The post Primit Officially Deploys on Avalanche, Launching Season 1 Trading Incentive Program appeared on BitcoinEthereumNews.com.
Primit today announced its official deployment on the Avalanche network, with the launch of Season 1: Primit × Avalanche “On-Chain Perp Frenzy” set for July 15. The 14-day trading incentive event features a total reward pool of 100,000USD equivalent in AVAX, open to all on-chain perpetual contract traders. Strategic Significance Primit selected Avalanche as its launch chain based on its sub-second finality and minimal gas costs. For perpetual trading, every millisecond of latency impacts liquidations and position safety. Avalanche’s architecture is inherently suited for high-concurrency, low-latency DeFi scenarios, while Primit’s orderbook and funding rate mechanisms deliver a CEX-grade experience on-chain. “We’re not simply deploying a frontend on Avalanche — we’re bringing the full perpetual infrastructure onto the chain,” the Primit team stated. “Season
The post AVAX Price Prediction: Dead-Cat Bounce or Real Breakout — The $7.09 Line Decides Everything appeared on BitcoinEthereumNews.com.
Iris Coleman
Jul 09, 2026 08:10
AVAX is trading at $6.73 with its MACD histogram zeroed out and smart money positioned 65.9% long — this is a binary setup. Either buyers clear $7.09 in the next 48-72 hours or this structure folds…
AVAX’s Technical Reality Check Price is at a genuine inflection point, and I mean that mechanically, not rhetorically. The MACD and its signal line have converged to exactly the same level, zeroing out the histogram — that’s not a bear signal, it’s a stall signal. Stalls break hard in one direction or the other, typically within two or three sessions. The RSI sitting at 47.9, just below the 50 midline, confirms buyers are cautious rather than committed. They’re watching the tape, not lifting the ask. What offers the bulls a sliver of hope is the Stochastic oscillator, where %K has crossed cleanly above %D
The post Hyperliquid lands in Bitwise 10 ETF after 165% HYPE rally appeared on BitcoinEthereumNews.com.
Bitwise has added Hyperliquid’s HYPE token to the Bitwise 10 Crypto Index ETF, known by the ticker BITW. The move places HYPE inside a fund that gives investors exposure to a basket of large crypto assets rather than a single token. Summary Hyperliquid entered BITW after strong trading activity pushed HYPE into Bitwise’s top large-cap crypto basket. DOT and AVAX lost BITW spots as HYPE and XLM met the index’s rebalancing criteria. Crypto.news coverage shows HYPE ETF demand rose quickly before early outflows tested the narrative later. Bitwise 10 Crypto Index ETF (BITW) Adds HYPE, Removes DOT and AVAX Bitwise has officially added Hyperliquid (HYPE) to the Bitwise 10 Crypto Index ETF (BITW), the world’s largest crypto index fund. Hyperliquid posted strong performance in the first half of 2026, recording $1.34… pic.twitter.com/3eF4tiPpj4 — Wu Blockchain (@WuBlockchain) July 9, 2026 Bitw
The post Hyundai Card uses USDT and Avalanche for first intercompany remittance trial appeared on BitcoinEthereumNews.com.
Hyundai Card has completed its first stablecoin-based cross-border remittance test, settling a $20,000 payment between Hyundai Motor’s U.S. and Mexican entities in about seven minutes using USDT on Avalanche. Summary Hyundai Card completed a $20,000 USDT cross border remittance between Hyundai Motor’s U.S. and Mexico entities in about seven minutes. The transaction ran on Avalanche using Tether’s USDT and was carried out for an actual intercompany settlement instead of a test environment. Hyundai will expand the pilot to Europe later this month with Visa and Circle to test stablecoin transfers across multiple local currencies. According to a Hyundai Card press release, the proof-of-concept (PoC) involved Hyundai Motor America converting $20,000 into Tether’s USDT, transferring the funds over the Avalanche blockchain to Hyundai’s Mexico unit, where the stablecoins w
Hyundai Card has completed its first stablecoin-based cross-border remittance test, settling a $20,000 payment between Hyundai Motor’s U.S. and Mexican entities in about seven minutes using USDT on Avalanche. According to a Hyundai Card press release, the proof-of-concept (PoC) involved…
Hyundai's stablecoin initiative could revolutionize global corporate treasury operations, reducing transaction times and costs significantly.
The post Ava Labs partners with Hyundai Motor Group to build stablecoin remittance layer on Avalanche appeared first on Crypto Briefing.
The post AVAX Faces Critical Price Challenges as Market Dynamics Shift appeared on BitcoinEthereumNews.com.
The cryptocurrency sphere is seeing a pivotal moment for Avalanche‘s native token, AVAX, as it experiences a drop to approximately $6.37, following a 4.68% decline in the last day. Investors and traders are now eyeing narrow resistance and support levels, marked at $6.68 and $6.10, respectively, observing tighter price actions. Continue Reading:AVAX Faces Critical Price Challenges as Market Dynamics Shift Source: https://en.bitcoinhaber.net/avax-faces-critical-price-challenges-as-market-dynamics-shift
FIFA's governance scrutiny could destabilize its crypto partnerships, impacting investor confidence and potentially triggering regulatory actions.
The post Trump’s FIFA intervention puts spotlight on the organization’s crypto partnerships with Kraken and Avalanche appeared first on Crypto Briefing.