Bitcoin dominance drop and resistance at $55K stoke altseason hopes

[ad_1] The overall cryptocurrency market saw a second day of gains on April 27 after the weekend sell-off proved to be a good buying opportunity for retail and institutional investors. Lower gas fees following the Ethereum network’s Berlin upgrade along with an increase in institutional buying and decentralized finance activity lifted the price of Ether … Read more

Avalanche-Based Liquidity Protocol BENQi Receives 6 Million Dollars in Funding

[ad_1] BENQI, a non-custodial liquidity market protocol built on Avalanche, announced the completion of its $6 million strategic fundraising round, led by Ascensive Asset. The list of other strategic investors included Mechanism Capital, Arrington XRP Capital, Dragonfly Capital, MarketAcross, TRGC, Spartan Group, Woodstock Fund, and more. Explaining the importance of this investment, BENQI stated that … Read more