Ampleforth integrates with Avalanche to introduce stablecoin alternative
The integration will allow users of the blockchain to access algorithmic language AMPL for stabilized contract interaction. Go to Source Powered by WPeMatico
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Top 5 cryptocurrencies to watch this week: BTC, SOL, AVAX, ALGO, AXS
Traders are watching to see if BTC’s bounce of the 20-day moving average resumes the uptrend. Meanwhile, SOL, AVAX, ALGO and AXS are preparing for a move higher. Go to Source Powered by WPeMatico
Wormhole Adds Binance Smart Chain Support to Network Bridge
During the first week of September, the Wormhole Network’s ethereum ↔ solana bridge was introduced to the Solana community and the following week, developers released a bi-directional connection for blockchain non-fungible token (NFT) collectibles. On Monday, the Wormhole dev team revealed it has added Binance Smart Chain support to the token and NFT bridge platform. … Read more
Price analysis 9/29: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, UNI
A week-long pattern of daily lower highs suggests bulls will be unable to flip $43,000 to support and this could weigh on the fledgling recovery seen across many altcoins. Go to Source Powered by WPeMatico
Price analysis 9/27: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, LUNA
Bitcoin and most major altcoins have recovered from last week’s sell-off, but they are still facing selling at higher levels, suggesting that the market could remain range-bound for a few days. Go to Source Powered by WPeMatico
Top 5 cryptocurrencies to watch this week: BTC, AVAX, ALGO, XTZ, EGLD
Bears continue to pressure BTC price but any signs of consolidation could lead to a breakout in AVAX. ALGO, XTZ, and EGLD. Go to Source Powered by WPeMatico
Derivatives data suggests Solana has reached a short-term top
SOL’s futures open interest recently hit $1 billion and while the recent price swing liquidated leveraged longs, data suggests the short-term top is not a bearish trend reversal. Go to Source Powered by WPeMatico
Price analysis 9/24: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, LUNA
Bitcoin and altcoins made a sharp downside move to their recent lows after news that China banned crypto trading surfaced. Go to Source Powered by WPeMatico
Avalanche recovers from Evergrande-led selloff as AVAX rebounds over 30%
The sharp bounce back in Avalanche market yet faces risks of exhaustion as the price forms a bearish wedge setup. Go to Source Powered by WPeMatico
Avalanche Defi Platform Vee Finance Attacked — $35 Million in ETH, BTC Siphoned
On September 21, 2021, an Avalanche-based decentralized finance (defi) platform Vee Finance announced that it suffered from an incident that siphoned 8,804 ether and 213 bitcoin out of the system. The team has suspended the defi platform contracts and stressed that the stablecoins have not been “affected by the attack.” Defi Project Vee Finance Suffers … Read more
