New data from tokenomics insights firm Token Unlocks reveals that billions of dollars worth of crypto assets are expected to pour into markets in October. In a new thread on the social media platform X, the market intelligence platform says that $3.46 billion worth of digital assets are scheduled to be unlocked next month, including […]
The post $3,460,000,000 Worth of Crypto Assets Set To Hit Altcoin Markets Next Month, According to Token Unlocks appeared first on The Daily Hodl.
Layer-1 modular blockchain Celestia (TIA) is soaring after the project’s foundation raised $100,000,000 to support the ecosystem. According to the Celestia Foundation, the nonprofit group set up to support the TIA network, the $100 million fundraising was led by Bain Capital Crypto. Other groups contributing to the funding included Syncracy Capital, 1kx, Robot Ventures and […]
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A closely followed crypto analyst says that a clear bull pattern is forming for one artificial intelligence (AI)-focused altcoin while updating his outlook on three other tokens. Pseudonymous crypto trader Altcoin Sherpa tells his 223,300 followers on the social media platform X that a “clear bull trend” is underway for machine learning protocol Bittensor (TAO). […]
The post Analyst Says Clear Bull Trend Underway for AI-Focused Altcoin, Updates Forecast on FET and Two Other Coins appeared first on The Daily Hodl.
The investment round’s backers include Bain Capital, Syncracy Capital, 1kx, Robot Ventures, and Placeholder, bringing Celestia’s total fundraising to $155 million.
The Celestia Foundation has secured $100 million in a funding round led by Bain Capital Crypto, with contributions from investors like Syncracy Capital, 1kx, Robot Ventures, and Placeholder.
According to a Sept. 23 announcement, the capital raised brings Celestia’s total fundraising to date to $155 million after a recent launch as one of the first modular data availability layer protocols.
The startup targets one of the key challenges in blockchain networks: scalability and data availability.
A popular crypto analyst thinks the modular blockchain network Celestia (TIA) will collapse in price over the long term. Pseudonymous analyst Altcoin Sherpa tells his 222,800 followers on the social media platform X that TIA will plunge to below $1 eventually, though he acknowledges it could see some “random short squeezes” before that. “Psyops would […]
The post Analyst Predicts Massive Collapse for Celestia (TIA), Updates Outlook on FET and Two Additional Altcoins appeared first on The Daily Hodl.
Next-gen zero-knowledge proofs are “orders of magnitude” cheaper than existing options, Risc said.
Risc Zero is preparing to launch a service designed to use zero-knowledge (ZK) proofs to bring blockchain security to any off-chain application, according to a Sept. 16 announcement.
Called ‘Boundless’, the service seeks to resolve blockchain’s most vexing scalability challenges — including limits to transaction throughput and cross-chain interoperability— by “bypassing traditional onchain execution limits” with ZK proofs, Risc said.
Boundless is the latest in a proliferation of potential solutions to blockchain’s scalability constraints, which contribute to higher costs and slower execution times for transactions.
Venture capitalist Chris Burniske is reasserting his stance on one of his main altcoin picks for this crypto market cycle. Burniske says on the social media platform X that he’s still loading up on Celestia (TIA) tokens, anticipating a massive recovery despite being 77% down from its all-time high. The investor also says that fear […]
The post Investor Chris Burniske Doubles Down on One Layer-One Altcoin Play While Shorts Pile Up – Here’s Why appeared first on The Daily Hodl.
Investor and former crypto analyst at ARK Invest Chris Burniske says that digital assets are showing subtle signs of an early bull market move. Burniske, a partner at venture capital firm Placeholder, says that modest rallies amid bearish market sentiment bode well for crypto assets. “Continuing to see subtle green shoots, while public sentiment remains […]
The post Venture Capitalist Chris Burniske Says Subtle Signs of Crypto Bull Market Flashing Amid Depressed Sentiment appeared first on The Daily Hodl.
The roadmap comes amid fierce competition in data availability among rivals such as EigenDA and Avail.
Celestia, a layer-1 data availability network, unveiled a technical roadmap charting a path to scaling block size to 1 gigabyte, according to a Sept. 5 blog post.
The roadmap’s core objective is to “relentlessly scale to 1-gigabyte blocks, bringing a massive increase in data throughput to Celestia’s rollup ecosystem,” Celestia said. Blocks are bundles of transaction data grouped together on blockchain.
Celestia’s focus on block size reflects an industrywide push to enhance the scalability of blockchain networks by lowering transaction costs and more efficiently storing and retrieving data. Celestia competes with protocols such as EigenDA and Avail, as well as mainnet Ethereum.
Macro guru and Real Vision CEO Raoul Pal is highlighting one smart contract-enabled blockchain token that he believes has potential. Pal tells his one million followers on the social media platform X that the native token of the layer-1 blockchain Sui (SUI) is “starting to look very interesting from a price perspective.” “…I’m looking at […]
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