AVAXUSDT Three board members, including Omer Demirel, Aytunç Yildizli, and Vikram Nagrani, have formally resigned from the boards of the Avalanche Foundation and its subsidiaries earlier this week. Omer stated that this collective voluntary resignation was a "well-considered" decision, and they will continue to focus on the development of the Avalanche ecosystem in the future.
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.