By recording 5 consecutive days of positive price action, the Avalanche price is on the verge of achieving the $30 mark. Notably, the 12th largest cryptocurrency by market cap has added ~20% this week, making this the first such bullish week since August.

This week, the cryptocurrency market saw a notable surge following a strong Republican victory in the U.S. elections, with Donald Trump securing a second term. Bitcoin (BTC) reached a fresh all-time high, climbing above $77,000 on Friday as renewed optimism flooded the market.

Avalanche (AVAX), a leading blockchain platform known for its speed and scalability, has seen an impressive 24% surge in price over the past two days. The cryptocurrency's recent rebound from the $22 mark has led to renewed optimism in the market, as it tests a critical support level at around $28.

Bitcoin hit a new all-time high at $77,000, boosting buying in several altcoins, which have also broken above their respective resistance levels.

Investors often monitor the buying patterns of crypto whales, as these large players can heavily influence market prices. The first week of November 2024 has been no exception, with whales funneling substantial funds into several altcoins.

AVAX has surged 24% over 48 hours to test the $28 price level, driven by increased whale activity and trading volume, while facing technical resistance and potential retracement risks due to a large liquidation pool at $26.73.

The Avalanche Foundation has successfully completed the repurchase of 1.97 million AVAX tokens from the now-defunct Luna Foundation Guard (LFG), an organization originally created by Terraform Labs to support the Terra blockchain ecosystem.

AVAX tests critical support as positive sentiment overwhelms retracement risks from liquidations leverage.

Avalanche price has crawled back in the past three days and was attempting to cross the 50-day moving average. AVAX, the thirteenth biggest cryptocurrency, was trading at $27.10, up from this week's low of $22.75.

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.

A bankruptcy court has allowed the Avalanche Foundation to buy back 1.97 million AVAX tokens it sold to the defunct Luna Foundation Guard.

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.

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 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.

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.

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.

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.

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?

Action was lively on the cryptocurrency market, but that wasn't necessarily good news.

Bitcoin's correction ignited selling in altcoins, which are slipping below critical support levels.