Virtune, a Swedish crypto asset manager, has launched new exchange-traded products (ETPs) in Finland, giving investors easy access to Avalanche (AVAX) and Cardano (ADA). Virtune CEO Christopher Kock described the new products as timely, pointing at the growing demand.
XLM, the native cryptocurrency of the Stellar network, is currently facing a period of heightened uncertainty, with a potential 40% price drop looming over its future. The latest technical patterns, combined with market sentiment, are pointing towards significant bearish pressure that could push the price of XLM lower in the coming weeks.
Stellar Development Foundation Chief Business Officer Raja Chakravorti joins CoinDesk Live at the Ondo Summit with a discussion on the significance of tokenization beyond just creating digital assets. Plus, their outlook on creating financial accessibility through blockchain technologies.
Kite AI has launched the first AI-focused Layer 1 blockchain on Avalanche, creating a decentralized environment for AI models, tools, and data.
Avalanche provides a scalable and transparent foundation for AI applications, which may bolster institutional AI adoption.
Stellar (XLM) has recently demonstrated some early signs of a potential trend reversal, after forming a higher low on its charts. This could suggest that buyers are gradually regaining control, as selling pressure starts to ease.
Litecoin (LTC) joined Stellar (XLM) as a top performer, rising 1.3% from Wednesday.
Launched the testnet dedicated to those who want to develop decentralized dApp based on artificial intelligence.
Avalanche (AVAX) has been struggling as it drops below the $27 mark, continuing its downward trajectory. Analysts are predicting a potential crash toward the $20 range, as the bearish pressure surrounding the token intensifies.
Virtune Avalanche ETP and Virtune Staked Cardano ETP will now be accessible to both institutional and retail investors on Nasdaq Helsinki through banks. The post Swedish Crypto ETP Issuer Virtune Lists Avalanche, Cardano ETPs on Nasdaq Helsinki appeared first on Cryptonews.
Swedish crypto asset manager Virtune is now giving investors in Finland exposure to Avalanche and Cardano via its newly launched crypto ETP products.
However, the growing bear action in the broader market has continued to impact altcoins like Ethereum (ETH), XRP, SUI, and Avalanche (AVAX) in different measures. As of writing, the combined crypto market cap is down 1.56% to $3.16 trillion, proving that headwinds remain.
In this market uncertainty, XLM, the native token of Stellar, appears bearish and is poised for a massive price decline. This bearish outlook is further supported by intraday traders, who seem to be strongly betting on short positions, as reported by the on-chain analytics firm CoinGlass.
Avalanche faces bearish pressure after breaking a symmetrical triangle.
Avalanche (AVAX) price has been in a downtrend for the last two months, currently trading at $27. The altcoin has lost key support floors, which has caused whale investors to lose patience.
Despite the recent market crash, will Avalanche price bounce back within a falling channel for a breakout rally? Or is a downfall to the $20 mark inevitable?
With the asset recently printing a higher low on the charts, Stellar is displaying early indications of a possible trend reversal. This might suggest that buyers are gradually taking over to counteract pressure from sellers.
Cryptocurrency prices remained under pressure on Wednesday as concerns about trade rose. Bitcoin moved below the important point at $100,000, while most altcoins were deep in the red. This performance may continue this week as risks remain.
Over the past 90 days, the following 10 altcoins have led the market, with XCN and FARTCOIN emerging as frontrunners with 4-digit gains.
Cryptocurrency analysts of Coinidol.com report, the price of Avalanche (AVAX) is falling below the moving average lines.
After a period of volatility, Stellar has been consolidating, and the price action is giving conflicting signals. The asset is testing important support levels that could dictate its next move, and it is currently trading at about $0.38.
Avalanche has faced intense selling pressure over the past two months, with its price plunging more than 42% since mid-December. The market remains highly volatile, driven by uncertainty, but recent signs of recovery suggest a shift in sentiment.
The AVAX price has been mostly quiet since the start of 2025, mirroring the climate of the altcoin market so far in the new year. After reaching a local high of $55 in early December 2024, the Avalanche token has been in a steady decline, reaching as low as $32.2 on Wednesday, January 29.
