The president of Ava Labs, the team behind layer-1 blockchain Avalanche (AVAX), says that he’s optimistic about Ethereum (ETH)-based exchange-traded funds (ETFs). In a new interview with Bloomberg Television, Ava Labs president John Wu says that over time, Ethereum ETFs will find success due to the competitive nature of the decentralized finance (DeFi) sector. “I […]
The post Ava Labs President John Wu ‘Very Positive’ on Ethereum ETFs – Here’s Why appeared first on The Daily Hodl.
The president of the Avalanche (AVAX) development firm Ava Labs is issuing his crypto predictions for 2024. In the interview with CNBC, Ava Labs president John Wu talks up the Friend.tech challenger Stars Arena, a decentralized social finance application (SocialFi) that launched on the AVAX blockchain in late September. “We just talked about Stars Arena, […]
The post Ava Labs President John Wu Makes 2024 Crypto Predictions, Says Big Developments Coming for Avalanche Ecosystem appeared first on The Daily Hodl.
Ava Labs president John Wu is saying that there’s renewed optimism and energy in the crypto ecosystem as the markets witness rising prices. The president of the Avalanche (AVAX) development firm says in a new Bloomberg interview that the banking crisis, which saw the likes of Silicon Valley Bank (SVB) collapse, reinvigorated market participants in […]
The post Ava Labs President John Wu Says One Catalyst Has Reinvigorated Bitcoin and Other Crypto Assets Amid Market Uptick appeared first on The Daily Hodl.
Ava Labs president John Wu is warning that the crypto industry will be adversely affected by the elimination of onramps into the crypto ecosystem. Asked by Bloomberg’s Caroline Hyde to comment on Silvergate Bank’s plan to shut down, the president of the Avalanche (AVAX) development firm says it will get much more difficult for the […]
The post Here’s What To Expect for Crypto As Silvergate Bank Collapses, According to Ava Labs President John Wu appeared first on The Daily Hodl.
Ava Labs CEO John Wu is unveiling what he believes is the most interesting innovation in the crypto industry right now. In a new interview with Real Vision Media, Wu tells macro guru Raoul Pal that the tokenization of real-world assets is the most intriguing aspect of the crypto industry. Asset tokenization is the process […]
The post Here’s What Ava Labs CEO John Wu Thinks Is Most Interesting in Crypto Industry Right Now appeared first on The Daily Hodl.
One senior executive at the tech firm building the smart contract platform Avalanche (AVAX) believes many crypto investors who currently hold stablecoins are gearing up to buy into the markets. In a new interview with Bloomberg, Ava Labs president John Wu says that the crypto industry’s underlying fundamentals are getting stronger despite a steep decline […]
The post CEO of Company Behind Avalanche Says Capital Sitting on the Sidelines Waiting To Jump Into Crypto – Here’s Why appeared first on The Daily Hodl.
A senior executive at the tech firm behind Avalanche (AVAX) says big things are right around the corner for the Ethereum (ETH) challenger. In a new interview with Anthony Pompliano, Ava Labs president John Wu says that mainstream names from the world of finance and gaming will be onboarding with the Avalanche ecosystem. “I wish […]
The post Ava Labs CEO John Wu Says ‘Big Name’ Brands and Companies To Enter Avalanche (AVAX) Ecosystem in Next 12 Months appeared first on The Daily Hodl.
At the Avalanche Summit in Barcelona, the Canadian musician and record producer Grimes announced she plans to launch an “intergalactic children’s metaverse book.” Grimes’ children’s metaverse book project is part of a $100 million initiative started by the Avalanche Foundation and the non-fungible token (NFT) launchpad OP3N. Grimes Partners With OP3N to Launch ‘a Series […]
USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly on Avalanche’s C-Chain, saving on fees […]