After yesterday’s dump below $47,000, bitcoin has resumed its bullish trajectory by adding $2,000 and nearing $49,000. Most alternative coins have stalled, but not Avalanche. AVAX has registered yet another all-time high, this time above $70. Bitcoin Charts an 11-Day High This week began with enhanced volatility following fake reports claiming that Walmart has adopted cryptocurrency payments for its online services. Bitcoin went up by $1,500 before dumping by $3,000 minutes...
Read More »Market Watch: Avalanche (AVAX) Explodes 30% to New ATH, Bitcoin Stagnant at $45K
After falling to $44,000 and spiking to $46,000, bitcoin has calmed once again around the $45,000 mark. Most altcoins are slightly in green on a daily scale, but some have charted impressive gains. Avalanche is among those as AVAX has surged by more than 30% to tap a new ATH. ETH at $3,300 as AVAX Marks a New ATH Most larger-cap altcoins have mimicked BTC in the past few days. Ethereum plummeted during the mid-week crash, attempted rapid recovery, but failed to increase any...
Read More »DeFi and CeFi Aggregator OpenOcean Integrates Avalanche to Enhance Liquidity
Leading DeFi and CeFi aggregator OpenOcean has continued to expand its ecosystem and has just recently integrated Avalanche, a high-scalable and open-source platform for launching decentralized finance apps. In a Monday press release shared with CryptoPotato, OpenOcean noted that its integration with Avalanche will allow its users to swap different digital assets utilizing the best prices available in the market, with minimal risks of slippage. OpenOcean Partners With...
Read More »AVAX Is Up 150% in a Week as Over $1B TVL Locked on BENQI
After launching on August 19th, the algorithmic liquidity protocol BENQI has already reached $1B in TVL. Meanwhile, the price of Avalanche’s native cryptocurrency has been soaring. Big Support for BENQI BENQI is collaborating with AVAX in a joint liquidity mining program, in which $3M worth of AVAX will be provided as incentives to users of the former’s protocol. Any user borrowing or exchanging ETH, wBTC, LINK, USDT, DAI, or AVAX will be eligible for these rewards. More...
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