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Homium, a pioneering real estate equity mortgage lender and securitization platform, has introduced tokenized mortgage loans leveraging the power of Avalanche blockchain technology. The launch of the tokenized mortgage loans comes right on the heels of Homium's Series A funding round that raised $10 million, with Sorenson Impact Group and Blizzard leading the round.
“Homeowners effectively sell a portion of their home's equity at today's price, and repay at tomorrow's,” wrote Homium staff.
Homium attracts $10 million in investments for loan tokenization.
The loans are currently live in Colorado and plan to extend to other states.
With the U.S. and Asian markets on weaker grounds, the crypto market struggles to hold the sell-off. As Bitcoin drops under $63,000, the top layer-1 altcoins break below multiple crucial supports. The massive sell-off offers sideliners a massive discount entry opportunity to accumulate on the dip.
Avalanche (AVAX) price is among the few altcoins showing signs of further drawdown over recovery.
ADA, SOL, and AVAX experience a significant drop in price over the past few days.
Analyst of The Paul Barron Network explained that there's been a freefall in prices today, prompting a deep dive into the market dynamics during a live stream. With expectations of volatility amid the upcoming halving, many might interpret this as a pre-halving dump.
Bitcoin, the flagship digital currency, experienced a breathtaking plunge below the critical $65,000 mark. What began as a day of optimism, with Bitcoin soaring to a peak of $71,000, swiftly descended into chaos, leaving investors scrambling to make sense of the carnage.
According to the latest data from CoinMarketCap, a slew of major altcoins including Solana, XRP, Dogecoin, Toncoin, Cardano, and Avalanche experienced substantial declines ranging from 10% to a staggering 16% within a mere 24-hour period. Among the casualties, lesser-known names like Dogwifhat, Bonk, and Arbitrum found themselves among the worst-performing assets within the top 100 by market capitalization.
With the current volatility affecting both Avalanche (AVAX) and Ethereum Classic (ETC), the AVAX price and ETC outlook have caused concern among investors, prompting a search for more stable opportunities. In this environment, Scorpion Casino (SCORP) emerges as a notable contender.
Generally, the cryptocurrency market is bearish at the moment, with coins like Avalanche (AVAX), Ethereum, Litecoin, XRP, Solana, and others all caught in this trend. Currently, the price of AVAX is on a strong bearish move below the 100-day Moving Average (MA) and could continue in that direction for a while before retracing.
The volatile realm of cryptocurrencies, Avalanche (AVAX) has recently faced a significant setback with an 86% drop in revenue during Q1. However, amidst this financial turbulence, the blockchain witnessed a surge in network activity and a notable uptick in price.
The crypto markets are plunging, with the majority of the tokens slumping below their immediate support and heading towards the key support levels. Meanwhile, Coinpedia has picked some 100x gems, which may trigger a healthy upswing in the coming days.
Avalanche's earnings dropped in Q1, but its network activity spiked along with its price during the same period.
Bitcoin's correction deepened as BTC price fell to $65,000, and altcoins were hit with double-digit losses.
According to recent reports, activity within the Avalanche ecosystem has experienced a notable decline, particularly in the deployment of smart contracts. This decline, coupled with a decrease in decentralized exchange (DEX) volumes, has sparked discussions about the platform's sustainability and competitiveness in the rapidly evolving blockchain industry.
Avalanche has created history with its mind blowing hold over the world. The financial system was revolutionized when Avalanche started climbing the ladder.
Over the past few weeks, there has been a significant decrease in the deployment of smart contracts on the Avalanche network.
The Avalanche (AVAX) network is in the spotlight as recent on-chain data reveals an uptick in Total Value Locked (TVL).
Token Metrics, an AI-driven investment research platform, has recently identified 27 crypto assets with the potential to deliver significant gains of up to 10,000% for investors within the next two weeks.
The TradeX app, which aims to enhance predictions markets, is reporting its latest updates. TradeX, which previously secured funding from Y Combinator and other investors, has so far reportedly raised $4.5 million.
Bitcoin is witnessing a tough battle between the bulls and the bears near the $69,000 level with buyers holding a slight edge.
AVAX is now a shadow of its former self, but predictions favor a step forward.
