Weekly AVA & Crypto Market Update (27 Jun ’25)
Welcome to this week’s AVA and market update! This update covers news from 20 June-26 June 2025.
Crypto Market Update
The top stories from the broader market:
✔️ Coinbase Receives MiCA Approval: Coinbase is now licensed to operate across all 27 member states in the European Union, making it the first American crypto exchange to secure its MiCA license.
💸 Texas Approves Bitcoin Reserve: Texas is the third US state to approve a public Bitcoin reserve after New Hampshire and Arizona passed legislation earlier this year. It marks the first state-owned fund containing legal protections that safeguard the fund from dissolution by future legislatures.
🦄 Unicorn Status for Polymarket: Polymarket, the world’s biggest prediction market, is close to a $200 million funding round, valuing the company at more than $1 billion (making it a “unicorn”), an anonymous source told The Information this week. The round is set to be lead by Founders Fund, a venture capital firm started by PayPal co-founder Peter Thiel.
AVA Updates
In this week’s round-up of AVA news:
🗓 Contributor Tasks: Mark your calendars, Contributor Tasks for the Ambassador Bonus & AVA Smart Bonus go live 8 July!
💵 Binance Earn: Enjoy up to 6% APR with AVA Flexible Products on Binance Earn. More info
Weekly AVA Metrics
Below are the key $AVA metrics from the last 7 days:
💼 Total AVA holders (Travala + on-chain): 41,224 (+0.36%)
🤝 Total AVA Smart Program members: 68,753 (+1.16%)
🔒 Total AVA locked in the AVA Smart Program: 9,459,550 (+0.51%)
💰 AVA givebacks last 7 days: 32,585 AVA worth $17,076 (+12.89%)
🛍 Total saved via Smart discounts last 7 days: $9,843 (-25.20%)
✈️ Number of room nights & flights booked with AVA last 7 days: 123 (-35.94%)
💱 Dollar (USD) value of AVA travel bookings last 7 days: $26,871 (-31.60%)
Tune in next week for the latest news!
AVA Foundation
The information provided in this article is for general informational purposes only and is not intended to be, nor should it be construed as, financial, investment, trading, legal, or tax advice. Nothing contained herein constitutes an offer to buy, sell, or hold any cryptocurrency or asset, nor does it recommend any specific investment strategy or financial instrument.