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In a big advance toward the familiar use of digital assets, investment management firm VanEck has gone and done something quite novel. They have filed with the U.S. Securities and Exchange Commission (SEC) to list a spot Avalanche (AVAX) exchange-traded fund (ETF) on the Nasdaq stock exchange. If, after a customary wait of several months, … Read more
Starting this week with a sell-off, Avax found support and recovered after registering a double-digit loss in a week. This brought a slight break in the bloodbath as it currently posts gains daily. Following months of consistent price reductions, Avax appears highly bearish on the mid-term scale as it continues to flip through several key … Read more
Since it bounced off a year low a week ago, Avax has remained stuck in a consolidation due to low volatility. While looking indecisive, a surge would determine where it will likely head next. Avax’s bearish trajectory remains intact on the daily chart with no signs of reversal yet. Although it has seen a small … Read more
The past month marked Avax’s biggest drop since it started to lose momentum in December. Losing over 70% of its valuation so far, it tested a year low today but has seen a slight bounce. Avax’s bearish trend has continued to expand monthly due to a steady reduction. Looking at the recent setup, bigger drops … Read more
Looking back, Avax has shed a major loss in the past two months as it entered a crucial support zone daily. It has paused selling, but a surge from this zone should determine the next direction of the market. The recent price recovery came as a relief for many bull traders as they hope for … Read more
In a key advancement for the crypto sector, Swedish asset management company @VirtuneAB has brought to bear its first ETPs in the direct investment space for two major blockchain networks—Avalanche and Cardano. This move has made the ETPs available on Nasdaq Helsinki, allowing investors in Finland to access the crypto market in a manner consistent … Read more
Bitcoin’s chance of hitting a new all-time high has increased, buoyed by expectations of the adoption of a US Bitcoin reserve. Go to Source
Bitcoin’s recovery to $100,000 is likely to be met with strong resistance, but if the bulls prevail, the next stop is near $108,300. Go to Source
Bitcoin’s fall below $90,000 is a negative sign, but the bulls are expected to vigorously defend the $85,000 level. Go to Source
Bitcoin’s bounce above $94,000 suggests that the bulls remain buyers on dips, increasing the possibility of a retest of $100,000. Go to Source
