Tag: avax

The cryptocurrency market is not facing the best times as there is a significant bear market in 2022, and many crypto coins are hitting severe lows. According to many crypto analysts and enthusiasts alike, now may not be the best time to buy some coins. The bear market has taken a while, and many crypto analysts have predicted that a wild bull run...

DeFi offers to help curb the intricate network of the dysfunctional banking industry. A single body governed every facet of finance, including transactions, loans, and stock prices which led to widespread corruption and unethical business practices.

Crypto media platform, Coinwire released a quarterly report on Avalanche. If you...

Coinwire, a cryptocurrency news platform, recently released its Avalanche quarterly report, which focused on key moments in Avalanche during the second quarter of the year. The report covers April to June. According to the quarterly piece, key events such as 3AC’s collapse severely affected the Avalanche...

On July 18th, the Avalanche (AVAX) price gave a decisive breakout from the $22 resistance indicating the buyers are ready for another leg up. The ongoing retracement phase amid the falling BTC price retest the breached resistance. However, the traders should wait for a reversal sign at this potential support before entering a bullish trade....

The V-shaped recovery in the AVAX/USDT pair shows a bull cycle within the ascending triangle pattern. The bullish rally pushed the coin price to a $22-21.2 mark to rechallenge this weekly resistance. Furthermore, a decisive breakout above the mentioned barrier would trigger the triangle pattern for a potential rally to the $27.8 mark. Key points:...

The crypto market continues to consolidate after the previous crypto crash. Many cryptocurrencies formed sideway trends, which is the perfect swing trading opportunity for crypto traders. Other cryptos showed signs of renewed hope, forming a new uptrend in their technical formation. Avalanche is one of those cryptos that showed an interesting formation in its price...

The AAVE price takes a bullish turnaround from the bottom support level at the dollar $46 mark resulting in a rounding bottom reversal. Over the last week, the $40 percent growth completes the rounding bottom and results in a bullish breakout of the falling wedge pattern. Will this breakout rally surpass the overhead resistance at...

Over the past three weeks, the...

On June 24th, the Avalanche (AVAX) buyers breached the six-week-long...

Avalanche recently added support for Bitcoin in its native cross-chain bridge. Since its launch in August of last year, the Avalanche Bridge has made it possible to send ERC20 assets quickly and securely between the Ethereum and Avalanche networks. In less than a year since its debut, the bridge has executed more than $50 billion in transfers and assisted in expanding the Avalanche...

Avalanche(AVAX) price has steadily fallen, responding to a falling parallel channel pattern. The downward spiral dumped the altcoin to a $14 low, offering enough demand pressure for another bullish cycle within the pattern. Can the potential rally hit the $38 mark? Key points: The AVAX jumps from $14 support with a tweezer bottom candle Falling...

Getting massive returns on investments is every crypto Investors dream. To that effect, investors are always on the lookout for any crypto that can offer this service. The creation of new cryptos every day is supposed to solve this issue, but it's not as easy as it seems. Mehracki (MKI), Avalanche (AVAX), and Axie Infinity (AXS) are three coins that are currently making...

A new descending trendline carrying the ongoing downfall has pulled the Avalanche(AVAX) price back to $22 support....

Yield Yak is an auto-compounding platform that optimizes users' profit on liquidity mining programs by using yield farming rewards. The platform gathers data from Avalanche-based decentralized exchanges, such as Pangolin. It then allows its users to get better rates for their deals....

Investors' interest in alternative Layer 1s, or blockchain networks other than ETH and BTC, peaked in 2021. They were termed Ethereum killers because they sought to outperform the original smart contract platform in terms of speed, cost, and efficiency. The two cornerstones of blockchain are DeFi and Web3 capabilities, without which most chains will...

Avalanche remains a strong network for DeFi projects seeking to scale. The platform is a decentralized, open-source proof-of-stake blockchain. It also has smart contract functionality. AVAX, Avalanche’s native token, powers the entire Avalanche ecosystem. The crypto market has been rough since the year began. However, Avalanche has managed to keep moving forward the last few months. But, AVAX is currently a far cry...

Anchor Protocol is one of the many projects launched on Avalanche this year. Since then, Anchor has emerged as an amazing platform for $AVAX holders seeking to earn yield on their tokens. So, you can now use staked $AVAX ($sAVAX) as collateral on Anchor Protocol. The process isn’t scary at all. However, it requires patience. Our previous...

The 11th-largest cryptocurrency, Avalanche (AVAX), surged on Thursday after digital asset manager Valkyrie launched an investment trust devoted to the token. In just a few hours, AVAX soared 14% to a one-week high of $68.36. The jump occurred shortly after Valkyrie's announcement, which is expected to attract more institutional funds to the Avalanche blockchain. Institutional […]

Avalanche was one of the breakthrough blockchain platforms in 2021. However, the scalable blockchain network has remained an outstanding performer since the year began. In addition, recent reports show that Avalanche's Q1 was a success compared to 2021 Q4. But, Avalanche's success did not come cheap. The platform attributes its success to a number of factors. For a start, Avalanche...