POL reclaiming $0.50 zone as support could lead to a rally, but failure to do so could trigger another sell-off.
Crypto analysts note that POL needs to reclaim the $0.364-$0.509 range to prevent further sell-offs and stabilize its value.
The crypto market rebounded after Donald Trump agreed to delay tariffs on Canada and Mexico following a conversation with both presidents. As a result, Bitcoin (BTC) rebounded to reclaim the $100,000 level, with the flagship cryptocurrency trading at $100,360, up nearly 7% over the past 24 hours.
The Aptos network continues its impressive growth with record user activity as APT sees 2.8% price recovery.
The crypto market's sharp decline in the past 24 hours has triggered widespread losses, with Bitcoin's crash impacting altcoins significantly. Some tokens faced even deeper corrections, hitting new all-time lows amid the sell-off.
The crypto market witnessed the biggest crash of the year as Bitcoin fell to $91,200 over the last 24 hours. Nevertheless, the upcoming week presents opportunities for investors owing to external developments surrounding tokens.
Filecoin (FIL), Arbitrum (ARB) and Cosmos (ATOM) are among the biggest losers in the crypto market in the past 24 hours as traders see over $2.3 billion liquidated. The global crypto market cap fell 8% to $3.1 trillion, with daily trading volume on Monday, February 3, up 193% to over $333 billion.
Cryptocurrency analysts of Coinidol.com report, the price of Avalanche (AVAX) is falling below the moving average lines.
ARB could record further market declines soon.
Avalanche has faced intense selling pressure over the past two months, with its price plunging more than 42% since mid-December. The market remains highly volatile, driven by uncertainty, but recent signs of recovery suggest a shift in sentiment.
The AVAX price has been mostly quiet since the start of 2025, mirroring the climate of the altcoin market so far in the new year. After reaching a local high of $55 in early December 2024, the Avalanche token has been in a steady decline, reaching as low as $32.2 on Wednesday, January 29.
Avalanche's native cryptocurrency, AVAX, has recently demonstrated a noteworthy rebound after experiencing a significant decline in its price. As of January 31, 2025, the token was trading at approximately $34.60, reflecting an impressive 3.05% increase in the last 24 hours.
APT's recent price action has been bearish, but this might change soon.
Circle's dollar-pegged stablecoin USDC has officially gone live on the layer-1 chain Aptos (APT). Aptos' native token, APT, is up on the news, surging by 5.5% in the past 24 hours. The 38th-ranked crypto asset by market cap is trading at $7.91 at time of writing.
Bitcoin bulls are chasing after new highs but investor actions in equities markets and sellers at the top of BTC's range are keeping a cap on price discovery.
AVAX investors and traders could be in for an interesting turn of events soon.
Circle's bid to push its USD Coin (USDC) to the fore as a leading stablecoin option got a boost following the launch of the coin on the Aptos mainnet network. Aptos is a fast-growing layer-1 blockchain network, and the biggest compliment to its reputation could be its “Solana killer” nickname.
Aptos users can now access Native USDC directly, improving transaction efficiency and eliminating the need for cross-chain bridging. The integration strengthens DeFi, payments, and real-world asset applications on the Move-based blockchain. The post Circle Announces Native USDC Is Now Live on Aptos Mainnet appeared first on Cryptonews.
Avalanche (AVAX) and Cardano (ADA) are under bear pressure as market volumes decline. It's a great time to buy into these with DTX Exchange's final token at $0.16.
BlockDAG's TG Tap Miner integrates with OKX, enhancing BDAG rewards for players. Meanwhile, Cardano holds key support levels, and Avalanche eyes a potential breakout.
In a latest development, Circle announced that its native stablecoin USDC has gone live on the Layer-1 Aptos mainnet and accessible to all developers and users. With the new development, developers and users would not need bridging when performing a transaction.
Polygon could see a whale led market recovery, although it also faces a potential drop.
Circle integrated its native USDC stablecoin onto Aptos' blockchain ecosystem alongside its Cross-Chain Transfer Protocol (CCTP) for interoperability.
