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Avalanche Foundation Reveals Launch of New Visa Spending Card Linked to Self-Custody Wallet

Avalanche Foundation Reveals Launch of New Visa Spending Card Linked to Self-Custody Wallet

The foundation behind Avalanche (AVAX) is partnering with payments giant Visa for a new crypto spending card product. In a new announcement, The Avalanche Foundation introduces the Avalanche Card, a new card that allows users to pay with crypto at Visa-accepting locations. “Introducing the Avalanche Card! Spend your WAVAX, USDC, sAVAX, and more wherever Visa […]

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Tether pours $775M into video-sharing platform Rumble

Avalanche Unleashes a New Way to Spend Crypto: Meet the Avalanche Visa Card

Avalanche Unleashes a New Way to Spend Crypto: Meet the Avalanche Visa CardAvalanche has launched the Avalanche Card, a loadable debit card that allows users to make purchases using their crypto assets where Visa is accepted. The card will initially be available to Latin American and Caribbean residents, excluding specific regions and countries. Avalanche Introduces New Crypto Visa Card for Latin America and the Caribbean The Avalanche […]

Tether pours $775M into video-sharing platform Rumble

Avalanche Foundation Seeking To Buy Back $56,795,000 in AVAX Sold to Luna Foundation Guard Before 2022 Collapse

Avalanche Foundation Seeking To Buy Back ,795,000 in AVAX Sold to Luna Foundation Guard Before 2022 Collapse

The key organization backing the Avalanche (AVAX) blockchain ecosystem is announcing plans to repurchase crypto assets sold to the nonprofit behind the Terra (LUNA) protocol in the first half of 2022. The Avalanche Foundation says it has negotiated an agreement to get back all AVAX tokens sold to the Luna Foundation Guard (LFG) in April […]

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Tether pours $775M into video-sharing platform Rumble

Avalanche Foundation to buy back nearly 2M AVAX sold to Terra in 2022

In 2022, the Avalanche Foundation sold 1.97 million AVAX worth $100 million at the time to Terra’s foundation before its collapse. It’s now buying it all back for $45.5 million.

The Avalanche Foundation is set to repurchase 1.97 million Avalanche tokens it sold to the Luna Foundation Guard (LFG) in April 2022 a month before it’s Terra blockchain ecosystem collapsed.

The Avalanche Foundation to purchase the 1.97 million AVAX tokens for $45.5 million — which are worth $57.4 million in the market — from Terraform Labs’ bankruptcy estate.

An Oct. 9 repurchase agreement and settlement filed in a Delaware Bankrupcy Court is now pending court approval, the Avalanche Foundation said in an Oct. 11 X post.

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Crypto Analyst Says 1,400%+ Price Surge for One Ethereum Rival Not As ‘Crazy as It Sounds’

Crypto Analyst Says 1,400%+ Price Surge for One Ethereum Rival Not As ‘Crazy as It Sounds’

A widely followed analyst and trader says that an exponential rally for one of Ethereum’s (ETH) biggest rivals could be around the corner. The analyst pseudonymously known as Kaleo tells his 651,800 followers on the social media platform X that the price action of Avalanche (AVAX) over its first four years mirrors Ethereum’s during the […]

The post Crypto Analyst Says 1,400%+ Price Surge for One Ethereum Rival Not As ‘Crazy as It Sounds’ appeared first on The Daily Hodl.

Tether pours $775M into video-sharing platform Rumble

Here Are 20 Crypto Assets With the ‘Best Chance’ of Rallying Based on Sentiment, According to Analytics Firm

Here Are 20 Crypto Assets With the ‘Best Chance’ of Rallying Based on Sentiment, According to Analytics Firm

Crypto analytics platform Santiment is naming 20 digital assets that may soon rally based upon one key metric. In a new thread on the social media platform X, the firm says 20 digital assets are standing out for the amount of negative public sentiment they are receiving on social media platforms, including decentralized oracle network […]

The post Here Are 20 Crypto Assets With the ‘Best Chance’ of Rallying Based on Sentiment, According to Analytics Firm appeared first on The Daily Hodl.

Tether pours $775M into video-sharing platform Rumble

Avalanche Powers Littio’s New USD Savings Accounts in Latin America

Avalanche Powers Littio’s New USD Savings Accounts in Latin AmericaLittio, a Colombian neobank, has joined forces with Avalanche to offer interest-bearing USD accounts through Opentrade’s blockchain-based platform. The partnership aims to provide financial solutions to Latin Americans facing high inflation and currency devaluation. Neobank Littio Uses Avalanche to Boost Financial Services in Latin America Littio, known for its mobile banking services, is using Opentrade’s […]

Tether pours $775M into video-sharing platform Rumble

Solana TVL declines, but will SOL price react negatively? 

SOL recently rallied to $152 but will a decline in Solana’s network TVL negatively impact the altcoin’s price? 

Solana (SOL), the native token of the Solana network, surged 16.4% between Sept. 18 and Sept. 20, but the $152 resistance level proved more formidable than expected, leading to a 6% pullback to its current level of $143. 

Investors are now questioning the cause of SOL's price weakness and whether the recent outflows from Solana network deposits signal a potential retest of the $120 support.

The recent gains in SOL price followed a broader altcoin market rally, which saw an 11% increase since Sept. 18, spurred by the US Federal Reserve's decision to cut interest rates. This shift toward a more accommodative monetary policy also fueled a rally in the S&P 500 stock index, which reached an all-time high on Sept. 19. 

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Crypto Analyst Says Downtrend for Top Ethereum Rival Is Over, Maps Path Forward for Bitcoin and One AI Altcoin

Crypto Analyst Says Downtrend for Top Ethereum Rival Is Over, Maps Path Forward for Bitcoin and One AI Altcoin

A widely followed cryptocurrency analyst and trader believes one Ethereum (ETH) competitor is forming a bullish reversal pattern. The analyst pseudonymously known as Rekt Capital tells his 499,100 followers on the social media platform X that Avalanche (AVAX) may have reached a market bottom after a retest of a key level around $21.57 on the […]

The post Crypto Analyst Says Downtrend for Top Ethereum Rival Is Over, Maps Path Forward for Bitcoin and One AI Altcoin appeared first on The Daily Hodl.

Tether pours $775M into video-sharing platform Rumble

Massive Recoveries Coming for Ethereum (ETH) and Solana (SOL), According to Crypto Trader

Massive Recoveries Coming for Ethereum (ETH) and Solana (SOL), According to Crypto Trader

A widely followed crypto analyst believes that Ethereum (ETH) and one of its competitors are setting up for big recovery rallies. Pseudonymous crypto trader Kaleo tells his 645,400 followers on the social media platform X that Ethereum could soon soar by double digits after testing the $2,100 level and then breaking out of a descending […]

The post Massive Recoveries Coming for Ethereum (ETH) and Solana (SOL), According to Crypto Trader appeared first on The Daily Hodl.

Tether pours $775M into video-sharing platform Rumble