Avalanche Seeks to Raise $1B for Crypto Reserves, AVAX Price Soars
AVAX gained 9% in a day after reports that the Avalanche Foundation is exploring a $1 billion fundraising effort to boost adoption.
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
AVAX gained 9% in a day after reports that the Avalanche Foundation is exploring a $1 billion fundraising effort to boost adoption.
Worldcoin rallied over 100% following OpenAI’s $300 billion Oracle computing contract and Bitmine’s strategic $250 million investment in WLD reserves.
Robin Energy Ltd. executed its initial $5 million Bitcoin treasury allocation through Anchorage Digital Bank, causing shares to surge nearly 100% intraday.
With one week until the Fed’s September 17 meeting, prediction markets now show a 15% chance of a 50 basis-point rate cut instead of the expected 25 bps reduction.
Dogecoin has emerged as a top performer among major cryptocurrencies, climbing 15% from $0.20 to $0.25 this week. The rally is fueled by institutional demand and ETF speculation.
Franklin Templeton, a $1.6T asset manager, and Binance, the world’s largest crypto exchange with 275 million users, are collaborating on new products.
Kyrgyzstan’s Parliament has moved forward with legislation that would create a state cryptocurrency reserve and establish comprehensive digital asset regulations. The bill expands presidential powers over virtual asset oversight while introducing regulatory sandboxes for fintech testing.
ProShares has added Coinbase to its product lineup of new ETFs. The product, which will track the price of COIN stock, is dubbed ProShares Ultra COIN (COIA).
Chainlink Data Streams are now live on the Sei Network, aiming to provide low-latency oracle data for institutional and DeFi applications.
Binance.US has reduced trading fees for Bitcoin and several major altcoins in an effort to boost its trading volume, which has remained low since its regulatory issues.
Galaxy Digital’s $40M SOL withdrawal and Solana’s record $12.35B DeFi TVL underscore growing institutional confidence and network strength.
Polygon’s native token POL dropped 4% after a node bug disrupted RPC services and delayed consensus finality.
Metaplanet has closed its international share offering, with a plan to use the proceeds for the purchase of Bitcoin.
India is hesitant to create comprehensive crypto regulations, fearing that doing so could expose the financial system to systemic risks.
MYX Finance rejects fraud claims over its token airdrop, insisting rewards were based on genuine trading and liquidity activity.