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Tag Archives: Avalanche

Why Has Avalanche’s (AVAX) Price Tanked to a Six-Month Low?

The AVAX native token for the layer-1 blockchain Avalanche is in severe pain this weekend, slumping more than 10% at one point in a fall to its lowest level since December 2023. Over the past 24 hours, the token has crashed from $27.87 to an intraday and six-month low of $24.92, according to CoinGecko. Moreover, the asset has dropped a whopping 37% over the past month as altcoins continue to get crushed in the crypto market pullback. What Has Caused the AVAX Avalanche?...

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Investor Hesitation Blamed as Crypto Investments See $942M Weekly Outflow: CoinShares

Investment products in digital assets witnessed a significant weekly outflow of $942 million, breaking the continuous seven-week streak of inflows reaching $12.3 billion. According to the CoinShares, this shift can be attributed to investor hesitation. Hesitant Investors Cause US ETF Inflows Dip The latest edition of Digital Asset Fund Flows Weekly Report revealed that the trading volumes in Exchange-Traded Products (ETPs) remained high and reached $28 billion for the week....

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Avalanche Foundation Announces $1M Mining Incentive Memecoin Rush Program to Improve Ecosystem Liquidity

CoinspeakerAvalanche Foundation Announces $1M Mining Incentive Memecoin Rush Program to Improve Ecosystem Liquidity Avalanche will off $1 million in incentives via the Memecoin Rush program to improve liquidity and general accessibility of community coins. Avalanche Foundation Announces $1M Mining Incentive Memecoin Rush Program to Improve Ecosystem Liquidity

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