Latest News

AVAX surged by 3% from a crucial support level.

The platform will be used as a launchpad for future Web3 ventures of webtoon IPs and K-pop, OtherWorld said.

The Bitcoin (BTC) price had rebounded above the $62,000 mark. However, traders are unsure if the cryptocurrency's downturn is over.

Ava Labs, the developer behind the Avalanche blockchain network, is working on introducing web3 technologies to enhance intellectual property management in the rapidly growing K-pop market.

According to a market report from Allied Research, the South Korean pop music industry will be valued at $20 billion by 2031.

In recent trading sessions, Avalanche (AVAX) has seen a significant drop in its market value, with its price tumbling to a six-month low. Over the past month, AVAX has plummeted by 25%, with a 14.7% drop in just the past week and a further 0.3% decrease in the last 24 hours, bringing its current trading price to $24.23.

Here are three cryptos to sell that are unlikely to gain and should be sold before they crash and burn completely.

Various cryptocurrencies have been competing in the market, based on promising projects and innovations. Out of these, Solana (SOL) and Avalanche (AVAX) have risen as significant competitors, each showcasing unique characteristics and potential.

Bitcoin (BTC) has registered a considerable decline over the past couple of weeks, dropping from $71,119 to its current price level of $62,356. Over the past week, the asset has fallen by nearly 6%.

AVAX, the native cryptocurrency of the Avalanche network, a layer one blockchain focused on developing decentralized applications, has dipped to six-monthly lows, attracting the attention of investors, who have witnessed significant losses on their holdings since March.

Recent Avalanche (AVAX) price trajectory has been marked by a series of sharp declines. The 15% drop over the past week has sent Avalanche price below its past six-month low. Trading at approximately $24.51 at the time of writing, AVAX price has dropped by 60% since hitting a high of $60.39 in March.

Avalanche's native cryptocurrency AVAX has been facing a major downward spiral correcting 15% over the last week. In the last 24 hours, the AVAX price has corrected by an additional 6% slipping all the way to $24.24 with its market cap at $9.5 billion.

Avalanche, JasmyCoin, and meme coin BONK are our top cryptocurrencies to watch this week following notable performances last week as the market saw sustained declines.

The cryptocurrency market is constantly evolving, presenting numerous opportunities for savvy investors. While Bitcoin often captures mainstream attention, several altcoins are poised for significant growth due to their unique technologies and potential for high returns.

Avalanche (AVAX) stands out as a promising contender for investors eyeing long-term growth opportunities. As of mid-2024, AVAX trades around $27.07, reflecting a turbulent journey amidst significant market volatility.

AVAX becomes a victim in recent whale transactions made by hackers.

The cryptocurrency market remains in a state of flux, with the global market cap hovering around $2.47 trillion, reflecting a modest 0.8% change in the past 24 hours. Trading volume has surged to $48.8 billion, indicating high investor activity and interest.

The Avalanche native token AVAX has taken a massive hit, tanking double figures to a new low for this year as analysts scramble to figure out why.

Three popular and highly capitalized cryptocurrencies have registered increased sell-offs this week, raising an alert to the cryptocurrency market. These selling activities can bring volatility as market participants speculate on increased supply pressure's effects on price, increasing the risks.

Avax experienced a sharp 10% drop within hours, likely due to a massive transfer of nearly $54.2 million worth of AVAX tokens to major exchanges. This sudden movement has had a significant impact on the cryptocurrency's price, raising concerns among investors. Read on to analyse the developments in AVAX.

AVAX token falls 10% after BtcTurk, Turkey's leading crypto exchange, suffers a hack, with 1.96M AVAX moved illicitly. The post Avalanche's AVAX down 10% following BtcTurk exchange hack appeared first on Crypto Briefing.

Onchain detective Zachxbt reported that an entity moved 1.96 million avalanche (AVAX) to various exchanges and subsequently withdrew millions in bitcoin (BTC) after the transaction. As of 8 a.m. EDT today, AVAX has declined almost 10% in the last 24 hours.

Avalanche (AVAX) price dropped over 10% today following a massive selloff. What does it mean for AVAX's future?

Avalanche is on track to reach its crucial support level of $23.34 if its market performance continues on a decline, as it has over the last 24 hours. According to Wu Blockchain, an investigation by ZachXBT has revealed what might be fueling the rapid drop in the price of Avalanche.