Avalanche to reward devs building layer-1 chains with $40M grant
An Avalanche spokesperson told Cointelegraph that the grant program will reward developers who create layer-1 chains and critical tools on the Avalanche9000 testnet.
Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
An Avalanche spokesperson told Cointelegraph that the grant program will reward developers who create layer-1 chains and critical tools on the Avalanche9000 testnet.
The Central Bank of Ireland is leading calls to democratize finance and boost financial inclusivity by implementing the EUs MiCA regulations, highlighting the countrys priorities.
The Philippines DOST-ASTI introduced blockchain, NFTs and crypto to youth, focusing on real-world applications and fostering innovation for the future.
The Hemi Network team claims tunneling allows Bitcoin and Ethereum to coexist without the attack vectors associated with cross-chain bridges.
RedStone's integration with TON will introduce real-time asset prices, aiming to enhance DeFi, GameFi, and social applications.
Blockdaemon executive Andrew Vranjes said that tax regulations and the lack of uniform regulations across jurisdictions hold back institutions from adopting blockchain.
The Silicon Beach wants to make sure Bitcoin has a place there, with help from a blue-collar-oriented nonprofit.
High school student Selin Alara Ornek creates robot guide dogs for the visually impaired using the NVIDIA Jetson platform, combining edge AI with robotics. (Read More)
According to data from CoinMarketCap, Bitcoin has experienced a turbulent end to August, losing 7.75% of its market value in the final week. This price decline underscores the overall negative performance of the crypto market leader in the last month, with a recorded monthly price decline of 10.64%. Interestingly, amidst this downtrend, the assets historical price data indicates that the bears may retain market control in the coming weeks. Related Reading: How Will The US Upcoming Fed Rate Cut Impact Bitcoin? QCP Analysts Weigh In September Popular For Negative Returns, Analyst Says In an X post on Friday, renowned crypto analyst Ali Martinez has nudged Bitcoin investors to brace up for what could be a tough period in September. Based on historical price data, Martinez notes that Bitcoin commonly records a cumulative negative performance in September as seen in eight of the last 11 years. Over this period, Bitcoin has experienced an average and median price loss of 4.78% and 5.58% in September, respectively. Therefore, investors could expect the premier cryptocurrency to trade as low as $55,618 to 56,105 in the next four weeks. Interestingly, this period of potential price loss could serve as an opportunity for massive BTC accumulation. According to Bitcoin monthly returns, the crypto market leader has previously produced significant price gains in Q4, with recording a cumulative positive performance in October of 9 of the last 11 years. Meanwhile, the month of November may be an investor favorite having recorded net gains of 42.95% (2020) and 53.48% (2017) in the past two bull cycles. Generally, November shows much potential for a significant price increase, with an average price gain of 46.81% since 2013. However, investors may want to exercise caution in December. While Bitcoin has previously recorded gains as high as 46.92% (2020) in December, there have also been significant losses to the tune of 34.81% (2013). Notably, in this last month of the year, the premier cryptocurrency has shown a dual performance to nearly the same extent, recording an average price gain of 5.45% and a median price loss of 3.59%. Related Reading: Analysts Say Now Is the Time to Re-Accumulate BitcoinHeres Why Bitcoin Price Outlook At the time of writing, Bitcoin trades at $59,218 with a 0.84% decline in the last day. Meanwhile, the assets trading daily volume has recorded a 3.05% gain and is currently valued at $33.38 billion According to BTCs daily chart, the crypto market leader is undergoing a price consolidation, a breakout from which could result in a rise to the $65,400 price zone. However, data from the relative strength index indicates that Bitcoin is far from its oversold zone and could be set for further losses. In such a case, investors could prepare for a potential fall to around $53,800. BTC trading at $59,230 on daily chart | Source: BTCUSDT chart on Tradingview.com Featured image from The Cryptonomist, chart from Tradingview
Fabless semiconductor companies focus on design and innovation, offering agility and scalability in a competitive market. Discover their impact on the industry. (Read More)
India has taken a cautious approach to introducing a CBDC, while local authorities have also refused to regulate crypto transactions.
Zuckerberg and Eks concerns highlight the need for balanced regulation of emerging technologies.
Fetch.ai is opening an Innovation Lab in San Francisco for early-stage startups working with AI agents.
Arbitrum Nova, the AnyTrust chain for Web3 gaming and social applications, is now live on Dune, according to dune.com. (Read More)
The fund aims to advance decentralized infrastructure and blockchain adoption and support talent from the US, Asia, Europe and the MENA region.
Senator Scott Wiener defends Californias AI bill, SB 1047, against criticism from Nancy Pelosi and other policymakers, emphasizing the need for oversight beyond tech companies.
a16z crypto offers guidance on token best practices, financial models, and innovation ecosystems, while highlighting recent blockchain advancements in California. (Read More)
Here's what happened during the BitPinas Davao Crypto Community meetup last July 25th, 2024!
a16z crypto discusses regional innovation, entrepreneurial talent, and tech trends with Matt Clifford in a special podcast episode recorded in London. (Read More)
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.