The post AVAX One Regains Nasdaq Compliance Amid Crypto Market Pressures appeared on BitcoinEthereumNews.com.
AVAX One regained Nasdaq compliance, ending delisting risk and refocusing on its crypto growth strategy. The company is expanding its AVAX treasury, Bitcoin mining, and AI businesses despite weak crypto markets. AVAX One cleared Nasdaq’s listing hurdle as it searches for a new CEO and pursues long-term growth. AVAX One Technology is no longer at risk of being delisted from Nasdaq after regaining compliance with the exchange’s minimum share price requirement. The company said Nasdaq closed the matter after its stock traded above the required $1 minimum for 10 straight trading sessions. The development comes at a difficult time for crypto treasury companies. Many expanded their digital asset holdings during the 2025 market rally, but weaker cryptocurrency prices have since weighed on their valuations. With the Nasdaq issue resolved, AVAX One is turning its focus to growing its d
The post Avalanche (AVAX) Price Prediction: AVAX Slips Near $6.71 as ETF Removal, Bearish Patterns, and $6.50 Support Put Bulls Under Pressure appeared on BitcoinEthereumNews.com.
AVAX trades near $6.71 as ETF removal, bearish chart patterns, and weakening support raise the risk of a deeper move towards $6.50. AVAX price is trading near $6.71 after falling around 1% over the past 24 hours, based on Brave New Coin data. The move keeps AVAX close to a short-term support zone, but the latest market signals are not fully supportive of bulls. AVAX Faces Fresh Pressure After Bitwise ETF Removal The biggest sentiment hit comes from the Bitwise update. Wise Advice shared that Bitwise added HYPE to its Bitwise 10 Crypto Index ETF, while AVAX was removed at the same time. This matters because index inclusion can help an asset stay visible to institutional investors. Removal does not mean AVAX has no long-term value, but it does add pressure at a time when price action is already weak. For Avalan
The post Hyundai Motor Tests USDT Transfers On Avalanche, Reduces Settlement From Hours To 7 Minutes appeared on BitcoinEthereumNews.com.
A $20,000 treasury transfer between a US entity and its Mexico operations would normally crawl through correspondent banking rails for several hours. Hyundai Motor, South Korea’s largest automaker, just did it in about seven minutes—using Tether’s USDT on Avalanche. According to the original report, the company completed the first stablecoin-powered internal cross-border payment among major Korean enterprises. The pilot is more than a speed trick. It is a controlled experiment that replaces SWIFT messages, intermediary bank fees, and float time with a direct on-chain settlement that settles immediately and costs dramatically less. For a multinational manufacturer with complex supply chains and cash pools in multiple jurisdictions, moving treasury operations onto stablecoins could remove friction that has been built into the global dollar system for d
The post Cathie Wood’s Ark Invest Buys More Circle Despite Growing Scrutiny appeared on BitcoinEthereumNews.com.
Ark Invest bought $13.7M in Circle shares despite a stock slump and rising stablecoin competition. Circle secured OCC approval for a national trust bank, strengthening its USDC custody framework. Legal scrutiny grows as Circle disputes claims it failed to help recover funds linked to crypto scams. Cathie Wood’s Ark Invest bought nearly $14 million worth of Circle Internet Group shares on Thursday, adding to its stake in the stablecoin issuer despite mounting pressure on the company. At the same time, the investment firm sold almost $10 million worth of Robinhood shares as part of its routine portfolio rebalancing. The purchase comes as Circle faces a difficult stretch. The USDC issuer’s stock has been under pressure, competition in the stablecoin market is increasing, and the company is dealing with fresh allegations over its cooperation with law enforcement. Even so, Ark’s
The post AVAX Price Prediction: $6.71 at the Crossroads — Snap Rally or Flush Toward $6.21? appeared on BitcoinEthereumNews.com.
Tony Kim
Jul 11, 2026 07:48
AVAX is coiled at $6.71 with its MACD histogram flatlining at zero and smart money positioning 71% long — but trading nearly 30% below its 200-day SMA and with earlier analyst targets of $15–16 com…
Market Context: Why AVAX is Moving Now Let’s get one thing out of the way immediately: AVAX is not “moving” in any meaningful sense right now. It’s drifting. With a 24-hour range of just $0.17 — from $6.65 to $6.82 — and volume on Binance spot barely scraping $5.6 million, this is a market in paralysis, not accumulation. The real story isn’t today’s price action; it’s the wreckage of the narrative that got us here. Earlier this year, the consensus crowd — tracked and aggregated by Blockchain.news — was projecting AVAX somewhere between $15.50 and $16.50 by mid-February 2026. We’re now in July, and the token is sitting
The post Hyundai’s ‘real world adoption of USDT’ cut transfers to 7 minutes: Details appeared on BitcoinEthereumNews.com.
South Korean automaker Hyundai is doubling down on stablecoins for internal transfers between its subsidiaries. During its testing stage, the automaker saw faster transfers between U.S and Mexico subsidiaries. Instead of the typical 4 hours or more for traditional interbank transfer methods, the firm said it took about 7 minutes to transfer Tether’s USDT between its two offices. Commenting on the test, Hyundai hailed stablecoin transfers as offering “overwhelming speed and superior stability” to conventional methods. The pilot involved Hyundai Motors Group-owned credit card firm Hyundai Card, Avalanche, Tether and payment integrator Axiym. Source: Hyundai For his part, Paolo Ardoino, Tether CEO, billed the move as an impressive “real world adoption of USDT.” Bo Hines, CEO of Tether U.S., scored the Hyundai move as “what the future of finance looks like.” At the en
The post Crypto Market Weekly: Standard Chartered’s $100K BTC Target, Robinhood Chain Mania, and Circle’s Bank Charter appeared on BitcoinEthereumNews.com.
The crypto market this week was shaped by bullish events such as returning ETF inflows and Bitcoin (BTC) moving to $64,000. But three other key events: Standard Chartered’s bullish forecast, hype around Robinhood Chain, and Circle receiving a bank charter also topped discussions. Standard Chartered Reiterates $100K Bitcoin Target as Crypto Market Rebounds Standard Chartered analyst Geoff Kendrick has reiterated his bullish forecast on BTC, saying Bitcoin will reach $100,000 by the end of 2026. The analyst noted that the current price of Bitcoin of $64,000 “is a screaming buy” because the fears around Strategy selling BTC will gradually ease as the crypto market comes to terms with the fact that the company has changed from a net buyer to an occasional seller. Kendricks’ remarks come after Strategy sold $216 million worth of Bitcoin
The post Crypto News: Bitwise Reports Crypto’s Longest Losing Streak Since 2022 appeared on BitcoinEthereumNews.com.
Key Insights: Bitwise records the highest losing streak since 2022 as crypto news reports a third straight quarterly decline. Stablecoins settled 2.3x Visa volume as tokenized assets climbed to $32.89 billion. Prediction markets hit $43.2B while crypto prices extended a third straight quarterly decline. Crypto news took another bearish turn after Bitwise reported that the digital asset market recorded its third consecutive quarter of negative returns. The company said this marks the longest losing streak since 2022, even as several blockchain activity indicators continued to expand. Its latest quarterly data recorded weaker prices across large-cap assets, record Bitcoin ETF outflows, and slower activity in several market segments. At the same time, stablecoins, tokenized real-world assets, prediction markets, and selected crypto businesses continued posting high growth,
