Archive for the 'News' Category

Weekly AVA & Crypto Market Update (27 Jun ’25)

Jun 27 2025 Published by under News

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.

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Weekly AVA & Crypto Market Update (20 Jun ’25)

Jun 20 2025 Published by under News

Welcome to this week’s AVA and crypto market update! This update covers news from 13 June-19 June 2025.

Crypto Market Update

The top stories from the broader market:

⚠️ 16 Billion Passwords Leaked: News of the biggest password leak in history has been reported, with Apple, Google, Telegram, Facebook, and more affected. 30 exposed data sets containing 16 million to over 3.5 billion records each were breached. The advice is to update your important passwords and enable 2FA now.

⚖️ Senate Passes GENIUS Act Bill: The US Senate passed the bill on Tuesday with a 68-30 vote. The bill is the first major digital asset legislation to be approved by the Senate and aims to regulate stablecoins. The bill now heads to the House, where it is expected to take some reconciling with the STABLE Act bill proposed by the House before being enacted into law.

💵 JPMorgan Piloting Deposit Token: America’s biggest bank is piloting its deposit token, JPMD, on Base. This will operate within the traditional banking framework and allow Coinbase’s institutional clients to access JPMD for transactions following the pilot.

AVA Updates

In this week’s round-up of AVA news:

🔼 Bookings Bounce Back: AVA bookings have shot back up over the last 7 days, recording a 100%+ increase across Smart discounts, AVA booking figures, and AVA booking volume.

💵 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): 41,075 (+0.36%)

🤝 Total AVA Smart Program members: 67,965 (+1.29%)

🔒 Total AVA locked in the AVA Smart Program: 9,411,300 (+0.26%)

💰 AVA givebacks last 7 days: 25,838 AVA worth $15,126 (-7.26%)

🛍 Total saved via Smart discounts last 7 days: $13,159 (+143%)

✈️ Number of room nights & flights booked with AVA last 7 days: 192 (+111%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $39,262 (+176%)

 

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.

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Weekly AVA & Crypto Market Update (13 Jun ’25)

Jun 13 2025 Published by under News

Welcome to this week’s AVA and crypto market update! This update covers news from 6 June-12 June 2025.

Crypto Market Update

The top stories from the broader market:

📉 Israel-Iran Tensions Escalate: Israeli strikes on Iran triggered a broad crypto sell-off, with Bitcoin down ~7% over two days. Crude oil jumped around 10%, with investors once again turning to safe-haven assets like gold.

📈 Ether Derivatives Surge: Tuesday saw ETH derivatives record over $110 billion volume in a single day, beating out Bitcoin at $85 billion. This represented a 38% increase over the previous day, with 16 consecutive days of net postive inflows into ETH ETFs also recorded.

🏦 Deutsche Bank Exploring Stablecoins: The German bank is the latest traditional company to explore the use of stablecoins. The options being considered include issuing their own token or collaborating on an industrywide initiative.

AVA Updates

In this week’s round-up of AVA news:

✍️ AVA+ Rewards Perk Proposal: The community vote has passed! Development will now commence on this proposal, with an estimated launch in Q3 2025. View proposal

💵 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): 40,926 (+0.25%)

🤝 Total AVA Smart Program members: 67,101 (+1.29%)

🔒 Total AVA locked in the AVA Smart Program: 9,386,550 (+0.20%)

💰 AVA givebacks last 7 days: 28,934 AVA worth $16,310 (+1.18%)

🛍 Total saved via Smart discounts last 7 days: $5,406 (-5.52%)

✈️ Number of room nights & flights booked with AVA last 7 days: 91 (-54.72%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $14,221 (-73.24%)

 

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.

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Weekly AVA & Crypto Market Update (6 Jun ’25)

Jun 06 2025 Published by under News

Welcome to this week’s AVA and crypto market update! This update covers news from 30 May-5 June 2025.

Crypto Market Update

The top stories from the broader market:

👊 Trump-Musk Feud: Elon Musk and Donald Trump have entered into a heated X debate stemming from continuing disagreements about the US budget bill. The feud culminated in Musk accusing Trump of being in the Epstein files and claiming that Trump should be impeached. The Tesla share price plummeted more than 14% following the tweets.

