BTCUSDT Avalanche Foundation announced that it has raised $250 million in financing through a private token sale, with Galaxy Digital, Dragonfly and ParaFi participating with more than 40 other companies. The last similar token sale by Avalanche Foundation was in December 2021, when it raised $230 million
AVAXBTC after the ascending triangle, and correction, is still looking good. If holds the trendline, it will be targeting 4800, which is the next fib level, and previous top.
AVAXBTC update: a possible ascending triangle is forming, if so, 0.78 fib level as target. If we go down after that, a possible head and shoulders formation.