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Since its low on March 10th, AVAX has surged to $22.12, posting a 1.30% gain in the last 24 hours, fueling market optimism. The RSI is sitting in the overbought zone (77), while both the MACD and EWO indicate bullish momentum.
A few days ago, Backed Finance announced the launch of the tokens Coinbase Stock (bCOIN) and S&P 500 (bCSPX) on the Avalanche C-Chain network. Thanks to these tokens, eligible DeFi users will be able to gain on-chain exposure to both the S&P500 and Coinbase.
Made in USA cryptos are back in focus as several key tokens show fresh activity heading into the last week of March. Among them are PENGU, AVAX, Pi Network (PI), Official Trump (TRUMP), and RENDER, each drawing attention for different reasons.
Avalanche's AVAX climbed 12% in the last 24 hours, with a 185% spike in daily trading volumes to nearly $400 million.
With Bitcoin (BTC) surging in price on Monday, the rest of the crypto market is also beginning to stir. Solana (SOL), Render (RENDER), and Avalanche (AVAX) are among the leaders of the crypto pack.
SOL, LINK, and SUI are the other notable gainers today.
Bitcoin (BTC) bulls are trying to make a comeback by maintaining the price above the 200-day simple moving average ($84,899) over the weekend. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to close above $85,000 this week to signal strength and “prevent a drop to $76,000.
AVAX traders are cautious right now, but might that change soon?
The price of Avalanche (AVAX) has rallied from its low of $15.00 on Feb. 3 to its low on March 10 before rebounding.
Polkadot (DOT) was also an underperformer, declining 3.7%.
Investment manager VanEck registered a trust company for an Avalanche (AVAX) exchange-traded fund (ETF) in Delaware.
Swiss-based Zuger Kantonalbank has expanded its crypto portfolio to include Cardano and Avalanche, alongside Bitcoin and Ethereum. This expansion, powered by Sygnum, aligns with MiCA regulations and rising global adoption, allowing customers to securely trade and invest in digital assets through the bank's e-banking platform. The post Swiss Zuger Kantonalbank Adds Cardano and Avalanche to its Crypto Offering appeared first on Cryptonews.
Swiss bank Zuger Kantonalbank has broadened its cryptocurrency offerings, adding Cardano (ADA) and Avalanche (AVAX) to its digital asset portfolio through a collaboration with crypto-focused Swiss bank Sygnum. The move underscores the growing integration of traditional banking with digital assets, as regulatory clarity strengthens across major financial jurisdictions.
Swiss bank Zuger Kantonalbank has added Cardano and Avalanche to its cryptocurrency offering through a partnership with crypto-focused bank Sygnum.
The crypto project backed by US President Donald Trump has acquired another multi-million-dollar batch of digital assets, on-chain data shows. According to blockchain tracking firm Lookonchain, World Liberty Financial (WLFI) bought about $2 million worth of Avalanche (AVAX) and Mantle (MNT).
A daily session close above $24.95 is required to shift the 1-day Avalanche market structure bullishly.
World Liberty Financial (WLFI), a DeFi project with ties to the Trump family, has expanded its digital asset holdings by acquiring $4 million worth of Avalanche (AVAX) and Mantle (MNT) tokens.
WLFI's continued investments amid significant losses highlight the volatile nature of crypto markets and the risks of speculative ventures. The post Trump-backed World Liberty Financial buys AVAX and MNT for $4M as total portfolio losses reach $118M appeared first on Crypto Briefing.
World Liberty Financial (WLFI), the cryptocurrency venture endorsed by the Trump family, has recently expanded its digital asset portfolio with significant acquisitions.
Despite VanEck's Avalanche ETF filing, AVAX's price has been somewhat unresponsive.
Asset manager Vaneck has filed with the U.S. Securities and Exchange Commission (SEC) to launch the Vaneck Avalanche ETF, a first-of-its-kind fund designed to track the market price of AVAX, the native token of the Avalanche blockchain.
VanEck has recently filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) to launch a proposed Avalanche exchange-traded fund (ETF), offering investors a direct way to access AVAX.
VanEck filed an S-1 registration with the SEC for the first AVAX ETF. The filing follows VanEck's Delaware registration for the Avalanche ETF.