Polygon (POL) is currently facing strong bearish price action, with experts predicting a potential 44% price drop amid the ongoing market downturn. As of January 30, 2025, technical analysis indicates that the cryptocurrency may experience significant declines, with the price potentially falling to as low as $0.23.
Circle integrates USDC natively on Aptos Layer-1 blockchain, marking a shift from bridged tokens and enhancing the network's DeFi capabilities.
Circle's digital dollar, USD Coin, is now available natively on the layer-1 blockchain Aptos, empowering developers and users.
Native USDC has finally landed on Aptos — a major move, one that brings Circle's stablecoin directly onto the high-speed blockchain, eliminating reliance on Ethereum bridges. No more middlemen, just pure 1:1 redeemable USDC issued straight from Circle.
USDC on Aptos is natively issued by Circle, ensuring seamless integration without cross-chain bridging.
TL;DR Avalanche transaction fees dropped by 75% after the December upgrade, making the network more affordable. The number of transactions increased by 38%, reaching an average of 354,691 per day, reflecting a high level of adoption.
Avalanche, a decentralized finance (DeFi) focused smart contract blockchain, saw a significant decrease in transaction costs following its December 16th upgrade, known as Avalanche 9,000. This upgrade has successfully reduced usage fees by approximately 75%, making it more affordable for users.
Arbitrum has teamed up with modular layer-1 network zkVerify to make zero-knowledge proof verification faster for blockchain developers.
The upgrade was designed to make Avalanche cheaper. It worked.
Analysts see potential for SUI and APT to climb to $16 and $22, respectively, by year-end 2025, driven by increasing adoption, network growth, and improving market sentiment.
Arbitrum (ARB) has experienced a sharp decline in recent weeks, leaving many investors facing significant losses. Over the past month, ARB has dropped by 19.42%, with its price falling from a high of $0.95 to $0.58, and it is currently trading at $0.63.
Tether has upgraded its USDT stablecoin on Arbitrum to USDT0, a cross-chain compatible asset backed 1:1 by Ethereum-based USDT reserves. Tether Transitions Arbitrum USDT to USDT0 Tether says the upgrade automatically converts existing Arbitrum USDT holdings to USDT0 without requiring user action. USDT0 will serve as Arbitrum's canonical stablecoin, maintaining the same contract address.
Arbitrum has experienced a sharp decline, leaving only a meager number of holders in profit.
Bitcoin's volatility is likely to pick up following Fed Chair Jerome Powell's comments, but the potential direction of the price move remains elusive to most traders.
While ADA and AVAX are swept up in a market-wide dip, FXGuys is surging forward, promising life-changing gains and great long-term rewards to holders!
As Dogecoin and AVAX failed to gain momentum, experts speculate IntelMarkets could surpass these well-established coins with its massive 45,000% growth potential.
The crypto market is buzzing as Avalanche (AVAX) sets its sights on $75, SUI eyes a climb past SHIB, and Lightchain AI emerges as the next high-potential coin for exponential growth.
Solana, Avalanche, and MOVE are testing crucial technical levels. SOL sees $500, AVAX eyes $100, and MOVE targets a breakout above $0.83.
Arbitrum became one of the first chains to migrate to USDT0, the cross-chain, interoperable version of Tether (USDT).
Tokenized T-Bills can now be traded on the Arbitrum network using Spiko's money market funds.
The cryptocurrency market has recovered from Monday's bloodbath, with Bitcoin (BTC) reclaiming the $100,000 level. The flagship cryptocurrency is up nearly 3% over the past 24 hours and currently trades around $103,339.
The cryptocurrency market once again demonstrated its heightened volatility, with a sharp 7.9% decline in the last 24 hours, bringing the global market cap to $3.51 trillion.
Arbitrum's governance data shows that LobbyFi is now at the top spot among the DAO's delegates.
Solana price crashed on Monday, mirroring the performance of other cryptocurrencies. The drop is also because of the stock market sell-off after the DeepSeek success and the potential for a hawkish Fed.
Avalanche (AVAX) has faced a tough few months, but its defense of the $35 support zone remains a crucial factor in determining its future price movements. Over the past month, the price has consistently tested this level, highlighting its significance for both traders and investors.