Analysts expect AVAX to rally soon backed by several catalysts.

The Avalanche Foundation has finalized the repurchase of 1.97 million AVAX tokens previously held by the now-defunct Luna Foundation Guard (LFG). The post Avalanche Foundation Buys Back 1.97M AVAX Tokens from Luna Foundation Guard appeared first on Cryptonews.

Binance, one of the world's largest cryptocurrency exchanges, has issued a key notification regarding upcoming Tether (USDT) transfers across multiple networks.

The AVAX tokens were purchased for $100 million a month before the infamous Terra Luna collapse.

The AVAX tokens were purchased for $100 million a month before the infamous Terra Luna collapse.

The Avalanche Foundation has completed the repurchase of 1.97 million AVAX tokens from the Luna Foundation Guard, ending its association with the collapsed Terra blockchain.

Crypto markets cheered Donald Trump's win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.

Luna Classic price was previously boosted by a court-sanctioned burn of 4% of LUNC token, and Trump's win just brought in new propulsion.

Terra Luna Classic's price rose for the second consecutive day as token burn activity accelerated this week. Terra Luna Classic (LUNC), the remnant of the collapsed Terra network, reached an intraday high of $0.

Terra Luna Classic price is inching closer to a breakout following increased market volatility resulting from the just-completed U.S. elections. LUNC price increased by 8.6% in the last 24 hours and is trading at $0.00009162 after Bitcoin momentum picked up and pushed the entire crypto market up by 6.4% to $2.588 trillion.

During Tuesday's trading session, the cryptocurrency market took a bullish turnaround as United States voters prepared to elect their 47th president. With the 2024 presidential election expected to act as a catalyst for a crypto bull run, a market analyst noted that Avalanche price rally mirrors its 2021 performance.

The Terra Classic price crawled back on Tuesday, November 5, reaching an intraday high of $0.000086. This LUNC recovery happened after Terra announced that it had permanently closed the Shuttle Bridge and burned the remaining tokens.

The price of Avalanche (AVAX) is declining and returning to its downtrend. Price analysis by Coinidol.com.

The real-world assets (RWA) tokenization platform Securitize, in partnership with BlackRock, is set to launch its BUIDL tokenized fund on Avalanche. According to on-chain data, the contract for the fund has already been deployed and funded, showing that it is a concrete plan.

Terraform Labs (TFL) has executed a large-scale token burn of 251 billion Terra Luna Classic (LUNC) and 264 million TerraClassicUSD (USTC) tokens from circulation. The burn was part of a settlement with the U.S. Securities and Exchange Commission (SEC) that required TFL to dispose of specific assets held in its Shuttle Bridge wallets.

After confirming a bearish signal, the AVAX price is teetering on the edge of a 25% decline. This development has sparked concerns among investors about the crypto asset's near-term outlook.

This month's token unlocks include both “cliff” releases, where the digital assets are unlocked all at once, and “linear” releases, where tokens are gradually unlocked over time.

The unveiling of Avalanche's Visa-enabled crypto card marks a significant step in making digital currencies as usable as traditional debit cards in daily transactions. This advancement highlights the rapid evolution of digital currency tools, with platforms like Trust Wallet and Plus Wallet innovating to meet users' diverse needs.

Terra Classic is on the move! A breakout rally is building up, driven by high trading volume and a strong, bullish market trend.

The Terra Luna Classic community has approved a new tax handling proposal aimed at simplifying the tax system on the Terra Classic blockchain. This “Reverse Charge” mechanism changes how taxes are deducted in transactions, making it easier for developers and users to navigate the system.

An uptick could be on the cards, but AVAX needs to meet a few conditions first!

The cryptocurrency market begins to show signs of recovery, investors are eagerly watching Avalanche (AVAX), a popular altcoin. Currently priced around $26.38, many are asking: can AVAX reach the significant milestone of $100 by the end of 2024?

Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.

The world's largest crypto exchange Binance burned 1.048 billion Terra Luna Classic tokens in the 27th batch of its LUNC burn mechanism. With the latest Binance LUNC burn, the total tokens burned by the Terra Classic community reached almost 137 billion.

