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Showing posts with the label financial news

Avalanche Skyrockets After $1 Billion Treasury Announcement

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Avalanche (AVAX) is currently among the best-performing cryptocurrencies in the top 100 projects by market cap. According to CoinGecko data, AVAX’s price has risen by 8.6% in the last 24 hours, 15.% in the last week, 16.2% in the 14-day charts, and 25.2% over the previous month. Let’s discuss what’s behind Avalanche’s latest price rally. Source: CoinGecko What’s Pushing Avalanche’s Price? Source: Securehindi The massive rally comes after the Financial Times reported that Avalanche is planning to raise $1 billion for two crypto treasury companies. The money will reportedly go towards buying AVAX coins at a discounted price. Avalanche’s (AVAX) latest price rally also comes amid cooling inflation numbers for the US. The dip in inflation figures has further boosted the chances of an interest rate cut later this month. The development may have led to a spike in investor sentiment. Rate cuts often lead to investors making more risky investments as bor...

Goldman's Ripple Leak Shocks Coinbase, Wood Reacts

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Goldman Sachs’s Ripple leak has emerged as a major development in cryptocurrency markets right now, with leaked documents revealing the investment banking giant’s involvement as a Ripple co-investor. The Goldman Sachs Ripple leak has triggered immediate responses from Coinbase and also investor Cathie Wood, highlighting growing institutional interest in digital assets. Bitcoin hodlrs probably have a large percent of their net worth in crypto and therefore have not been able to qualify for a mortgage. I wouldn’t be surprised if they were to shift some of their bitcoin to Coinbase to serve as collateral for a once unattainable new home. https://t.co/C36B7yT14f — Cathie Wood (@CathieDWood) June 29, 2025 Also Read: Here’s When Ripple (XRP) May Hit $15, $18 & Then $50 Goldman Sachs Ripple Leak Spurs Coinbase Moves, Cathie Wood Insight Source: Watcher.Guru Coinbase Strategic Response to Goldman Sachs Ripple Leak The Goldman Sachs Ripple leak has prompted Coinbase to hire a new pr...

Company Linked to Trump Family Slashes Equity Stake in World Liberty Financial Crypto Project

A corporate entity linked to President Donald Trump and his family quietly slashed its equity stake in the decentralized finance (DeFi) platform World Liberty Financial (WLFI). The Trump-affiliated company DT Marks DEFI LLC previously owned a 60% stake in World Liberty. Fine print on the platform’s website now indicates DT Marks owns approximately 40% of the equity interests in WLF Holdco LLC, which holds the only membership interest in World Liberty Financial. Forbes first reported the change. World Liberty notes that WLF Holdco holds all the rights to net protocol revenues from the DeFi platform, except for net proceeds from the sale of WLFI tokens. The platform also notes that neither Trump nor any of his family members “is an officer, director or employee of, WLF Holdco LLC or World Liberty Financial.” The downsizing of Trump’s equity stake materializes as he has reportedly pocketed tens of millions of dollars in income from World Libe...