{"id":460312,"date":"2021-04-02T20:58:28","date_gmt":"2021-04-02T20:58:28","guid":{"rendered":"https:\/\/ktsl888.com\/?p=460312"},"modified":"2021-04-02T20:58:28","modified_gmt":"2021-04-02T20:58:28","slug":"how-avalanches-bridge-to-eth-and-btc-could-take-over-defi","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/","title":{"rendered":"How Avalanche\u2019s bridge to ETH and BTC could take over DeFi"},"content":{"rendered":"

Conceived as a blockchain ecosystem to launch DeFi and DApss and supported by a 3rd generation consensus protocol, Avalanche has recorded one of its best weeks since its launch. The fundamentals of its native token AVEX remain strong and as it gains more attention in the crypto space,<\/a> it looks poised for another rally.<\/p>\n

Ava Labs CEO Emin G\u00fcn Sirer confirmed that the platform recorded close to 1 million transactions on its smart contract blockchain. The surge in transaction volume, as reported by Sirer, occurred in the last two months adding that “Avalanche is becoming the most advanced public-goods layer-1.”<\/p>\n

The platform was deployed with the capabilities to be “highly scalable and interoperable” even for corporate use. In that regard, Sirer stated that compatibility with Ethereum’s Virtual Machine has become a must-have for Avalanche and any other project looking to stay competitive in the DeFi and the layer-1 space.<\/p>\n

Outlining how investors have been able to take advantage of Avalanche’s features in combination with Ethereum, Sirer said<\/a>:<\/p>\n

Multiple bridges enable assets to flow between the Avalanche and Ethereum ecosystems, putting users in-control of their DeFi strategies and exposure to fees. Just six months after the mainnet launch, this design and unique approach to interoperability is fueling the network\u2019s first big wave of growth in users, applications, and assets.<\/p><\/blockquote>\n

Bridge to Bitcoin and competing in DeFi<\/h2>\n

High fees on Ethereum’s blockchain have caused a migration of users to lower-cost alternatives. Sirer argues that Avalanche is, along with Binance Smart Chain, one of the platforms that have seen a significant increase in user activity.<\/p>\n

Avalanche to Ethereum (AEB) interoperable bridge was launched in early February and, since then, records a total of 970,000 transactions with its smart contract, 58,000 unique wallets created and $110 million in assets transferred, according to data shared by Sirer. Ava Labs CEO added:<\/p>\n

API Requests are also skyrocketing, demonstrating that it\u2019s not just a few whales diving in, but a rapidly developing DeFi ecosystem on Avalanche. Just last week, Avalanche APIs received 792.65M requests, including a period of 46.6M in just 3 hours.<\/p><\/blockquote>\n

It is expected that new bridges will be created between Avalanche and other blockchains, including one with Bitcoin, already in a test phase. More than 50 projects are working on the platform, with participation from Chainlink, SushiSwap, Fulcrum, among others.<\/p>\n

In addition, Sirer reports rapid growth of automated marker makers and yield farms operating on Avalanche with Complus Network, YetiSwap, and others amassing a total of 6% of AVAX’s market capitalization. Sirer said:<\/p>\n

Avalanche is leading the way in creating entirely new crypto assets like Initial Litigation Offerings, which unleashes the $10B asset class of litigation financing from the clutches of a privileged class of investors and into an open, fair, and transparent marketplace.<\/p><\/blockquote>\n

Avalanche’s platform has implemented improvements such as Sharding, Signature-separated transaction format, support for Bech32 addresses, transaction fee burning. Therefore, Avalanche is emerging as one of the strongest competitors to take the DeFi crown.<\/p>\n

Native token AVEX has posted an 11.2% increase on the weekly chart and trades at $28.74. After a pullback from its high at $55, AVEX has plenty of room for future growth<\/a>.<\/p>\n

\"Avalanche
AVAX with small gains on the 24-hour chart. Source: AVAXUSDT Tradingview<\/a><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

