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Avalanche Foundation Seeking To Buy Back $56,795,000 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 2022. The organization adds that the plan is now awaiting a judicial green light amid the ongoing bankruptcy proceedings of Terraform Labs (TFL), the embattled startup behind the Terra blockchain. “This action ensures that LFG would not violate the original agreement’s restrictions on the tokens’ use and shields the tokens from the complexity of a bankruptcy trustee liquidation, while returning 1.97 million AVAX to the Foundation’s holdings. This further enhances the Foundation’s ability to support the ongoing growth and development of the Avalanche ecosystem.” On May 19th, 2022, just days after the implosion of the Terra (LUNA)
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World’s largest asset manager BlackRock holds $24 billion in Bitcoin

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When Larry Fink, the CEO of BlackRock (NYSE: BLK), the world’s largest asset manager, managing an eye-popping $13 trillion, admits he was wrong about Bitcoin, people take notice.  On October 14, 2024, BlackRock’s Bitcoin (BTC) strategy reached new heights as the company’s spot Bitcoin ETF broke $1.65 billion in 24-hour trading volume. But the headline isn’t just about numbers—it’s about Fink’s evolving view on Bitcoin.  Picks for you SingularityDAO, Cogito Finance, and SelfKey merge tokens to drive AI finance 12 mins ago Crypto trader turns $727 into $2.42 million in just four days 34 mins ago Is Gold accumulation trend by BRICS countries
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Is Ripple a Good Investment?

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Your guide: Is Ripple a Good Investment? Cryptocurrencies have become more visible in the financial world since XRP, the native token of the Ripple network. They are making a big name for themselves. XRP is third in market value and has sparked a lot of discussion and attention among crypto fans. XRP’s path has been marked by huge highs, sudden drops, and long stretches of steady decline. It’s good to know the project’s history, legal problems, and future possibilities to deal with the XRP ecosystem. So, if you’ve wondered, “Is Ripple a Good Investment?” you’ve come to the right place. Also read: BRICS US Banks Face $500B in Losses as De-Dollarization Grows XRP’s Trend of Going Up and Down The price of XRP has been, to put it simply, all over the place. When it first came out in 2013, bitcoin didn’t have a lot of followers. Its price didn’t change much until the 2017 bull run. But in 2018, when Ripple, the company that made XRP, released xRapid, the game changed. The value of XRP went
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Aave Whale Buys $2.5 Million Coins, Price Jumps 5%: $170 Next?

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According to the cryptocurrency Analysis firm LookOnChain, an Aave (AAVE) whale has purchased 16,818 coins worth around $2.59 million. The whale previously purchased 31,173 coins, worth about $4.8 million, on Sunday, Oct. 13, 2024. The wallet has purchased $7.45 million worth of the coin in just two days. Also Read: VeChain Weekly Price Prediction: Can VET Hit $0.03 This Week? The whale bought another 16,818 $AAVE($2.59M) 3 hours ago and deposited it into #Aave. Then he borrowed 2M $GHO to buy more $AAVE. This whale bought a total of 47,991 $AAVE($7.45M) in just 2 days.https://t.co/Aj7wIlf5SJ pic.twitter.com/gVPGFE8W6S — Lookonchain (@lookonchain) October 14, 2024 Impact Of Whale Purchases On Aave’s Price And Future Predictions The whale’s buying spree seems to have positively impacted the asset’s price. The cryptocurrency is up by 2.7% in the daily charts, 5.2% in the weekly charts, 12.3% over the previous month, and 146.6% since October 2023. Despite the rally, the asset’s price is
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Realize profits: Millionaire sales take over the market as price surges

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The cryptocurrency market is experiencing a significant price surge. Most cryptocurrencies have accumulated gains as the sentiment shifts and capital inflows, leading to some millionaire sales to realize profits. In the past two days, the crypto total market cap rebounded from a local bottom, adding $140 billion in capital. TradingView ‘s capitalization index registered a low of $2.022 trillion on October 10, currently at $2.162 trillion. Crypto Total Market Cap, hourly chart. Source: TradingView / Finbold The surge sparked renewed optimism among traders, with a bullish sentiment dominating most talks on social platforms and indicators. Picks for you Crypto trader misses out on $17.5 million return from $1,000 investment 1 hour ago Bi
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Ripple Co-Founder Donates $1M in XRP to Kamala Harris

