AVAX One (AVX) stock falls more than 30% on insider share registration

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Crypto News

AVAX One, the digital asset treasury firm advised by SkyBridge Capital founder Anthony Scaramucci, saw its shares tumble more than 32% after it registered nearly 74 million shares held by insiders as available for sale. The company, which holds AVAX tokens and related Avalanche ecosystem assets, made the disclosure late on Tuesday. While the filing […]

Avalanche (AVAX) Extends Weekly Losses to 18% as Institutional Backing Fails to Lift Market

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Crypto News

Avalanche’s native token AVAX fell 8% over the past 24 hours to $27.72, extending a weeklong slide that erased nearly 18% of its value. The drop occurred alongside a broad plunge in crypto markets that’s seen ETH, SOL, DOGE also post double-digit percentage declines over the past week and BTC fall 6%. AVAX has struggled […]