📈 Circle Begins Trading: Circle (CRCL) shares opened trading on Thursday at about $69 and closed at $83 on the first day of trading — a 167% increase following the IPO price of $31. The question now turns to whether CRCL can maintain positive momentum without following in the footsteps of Coinbase’s IPO in 2021, which opened at $381 and fell to below $200 within a month before falling to lows of around $33 at the beginning of 2023.

🛞 Uber Considering Stablecoins: The Uber CEO revealed at the Bloomberg Tech Summit that the company is exploring the use of stablecoins as a payment method, citing that stablecoins have “a practical benefit other than crypto as a store of value”. The CEO has commented on the potential of cryptocurrencies before, stating back in 2021 that Uber may accept bitcoin and other cryptocurrencies if there is sufficient demand and benefit to the company.

AVA Updates

In this week’s round-up of AVA news:

✍️ AVA+ Rewards Perk Proposal: Voting for the new perk is open until 10 June! Vote now

🏦 Monthly Buyback: 153,288 AVA was repurchased as part of the Monthly AVA Buyback for April 2025. View transaction

📊 Monthly Report: View the May monthly report with key AVA Smart Program and Travala stats! View report

💻 Job Opening: We’re hiring a new Lead Growth Contributor to join the team! View job

Weekly AVA Metrics

Below are the key $AVA metrics from the last 7 days:

💼 Total AVA holders (Travala + on-chain): 40,824 (+0.33%)

🤝 Total AVA Smart Program members: 66,246 (+1.22%)

🔒 Total AVA locked in the AVA Smart Program: 9,368,050 (+0.15%)

💰 AVA givebacks last 7 days: 29,959 AVA worth $16,119 (-5.06%)

🛍 Total saved via Smart discounts last 7 days: $5,722 (-21.31%)

✈️ Number of room nights & flights booked with AVA last 7 days: 201 (+22.56%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $53,145 (+10.77%)

 

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.

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Weekly AVA & Crypto Market Update (30 May ’25)

May 30 2025 Published by under News

Welcome to this week’s AVA and crypto market update! This update covers news from 23 May-29 May 2025.

Crypto Market Update

The top stories from the broader market:

⚖️ SEC Moves to Drop Binance Litigation: A joint motion filed by the SEC and Binance on Thursday seeks to dismiss the lawsuit brought against Binance in 2023. The court filing made reference to the SEC’s new crypto task force, which was formed to develop a regulatory framework for crypto assets. A Binance spokesperson called the dismissal a ‘landmark moment’.

📈 Circle Announces IPO Details: The issuer of the world’s second-largest stablecoin, USDC, has provided details about its upcoming IPO, targeting a raise of up to $624 million at a valuation of around $6 billion.

💸 PSG Announces Bitcoin Treasury: The head of PSG Labs revealed that Paris Saint-Germain F.C. has been accumulating BTC since last year at the Bitcoin 2025 conference yesterday. PSG had the third-highest revenue in football last season at over $800 million, with the club valued at over $4 billion. The announcement comes ahead of the prestigious Champions League final between PSG and Inter Milan this weekend.

AVA Updates

In this week’s round-up of AVA news:

✍️ New Perk – Draft Proposal: We want to hear from you! A draft proposal has been put forward which would enable Smart members to lock up to 200,000 additional AVA via their on-chain wallets within a smart contract and receive up to 7.5% per year in AVA rewards. View draft proposal

📊 New Perk – Name Poll: Vote on your favourite name for the new perk by 1 June in our Telegram channel! Vote here

💻 Job Opening: We’re hiring a new Lead Growth Contributor to join the team! View job

Weekly AVA Metrics

Below are the key $AVA metrics from the last 7 days:

💼 Total AVA holders (Travala + on-chain): 40,690 (+0.29%)

🤝 Total AVA Smart Program members: 65,447 (+1.42%)

🔒 Total AVA locked in the AVA Smart Program: 9,353,550 (+0.07%)

💰 AVA givebacks last 7 days: 28,337 AVA worth $16,979 (-5.14%)

🛍 Total saved via Smart discounts last 7 days: $7,272 (-29.96%)

✈️ Number of room nights & flights booked with AVA last 7 days: 164 (-7.34%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $47,977 (-16.27%)

 

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.

