Avalanche treasuries line up $1 billion to make AVAX part of the multi-chain finance

Avalanche Treasury Co. is set to go public through a $675 million SPAC deal, backed by the AVAX ecosystem. This move aims to raise $1 billion to establish an AVAX treasury and list on Nasdaq by early 2026, providing institutions with discounted access to the network. This is significant as it highlights the growing interest in blockchain technology and the potential for institutional investment in the AVAX ecosystem.

AVAX has seen a significant price surge, reaching an intraday high of $31.32, following the announcement from Avalanche Treasury Co. about its ambitious plan to accumulate up to $1 billion in assets. This move is crucial as it signals strong confidence in the Avalanche ecosystem and could attract more investors, potentially boosting the overall market.

Avalanche Treasury Co. is set to make waves in the cryptocurrency market with plans to launch through a blank-check merger next year, aiming to acquire over $1 billion worth of AVAX tokens. This move not only highlights the growing interest in Avalanche but also signals confidence in the future of digital assets, potentially attracting more investors to the space.

A treasury firm backed by the Avalanche Foundation is set to go public through a $675 million merger, aiming for a significant $1 billion buy of AVAX tokens. This move is expected to enhance institutional access to digital assets, which could lead to increased adoption and integration of AVAX within financial markets. It's an exciting development for the cryptocurrency space, as it signals growing confidence from traditional finance in digital currencies.

Bitwise has launched the Avalanche Staking ETP on Deutsche Börse Xetra, marking a significant step in the integration of cryptocurrency into traditional finance. This move highlights the increasing interest from institutional investors in scalable blockchain solutions, which could pave the way for broader adoption of digital assets in mainstream markets.

Bitcoin remains steady despite a backdrop of declining altcoins like ETH, SOL, and AVAX. Bitfinex has issued a warning about potential downside risks as a U.S. government shutdown approaches. This situation is significant as it highlights the volatility in the cryptocurrency market and the impact of external economic factors on digital assets.

The CoinDesk 20 index has seen a decline of 1.1%, primarily driven by significant drops in NEAR Protocol and Avalanche, which fell 3.8% and 3.5% respectively. This downturn highlights the volatility in the cryptocurrency market, affecting investor confidence and market dynamics. Understanding these fluctuations is crucial for anyone involved in crypto trading or investment.

As Uptober approaches, the cryptocurrency market is buzzing with potential for significant gains, with historical trends suggesting a 30% to 50% increase during this season. The article explores which cryptocurrencies, including SEI, SUI, Solana, Hyperliquid, and Avalanche, might realistically achieve a fivefold increase in value over the next six months. This analysis is crucial for investors looking to capitalize on seasonal trends and make informed decisions in a volatile market.

Bitcoin has surged past the significant $119,000 mark, marking a notable increase of 2.5% in just 24 hours and an impressive 8% over the past week. This upward trend is attracting the attention of major investors, indicating a renewed interest in the cryptocurrency market. Analysts are now setting their sights on a potential target of $130,000, as trading activity and institutional inflows continue to drive momentum. This development is crucial as it reflects growing confidence in Bitcoin's value and could signal further bullish trends in the market.

SBI Crypto, a Japanese cryptocurrency firm, has reported a significant loss of $21 million due to a suspected cyberattack linked to North Korea. This incident, which occurred on September 24, 2025, highlights the ongoing vulnerabilities in the crypto space and raises concerns about the security of digital assets. The movement of funds from company-linked wallets has been traced, emphasizing the need for enhanced security measures in the industry.

Justin Sun made a notable appearance at the inaugural Crypto Roast, delivering a keynote speech while TRON DAO served as the title sponsor for TOKEN2049. This event underscores TRON DAO's commitment to driving blockchain innovation and strengthening its global community connections, making it a significant moment for the industry.

The European Central Bank (ECB) is gaining momentum in its efforts to ban US-issued stablecoins, a move led by President Christine Lagarde. This initiative is significant as it aims to strengthen the euro's position against the dollar and enhance financial stability within the Eurozone. By regulating stablecoins, the ECB seeks to mitigate risks associated with digital currencies and ensure that the European financial system remains robust and competitive. This push reflects a broader trend of central banks worldwide reassessing their strategies in the face of growing digital currency adoption.

Justin Sun made a notable appearance at TOKEN2049 in Singapore, where TRON DAO served as the Title Sponsor. This event, recognized as Asia's leading crypto gathering, showcased the potential of blockchain technology and decentralized applications. Sun's keynote highlighted the importance of community governance in the evolving Web3 landscape, making it a significant moment for both TRON and the broader crypto community.

Etsy has become a platform for sellers claiming to offer spells that can enhance your financial prospects, including promises of turning buyers into crypto millionaires for just $73. This trend raises eyebrows as it blurs the line between belief and exploitation, especially in a volatile market like cryptocurrency. While some may find humor in the idea of 'witchcraft' for financial gain, it also highlights the lengths people might go to in hopes of quick wealth, which can lead to disappointment and financial loss.