
AVAX News Avalanche (Wormhole)
Price of 1 Avalanche (Wormhole) today (12 May)
$ 25.35
3.25%
Latest news on Avalanche (Wormhole) (AVAX) now
Crypto Market Gains as Trump Trade Deal Hint Boosts Sentiment
The crypto market is experiencing upward momentum, driven by positive sentiment following President Trump's trade deal hints. Key developments...

Federal Reserve Signals Stagflation Risk Amid Steady Interest Rates
The Federal Reserve is increasingly concerned about stagflation, characterized by slowing growth and rising inflation. Key points include:
Chair...

CoinDesk 20 Index Rises to 2736.75 with Litecoin Leading Gains
The CoinDesk 20 Index is at 2736.75, with a 1.5% increase (+41.53) since 4 p.m. ET on Tuesday.
Sixteen of the twenty assets are trading higher....

Blockchain Industry Faces Skepticism Over New Layer 1 Chains
The blockchain industry faces skepticism regarding new layer 1 (L1) chains. Recent fundraising efforts illustrate this trend:
Camp Network...
Avalanche Tests Key Support Level at $20 After 55% Surge
Avalanche (AVAX) is testing the $20 support level after a 55% surge from early April lows. This level is crucial for maintaining bullish momentum.
...

CoinDesk 20 Index Falls 2.9%, NEAR and AVAX Drop 7.4%
The CoinDesk 20 Index reports a current trading value of 2699.5, reflecting a decrease of 2.9% (-80.53) since Friday at 4 p.m. ET.
Key points:
...

Avalanche (AVAX) Shows Buy Signal, Potential Breakout to $30
Avalanche (AVAX) is currently trading at $19.92, having rebounded nearly 9% over the past month after dropping to $16 from a local peak of $54. Key...
CoinDesk 20 Index Trades at 2786.55, Down 0.4%
The CoinDesk 20 Index is currently at 2786.55, down 0.4% (-11.45) since Thursday at 4 p.m. ET.
Four out of 20 assets are trading higher....

Dao5 Raises $222 Million Fund for Institutional Blockchain Projects
Crypto investment firm dao5 has raised a $222 million fund dedicated to blockchain projects aimed at institutional and government adoption,...

SEC May Approve Spot Altcoin ETFs by End of 2025
Analysts project a high likelihood of U.S. Securities and Exchange Commission (SEC) approval for spot altcoin ETFs by the end of 2025, estimating a...

Mesh to Integrate Crypto Payments with Apple Pay by Q2 2025
Mesh, a crypto payments firm, plans to integrate with Apple Pay. This will enable shoppers to buy products using cryptocurrencies while merchants...
Crypto Market Shows Recovery After Early Declines Amid U.S. Stock Reversal
Crypto markets experienced volatility on Wednesday, maintaining a tight trading range.
Bitcoin (BTC) traded at $94,700, down 0.4% over 24 hours.
At...

SUI Surges 56% Weekly, Targets $4 Resistance Level
SUI has surged 56% over the past week, restoring bullish sentiment. The token increased by 11% on Thursday, reclaiming the $3 mark after a prolonged...

Lynq Launches Yield-Bearing Settlement Network for Institutional Clients
A new settlement network named Lynq is set to launch, powered by the Arca Institutional US Treasury Fund (TFND), which holds a portfolio of...
AVAX Token Breaks Out with 10.7% Gain Amid Market Strength
Avalanche's AVAX token has emerged from a multi-week correction, showing resilience amid geopolitical tensions impacting cryptocurrency...

Neutrl Launches NUSD Token After Raising $5 Million in Funding
Neutrl is a new decentralized finance (DeFi) protocol that aims to democratize hedge fund trading through its NUSD "synthetic dollar" token. This...

CoinDesk 20 Index Declines 1.0% with AVAX Down 2.1%
The CoinDesk 20 Index updates show the following market performance:
Current value: 2428.16, down 1.0% (-25.41) since 4 p.m. ET on Tuesday
One...

Solayer Launches Emerald Card for Crypto Users with Rewards Program
Crypto firm Solayer is launching the Emerald Card, a debit card for crypto users, utilizing the Solayer Infini Solana Virtual Machine (SVM) L1...
Ethereum Rally Could Drive Significant Gains for Multiple Altcoins
Analyst Alex Becker predicts that Ethereum may reach new all-time highs, potentially boosting smaller cryptocurrencies.
Ethereum Recovery
...

Bitcoin Rises to $85,000 Amid Market Adjustments and Fed Comments
Bitcoin (BTC) rose 1.6% over the last 24 hours, trading near $85,000. Ether (ETH) increased by 2.7% to $1,630. The CoinDesk 20 Index advanced 1.2%,...

Market Data Indicates Positive Outlook for Bitcoin's Future Performance
Bitcoin and cryptocurrencies displayed resilience amidst volatile global markets, with Bitcoin rising approximately 5% and the CoinDesk 20 Index up...

U.S. Consumer Sentiment Falls to 50.8 Amid Trade Tensions and Inflation Concerns
U.S.-China trade tensions are impacting global markets, with new data showing declining sentiment towards the U.S. economy and rising inflation...

Bitcoin Surges to $81K as Trump Delays Tariffs on Other Countries
Cryptocurrencies experienced a surge following Donald Trump's announcement regarding tariffs. Key points include:
Trump announced a 90-day delay...

WisdomTree Expands Tokenized Fund Platform to Include Four Blockchain Networks
WisdomTree is expanding its asset tokenization efforts by enhancing its institutional investment platform, WisdomTree Connect, to feature 13...

Standard Chartered Projects Avalanche to Reach $250 by 2029
Standard Chartered released five-year price projections for Avalanche (AVAX), Bitcoin (BTC), and Ethereum (ETH), indicating significant growth...

WisdomTree Connect Expands Access to Tokenized Funds Across Multiple EVM Chains
WisdomTree expands access to its tokenized funds through the WisdomTree Connect platform, now available on Arbitrum, Base, Avalanche, Ethereum, and...
Ronin Founder Critiques Ava Labs' Focus on AAA Crypto Gaming
Debate continues over the viability of "AAA" blockchain games versus simpler mobile games in the crypto gaming sector.
Key points from recent...
Avalanche's AVAX Price Target Set at $250 by 2029
Standard Chartered's Geoff Kendrick projects significant growth for Avalanche's AVAX token, predicting it will outperform both Bitcoin and Ethereum...

Japanese Bank SMBC Collaborates with Ava Labs for Stablecoin Launch
Sumitomo Mitsui Financial Group (SMBC), Japan’s second-largest bank, is developing a stablecoin with Ava Labs and Fireblocks. This initiative...
VanEck Registers for BNB ETF Listing in Delaware for SEC Approval
Investment manager VanEck has registered to list an exchange-traded fund (ETF) for BNB, the cryptocurrency of the Binance-linked BNB Chain. Key...
