an all-in-one solution.

In short, modular vs. integrated.

A chief impediment is the potential degradation of the user experience in the process, as applications run across multiple chains that don’t necessarily talk to each other in anything like real-time.

Avail, known primarily as a provider of data availability (DA) — as the name suggests — has been quietly working on a more holistic suite of solutions to this burgeoning…

Read more on Blockworks

Top Trending Crypto Coins of The Day

BIGCAP COINS:

  1. Ethereum: Market Cap of $375 Billion.
  2. Uniswap: Market Cap of $6.5 Billion.
  3. Render: Market Cap of $2.8 Billion.

MIDCAP COINS:

  1. COTI: Market Cap of $375 Million.
  2. JasmyCoin: Market Cap of $759 Million.
  3. PaLM AI: Market Cap of $56.0 Million.

RISING COINS:

  1. Pepe: Market Cap of $661 Million.
  2. Node AI: Market Cap of $39.8 Million.
  3. SatoshiVM : Market Cap of $40.2 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.

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The Catalyst That Could 'Standardize' Bitcoin

Today in my series called “things people following Bitcoin for the last 13 years have already figured out but I’m presenting as a brand new epiphany”, I wanted to write about a revelation about Bitcoin’s adoption, standardization, and normalization I had this past week. While thinking about what it would take for Bitcoin to receive a massive adoption push in the United States, I was able to think of one such scenario that may not be very far off.

And contrary to what you think, it doesn’t have anything to do with regulation, taxation, accounting standards, or any of the things that are mistakenly talked about as the ebb and flow of Bitcoin adoption on a daily basis. As I learned…

Read more on BitcoinMagazine

Bitcoin’s Revolutionary Role in Today’s Economy

Echoing the intellectual revolution sparked by Albert Einstein, Bitcoin emerges as the modern symbol of financial evolution. Just as Einstein’s relativity forever changed our understanding of time and space, Bitcoin is reshaping the very fabric of economic exchange. Crafted by the mysterious Satoshi Nakamoto, this cryptocurrency is a beacon of autonomy in a world where financial freedom is increasingly coveted. Representing a leap as significant as the apple’s fall that inspired Newton, Bitcoin’s decentralized nature challenges the gravity of traditional banking. Its blockchain technology is the digital equivalent of E=mc²—elegant, powerful, and fundamentally transformative. As society pivots to a digital-first approach, Bitcoin stands at the vanguard, heralding not just a new form of currency but a new era of monetary empowerment. It’s a testament to the indomitable spirit of human ingenuity, a currency not just for our time, but for the future.

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.

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Robert Kiyosaki | I Will Be Happy If Bitcoin Crashes

Renowned financial educator and author Robert Kiyosaki, best known for his book “Rich Dad Poor Dad,” has garnered attention for his unorthodox yet strategic approach to investing, particularly in Bitcoin (BTC). In recent statements across social media platforms, Kiyosaki has shed light on his plans in the event of a potential Bitcoin market crash, emphasizing his belief in seizing opportunities during market downturns.

Robert Kiyosaki’s Approach to Market Crashes

Kiyosaki’s philosophy revolves around viewing market crashes as opportunities rather than setbacks. He boldly states that if Bitcoin were to crash, he would see it as a chance to accumulate more of the digital money once…

Read more on bitcoinnews

Why Bitcoin Will Become Boring

This article is sponsored by Meanwhile

Bitcoiners anticipate “Bitcoinization” driving a shift toward a bitcoin-dominated global economy with its own GDP (Gross Decentralized Product), requiring bitcoin’s evolution from a store of value to a functional currency. Life insurance premiums, contributing 2-3% to the GDP in developed countries, play a crucial role. Meanwhile is leading the charge in this endeavor, building the first life insurance company for the bitcoin economy.

What Is “Bitcoinization”?

In short, “Bitcoinization” refers to the process of bitcoin coming to dominate the global economy. More fully, this would entail the digital asset becoming widely accepted and used…

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EIA | Bitcoin Mining Survey

In a significant development, the U.S. Energy Information Administration (EIA), a statistical arm of the Department of Energy, has decided to temporarily suspend its investigation into the energy consumption of bitcoin miners.

This decision follows a lawsuit filed by Riot Platforms and the Texas Blockchain Council against the department’s scrutiny, marking a pivotal moment in the ongoing debate surrounding the environmental impact of digital asset mining.

Legal Action Prompts EIA to Pause Survey

The EIA made the announcement via an official statement on X post, citing the ongoing legal challenge as the reason behind the suspension. The department assured that during this period, it would…

Read more on bitcoinnews

LATEST: CME’s Bitcoin Futures Open Interest Skyrockets by 58% to $6.8 Billion in February

The Chicago Mercantile Exchange (CME) has witnessed a significant rise in open interest for its Bitcoin and Ether futures, with both cryptocurrencies showing marked investor interest. Bitcoin futures saw a substantial 58% increase, pushing the open interest to $6.8 billion in February. This surge reflects growing confidence among institutional investors in the cryptocurrency as a viable investment vehicle, potentially indicating a bullish sentiment in the market.

Meanwhile, Ether futures outpaced this growth, with an 86% spike in open interest reaching approximately $1.1 billion. Although the absolute value is lower compared to Bitcoin, the percentage increase for Ether is noteworthy, suggesting a rising interest in Ethereum’s potential, especially considering the network’s recent upgrades and growing decentralized finance (DeFi) ecosystem. This trend underscores the diversifying landscape of cryptocurrency investment products on traditional exchanges.

Source

Check Out the Top Crypto Gainers of the Day

$1M – $10M MarketCap:

  1. Amino ($AMO): 31%
  2. EnterButton (ENTC): 30%
  3. Octavia (VIA): 24%
  4. Ideaology (IDEA): 23%
  5. Any Inu (AI): 21%

$10M – $100M MarketCap:

  1. Pluton (PLU): 45%
  2. SatoshiVM (SAVM): 42%
  3. Forgotten Playland (FP): 42%
  4. Trestle (TRESTLE): 39%
  5. Whales Market (WHALES): 35%

$100M – $1B MarketCap:

  1. Verge (XVG): 63%
  2. Ultra (UOS): 34%
  3. Multibit (MUBI): 31%
  4. My Neighbor Alice (ALICE): 30%
  5. Chainflip (FLIP): 23%

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.

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