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Following his public endorsement of the candidate back in September, Ripple co-founder Chris Larsen has donated $1 million in XRP to Kamala Harris. According to CNBC coverage, Larsen has given more than $1.9 million to Harris amid her bid to become the next president of the United States. The donation occurs as Larson’s Ripple is set to continue its well-documented legal battle with the US Securities and Exchange Commission (SEC). The two sides have both filed appeals to the lawsuit that had reached a final judgment in August. Now, the two sides are set to continue the legal conflict that started in 2020. JUST IN: Ripple Co-founder Chris Larsen donates $1 million in $XRP to Kamala Harris. pic.twitter.com/gs75QmhTkn — Watcher.Guru (@WatcherGuru) October 11, 2024 Also Read: Ripple Co-Founder Endorses Kamala Harris for President Ripple’s Chris Larsen Makes $1 Million Donation to Kamala Harris 2024 has proven to be the first time that cryptocurrencies have become a popular political point
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Five days of $0 inflows to spot ether ETFs since July launch

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Since spot ether Exchange Traded Funds (ETFs) began trading on US securities exchanges, five days have seen precisely $0 of Ethereum capital inflows. Even worse, since July 23, 2024, owners of the nine spot ether ETFs have actually withdrawn money from those products. Incredibly, because trusts and other investors seeded over $10 billion worth of spot ether into the ETFs prior to their debut on US exchanges, the tally of post-launch trading activity is negative $556 million. ‘Inflows’ is a term used to describe the net US dollar flow into spot ether ETFs. It excludes all other Ethereum-related purchases and sales such as futures, options, derivatives, or spot ether itself. Investors track ETF inflows as a way to measure how much effect ETFs are having on Ethereum’s market capitalization independent of other variables. In this case, the answer is simple: Ether ETFs have not helped . The tally of post-launch trading activity is negative $556 million. Ether inflows crash, billions
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BRICS Country Rejects De-Dollarization, Embraces the US Dollar

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In a new twist of events, BRICS member India has confirmed that it will not target the US dollar amid the de-dollarization agenda that has engulfed the global financial landscape. India made it clear that it has no plans to end reliance on the US dollar and will use the currency for trade and transactions where it remains a necessary form of payment. Also Read: BRICS: US Dollar Reserves Fall Below 60% For the First Time Since 1995 The development is a complete U-turn from the BRICS initiative where the alliance is pushing de-dollarization narratives around the world. Sources say that India is unhappy with the narrative pushed by its BRICS counterparts China and Russia. According to sources, India believes China is using BRICS as a stepping stone to strengthen its dominance around the world. Also Read: BRICS: A New World Order in Progress BRICS: India Rejects De-Dollarization, Will Use the US Dollar For Trade Source: Forbes / GettyImages The Foreign Minister of India, S. Jaishankar conf
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First Neiro On Ethereum Price Prediction: NEIRO Pumps 8%, But Investors Are Flocking To This 2.0 PEPE For Parabolic Gains

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The First Neiro On Ethereum price surged 8% in the last 24 hours to trade at $0.001805 as of 00:34 a.m. EST as trading volume plunged 23% to $756 million. First Neiro On Ethereum Price Aims For A Continued Rally According to GeckoTerminal data, the First Neiro On Ethereum price has been on an uptrend since mid-September, as the bulls capitalized on the $0.000049 support. The $0.001231 resistance allowed the price of First Neiro On Ethereum to trade in a consolidation zone. The bulls have won the struggle within the consolidation, as NEIRO price soared through a parabolic curve before consolidating. However, the bulls now seem to be pushing the price of First Neiro On Ethereum, as the token now trades gracefully above both the 50-day and 200-day Simple Moving Averages (SMAs). The Relative Strength Index (RSI) is at 68.66, nearing the overbought territory (above 70). This suggests that while the momentum is currently strong, the asset may soon enter an overbought phase, potentiall
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Squid Game 2 sparks crypto coin frenzy: Pump or dump?

