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Avalanche Foundation, the non-profit group behind the Layer 1 blockchain, is in "advanced discussions" to establish two cryptocurrency treasury companies in the U.S., according to the Financial Times.The FT report, citing two sources familiar with the matter, stated that the foundation's deal with i…
Avalanche (AVAX) is maintaining a strong uptrend, forming consistent higher highs and higher lows after bouncing off key support.
The crypto market is diving into the end of August and will soon begin the final month of Q3; however, before the end comes the final weekend, which could likely be filled with volatility and developments.Thus, BeInCrypto has analysed three such altcoins that could see a sharp move this weekend.Aval…
Tokenized institutional alternative funds (IAF) surged 47% in the last 30 days, reaching a total value of $1.74 billion, according to data from real-world asset (RWA) tokenization tracker RWA.xyz.The data showed that all protocols except Libre Capital had percentage increases in the last 30 days. Ce…
Today in crypto, Avalanche recorded the highest blockchain transaction growth in a week, with activity rising 66% to 11.9 million transactions across 181,300 active addresses. The US Treasury Department’s FinCEN revealed that US banks have been facilitating billions each year for suspected Chinese m…
Philippine Senator Bam Aquino announced his intention to propose a bill that would lead to the country’s national budget being saved on a blockchain.According to a Facebook post by local news publication BusinessWorld, Aquino plans to file the bill “in the next couple of weeks.” The measures would “…
Flare announced that version 1.2 of the FXRP protocol is currently undergoing a security audit by one of the leading firms in the industry. The audit report is expected in mid-August, after which the updated version will be launched on the Songbird network.FLR InfoFlare Network is a distributed prot…
"The most bullish document I've read on crypto wasn't written by some yahoo on Twitter. It was written by the chairman of the SEC," Bitwise Chief Investment Officer Matt Hougan wrote in a memo to clients late Tuesday — referring to Paul Atkins' new Project Crypto initiative.Announced in a landmark s…
Lynq, a digital asset settlement network developed by Arca Labs, Tassat, and tZERO Group, is onboarding its first institutional clients, according to an announcement on Tuesday. The initial cohort includes 1Konto, StoneX, Archax, FinchTrade, GSR, JST Digital, and 677 Financial Group, among others.“T…
BDACS, a licensed crypto custodian catering to South Korea’s institutional market, has announced support for XRP.The latest launch represents the first concrete result of their collaboration, which was originally unveiled in February 2024.XRP Goes Live on BDACSIn its tweet, BDACS stated that XRP is …
Decentralized oracle network Pyth Network has begun publishing real-time, onchain prices for 85 of the most valuable stocks listed in Hong Kong, giving builders and traders worldwide direct access to one of Asia’s most important equity markets.The price feeds are sourced directly from institutional-…
Crypto Analysis AI, in a recent update on X, highlighted that Avalanche (AVAX) is displaying mixed signals across multiple timeframes. While the short-term (1-hour) chart leans slightly bullish, the medium-term (4-hour) view suggests caution. Price action has recently tested resistance near $23.24 a…