Conceived as a blockchain ecosystem to launch DeFi and DApss and supported by a 3rd generation consensus protocol, Avalanche has recorded one of its best weeks since its launch. The fundamentals of its native token AVEX remain strong and as it gains more attention in the crypto space, it looks poised for another rally. Ava Labs CEO Emin G\u00fcn Sirer confirmed that the platform recorded close to 1 million transactions on its smart contract blockchain. The surge in transaction volume, as reported by Sirer, occurred in the last two months adding that “Avalanche is becoming the most advanced public-goods layer-1.” The platform was deployed with the capabilities to be “highly scalable and interoperable” even for corporate use. In that regard, Sirer stated that compatibility with Ethereum’s Virtual Machine has become a must-have for Avalanche and any other project looking to stay competitive in the DeFi and the layer-1 space. Outlining how investors have been able to take advantage of Avalanche’s features in combination with Ethereum, Sirer said: Multiple bridges enable assets to flow between the Avalanche and Ethereum ecosystems, putting users in-control of their DeFi strategies and exposure to fees. Just six months after the mainnet launch, this design and unique approach to interoperability is fueling the network\u2019s first big wave of growth in users, applications, and assets. Bridge to Bitcoin and competing in DeFi High fees on Ethereum’s blockchain have caused a migration of users to lower-cost alternatives. Sirer argues that Avalanche is, along with Binance Smart Chain, one of the platforms that have seen a significant increase in user activity. Avalanche to Ethereum (AEB) interoperable bridge was launched in early February and, since then, records a total of 970,000 transactions with its smart contract, 58,000 unique wallets created and $110 million in assets transferred, according to data shared by Sirer. Ava Labs CEO added: API Requests are also skyrocketing, demonstrating that it\u2019s not just a few whales diving in, but a rapidly developing DeFi ecosystem on Avalanche. Just last week, Avalanche APIs received 792.65M requests, including a period of 46.6M in just 3 hours. It is expected that new bridges will be created between Avalanche and other blockchains, including one with Bitcoin, already in a test phase. More than 50 projects are working on the platform, with participation from Chainlink, SushiSwap, Fulcrum, among others. In addition, Sirer reports rapid growth of automated marker makers and yield farms operating on Avalanche with Complus Network, YetiSwap, and others amassing a total of 6% of AVAX’s market capitalization. Sirer said: Avalanche is leading the way in creating entirely new crypto assets like Initial Litigation Offerings, which unleashes the $10B asset class of litigation financing from the clutches of a privileged class of investors and into an open, fair, and transparent marketplace. Avalanche’s platform has implemented improvements such as Sharding, Signature-separated transaction format, support for Bech32 addresses, transaction fee burning. Therefore, Avalanche is emerging as one of the strongest competitors to take the DeFi crown. Native token AVEX has posted an 11.2% increase on the weekly chart and trades at $28.74. After a pullback from its high at $55, AVEX has plenty of room for future growth.<\/p>\n","protected":false},"author":535,"featured_media":460313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,83405,13625],"tags":[9885,83347,83609,1119,8323],"class_list":["post-460312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-defi","category-ethereum","tag-avalanche","tag-avax","tag-avaxusdt","tag-btc","tag-eth"],"acf":[],"yoast_head":"\nHow Avalanche\u2019s bridge to ETH and BTC could take over DeFi<\/title>\n<meta name=\"description\" content=\"Conceived as a blockchain ecosystem to launch DeFi and DApss and supported by a 3rd generation consensus protocol, Avalanche has recorded one of its best\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Avalanche\u2019s bridge to ETH and BTC could take over DeFi\" \/>\n<meta property=\"og:description\" content=\"Conceived as a blockchain ecosystem to launch DeFi and DApss and supported by a 3rd generation consensus protocol, Avalanche has recorded one of its best\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-02T20:58:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/Avalanche.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"843\" \/>\n\t<meta property=\"og:image:height\" content=\"548\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Reynaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@rl_m\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Reynaldo Marquez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/\"},\"author\":{\"name\":\"Reynaldo Marquez\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/6b25e0bbb04d6129ebb4d\"},\"headline\":\"How Avalanche\u2019s bridge to ETH and BTC could take over DeFi\",\"datePublished\":\"2021-04-02T20:58:28+00:00\",\"dateModified\":\"2021-04-02T20:58:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/\"},\"wordCount\":553,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/Avalanche.jpg?fit=843%2C548\",\"keywords\":[\"Avalanche\",\"AVAX\",\"AVAXUSDT\",\"btc\",\"ETH\"],\"articleSection\":[\"Cryptocurrency Market News\",\"DeFi\",\"Ethereum\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/\",\"url\":\"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/\",\"name\":\"How Avalanche\u2019s bridge to ETH and BTC could take over DeFi\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/Avalanche.jpg?fit=843%2C548\",\"datePublished\":\"2021-04-02T20:58:28+00:00\",\"dateModified\":\"2021-04-02T20:58:28+00:00\",\"description\":\"Conceived as a blockchain ecosystem to launch DeFi and DApss and supported by a 3rd generation consensus protocol, Avalanche has recorded one of its best\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/Avalanche.jpg?fit=843%2C548\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/Avalanche.jpg?fit=843%2C548\",\"width\":843,\"height\":548,\"caption\":\"Source: Unsplash\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How Avalanche\u2019s bridge to ETH and BTC could take over DeFi\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/6b25e0bbb04d6129ebb4d\",\"name\":\"Reynaldo Marquez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/036a3927a22f63e491c08a08c3641ece?