altcoins

AVAX, the token behind Avalanche, was up 18% on Thursday following the company’s funding news.

“We’re seeing a lot of Layer-1 chains out there and they’re all choosing different tradeoffs. These things are not just better than the other,” Tushar Jain, Managing Partner at Multicoin Capital, said. “We’re very interested in exploring different parts of these tradeoffs. One of our big bets in this space is an alternative layer-1 called Solana.”

US stocks fall as investors eye price pressures, the delta virus strain and looming risks of elevated inflation levels.

Bitcoin has shed 11% in the past seven days, its largest single-week drop since May

Equities may continue volatile trading sessions as investors remain uncertain about US economic growth due to rising Covid-19 cases, an unclear tapering timeline and more.

Cryptos like bitcoin and ethereum slowly recovered as The Dow Jones Industrial Average declined for the fourth day in a row.

The US Securities and Exchange Commission is investigating Coinbase, allegedly threatening to sue the popular exchange if they launch their forthcoming lending product.

Amid the sea of losses for major cryptos, Solana’s native token hit an all-time high of $194.82 on Tuesday morning.

Ethereum, Solana reached benchmark highs on Friday amid the surging popularity in NFTs

In a broad cryptocurrency rally, Bitcoin traded above $50,000 again on Thursday.