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?...
Read More »Bitcoin Investment Products Record Fourth Week of Net Outflows, What’s Next?
CoinspeakerBitcoin Investment Products Record Fourth Week of Net Outflows, What’s Next? The recent upward momentum in Bitcoin (BTC) price has prompted options traders to reassess the likelihood of the cryptocurrency reaching the $100,000 by the year-end. Bitcoin Investment Products Record Fourth Week of Net Outflows, What’s Next?
Read More »Bitcoin Price Rebounds Above $65k Amid Heightened Greed
CoinspeakerBitcoin Price Rebounds Above $65k Amid Heightened Greed The recent Bitcoin price rise above $65K has carried with it the altcoin market led by Solana, Toncoin, and Avalanche, among others. Bitcoin Price Rebounds Above $65k Amid Heightened Greed
Read More »Stripe Announces Integration with Avalanche
CoinspeakerStripe Announces Integration with Avalanche Several prominent Avalanche ecosystem partners have already signaled their intention to integrate with Stripe, including GoGoPool, Avvy, Pakt, zeroone, Halliday, The Arena, Shrapnel, and DeFi Kingdoms. Stripe Announces Integration with Avalanche
Read More »Masa Network Integrates with LayerZero to Power Its Cross-chain AI Data Network
CoinspeakerMasa Network Integrates with LayerZero to Power Its Cross-chain AI Data Network The integration of Masa Network and LayerZero through a dedicated Avalanche Subnet will enable the former’s seamless communication with Ethereum and BSC chains. Masa Network Integrates with LayerZero to Power Its Cross-chain AI Data Network
Read More »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....
Read More »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
Read More »Avalanche Foundation Launches Phase 1 of Meme Coin Rush
Avalanche Foundation, the non-profit organization behind the Avalanche ecosystem, has launched the first phase of a $1 million liquidity mining incentive program dubbed Meme Coin Rush. According to an announcement seen by CryptoPotato, the first phase has been kicked off with participation from liquidity management and decentralized market-making platform SteakHut and decentralized exchange Trader Joe. Avalanche Begins Memecoin Rush Meme Coin Rush was created to help scale...
Read More »Unprecedented Weekly Inflow of $2.5 Billion for Bitcoin ETFs
CoinspeakerUnprecedented Weekly Inflow of $2.5 Billion for Bitcoin ETFs The rising inflows coincide with an increase in the price of Bitcoin, which has surged nearly 25% year-to-date. Unprecedented Weekly Inflow of $2.5 Billion for Bitcoin ETFs
Read More »Umoja Releases Beta of Its Crypto Hedging Solution
CoinspeakerUmoja Releases Beta of Its Crypto Hedging Solution At present, Umoja only supports CeFi-based hedging, but with v2 of its beta, it will turn its attention to DeFi. Umoja Releases Beta of Its Crypto Hedging Solution
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