Payment giant Stripe announced Avalanche (AVAX Coin) integration. Base ecosystem tokens AERO, BRETT and DEGEN were hit by sharp declines. Gate.io announced that it has added COPYCAT and KMNO to its list. Six whales dumped more than 44,000 ETH into exchanges. Here are the details…
There is news from AVAX Coin and 6 altcoins!
Stripe announces Avalanche (AVAX Coin) integration
Payments giant Stripe announced Avalanche (AVAX Coin) integration today. Just last week, the San Francisco-based firm announced that it was allowing companies using its technology to accept stablecoin USD Coin (USDC) for online payments. He said that today, individual customers will have easier access to the Avalanche (AVAX Coin) ecosystem. Ava Labs, the development company behind the Avalanche (AVAX Coin) Blockchain, has stated that its wallet Core will use Stripe’s fiat-to-crypto onramp. In this context, Avalanche (AVAX Coin) shared the details regarding the development from its official X account:
Stripe’s expansion into crypto continues, today integrating Avalanche and Core to provide easier access to Web3.
- US users can purchase AVAX directly through Stripe without using an exchange.
- Avalanche apps can embed Stripe’s onramp via customizable widget.
In short, the integration will allow users to seamlessly access often niche crypto products and decentralized applications such as decentralized exchanges and NFT platforms running on Avalanche (AVAX Coin). A widget that will be installed in Core will allow anyone to purchase Avalanche’s native AVAX Coin using their debit or credit card without going through an exchange. Avalanche stated in the announcement that Stripe will handle everything KYC-related.
base ecosystem tokens AERO, BRETT and DEGEN hard fell
According to today’s market information, Base ecosystem tokens have fallen overall. In addition, 3 tokens came to the fore in the sharp decline:
- AERO: Currently trading at $1.10, down 17.7% in 24 hours.
- BRETT: Currently trading at $0.04, down 16.6% in 24 hours.
- DEGEN: Currently trading at $0.02484 with a 24-hour decline of 9.6%.
COPYCAT and KMNO entered Gate.io’s list
Gate.io announced today that it has added Copycat Finance (COPYCAT) and Kamino Finance (KMNO) to its list. COPYCAT saw an increase of over 25% from its opening price for the day. Copycat Dex is an on-chain derivatives protocol developed by the Copycat Finance team. It solves the problem of user transaction cost by adopting a peer-to-peer solution. Meanwhile, COPYCAT had previously announced that the project had received millions of dollars of investment from the largest investment institutions such as Binance Labs, ZBS Capital and ZC Capital.
Six whales sold more than 44,000 ETH tokens
cryptokoin.comAs you follow from , red dominates the market today. Especially the decline in the price of the leading altcoin Ethereum attracts attention. According to on-chain observers, there was intense whale selling in ETH today. Six whales sold more than 44,000 ETH (about $140 million) during the market decline:
- Address 0x4353 deposited 10,431 ETH (approximately $32.66 million) to Binance.
- Address 0x4446 deposited 11,892 ETH (approximately $38 million) to Binance.
- The FTX/Alameda address deposited 2,000 ETH (approximately $6.28 million) to Binance.
- Address 0x488b sold 3,543 stETH (about $11.23 million) at an average price of $3,170 and 3,000 wstETH (about $11.07 million) at an average price of $3,692.
- Address 0x59e9 deposited 7,943 ETH (approximately $24.9 million) to Coinbase.
- Address 0xC47f deposited 5,584 ETH (approximately $17.5 million) to Coinbase.
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