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news-imageSeptember 11, 2024

LayerZero Powers WBTC's Multi-Chain Vision: Now Live on Avalanche and BNB Chain

TL;DR WBTC Native Expansion: BitGo Launches Wrapped Bitcoin on Avalanche and BNB Chain Using LayerZero's Omnichain Fungible Token Standard. Decentralized Verifier Network: WBTC will feature a 1-of-2-of-3 setup, with BitGo as the primary verifier and LayerZero Labs and Polyhedra as optional verifiers.
Publisher: Crypto Economy
Sentiment: Positive
AVAX
BNB

More News Articles

Positive
cover-imageThe Cryptonomist
April 4, 2025

Binance distributes 94% of crypto airdrops in 2024: new Launchpool and BNB page

In light of the latest data, the answer seems increasingly affirmative. Binance once again confirms itself as the absolute leader in the sector of token distribution through airdrop and staking rewards, strengthening its position with new features designed to enhance the user experience. A recent report published by CoinMarketCap reveals a surprising fact: in 2024 alone, Binance distributed 94% of the 2.7 billion dollars allocated through staking and airdrop by all centralized exchanges. A dominant share that demonstrates not only the strength of the exchange but also the growing centrality of its ecosystem.

Positive
cover-imageCoingape
April 3, 2025

BNB Price Can Reclaim ATH If This Trend Plays Out

Despite the general digital assets market downturn, Binance Coin's (BNB) price has held strong. The market outlook shows that while other coins like Bitcoin, Ethereum, and Solana have reached new lows after a recent selloff, BNB's price has maintained its resilience.

Positive
cover-imageCrypto Economy
April 3, 2025

WisdomTree Adds Arbitrum, Avalanche & More to Its Tokenized Fund Offerings

TL;DR WisdomTree expanded its platform to Arbitrum, Avalanche, Base, and Optimism, enabling investment in more tokenized assets. Investors can trade with US dollars or USDC and store their funds in third-party or self-custodial wallets. The offering includes 13 tokenized funds, covering money market, equity indexes, and fixed income with regulatory backing.

Positive
cover-imageInvezz
April 3, 2025

Binance Coin (BNB) holds firm after Trump's tariffs as VanEck files for BNB ETF

Binance Coin's (BNB) price dropped to $584.99 following President Donald Trump's ‘Liberation Day' reciprocal tariffs, but has since recovered above $593 at press time. This resilience stands out in a market rattled by economic uncertainty, hinting at underlying strengths tied to BNB's role in the Binance ecosystem and recent developments that could shape its future.

Positive
cover-imageBitcoinist
April 3, 2025

VanEck Seeks BNB ETF Approval—Big Win For Binance?

Investment giant VanEck has registered a Binance Coin (BNB) exchange-traded fund in Delaware, marking its fifth cryptocurrency ETF registration in the state. The move comes as major financial institutions continue to bet on digital assets despite market volatility.

Positive
cover-imageBenzinga
April 2, 2025

AVAX To Outperform Bitcoin, Ethereum, Reaching $250 By 2029: Standard Chartered

Avalanche (CRYPTO: AVAX) could deliver the strongest gains among major digital assets in the coming years, according to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered. What Happened: In a research note, Kendrick said he expects AVAX to rise tenfold by the end of 2029, outperforming both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in relative price growth.

Positive
cover-imageCointelegraph
April 2, 2025

Price analysis 4/2: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, TON, LINK, LEO

Bitcoin (BTC) bulls have pushed the price above the $87,000 level even as US trade tariffs are slated to kick in on April 2. Bitcoin may remain volatile in the near term, but analysts remain bullish for the long term.According to Fidelity analyst Zack Wainwright, Bitcoin is currently in an acceleration phase, which “can conclude with a sharp, dramatic rally” if history repeats itself.

Positive
cover-imageCryptonews
April 2, 2025

Fund Manager VanEck Moves to Launch First U.S.-Based BNB ETF

Asset manager VanEck has filed in Delaware to launch the first BNB ETF in the U.S., marking a pivotal step in integrating Binance Coin into traditional portfolios and expanding regulated crypto exposure. The post Fund Manager VanEck Moves to Launch First U.S.-Based BNB ETF appeared first on Cryptonews.

Positive
cover-imageCointelegraph
April 2, 2025

SMBC, Ava Labs, Fireblocks sign MoU for stablecoin framework in Japan

Sumitomo Mitsui Financial Group (SMBC), a Japanese banking and financial services conglomerate, along with business systems firm TIS Inc, Ava Labs — the developer of the Avalanche network — and digital asset infrastructure company Fireblocks, have signed an agreement to explore a framework for commercializing stablecoins in Japan.Under a Memorandum of Understanding, the companies will focus on developing strategies around issuing and circulating stablecoins pegged to the US dollar and Japanese yen, according to a joint announcement. Additionally, the collaboration will explore stablecoins as a settlement mechanism for tokenized real-world assets such as stocks, bonds, and real estate.

Neutral
cover-imageThe Cryptonomist
April 2, 2025

Avalanche, stablecoin on the rise but AVAX remains stuck: analysis of a paradox

Over the course of the last year, the Avalanche (AVAX) network has experienced a growing wave of liquidity in the form of stablecoins, recording an increase of over 70%, rising from 1.5 billion to over 2.5 billion dollars in circulation as of March 31, 2025. This growth, highlighted in an official post on X by the Avalanche foundation, would seem, at first glance, a clear sign of increased investor confidence and imminent bull pressure on the market.

Positive
cover-imageCointelegraph
April 2, 2025

Avalanche stablecoins up 70% to $2.5B, AVAX demand lacks DeFi deployment

Avalanche saw a significant surge in stablecoin supply over the past year, but the onchain deployment of this capital points to passive investor behavior, which may be limiting demand for the network's utility token.The stablecoin supply on the Avalanche network rose by over 70% over the past year, from $1.5 billion in March 2024, to over $2.5 billion as of March 31, 2025, according to Avalanche's X pos Market capitalization of stablecoins on Avalanche. Source: Avalanche Stablecoins are the main bridge between the fiat and crypto world and increasing stablecoin supply is often seen as a signal for incoming buying pressure and growing investor appetite.

Positive
cover-imageThe Cryptonomist
April 2, 2025

VanEck aims to launch a spot BNB ETF in the USA

VanEck seems to want to launch a spot BNB ETF in the USA. The investment manager has proposed the establishment of a trust in Delaware, while awaiting the outcomes of the ETF on Solana and on Avalanche. VanEck has registered for the listing of a spot BNB ETF, the first of its kind in the United States.

Positive
cover-imageCrypto Economy
April 2, 2025

VanEck's Latest Move Signals Potential BNB ETF Approval

TL;DR On March 31, VanEck registered a new entity named “VanEck BNB ETF” in Delaware, marking a key step toward launching the first BNB ETF in the U.S. Approval would represent a milestone for BNB, the fourth most valuable cryptocurrency behind Bitcoin, Ethereum, and Solana.

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