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.