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/036a3927a22f63e491c08a08c3641ece?s=96&d=mm&r=g\",\"caption\":\"Reynaldo Marquez\"},\"description\":\"A literature major, Reynaldo M\u00e1rquez has been deeply immersed in the crypto industry since 2017. His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide. In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride. He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times. In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson\u2019s \u2018Neuromancer.\u2019 The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau\u2019s \u2018Civil Disobedience.\u2019 But that\u2019s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term. In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry. Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/reynaldo-mrquez-2ab111190\/\",\"https:\/\/x.com\/rl_m\"],\"url\":\"https:\/\/ktsl888.com\/author\/reynaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"How Avalanche\u2019s bridge to ETH and BTC could take over DeFi","description":"Conceived as a blockchain ecosystem to launch DeFi and DApss and supported by a 3rd generation consensus protocol, Avalanche has recorded one of its best","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/","og_locale":"en_US","og_type":"article","og_title":"How Avalanche\u2019s bridge to ETH and BTC could take over DeFi","og_description":"Conceived as a blockchain ecosystem to launch DeFi and DApss and supported by a 3rd generation consensus protocol, Avalanche has recorded one of its best","og_url":"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2021-04-02T20:58:28+00:00","og_image":[{"width":843,"height":548,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/Avalanche.jpg","type":"image\/jpeg"}],"author":"Reynaldo Marquez","twitter_card":"summary_large_image","twitter_creator":"@rl_m","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Reynaldo Marquez","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/"},"author":{"name":"Reynaldo Marquez","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/6b25e0bbb04d6129ebb4d"},"headline":"How Avalanche\u2019s bridge to ETH and BTC could take over DeFi","datePublished":"2021-04-02T20:58:28+00:00","dateModified":"2021-04-02T20:58:28+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/"},"wordCount":553,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/Avalanche.jpg?fit=843%2C548","keywords":["Avalanche","AVAX","AVAXUSDT","btc","ETH"],"articleSection":["Cryptocurrency Market News","DeFi","Ethereum"],"inLanguage":"en-US","copyrightYear":"2021","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/","url":"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/","name":"How Avalanche\u2019s bridge to ETH and BTC could take over DeFi","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/Avalanche.jpg?fit=843%2C548","datePublished":"2021-04-02T20:58:28+00:00","dateModified":"2021-04-02T20:58:28+00:00","description":"Conceived as a blockchain ecosystem to launch DeFi and DApss and supported by a 3rd generation consensus protocol, Avalanche has recorded one of its best","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/Avalanche.jpg?fit=843%2C548","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/Avalanche.jpg?fit=843%2C548","width":843,"height":548,"caption":"Source: Unsplash"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"How Avalanche\u2019s bridge to ETH and BTC could take over DeFi"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/6b25e0bbb04d6129ebb4d","name":"Reynaldo Marquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/036a3927a22f63e491c08a08c3641ece?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/036a3927a22f63e491c08a08c3641ece?s=96&d=mm&r=g","caption":"Reynaldo Marquez"},"description":"A literature major, Reynaldo M\u00e1rquez has been deeply immersed in the crypto industry since 2017. His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide. In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride. He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times. In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson\u2019s \u2018Neuromancer.\u2019 The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau\u2019s \u2018Civil Disobedience.\u2019 But that\u2019s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term. In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry. Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.","sameAs":["https:\/\/www.linkedin.com\/in\/reynaldo-mrquez-2ab111190\/","https:\/\/x.com\/rl_m"],"url":"https:\/\/ktsl888.com\/author\/reynaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"How Avalanche\u2019s bridge to ETH and BTC could take over DeFi","url":"http:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/Avalanche.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/Avalanche.jpg?fit=843%2C548"},"articleSection":"DeFi","author":[{"@type":"Person","name":"Reynaldo Marquez"}],"creator":["Reynaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["avalanche","avax","avaxusdt","btc","eth"],"dateCreated":"2021-04-02T20:58:28Z","datePublished":"2021-04-02T20:58:28Z","dateModified":"2021-04-02T20:58:28Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"How Avalanche\\u2019s bridge to ETH and BTC could take over DeFi\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/how-avalanches-bridge-to-eth-and-btc-could-take-over-defi\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2021\\\/04\\\/Avalanche.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2021\\\/04\\\/Avalanche.jpg?fit=843%2C548\"},\"articleSection\":\"DeFi\",\"author\":[{\"@type\":\"Person\",\"name\":\"Reynaldo Marquez\"}],\"creator\":[\"Reynaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"avalanche\",\"avax\",\"avaxusdt\",\"btc\",\"eth\"],\"dateCreated\":\"2021-04-02T20:58:28Z\",\"datePublished\":\"2021-04-02T20:58:28Z\",\"dateModified\":\"2021-04-02T20:58:28Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2021\/04\/Avalanche.jpg?fit=843%2C548","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/460312"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/535"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=460312"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/460312\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/460313"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=460312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=460312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=460312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}