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Weekly AVA & Crypto Market Update (23 May ’25)

May 23 2025 Published by under News

Welcome to this week’s AVA and crypto market update! This update covers news from 16 May-22 May 2025.

Crypto Market Update

The top stories from the broader market:

📈 Bitcoin Reaches All-time High: Bitcoin peaked at just shy of $112K this week, surpassing the previous high of $109K set in January. This surge represents an increase of over 25% in the last 30 days alone, with continued institutional investment, Bitcoin ETF inflows, and positive legal developments all contributing to its strong performance.

⚖️ GENIUS Act Advances: The US Senate voted 66-32 to advance the GENIUS Act to a Senate debate. The act would require stablecoins to be backed 1:1 by USD or other liquid assets, with annual audits for large issuers that have market capitalisations greater than $50 billion.

✍️ XRP, SOL & DOGE ETFs Delayed: The SEC delayed its decision on XRP, SOL, and DOGE ETF applications filed by multiple companies this week amid deliberations on whether the proposals meet regulatory standards. Experts say that a delayed decision was expected, with a decision likely to be reached in Q4 this year.

AVA Updates

In this week’s round-up of AVA news:

🖱 Website Expansion: The AVA Foundation website has been expanded with new pages and info! View site

💻 Job Opening: We’re hiring a new Lead Growth Contributor to join the team! View job

Weekly AVA Metrics

Below are the key $AVA metrics from the last 7 days:

💼 Total AVA holders (Travala + on-chain): 40,570 (+0.30%)

🤝 Total AVA Smart Program members: 64,530 (+1.19%)

🔒 Total AVA locked in the AVA Smart Program: 9,346,550 (+0.30%)

💰 AVA givebacks last 7 days: 28,713 AVA worth $17,900 (+9.03%)

🛍 Total saved via Smart discounts last 7 days: $10,383 (+67.90%)

✈️ Number of room nights & flights booked with AVA last 7 days: 177 (+80.61%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $57,299 (+81.06%)

 

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.

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Weekly AVA & Crypto Market Update (16 May ’25)

May 16 2025 Published by under News

Welcome to this week’s AVA and crypto market update! This update covers news from 9 May-15 May 2025.

Crypto Market Update

The top stories from the broader market:

📉 Inflation Slows to Lowest in 4 Years: The latest inflation data was released by the US Bureau of Labor Statistics, with the Consumer Price Index growing at the slowest pace since February 2021 at a rate of 2.3% YoY in April 2025 (down from 2.4% YoY in March 2025). This fuelled $BTC and $ETH to continue their strong rallies this week.

🤝 US-China Temporary Tariff Deal: On Monday, the US and China agreed to temporarily lower the tariffs on Chinese imports from 145% to 30% and from 125% to 10% on US imports for 90 days from 14 May.

🕯 Coinbase to Trade on S&P 500 Next Week: After going public in 2021 via a direct listing, Coinbase is now set to begin trading on the S&P 500 next week — the first public crypto company to do so and a major milestone for the entire industry.

AVA Updates

In this week’s round-up of AVA news:

🏝 Travel Drop Winners: Congratulations to our 2 lucky Diamond members with NFT IDs #757 & #870, who won the Luxury Fiji Travel Drop!

🎁 Bonus Task Winners: Congratulations to Marianna, Nikolaos, and Alexandr for winning an extra $100 Travel Credits each by completing the Bonus Contributor Tasks!

💻 Job Opening: We’re hiring a new Lead Growth Contributor to join the team! View job

Weekly AVA Metrics

Below are the key $AVA metrics from the last 7 days:

💼 Total AVA holders (Travala + on-chain): 40,446 (+0.37%)

🤝 Total AVA Smart Program members: 63,771 (+1.59%)

🔒 Total AVA locked in the AVA Smart Program: 9,318,050 (-0.07%)

💰 AVA givebacks last 7 days: 29,118 AVA worth $19,678 (-30.43%)

🛍 Total saved via Smart discounts last 7 days: $6,184 (-25.86%)

✈️ Number of room nights & flights booked with AVA last 7 days: 98 (-47.31%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $31,646 (-59.52%)

 

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.

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Weekly AVA & Crypto Market Update (9 May ’25)

May 09 2025 Published by under News

Welcome to this week’s AVA and crypto market update! This update covers news from 2 May-8 May 2025.

