Crypto Santa: Trader nets $34K shorting AVAX and LUNA, buy toys for kids
The trader deposited $100,000 into its FTX account and secured nearly $34,000 in net profits. Go to Source Powered by WPeMatico
AVAX
Auto Added by WPeMatico
Avalanche Price Up 15% After Adding USDC to Its Platform
Today, one of the top-performing cryptocurrencies is AVAX, with Avalanche price rising over 15% in the past 24 hours after adding USDC to its platform. In an announcement published today on Coindesk, Ava Labs President John Wu said: “Going forward, this partnership allows native USDC to be minted and printed right on Avalanche, which will … Read more
Traders say ATOM could eventually do an AVAX-like surge to $100
Fractals, bullish technical analysis patterns and the fact that 67% of the total supply is staked are key reasons why analysts expect ATOM to hit new highs shortly. Go to Source Powered by WPeMatico
Ethereum vs. Avax Social Media Battles Rage as L1 Fees Keep Rising
The Ethereum scaling wars are raging on social media due to the problems that this chain is facing, with fees on layer one (L1) at very high levels. Zhu Su, CEO of Three Arrows Capital, a notable crypto VC company, announced he withdrew his support from the project, criticizing the state in which the chain … Read more
Avalanche pushes out Dogecoin from top-10 after AVAX price soars 100% in November
The market cap of AVAX touched $30.32 billion for the first time in history. Go to Source Powered by WPeMatico
Avalanche soars to new highs after Deloitte adoption — But risks emerge for AVAX price
The “Big Four” accountant announced that it would leverage Avalanche’s blockchain for a new project. Go to Source Powered by WPeMatico
Games Coins, Defi Tokens, Metaverse Assets Rise Above Market Downturn With Double-Digit Gains
While digital currencies like bitcoin and ethereum lost roughly 10% in value during the last seven days, the decentralized finance (defi) economy has weathered the storm better than the top two leading crypto assets. A slew of blockchain games coins, defi tokens, and metaverse assets like gala, crypto.com coin, wax, kadena, wonderland, and avalanche have … Read more
Big Four Accounting Firm Deloitte Forges Partnership With Ava Labs to Leverage Avalanche Blockchain
On Tuesday, one of the Big Four accounting organizations, Deloitte announced a strategic partnership with Ava Labs, the team behind the blockchain network Avalanche. According to the announcement, Deloitte’s new cloud-based platform leverages Avalanche in order to “improve security, speed and [the] accuracy of Federal Emergency Management Agency reimbursements.” Deloitte to Utilize Avalanche Protocol to … Read more
3 out of 4 of the Top Smart Contract Tokens Outpaced Ethereum’s 12 Month Gains
While the price of bitcoin has been volatile during the last seven days, a number of smart contract platforms have been performing far better this week. Statistics indicate that the total value locked (TVL) in decentralized finance (defi) is $267 billion and the TVL held on Ethereum commands the lion’s share of this value. Ethereum … Read more
Largest Stablecoin by Market Cap Tether Launches on the Avalanche Network
The largest stablecoin by market capitalization, tether has announced the launch of tethers on the Avalanche blockchain protocol. The stablecoin tether has launched a myriad of blockchain networks and today there’s more than 74.8 billion tethers in circulation today. Tether Launches on Avalanche On Wednesday, Tether Operations Limited, the firm that issues the stablecoin asset … Read more
