Tag: $AVAX
Avalanche is a decentralized, open-source blockchain with smart contract functionality. AVAX is the native cryptocurrency of the platform.
Today’s worldwide cryptocurrency market valuation is $1.11 trillion, a decrease of 1.58 percent in the previous 24 hours and a decrease of 34.54 percent over the last year. Currently, Bitcoin (BTC) has a market capitalization of $437 billion, a 39.41% share of the whole cryptocurrency market. At $153 billion, Stablecoins have a 13.79 percent stake in the overall cryptocurrency market capital.
Market Cap: $2,450,408,171,855.0924h...
Avalanche Bridge adds native support for Bitcoin; AVAX goes up 7.4%
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The Avalanche bridge has been updated to include native support for Bitcoin (BTC), with the cross-chain smart contracts platform seeing a 7.4% increase in its native token AVX as a result, despite DeFi activity is going down.
The news comes after the company announced that it would be adding BTC support to its platform back in October. The update is part of a wider effort by Avalanche to expand its ability to interact with other blockchains.
AVAX,...
February 11: Ava Labs to Host Web 3.0 Workshop in Mexico City
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Developers will learn how NFTs, GameFi, and DeFi are fueling the growth of Web 3.0 applications
Within the framework of the 3rd date of the ABB FIA Formula E World Championship, Ava Labs, the company that promotes the development of Avalanche, will carry out a Web 3.0 education day for developers and enthusiasts of blockchain and digital assets, next Friday the 11th of February in Mexico City. Avalanche is the fastest smart contract platform...
Crypto Today: CBDCs; Solana, Avalanche, Crypto prices; Kazakhstan protests
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Cryptocurrencies and CBDCs could Coexist
It is possible for private cryptocurrencies, including stablecoins, to coexist with a digital currency issued by the central bank, according to Federal Reserve Chair Jerome Powell on Tuesday.
He was replying to a question made by Sen. Pat Toomey during a confirmation hearing for a second term as the central bank’s president and chief executive officer in Philadelphia.
Powell’s words...