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Ahead of the long-awaited season 2 release of the popular South Korean Netflix (NASDAQ: NFLX) show Squid Game, it has sparked a sort of a frenzy in the cryptocurrency market, which has witnessed the appearance of new assets and reawakening of the old assets inspired by the show. Specifically, one of these tokens is the one that was allegedly the vehicle of a rug pull back in 2021, although subsequently, its revived CoinMarketCap page stated the project had migrated to a new contract address, “now ostensibly run by the community after the initial rugging allegations.” Origins of a rug pull As a reminder, investors in the ‘original’ Squid Game (SQUID) token, which by October 2021 had soared over 40,000% since its launch, faced problems trying to sell their SQUID, and its value crashed to zero by November 1, 2021, leading to significant financial losses and rug pull claims. Picks for you
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Mocaverse And Square Enix’s Symbiogenesis Launch Their First NFT Game

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Mocaverse, the digital asset company behind the Mocaverse, an Animoca Brands membership non-fungible token collection, has partnered with Squire Enix’s first NFT collectible project, Symbiogenesis, to launch their first non-fungible token game since their official partnership earlier this month. This highly anticipated NFT game has gone live on-chain and is available on desktop and mobile. Mocaverse And Square Enix Launch Their First NFT Game In an October 8 blog post, Mocaverse and Square Enix’s Symbiogenesis confirmed launching their first NFT project since their official collaboration earlier this month. Mocaverse, the overarching web3 umbrella for Animoca Brands, announced a partnership with Square Enix’s first NFT collectible project, Symbiogenesis, last week, aiming to streamline user onboarding from web2 to web3. Read the Medium here 👇🏻https://t.co/3SfOjwTRh0 — Mocaverse💼🪐 (@Moca_Network) October 8, 2024 Launched in March 2023, the Mocaverse is an NFT collection from
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Goldman Sachs Revises Gold Price Prediction For 2025

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Gold prices are hitting the top of the charts every month in 2024, printing new all-time highs. The XAU/USD index, which tracks the performance of gold, shows the precious metal trading at the $2,640 mark. It is close to its ATH of $2,685 and is gearing up to climb above the $2,700 mark. The bullish sentiments remain intact; another leg-up could push it towards the $2,700 price range. On the heels of the positive sentiments, leading investment bank Goldman Sachs has revised its price prediction for gold. Also Read: VeChain (VET) Mid-October 2024 Price Prediction Goldman Sachs is bullish on gold and estimates it could keep hitting new all-time highs by the end of 2024. The investment bank has provided a fresh forecast for 2025 and is now taking an entry position, which could be profitable in the next couple of months. This article will highlight how high gold prices could reach next year in 2025. Also Read: Malaysia’s Local Currency Ringgit Outperforms the US Dollar Goldman Sachs Predic
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Most Trending Cryptocurrencies on Base Chain Now – Tang Cat, Jesse, Based Chad

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The cryptocurrency market remains characterized by volatility, with various tokens undergoing significant price shifts and fluctuations in trading activity. Recently, tokens such as FTX (FTT), Worldcoin (WLD), Ethena (ENA), Render (RNDR), and Fetch.ai (FET) have shown notable movements. The FTX token, for instance, experienced a rise of 10.48% within the last 24 hours, climbing to $2.60. It reported a trading volume of $135.57 million and a market capitalization of $854.28 million. However, despite these gains, data from FTT’s derivatives indicates a degree of caution, highlighted by a 15.07% decrease in trading volume and a 2.34% drop in open interest, suggesting a slowdown in market activity.  Meanwhile, tokens within the Base network also rallied. InsideBitcoins curates the most trending cryptocurrencies on Base Chain now. Most Trending Cryptocurrencies on Base Chain Now  Tang Cat (TANG) token is currently priced at $0.0000951 after an impressive 284.99% rally within the day, wit
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