Avalanche News

Bitcoin and most major altcoins are attempting a recovery, but they are likely to face strong resistance at higher levels.

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.

It’s clear that bears have nearly extinguished all signs of bullish momentum after BTC price falls below $52,000 and altcoins take a severe belting.

Bitcoin continues to encounter resistance near $60,000, but this hasn’t stopped altcoins from advancing on their previous all-time highs.

AVAX is one of the year’s top crypto performers, with the likes of Three Arrows Capital and Polychain Capital supporting the PoS chain.

Bitcoin and most major altcoins rebounded off their strong support levels, but the real challenge for the bulls is to sustain the momentum and clear the $60,000 resistance level.

Bitcoin and most major altcoins are on the verge of starting a deeper correction, which will signal that a short-term top may be in place.

Su Zhu backtracked after the initial scathing comments, saying that he “loves Ethereum and what it stands for.”

The market cap of AVAX touched $30.32 billion for the first time in its history.

Avalanche Foundation showcases a six-figure ecosystem fund, wXRP set to launch smart contracts on Ethereum, and AllianceBlock joins forces with Flare — all coming to you in this week’s Finance Redefined.

The $200-million fund aims to foster growth and innovation on the Avalanche network.

The integration will allow users of the blockchain to access algorithmic language AMPL for stabilized contract interaction.