Terra Classic [LUNC] price has sparked fresh optimism within the crypto community following a bullish breakout from an ascending triangle pattern. This technical move suggests a potential rally, even as broader market corrections persist.

Terra Classic's breakout rally gains traction with strong volume and bullish market patterns.

Avalanche (AVAX) navigates a challenging market landscape, buyers are assessing whether now is the right time to enter or increase their positions. Currently, AVAX is testing a crucial support level, and understanding the technical indicators and market sentiment can help investors make informed decisions.

Ever since the launch of the Bitcoin ETF, the institutions have been accumulating the token heavily. As the price is ascending towards the ATH, these activities have been intensifying, and as a result, the total ETFs held by them have now surpassed the Bitcoins held by Satoshi Nakamoto.

As Ethereum's dominance wanes, rising stars like CYBRO, Solana, Avalanche, and Tron capture investor attention with unique features. #partnercontent

Avalanche's MVRV score suggest that AVAX is currently undervalued.

After the 3rd biggest inflow in terms of US dollar equivalent in BTC on Wednesday, Thursday has now seen the 2nd biggest inflow, as the U.S. Spot Bitcoin ETFs purchased another $896.3M worth of $BTC. As these massive amounts of BTC are hoovered up out of the market, the $BTC price is coiling up ready to explode higher.

Lottie Player was used to spread malicious wallet drainer links. The widely used library was infected with malicious versions, after someone used a compromised developer key for publication rights to NPM.

Bitcoin's shallow pullback shows buyers are not rushing to the exit and increases the likelihood of a rebound to new all-time highs. Will altcoins follow?

The price of Avalanche (AVAX) is correcting upwards after recovering from its decline on August 5. Meanwhile, AVAX price has risen above the moving average lines four times, but buyers have not been able to keep up with the uptrend.

As the cryptocurrency market evolves, new players emerge while established coins continually innovate. This article explores five coins and projects: Qubetics, Ripple, Avalanche, Chainlink, and Solana. With unique features and value propositions, these coins showcase various technologies, applications, and growth potentials in the crypto ecosystem.

Shiba Inu's (SHIB) market cap has surpassed that of Avalanche (AVAX) today, following a 7% price increase in the last 24 hours. This development means that the Shiba Inu crypto now has a market cap of $10.98 billion, making it the 12th most valuable cryptocurrency in the market.

As the flagship cryptocurrency Bitcoin has staged an impressive rally and surpassed the $71,000 price level, many altcoins are following suit on the market. Among them is the second largest canine-themed coin, Shiba Inu (SHIB).

AVAX seemed to be testing a key support at press time, but is there more to come?

A look at the day ahead in European and global markets from Kevin Buckland

In October, Cardano price traded nearly sideways despite high expectations for a bullish trend. This prolonged consolidation offers little optimism for ADA's better performance in November.

The cryptocurrency market begins to stir with renewed activity, Bitcoin's recent price rebound is capturing attention and surging hope among investors. Currently trading around $67,770, Bitcoin's resurgence has led to a ripple effect, boosting interest in various altcoins, particularly XRP, Solana (SOL), and Avalanche (AVAX).

The recent plunging sentiment in the market had alerted the majority of crypto investors about the potential crash, but there was only so much traders could do about their investments in a short time span.

The Terra Classic community is voting on a proposal to reduce users' network costs. The codebase currently deploys forked versions, which increases total maintenance costs and missed upstream improvements.

Toncoin has proven its strength in the market, with its market cap surpassing big names like Cardano (ADA) and Avalanche (AVAX).

Despite concluding the second week of “Uptober” positively, the crypto market has stumbled over the past six days due to increased geopolitical tensions. Following this, top cryptocurrencies recorded a strong pullback in their respective valuations.

Avalanche (AVAX), a layer 1 blockchain, is currently experiencing a bearish phase as strong market forces drive down its price. Recent fluctuations have intensified this downward trend, with bears dominating the trading environment.

Bulls aim to knock out Bitcoin's all-time high before the US elections wrap up. Will altcoins follow?