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Watr, a blockchain platform designed to bring commodities on-chain, has announced it would be partnering up with Avalanche (AVAX) and migrating to an Avalanche Layer 1 (L1) blockchain, as per the most recent info shared with Finbold on Thursday, April 3.  The main goal of the partnership is to digitize commodity trading and financing, including metals, fuel, food, etc. On-chain commodity trading Many sectors of the commodities industry are known for limited liquidity and profitability.  Picks for you Bitcoin sell-off: 19k holders flee amid Trump trade war 19 mins ago WhiteBIT Nova surpasses 1 million transactions   53 mins ago ...

The global investment management giant VanEck has filed for a new Avalanche (AVAX) exchange-traded fund (ETF) in the US. Documents submitted to the state of Delaware this week hint at the new possible ETF, which presumably would be tied to the price of the Ethereum (ETH) layer-1 rival. VanEck currently offers ETH and Bitcoin (BTC) ETFs and has filed for a Solana (SOL) exchange-traded fund, which has yet to be approved. Matthew Sigel, the firm’s head of digital assets research, said last summer that the SOL filing was a bet on Donald Trump winning the presidency. The investment giant has also applied to launch an “Onchain Economy ETF,” which will not invest in digital assets themselves but instead will focus on digital asset instruments, such as futures contracts and digital transformation companies. AVAX is trading at $17.81 at time of writing. The 20th-ranked crypto asset by market cap is up more than 6.5% in the past 24 hours but down more than 11% in the...

Orderly Network, a cloud-based liquidity infrastructure platform, has announced its expansion onto Avalanche (AVAX), a platform powering decentralized applications (dApps) and custom blockchain networks, as reported to Finbold on Monday, November 11. More liquidity in cross-chain trading Addressing issues with slow transactions, centralization, and scalability characteristic of earlier blockchain networks, Avalanche is capable of handling over 4,500 transactions per second and finalizing them in under two seconds.  Avalanche consensus, the platform’s consensus mechanism, likewise ensures fast, secure, and energy-efficient transaction validation. Picks for you Jim Justice’s net worth revealed: The Senator-elect makes history as the richest ever 2 hours ago ...

This week, the cryptocurrency market is experiencing a strong bullish trend, partially fueled by the recent U.S. presidential election. This development has drawn the attention of Polymarket bettors, who have benefited from recent market moves. Bitcoin reached a significant milestone on Friday, surpassing $77,000. This surge followed the U.S. Federal Reserve’s decision to lower interest rates by 25 basis points, setting a new target range of 4.50% to 4.75%.  During the announcement, Fed Chair Jerome Powell emphasized that the rate adjustment was unrelated to the recent election results. The Fed’s decision appears to have injected fresh optimism into the crypto market. Beyond Bitcoin, several leading cryptocurrencies saw gains in response to the interest rate cut, contributing to the broader rally. This article analyzes the top crypto to invest in right now amidst this bullish momentum.  Top Crypto to Invest in Right Now The Graph token currently stands at $0.16...

Democratic presidential candidate Kamala Harris recently voiced her support for digital assets and artificial intelligence at a Wall Street event. She stressed the need for these technologies to grow while protecting investors and consumers. This marked her first positive comment on cryptocurrencies and sparked interest in the market.  Meanwhile, Bitcoin has surged by 1.80% to $65,000 in the past day. When Bitcoin performs well, it boosts confidence across the market, leading investors to explore other cryptocurrencies for potential investment opportunities. Best Crypto to Buy Now This article analyzes the best crypto to buy now , including Uniswap, Avalanche, and FLOKI.  FLOKI has shown resilience in the market, as its price has been trending upward, indicating growing interest from investors. Similarly, AVAX has demonstrated strength in recent movements. Over the past 24 hours, it saw a 3.45% price increase, suggesting optimism around the platform’s upcoming upgrade...

Bitcoin and major altcoins are witnessing a tough battle between the bulls and the bears, indicating indecision in the near term. The United States Federal Reserve Chairman Jerome Powell said on Feb. 7 that the “disinflationary process, the process of getting inflation down,” has started but it is still in its very early stages. He cautioned that strong data would be met with more rate hikes. Though the comments are mixed, they triggered buying in the S&P 500 and Bitcoin (BTC) on Feb. 7 as investors speculated that the Fed may soon end its rate hikes. Bitcoin’s strong rally in January and signs of ebbing inflation seem to have turned around investor sentiment. CoinShares data on Jan. 30 shows that institutional investors pumped $117 million into digital investment products. That sent the total assets under management to $28 billion, a sharp 43% increase from its November 2022 low. Daily cryptocurrency market performance. Source: Coin360 Although the sentiment seems to have turned...