Major cryptocurrencies held support levels after last week’s drop to post slight gains on Monday morning after a largely flat weekend.Bitcoin (BTC) held on to its $41,000 support level after last week’s sell-off, which was led by the release of the minutes of the U.S. Federal Reserve’s December 2021 meeting. The minutes of the meeting suggested that the Fed will end its record … [Read more...] about Avalanche, Polygon See Slight Gains as Crypto Markets Remain Flat
Avalanche
Fantom Transactions Surge Ahead of Avalanche as DeFi Prospects Heat Up
“Hundred Finance is a new project on Fantom that has recently received a lot of attention, and it is leveraging the now-popular ve-token model with high stablecoin yields of up to 30% APY. This, in turn, generated a lot of hype and speculation, as evidenced by Fantom surpassing Avalanche in daily transaction count,” he added. Source link … [Read more...] about Fantom Transactions Surge Ahead of Avalanche as DeFi Prospects Heat Up
What Is Avalanche (AVAX)? | UseTheBitcoin
Avalanche (AVAX) is a relatively new cryptocurrency and blockchain project in the market. This smart contracts network was launched back in 2020 and it was able to reach the top 10 in just a year. Nowadays, this is one of the most promising blockchain networks for the coming years in the cryptocurrency market. The project is now handled by Ava Labs and it wants to create a … [Read more...] about What Is Avalanche (AVAX)? | UseTheBitcoin
Crypto Custodian BitGo Adds AVAX Support as Institutions Eye Avalanche
“Not only is BitGo trusted and allows us to provide more access to our native tokens on Avalanche,” John Wu, president of Ava Labs, told CoinDesk in an interview, “but given the enterprise push, and the institutional support of Avalanche, this really is a very powerful company to partner with.” Source link … [Read more...] about Crypto Custodian BitGo Adds AVAX Support as Institutions Eye Avalanche
Avalanche Adds USDC Stablecoin in Continued DeFi Push
Avalanche, an Ethereum-rivaling smart contract blockchain, is adding a native version of USDC – the stablecoin backed by cash and liquid cash equivalents that is administered by Boston-based Circle.Bringing USDC to Avalanche should further grease the wheels of decentralized finance (DeFi) on the network, following a recently announced $200 million incubation fund for DeFi … [Read more...] about Avalanche Adds USDC Stablecoin in Continued DeFi Push