Crypto Market Update

In this week’s market news, the Bitcoin price crossed $100k yesterday for the first time since February, with its market dominance currently standing at over 63% — more than 10% greater than the first time it crossed $100k in December 2024.

Driving this positive market activity across both the cryptocurrency market and stock market was a trade agreement that was announced between the U.S. and the U.K. on Thursday. This is the first deal since President Trump first introduced the tariffs in April. According to Trump, many other deals are in the late stages of negotiation.

AVA Updates

In this week’s round-up of AVA news:

📊 Monthly Report: Check out the April monthly report from Travala, including key AVA Smart Program stats! View report

🎁 Claim Bonuses: 4 DAYS LEFT! The Claim Period for the AVA Smart Bonus & Ambassador Bonus is OPEN until 13 May. Claim now

🏝 Travel Drop: 4 DAYS TO GO! Not one, but TWO lucky Diamond members will WIN a 7-night luxury trip to Fiji! Winners will be drawn on 13 May via a livestream event. See package details

💻 Job Opening: We’re hiring a new Lead Growth Contributor to join the team! View job

Weekly AVA Metrics

Below are the key $AVA metrics from the last 7 days:

💼 Total AVA holders (Travala + on-chain): 40,298 (+0.28%)

🤝 Total AVA Smart Program members: 62,772 (+1.39%)

🔒 Total AVA locked in the AVA Smart Program: 9,325,300 (-0.21%)

💰 AVA givebacks last 7 days: 49,642 AVA worth $28,286 (+27.22%)

🛍 Total saved via Smart discounts last 7 days: $8,341 (-14.11%)

✈️ Number of room nights & flights booked with AVA last 7 days: 186 (+3.33%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $78,183 (+145.07%)

 

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.

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Weekly AVA Update (2 May ’25)

May 02 2025 Published by under News

Welcome to this week’s AVA update! This update covers news from 25 April-1 May 2025.

AVA Updates

In this week’s round-up of AVA news:

🎁 Claim Bonuses: The Claim Period for the AVA Smart Bonus & Ambassador Bonus is OPEN until 13 May. Claim now

🏦 Monthly Buyback: 147,649 AVA repurchased as part of the Monthly AVA Buyback for April 2025. View transaction

🏝 Travel Drop: Not one, but TWO lucky Diamond members will WIN a 7-night luxury trip to Fiji! Winners will be drawn on 13 May via a livestream event. See package details

Weekly AVA Metrics

Below are the key $AVA metrics from the last 7 days:

💼 Total AVA holders (Travala + on-chain): 40,184 (+0.40%)

🤝 Total AVA Smart Program members: 61,911 (+1.40%)

🔒 Total AVA locked in the AVA Smart Program: 9,345,550 (-0.24%)

💰 AVA givebacks last 7 days: 37,905 AVA worth $22,234 (+12.67%)

🛍 Total saved via Smart discounts last 7 days: $9,712 (+7.11%)

✈️ Number of room nights & flights booked with AVA last 7 days: 180 (+9.09%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $31,902 (-23.90%)

 

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.

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Weekly AVA Update (25 Apr ’25)

Apr 25 2025 Published by under News

Welcome to this week’s AVA update! This update covers news from 18 April-24 April 2025.

AVA Updates

In this week’s round-up of AVA news:

🎉 Milestone: We’ve reached 40,000 AVA holders on Travala and on-chain!

🏝 Travel Drop: We’re sending TWO lucky Diamond members on a 7-night luxury trip to Fiji! See package

🎁 Next Week: The Claim Period for the AVA Smart Bonus & Ambassador Bonus will be open from 29 April-13 May.

Weekly AVA Metrics

Below are the key $AVA metrics from the last 7 days:

💼 Total AVA holders (Travala + on-chain): 40,025 (+0.41%)

🤝 Total AVA Smart Program members: 61,057 (+1.46%)

🔒 Total AVA locked in the AVA Smart Program: 9,367,800 (+0.43%)

💰 AVA givebacks last 7 days: 35,597 AVA worth $19,733 (+9.17%)

🛍 Total saved via Smart discounts last 7 days: $9,067 (+74.00%)

✈️ Number of room nights & flights booked with AVA last 7 days: 165 (+89.65%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $41,923 (+77.45%)

 

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.

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