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YZi Labs invests in Avalon, AVL price spikes 15%

YZi Labs, a venture capital and investment firm with over $10 billion in assets under management, has invested in Avalon Labs, a Bitcoin-focused on-chain capital markets platform. YZi Labs announced the investment on May 26, 2025, prompting a sharp rally in Avalon’s native token, AVL, which traded around $0.27, just below its intraday high of…

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Bitcoin price could hit $140k as institutional interest rises: MEXC COO

Macroeconomic uncertainty is causing institutions to rethink their positions, which is leading many to Bitcoin, says Tracy Jin. The increasingly turbulent macroeconomic environment is making companies rethink their investment strategies. However, this may be good for Bitcoin (BTC), as institutions flee from traditional types of assets. Tracy Jin, COO of the MEXC exchange, told crypto.news…

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