Avalanche (AVAX) has been on a phenomenal upward trend as overall market optimism has buoyed it. Recently, the token surpassed crucial resistance levels fueled by recent Federal Reserve rate cuts and Donald Trump's election victory.

NEAR Protocol, the scalable blockchain network known for its speed and efficiency, is making headlines as its native token shows significant price action. After breaking through months of resistance, the price of NEAR has pulled back, retesting the critical $5 support level.

BlackRock announced on Wednesday that it is expanding its tokenized liquidity fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to operate on multiple blockchain platforms.

BlackRock has expanded its BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to five additional blockchains—Aptos, Arbitrum, Avalanche, Optimism, and Polygon—enhancing access to tokenized real-world assets and integrating with decentralized finance ecosystems. The post BlackRock's BUIDL Expands to Aptos, Arbitrum, Avalanche, Optimism and Polygon appeared first on Cryptonews.

Asset management titan BlackRock is announcing the expansion of its proprietary BUIDL, the company's on-chain money market fund, across five new blockchains.

The tokenized money market fund will launch on nearly half a dozen new blockchain networks.

Bitcoin is showing no signs of stopping its advance toward $100,000, and several altcoins look poised to follow.

BlackRock is expanding its tokenized fund — BUIDL — to multiple blockchains.

BUIDL currently leads the tokenized government securities market with $517 million in assets under management.

BlackRocks BUIDL fund now spans Aptos, Arbitrum, Avalanche, Optimism, and Polygon, enhancing access for digital asset investors. The post BlackRock expands BUIDL fund access across Aptos, Arbitrum, Avalanche, Optimism, and Polygon appeared first on Crypto Briefing.

American multinational investment company BlackRock Inc has broadened the supported platforms for the BUIDL product. Per the latest update, the product has now expanded to different layer-1 and 2 networks to boost its overall diversity.

AVAX price is down 12% in the last 24 hours after liquidity began flowing out of large caps and into mid-caps, causing projects like PNUT and DOGE to soar double-digit percentages. Nevertheless, market observers are still bullish on Avalanche, calling $130 the base.

Good news could be ahead for this altcoin thanks to one certain update!

Near Protocol has established itself as a notable player in the blockchain ecosystem, offering a unique set of features like fast transaction speeds, low fees, and a commitment to environmental sustainability. As a result, the native token, NEAR, has garnered significant attention.

Demand is surging for tokenized RWAs offering low-risk yield from Treasury bills.

HERE Wallet, the leading NEAR Protocol crypto wallet, has partnered with web3 security protocol HAPI to establish HOT Labs. This new joint venture aims to accelerate the development of user-centric crypto solutions, enhancing both accessibility and security in the blockchain space.

The crypto market has achieved the $3 Trillion mark as the Bitcoin price approaches the $90,000 mark. Following this, top altcoins such as Avalanche have gained a significant uptrend in their valuation over the past few days.

With the integration of Avalanche, Orderly now supports seven blockchains, enhancing its footprint in the DeFi space.

Avalanche (AVAX) price has experienced a notable upswing recently, gaining momentum amid the broader crypto market's bullish trend. The cryptocurrency climbed past a key resistance level as the market reacted positively to recent events, including Donald Trump's election victory and the Federal Reserve's rate cuts.

Deutsche Telekom AG, the world's fifth-largest telecommunications provider by revenue, has taken a notable step into blockchain by joining the NEAR ecosystem as an Enterprise Node Operator. The partnership, announced on 11 November, positions the German telecom giant as a validator, strengthening NEAR Protocol's decentralisation and enhancing network security.

German telecom giant Deutsche Telekom has become the first telecommunication company to operate a validator within the NEAR Protocol.

Avalanche price rose and crossed an important resistance level as cryptocurrencies jumped following Donald Trump's election victory and Federal Reserve cuts. The AVAX token jumped to a high of $35.55, its hghestc swing since June 7. It has popped by 105% from its lowest level in August.

Avalanche (AVAX) has been on a strong upward trajectory, already surging 40% in recent weeks, and analysts believe the cryptocurrency may have room for even more growth. The digital asset is showing promising signs of continued bullish momentum, with technical indicators suggesting that AVAX could rally by as much as 35% in the near future.

