Avalanche is up 132% since last year, market cap surges to over $13b
Within the decentralized finance (defi) space, Avalanche (AVAX) boasts an impressive 132% price increase in defiance of market shifts.
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Within the decentralized finance (defi) space, Avalanche (AVAX) boasts an impressive 132% price increase in defiance of market shifts.
Amidst these market changes, analysts are closely examining predictions for AVAX, CEEK, and LUNA Coins to gauge potential trends and investment opportunities.
The Bitcoin ETFs generated strong volumes on Jan. 11, but that did not translate into higher prices in Bitcoin, indicating that the event was largely priced in.
The Avalanche (AVAX) price has fallen since reaching a 2023 high of nearly $50 on December 24.
The Securities and Exchange Commission (SEC) finally approved eleven spot Bitcoin ETFs after months of consultations. This decision was in line with what most analysts were expecting since the sponsors had made all the recommendations that the agency wanted. For example, all these funds had a surveillance clause aimed at preventing manipulation.
All eyes were on Bitcoin today as the US Securities and Exchange Commission approved spot ETFs. However, the suggestion that the news was already priced in appears to have some merit.
With Bitcoin ETFs expected to be approved in 2024, these cryptos set to soar in 2024 that may be particularly interesting for investors.
The crypto market remains two-sided amid the spot Bitcoin exchange-traded fund craze. While the likes of Avalanche (AVAX) lose fuel to push for more upside, the new star Everlodge ($ELDG) seems ready to dominate the NFT world with its advanced property marketplace.
Avalanche (AVAX) network outlook is proving to be more promising following the impressive jump in the large transaction volumes initiated by market whales. According to data insights from IntoTheBlock (ITB), a total of $138.47 million have been traded by Avalanche whales in 24 hours, amounting to a 261.58% jump.
Users can now use Core Mobile to stake AVAX and participate in network consensus on Avalanche, earning rewards
AVAX, native token of the Avalanche network, made a resounding entrance into the cryptocurrency markets at the onset of the year, establishing itself as a prominent player and outpacing many other altcoins. The initial enthusiasm surrounding AVAX, however, underwent a notable transformation as the narrative took an unexpected turn.
AVAX's 11.03% surge offers trading opportunities, but concerns about the future remain.
With the U.S. Securities and Exchange Commission (SEC) facing a Jan.
For those looking for the top crypto picks for 2024 to kickstart their crypto portfolios in 2024, here are three intriguing picks to consider.
Avalanche's NFT sector sees growth, but its DeFi sector and price declines.
Last year was fairly dynamic for Avalanche (AVAX) as It was marked by a string of major partnerships including the ones with the gaming company BLRD and a key provider of cloud computing infrastructure – Amazon's (NASDAQ: AMZN) AWS.
The crypto markets have overcome the mounted bullish pressure as the trend has dramatically shifted in favour of the bears. With only a few days remaining for the Spot Bitcoin ETF approval decision, the markets were believed to manifest acute strength.
The Avalanche Foundation has made a surprising announcement regarding its plans to support meme coins built on the Avalanche blockchain. In a social media post on December 29, the foundation disclosed its intention to back select meme coins to foster the “culture and fun” associated with these assets.
On January 4, 2024, Grayscale Investments strategically reshaped its Digital Large Cap Fund portfolio, as revealed in its SEC filing. The firm incorporated XRP and AVAX, influenced by XRP's legal resolution and CNBC visibility.
This increase happened after the price bounced off a technical support line. Now, let's dig into why Avalanche's price is up today.
The shifting allocations impact Grayscale's Digital Large Cap Fund, DeFi Fund, and Smart Contract Platform Ex-Ethereum Fund.
Prominent digital asset manager Grayscale recently adjusted the weightings of key products within its portfolio. Notably, changes were made to the Grayscale Digital Large Cap Fund, Grayscale DeFi Fund, and Grayscale Smart Contract Platform Ex-Ethereum Fund.
Bitcoin is trading just below the $45,000 level as traders await the SEC's final decision on the spot Bitcoin ETF applications.
Bitcoin's sharp fall on Jan. 3 suggests that market participants are nervous ahead of the SEC's long-awaited decision on the spot Bitcoin ETF applications.