Day: September 26, 2024

Avalanche Unveils $40M Grant Program Ahead of ‘Avalanche9000’ Upgrade

“Normally, you ship a big upgrade to testnet, and if everything looks good, you immediately ship it to mainnet, and then you hopefully get adoption for it,” said Luigi D’Onorio DeMeo, chief operating officer at Ava Labs, the main developer firm behind Avalanche, in an interview with CoinDesk. “We kind of want to spin that on its head a little bit, and instead elongate the testnet process and do sort of what you can call an incentivized testnet.” Source

Here Is Why The Bitcoin Bull Run Hasn’t Started, According To Analyst

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The Bitcoin community have been eagerly awaiting the start of a new bull market especially following the recent halving that occurred in April, however, according to a latest analysis from a CryptoQuant analyst under the pseudonym Onchained, that moment has not yet arrived and there is a reason. In the post uploaded on the CryptoQuant QuickTake platform, Onchained’s analysis focused on the Long-Term Holder (LTH) Mourad Ratio, a proprietary indicator that tracks UTXOs (unspent transaction outputs) held for more than six months. This ratio basically helps gauge market sentiment and…

Blockchain Climate Tech Startup Coral Raises $3 Million

Coral, a climate tech startup leveraging blockchain and AI, has secured $3 million in pre-seed funding to expand its operations and enhance its carbon emissions management platform. The funding will enable Coral to open a new office in Abu Dhabi, hire more experts, and improve its AI-powered platform. ‘Full Lifecycle’ Traceability of Carbon Credits Coral, […] Source CryptoX Portal

The necessity to avoid a Bitcoin halving hangover

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Earlier this year, in April, we had the latest Bitcoin (BTC) halving—and now some mining businesses are having a hangover. If they can navigate this and achieve a clear head, how can they avoid a hangover at the next halving? Bitcoin halving is integral to cryptocurrency protocol. It controls the coin’s supply and inflation rate, rewarding miners for validating transactions. Initially, miners earned 50 BTC per block,…