TL;DR Near Protocol introduced its project to create the world's largest open-source AI model, with 1.4 trillion parameters. The platform integrated its mainnet with MetaMask and all Ethereum wallets, allowing users to access its applications without changing wallets. This integration will be key to enhancing chain abstraction, promoting interoperability and efficiency in DeFi.

The price of Avalanche (AVAX) is rebounding as it breaks above moving average lines.

Delta Protocol was exploited on Avalanche and Arbitrum, losing an estimated $4.8M, sent to five known addresses and to other DeFi pools.

Orderly Network, a cloud-based liquidity infrastructure platform, has announced its expansion onto Avalanche (AVAX), a platform powering decentralized applications (dApps) and custom blockchain networks, as reported to Finbold on Monday, November 11.

Infinex has integrated Near Foundation's Chain Signature feature in a bid to boost interoperability among multiple protocols

The DeFi liquidity protocol has already paused operations on Arbitrum and Avalanche blockchains as the team investigates the vulnerability.

AVAX price retraced 1% in the last 24 hours after soaring 32% in the last 7 days. Trading at $31.2, the price of AVAX sits at a crucial resistance level, which, if broken, could catapult the asset to previous yearly highs.

The mainnet is now also compatible with MetaMask and with the entire suite of Ethereum wallets.

Infinex, founded by Kain Warwick, has inked a partnership with Near Foundation to integrate Near Chain Signatures.

AVAX has already gained an impressive 40% and seems poised for more upside momentum.

Near Protocol has announced plans to build the largest open-source artificial intelligence model worldwide. The platform announced the initiative on the opening day of its Redacted conference, held in Bangkok, Thailand.

Avalanche (AVAX) has surged over 40%, reaching a critical supply level that, if broken, could trigger a substantial rally. The recent surge has captured the attention of traders and investors who recognize the potential of Layer-1 blockchains as AVAX positions itself as a leading contender in the space.

The 1.4 trillion parameter model would be 3.5 times bigger than Meta's current open-source Llama model.

Amid the ongoing bull run, recent data revealed that whales are now stepping into Avalanche (AVAX), indicating a potentially bullish signal. Currently, most cryptocurrencies are experiencing bullish breakouts, and with recent whale participation, it appears that AVAX may follow suit.

By recording 5 consecutive days of positive price action, the Avalanche price is on the verge of achieving the $30 mark. Notably, the 12th largest cryptocurrency by market cap has added ~20% this week, making this the first such bullish week since August.

This week, the cryptocurrency market saw a notable surge following a strong Republican victory in the U.S. elections, with Donald Trump securing a second term. Bitcoin (BTC) reached a fresh all-time high, climbing above $77,000 on Friday as renewed optimism flooded the market.

Avalanche (AVAX), a leading blockchain platform known for its speed and scalability, has seen an impressive 24% surge in price over the past two days. The cryptocurrency's recent rebound from the $22 mark has led to renewed optimism in the market, as it tests a critical support level at around $28.

Bitcoin hit a new all-time high at $77,000, boosting buying in several altcoins, which have also broken above their respective resistance levels.

Investors often monitor the buying patterns of crypto whales, as these large players can heavily influence market prices. The first week of November 2024 has been no exception, with whales funneling substantial funds into several altcoins.

AVAX has surged 24% over 48 hours to test the $28 price level, driven by increased whale activity and trading volume, while facing technical resistance and potential retracement risks due to a large liquidation pool at $26.73.

The Avalanche Foundation has successfully completed the repurchase of 1.97 million AVAX tokens from the now-defunct Luna Foundation Guard (LFG), an organization originally created by Terraform Labs to support the Terra blockchain ecosystem.

AVAX tests critical support as positive sentiment overwhelms retracement risks from liquidations leverage.

Avalanche price has crawled back in the past three days and was attempting to cross the 50-day moving average. AVAX, the thirteenth biggest cryptocurrency, was trading at $27.10, up from this week's low of $22.75.

Analysts expect AVAX to rally soon backed by several catalysts.

The Avalanche Foundation has finalized the repurchase of 1.97 million AVAX tokens previously held by the now-defunct Luna Foundation Guard (LFG). The post Avalanche Foundation Buys Back 1.97M AVAX Tokens from Luna Foundation Guard appeared first on Cryptonews.