April 11th, 2025
Avax News - Page 4
Avalanche Price Tanks 5% Ahead of $376M AVAX Token Unlock
By Bhushan Akolkar
February 21st, 2024
The forthcoming release of 9.54 million AVAX tokens, representing 2.6% of Avalanche’s entire token supply, is as per the predetermined schedule for the gradual distribution of the altcoin from its inception.
CoinList Announces Masa Community Sale for Over 63.5M Tokens
By Tolu Ajiboye
February 21st, 2024
Masa is set to begin its community sale on March 7, with a minimum order of $50 and a maximum of $2,000, at $0.079 per token.
Citi Explores Private Fund Tokenization on Avalanche in Latest Blockchain Bet
By Steve Muchoki
February 15th, 2024
Citi highlighted that it will continue to develop digital assets solutions in a bid to enhance its products in a regulated manner.
Umoja Releases Beta of Its Crypto Hedging Solution
By Andy Watson
February 13th, 2024
At present, Umoja only supports CeFi-based hedging, but with v2 of its beta, it will turn its attention to DeFi.
Avalanche (AVAX) Price Jumps 6% Past $40 Ahead of Durango Upgrade
By Bhushan Akolkar
February 13th, 2024
AVAX price rallies ahead of the Avalanche Durango upgrade which would go live on the Fuji testnet today. A successful implementation could propel AVAX price to $50.
Dow, Nasdaq, S&P 500 Had Their Worst Trading Days Since Last Year as Fed Signals No Rate Cuts
By Tolu Ajiboye
February 1st, 2024
The stock market reacted negatively to the Fed Chair’s comment indicating that the apex bank was uninterested in rate cuts until after March.
Andromeda to Transform Web3 with Launch of Native Operating System
By Godfrey Benjamin
January 31st, 2024
One of the key advantages of aOS is its universal compatibility, allowing the creation of apps deployable on any blockchain network within the Cosmos ecosystem.
ZetaChain to Launch Cross-Chain Mainnet for Bitcoin, Ethereum and Others in a Few Days
By Tolu Ajiboye
January 31st, 2024
Although there is no specific date, the ZetaChain mainnet is set to launch in a few days, to integrate multiple networks on one platform.
SEC Calls for Public Comments as It Announces Delay in Making Decision on Grayscale’s ETH ETF
By Tolu Ajiboye
January 26th, 2024
The SEC has instituted proceedings that include a call for public comments as it delays a decision on Grayscale’s ETH ETF.
Coinbase Institutional Executives Are Optimistic about Crypto Going Mainstream after ETF Approval
By Tolu Ajiboye
January 25th, 2024
The Coinbase execs believe that crypto can go mainstream, describing the current period as the next chapter for cryptocurrencies.
Bitcoin Price Back Over $40,000 as SOL and AVAX Lead Altcoin Recovery
By Mercy Tukiya Mutanya
January 24th, 2024
While it is expected that the selling pressure will continue to ease as FTX is done selling its shares, large outflows from GBTC could result in further price declines in Bitcoin.
Arcade2Earn Secures $4.8M for P2E Platform in Funding Round Led by Crypto.com Capital
By Bhushan Akolkar
January 24th, 2024
According to Josh Poole, Co-founder and CEO of Arcade2Earn, the decision to shift to Ethereum and Avalanche was due to the realization that certain technical requirements were better suited for these platforms, despite the majority of the application being already built on Solana.
Avalanche Foundation Sets Guidelines for Meme Coin Purchases
By Godfrey Benjamin
January 23rd, 2024
By allocating a portion of the Culture Catalyst fund to selected meme tokens, the Avalanche Foundation aims to diversify its portfolio and support the ecosystem of creativity, culture, and lifestyle facilitated by blockchain technology.
Analysts Anticipate Further Price Dip as Bitcoin (BTC) Decline Affects Solana, Avalanche, Others
By Temitope Olatunji
January 23rd, 2024
While short-term sentiment remains negative, most experts do not see this decline as doom just yet. A recovery in Bitcoin price is expected to increase investors’ confidence in altcoins too.
Bitcoin Price Falls Below $40,000 as Grayscale’s ETF Continues Recording Outflows
By Tolu Ajiboye
January 23rd, 2024
Bitcoin has fallen below $40k despite the SEC’s approval of spot ETFs, with the Grayscale ETF losing more than $2 billion since then.