Bitcoin institutional adoption surges, MicroStrategy makes another massive BTC purchase, and Avalanche secures major funding in today's edition of the weekly recap. U.S. Bitcoin ETFs breach $50.

Avalanche has consolidated over the past two weeks. With a bearish crossover, AVAX might decline before a breakout.

The price of Avalanche (AVAX) has continued its uptrend and recovered above the 21-day SMA support.

This week marked one of the largest single investments in blockchain infrastructure this year. The period also saw significant investments across infrastructure, AI, and financial services sectors, with cumulative funding exceeding $400 million.

Avalanche (AVAX), a prominent competitor to Ethereum (ETH), has secured $250 million through a token sale with backing from Galaxy Digital, Dragonfly, and ParaFi Capital.

Avalanche (AVAX) has faced substantial price fluctuations recently, but its recovery has generated hope for a potential breakout. After a sharp decline earlier in the week, AVAX has gained significant momentum, rising by 13.28% in a single day.

Ethereum (ETH) rival Avalanche (AVAX) has raised $250,000,000 from a locked token sale led by Galaxy Digital, Dragonfly and ParaFi Capital. According to a new announcement, Avalanche says that more than 40 companies participated in the sale, including SkyBridge, Hivemind and Morgan Creek Digital.

Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout.

Avalanche has just raised a towering $250 million in a private crypto sale for the network's Ethereum-challenging blockchain. Lead investors Galaxy Digital, ParaFi Capital and Dragonfly were joined by more than 40 investment firms including Anthony Scaramucci's SkyBridge Capital and AI/crypto investment firm Morgan Creek Digital.

Avalanche (AVAX) has ignited excitement with a major announcement that could significantly impact users and the broader cryptocurrency sector. In a post on X, the Avalanche Foundation outlined a timeline regarding its much-anticipated upgrade.

The $250 million secured by Avalanche Foundation will be used to advance its Avalanche9000 upgrade to revolutionize blockchain scalability and adoption.

Avalanche (AVAX) raised another $250M in a private funding round, its biggest financing injection so far.

Avalanche announced the recent closure of a $250 million token sale that will support the upcoming launch of Avalanche9000. This major upgrade aims to turn Avalanche into a swarm of interconnected L1s.

AVAX has rebounded 13.28% to $50.08 after finding support at $41, as retail buying offsets recent whale selling pressure while network adoption continues to grow.

AVAX could see a significant surge soon, provided buying activity picks up.

Avalanche Foundation has raised $250 million through a private locked-token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital. AVAX prices gained nearly 9% after the announcement to trade at $52.80.

Layer 1 blockchain project Avalanche has successfully raised $250 million through a locked token sale. This signals strong support from prominent investors such as Galaxy Digital, Dragonfly, and ParaFi Capital.

The locked-token sale saw participation from more than 40 companies.

Avalanche secured $250 million from a fundraising round led by Dragonfly, ParaFi Capital, and Galaxy Digital.

The Avalanche Foundation announced raising $250 million through a private token sale to support its blockchain platform, according to a Dec. 12 statement. The funding round had around 40 participants, including leading firms such as Galaxy Digital, Dragonfly, and ParaFi Capital.

The Avalanche Foundation raised $250 million fundraising, with funds aimed at enhancing its platform's scalability and efficiency.

The sale follows shortly after the Avalanche9000 upgrade went live in a testnet environment.

More than 40 venture capital firms pitched in to help Avalanche Foundation raise $250 million ahead of its major "9,000" network upgrade.

The investment will support the Avalanche9000 upgrade, currently in testnet, designed to reduce blockchain deployment and transaction costs.

The Avalanche Foundation secured $250 million from investors like Galaxy Digital and Dragonfly to foster strategic partnerships.

Avalanche's funding boost signals growing confidence in blockchain scalability and multi-chain solutions, potentially reshaping crypto dynamics. The post Avalanche secures $250M in funding round led by Galaxy Digital, Dragonfly, and ParaFi Capital appeared first on Crypto Briefing.

Uplink is a decentralized internet connectivity platform, allowing users to share their existing internet and incentivizing new internet deployment in under connected areas.

Ethereum rival Avalanche has $3 billion in capital in its treasury but that isn't stopping the blockchain platform from fundraising amid recent crypto euphoria.

As the price of Bitcoin stays above the $100k mark, the crypto market has displayed a strong bullish recovery over the last 24 hours. Moreover, the AVAX price has outperformed top crypto tokens with a double-digit rally during this period.

Avalanche (AVAX), a decentralized Layer-1 (L1) blockchain, and Sports Illustrated Tickets, a primary and secondary ticketing marketplace, have partnered up to make Sports Illustrated Stadium the first sports venue to utilize blockchain-based ticketing for all events, as highlighted in the most recent reports shared with Finbold on Thursday, December 12.

Haun Ventures and Dragonfly Capital have co-led a $9 million funding round for Commonware, a startup building "state-of-the-art" tools.

Bitcoin's rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.

According to software developer Patrick O'Grady, Commonware raised $9 million from venture capital firms Haun Ventures and Dragonfly.

Early Bitcoin mined by Satoshi Nakamoto could become vulnerable to quantum computing, says Avalanche's Emin Gün Sirer, who is urging to consider freezing these coins. Emin Gün Sirer, the founder of Avalanche (AVAX), sparked debate in a Dec.

Toncoin's recent price drop has shaken investor confidence, marking a notable downturn for the native token of The Open Network. Meanwhile, AVAX is experiencing a price surge, though its recent gains face critical resistance levels that could impact momentum.

Avalanche cools down at $40 after the daily candle erases 14-day gains. A transaction volume spike hints at a possible rebound.

This method lets you donate, stake, and earn rewards for charities in a way that benefits everyone. Here's how it works: When you donate AVAX to a special charitable account called a Donor-Advised Fund (DAF).

Ava Labs founder and CEO Emin Gün Sirer proposed freezing Satoshi Nakamoto's estimated 1.1 million BTC. He cited potential vulnerabilities in early wallet cryptography.

Bitcoin (BTC) continues to correct below its $100,000 milestone. As of Dec. 19, the top cryptocurrency was down approximately 7.50% from its record high of $103,620 (data from Bitstamp), trading for around $95,950.

The rise of quantum computing could challenge cryptocurrency security, potentially reshaping financial systems and investment strategies. The post Satoshi's Bitcoin holdings at risk as quantum computing advances, says Ava Labs co-founder appeared first on Crypto Briefing.

Bitcoin's failure to hold $100,000 could attract profit booking from traders. Which altcoins will follow BTC's downtrend?

AVAX could rebound at $50 and offer short-term gains, thanks to a liquidity set-up.

The price of Avalanche (AVAX) has continued to rise after a recent downtrend. The bullish momentum peaked at $55 and started to falter below the recent high.

Avalanche [AVAX] could be set for a major upward move, but its path depends on several critical factors.

AMBCrypto attempted to gauge the expected price performances of these altcoins over the next 6-12 months.

Bitcoin price trades above $100,000 again, proving that every minor dip is being purchased.

A widely followed crypto analyst says that three prominent altcoins including Ethereum (ETH) look primed to skyrocket.