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news-imageSeptember 11, 2024

LayerZero Powers WBTC's Multi-Chain Vision: Now Live on Avalanche and BNB Chain

TL;DR WBTC Native Expansion: BitGo Launches Wrapped Bitcoin on Avalanche and BNB Chain Using LayerZero's Omnichain Fungible Token Standard. Decentralized Verifier Network: WBTC will feature a 1-of-2-of-3 setup, with BitGo as the primary verifier and LayerZero Labs and Polyhedra as optional verifiers.
Publisher: Crypto Economy
Sentiment: Positive
AVAX
BNB

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Positive
cover-imageCoingape
September 18, 2024

These 2 Catalysts Could Propel Binance Coin Price To $900

The Binance coin price plunged 0.66% during Asian trading hours on Wednesday. Despite the slight pullback, the BNB price maintains its prevailing bullish momentum amid the preparation of stablecoin-centric payment infrastructure and the upcoming release of former CEO Changpeng Zhao.

Positive
cover-imageBitcoin
September 18, 2024

BNB Chain to Promote Gasless Stablecoin Transactions With Exchanges, Wallets, and Bridges

BNB Chain has announced new developments aimed at becoming the core infrastructure for stablecoin payments and digital financial transactions. This initiative focuses on gasless transactions across centralized exchanges, wallets, and bridges, making stablecoin payments faster, cheaper, and more accessible. Gas-free transfers for USDT, USDC, and FDUSD will be supported.

Negative
cover-imageInvezz
September 18, 2024

Here's why Avalanche (AVAX) price is at an elevated risk

Avalanche (AVAX) price has moved sideways this month as it continued underperforming other cryptocurrencies like Tron, Toncoin, Bitcoin, and Mantra. It was trading at $23.63, down by more than 63% from its highest point this year, giving it a valuation of over $9.5 billion.

Positive
cover-imageCrypto Reporter
September 16, 2024

Expert Predicts $45 For Avalanche and 532% Rally For IntelMarkets Post-FOMC Meeting; Should You Invest Now?

The cryptocurrency market is getting ready for the upcoming Federal Open Market Committee (FOMC) meeting, which could significantly impact the prices of various digital assets. While the broader market awaits the Fed's decision, experts are making bold predictions about the potential trajectory of Avalanche (AVAX) and IntelMarkets (INTL).

Negative
cover-imageNewsBTC
September 16, 2024

Avalanche Revenue Nosedives Over 40% In Q2 – Impact On AVAX Price

Avalanche (AVAX) has had a terrible Q2 2024 by several standards, going by a significant decline in market capitalization coupled with low revenue generation. Related Reading: Toncoin (TON) Climbs 20% – Here's What's Pushing The Price Up Messari's recent report indicated that AVAX faced a fierce correction after two quarters of growth on the trot.

Neutral
cover-imageCryptoGlobe
September 15, 2024

TRON Founder Blasts Coinbase's Wrapped Bitcoin Product cbBTC as ‘Central Bank Bitcoin', Brian Armstrong Responds

Coinbase recently introduced cbBTC, a wrapped version of Bitcoin designed to integrate with decentralized finance (DeFi) applications on Ethereum and Base networks. This new product aims to expand Bitcoin's utility beyond simple holding or trading, allowing users to participate in various DeFi activities without converting their Bitcoin to other cryptocurrencies.

Positive
cover-imageNewsBTC
September 15, 2024

Analyst Predicts AVAX Breakout: Is $30 The Next Target?

Avalanche (AVAX) is trading around $25 after a 10% surge since last Thursday, as the broader crypto market shows signs of recovery. Bitcoin and most altcoins are trending up from their yearly lows, with AVAX at a critical price level that could shape its price action in the weeks ahead.

Positive
cover-imageCoingape
September 14, 2024

Can Avalanche Price Hit $50 By End Of September?

Avalanche (AVAX) price, a layer-one blockchain, is witnessing a resurgence in its bullish trend, according to recent technical indicators. The price of AVAX is currently exhibiting a robust upward trajectory, buoyed by broader market recoveries.

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