Bitcoin and altcoins continue to be rocked by macroeconomic and geopolitical uncertainty, but data shows bulls continue to buy each dip.
Category: Avalanche
Auto Added by WPeMatico
Arrow Markets Secures $4M in Series A to Forge New Paths in Crypto Options Trading
On Friday, the Avalanche-based options protocol, Arrow Markets, unveiled its successful $4 million Series A fundraising initiative. The global project aiming to “revolutionize crypto options trading” garners support from prominent backers including Framework Ventures, Delphi Ventures, and the Avalanche Blizzard ecosystem fund. Crypto Options Platform Arrow Markets Bags $4M in Funding Arrow Markets, an options […]Avalanche to Launch Web3 Voucher Program on Alipay
The smart contracts platform Avalanche recently said it is collaborating with the Chinese payments giant Alipay to launch a Web3-enabled voucher program. The second phase will see the proof of concept being expanded to more than 100 million users from Southeast Asian countries. Web3-Enabled Vouchers Avalanche, a smart contracts platform, has said it is working […]Avalanche Foundation Discloses First Batch of Meme Coin Holdings
The Avalanche Foundation has disclosed the first set of community coins, also called meme coins, in which the institution has invested under its $100 million Culture Catalyst fund launched in 2022. Coq inu, gecko, kimbo, nochill, and tech are the first five currencies that are part of the foundation’s holdings, and more might be chosen […]Avalanche (AVAX) Price Surges Amidst Increased Activity And Governance Developments
Over the past 24 hours, the price of Avalanche (AVAX) has experienced a significant surge, climbing by more than 9%. This remarkable uptick in value coincides with a noteworthy development within the Avalanche ecosystem. According to data from Intotheblock, Avalanche has witnessed a substantial increase in the total volume of large transactions, reaching a staggering $329 million on Monday. The total volume of large transactions on Avalanche hit $329 million on Monday, the highest daily amount since December. This indicates increased activity of large holders.🔗https://t.co/uEam7LI5qY pic.twitter.com/6VAxo4V1j9 — IntoTheBlock (@intotheblock) March 13, 2024 This surge in large transactions suggests heightened activity
The post Avalanche (AVAX) Price Surges Amidst Increased Activity And Governance Developments appeared first on The Merkle News.
Avalanche Blockchain Faces Outage Amid Inscription Wave: AVA Labs Investigates
The Avalanche blockchain has encountered a disruption due to a “stall in block finalization.” AVA Labs’ co-founder, Kevin Sekniqi, suggested that the problem might stem from a recent surge in inscriptions. Avalanche Hits Snag as Block Finalization Stall Disrupts Service Avalanche (AVAX) is grappling with a service interruption, echoing challenges previously seen on the Solana […]Citi Completes Private Market Tokenization Test Using Avalanche
Citi, in alliance with Wellington Management, Wisdomtree, and ABN AMRO, completed a proof of concept for the tokenization of a private fund on top of the Avalanche blockchain. The test used Spruce, an Avalanche subnet, to tokenize the fund and transact the tokenized assets, which were programmed to “automate operations, settle faster, and enable new […]A Close Look At The Phenomenal Avalanche’s AVAX Growth And Why You Need To Buy Into The Market Now
Avalanche (AVAX) has emerged as a standout performer in the crypto space, showcasing an exceptional 290% price surge throughout 2023. Also, this remarkable ascent is largely attributed to AVAX’s strategic collaborations with influential entities, including partnerships with Amazon Web Services, J.P. Morgan, and Apollo Global. Of course, these alliances underscore AVAX’s attractiveness to institutional players, contributing significantly to its upward trajectory. Furthermore, boasting a current market capitalization of 16.6 billion, AVAX has witnessed a cumulative growth of approximately 124% over the past 30 days. Thereby, outpacing several other prominent public chains. Impressively, its Total Value Locked (TVL) now stands at
The post A Close Look At The Phenomenal Avalanche’s AVAX Growth And Why You Need To Buy Into The Market Now appeared first on The Merkle News.
Price analysis 12/18: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, AVAX, DOGE
Bitcoin may remain under pressure for a few days, but a collapse is unlikely as traders are expected to buy the dips in anticipation of a spot Bitcoin ETF.
Daily gas spent on EVM inscriptions surges to record high of $8M
Bitcoin is not the only network getting clogged up with Ordinals inscriptions, with weekend activity on EVM chains also spiking.