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.
