
April 11th, 2025
Telegram-backed Toncoin (TON) has been the best-performing top-ten crypto project in the past few weeks.
The recent upward momentum in Bitcoin (BTC) price has prompted options traders to reassess the likelihood of the cryptocurrency reaching the $100,000 by the year-end.
The recent Bitcoin price rise above $65K has carried with it the altcoin market led by Solana, Toncoin, and Avalanche, among others.
Several prominent Avalanche ecosystem partners have already signaled their intention to integrate with Stripe, including GoGoPool, Avvy, Pakt, zeroone, Halliday, The Arena, Shrapnel, and DeFi Kingdoms.
Bitcoin’s decline to $64,000 had a widespread impact on the overall market, particularly affecting altcoins, which experienced larger drops than BTC.
Last week at the Token2049 crypto conference in Dubai, Tether unveiled its partnership with the TON Foundation, enabling Tether to mint USDT on the TON blockchain.
The Cardano ecosystem has thrived in the web3 sector thus bolstering the bullish outlook for ADA price after the Bitcoin halving 2024.
Apart from SBTC, the company offers access to other fully hedged digital asset ETPs, which come with competitive management fees, ensuring accessibility for a wide range of investors.
The Chainlink’s new bridge platform Transporter aims at moving high-value data across multiple chains, including Ethereum, Arbitrum, BNB Chain, Polygon, and Base, among others.
Clearpool, an on-chain credit marketplace linking institutional borrowers to lenders in the crypto industry, has entered the Avalanche ecosystem with the introduction of Credit Vaults, a unique offering supported by real-world assets (RWAs).
The integration of Masa Network and LayerZero through a dedicated Avalanche Subnet will enable the former’s seamless communication with Ethereum and BSC chains.
Avalanche will off $1 million in incentives via the Memecoin Rush program to improve liquidity and general accessibility of community coins.
The Teleporter release is part of the Avalanche Durango Upgrade, expected to improve developer experience on the network.
Commenting on Bitcoin’s recent movements, Mike Novogratz, CEO of Galaxy Digital, noted that BTC is in a price discovery phase, fueled by increased accessibility to US investors.
The network’s native token AVAX saw a 3.7% drop in price following the outage, reflecting an immediate market reaction.