Avalanche's native cryptocurrency, AVAX, has recently demonstrated a noteworthy rebound after experiencing a significant decline in its price. As of January 31, 2025, the token was trading at approximately $34.60, reflecting an impressive 3.05% increase in the last 24 hours.
Bitcoin bulls are chasing after new highs but investor actions in equities markets and sellers at the top of BTC's range are keeping a cap on price discovery.
With its ecosystem's total value locked (TVL) rising significantly, Stellar is exhibiting encouraging growth indicators. The increase in TVL indicates that people are becoming more confident in Stellar's network and its growing contribution to decentralized finance.
Stellar Lumens' price consolidated in January, mirroring the performance of Bitcoin and most other altcoins. Stellar (XLM) traded at $0.4240 on Friday, down 33% from its peak in November last year when it experienced a strong rally.
The crypto market has shifted from bearish to bullish in the second half of the week, improving overall conditions for altcoins. This shift in sentiment has driven strong gains for select assets fueled by rising demand.
AVAX investors and traders could be in for an interesting turn of events soon.
Cryptocurrency prices moved a little on Friday as Bitcoin found a big barrier at $105,000. The total market cap of all cryptocurrencies retreated slightly to $3.56 trillion after the Federal Reserve left interest rates unchanged at 4.50% in the first interest meeting of the year.
Stellar (XLM) has faced a significant dip in network activity, with processed operations dropping by 50% from a previous peak of over 600 million transactions per period. Currently, the network is processing approximately 300 million operations.
Avalanche (AVAX) and Cardano (ADA) are under bear pressure as market volumes decline. It's a great time to buy into these with DTX Exchange's final token at $0.16.
BlockDAG's TG Tap Miner integrates with OKX, enhancing BDAG rewards for players. Meanwhile, Cardano holds key support levels, and Avalanche eyes a potential breakout.
When it comes to the rivalry between XLM and XRP, things are getting interesting. After a rough few months, Stellar's XLM token may finally have reached a key low against its long-time competitor, XRP.
TL;DR Avalanche transaction fees dropped by 75% after the December upgrade, making the network more affordable. The number of transactions increased by 38%, reaching an average of 354,691 per day, reflecting a high level of adoption.
Discover why experts believe DTX, an ERC-20 token, could surge from $0.16 to $5, potentially outperforming Dogecoin (DOGE) and Stellar Lumens (XLM) in the crypto market.
Avalanche, a decentralized finance (DeFi) focused smart contract blockchain, saw a significant decrease in transaction costs following its December 16th upgrade, known as Avalanche 9,000. This upgrade has successfully reduced usage fees by approximately 75%, making it more affordable for users.
In comparison to past peaks, processed operations have decreased by 50%, indicating a significant decline in network activity at Stellar. In spite of this, the network and asset's general outlook is still largely unchanged.
The upgrade was designed to make Avalanche cheaper. It worked.
Bitcoin's volatility is likely to pick up following Fed Chair Jerome Powell's comments, but the potential direction of the price move remains elusive to most traders.
Ethereum price has been a major laggard in the crypto market this year as it remains in a technical bear market. While ETH typically rebounds in February, investing in quality Ethereum rivals may be a good option to generate strong returns and diversify a portfolio.
While ADA and AVAX are swept up in a market-wide dip, FXGuys is surging forward, promising life-changing gains and great long-term rewards to holders!
With the asset currently trading below a significant resistance level, Stellar is finding it difficult to sustain momentum following a botched recovery attempt. Since XLM is still in a consolidation phase without a distinct breakout, the price action points to investor indecision.
As Dogecoin and AVAX failed to gain momentum, experts speculate IntelMarkets could surpass these well-established coins with its massive 45,000% growth potential.
The crypto market is buzzing as Avalanche (AVAX) sets its sights on $75, SUI eyes a climb past SHIB, and Lightchain AI emerges as the next high-potential coin for exponential growth.
Solana, Avalanche, and MOVE are testing crucial technical levels. SOL sees $500, AVAX eyes $100, and MOVE targets a breakout above $0.83.
Though XRP has seen increased activity, as U.Today previously mentioned regarding XRP's 800 million transaction surge, the momentum has not yet translated into a convincing price breakout, so the question of whether a recovery will actually occur remains. XRP's price movement has been bouncing around the $3.18 mark and has had difficulty establishing a definite bullish trend.