Avalanche
$AVAX
9 Results
Fundstrat’s recently launched Crypto Core Strategy offers subscribers a digestible tool to manage their crypto portfolio, with the goal of outperforming bitcoin. For those looking to amplify the returns of their long positions, this complementary issue of DeFi Digest strives to cast light on some of the best risk-adjusted yields. We first describe our methodology to filter for yield opportunities, then dive into the protocols offering the yields, and describe...
Cathie Wood Buys the Coinbase Dip and Bahamian Regulators Seize Crypto from FTX
Crypto and traditional markets slid lower today, with BTC 0.41% and ETH 0.30% falling 1.37% and 1.03% and SPX and NDQ falling 0.85% and 1.23%. Altcoins continue to decline relative to Bitcoin and Ethereum as investors have a "flight to quality" into year-end. AVAX 1.14% , SOL 4.96% , and NEAR 0.98% for example are down 2.64%, 1.76%, and 3.93% at the time of writing. This rotation into bitcoin and ethereum is seen in BTC and ETH...
Crypto and traditional markets each turned higher today. BTC 0.41% and ETH 0.30% are up 0.79% and 1.91%, while SPX and NDQ are up 0.75% and 1.16%. This comes as the dollar (DXY) continues to fall - down 0.31%. Most altcoins have lagged today compared to bitcoin and ethereum. For example, alt-layer ones NEAR 0.98% and AVAX 1.14% are down 0.15% and 0.89%, and SOL 4.96% is up just 0.59%. An exception to this is...
FIGURE: PEPE CROSSING BRIDGES TO EXPLORE ALTERNATE LAYER 1S / LAYER 2S Although ETH remains the dominant Layer 1 for most on-chain activity, alternate Layer 1s have demonstrated product-market fit throughout the bull market run of ‘20/’21. Solana (SOL 4.96% ) emerged as the ‘high-throughput chain’ focused on complex DeFi / gaming, BNB Chain (BNB -0.15% ) offers easy fiat on/off-ramps through Binance CEX, while Avalanche (AVAX 1.14% ) and Cosmos (ATOM 1.60% ) are building application-specific blockchains...
FIGURE: GHO LAUNCHING AMIDST THE BLOWUPS AROUND IT Seeing the CeFi realm blowing up around us, it is perhaps pertinent to reflect and hammer the lessons into our collective crypto consciousness. Drawing from CeFi, DeFi and Everything in Between, it is clear now that Celsius, BlockFi, and Voyager Digital function as ‘CeDeFi,’ similarly to TradFi banking entities and are prone to the same weaknesses such as position opacity and human...
WEEKLY RECAP It was another week of green candles across the crypto ecosystem as bitcoin flirted with its 200-day moving average for the first time in several months. Like last week, the more speculative sectors outperformed the prior 7-days, with the once-beleaguered DeFi sector continuing to turn some heads. _Source: Messari_ Below we examine some of the reasons we think that this relief rally mirrors those seen in late 2021...
WEEKLY RECAP The global crypto market continues to exhibit a range-bound choppiness, waxing and waning on the latest headlines. We saw ETH 0.30% and BTC 0.41% start the week above the $43k level after benefitting immensely from Russian sanctions and the narratives surrounding them. Since then, markets have retreated as commodity prices skyrocket – oil hit $130 per barrel, wheat prices reached a 14-year high, and a metal exchange had to roll...