News for Avalanche USD (AVAXUSD)

Grayscale’s Global Head of ETFs, Dave LaValle, encouraged cryptocurrency skeptics to educate themselves about the “disruptive” potential of the asset class.

A total of 72 cryptocurrency-related exchange-traded funds are currently awaiting approval by the U.S. Securities and Exchange Commission, according to Bloomberg ETF analyst Eric Balchunas.

Interactive Brokers (IBKR) added more cryptocurrencies to its trading platform, including Chainlink (LINK-USD), Avalanche (AVAX-USD) and Sui (SUI-USD), it said on Tuesday.

Litecoin and Avalanche both traded in the green Wednesday, defying the blood-soaked charts of other established coins. What happened: LTC rose 2.85% in the last 24 hours, while its trading volume zoomed 34% to $1.94 billion.

Bybit said on Sunday it froze $42.89 million of the hacked funds thanks to the efforts of multiple parties as the cryptocurrency exchange shores up its reserves after the shocking $1.4 billion exploit.

The Securities and Exchange Commission has acknowledged Grayscale's applications for spot Dogecoin (CRYPTO: DOGE) and XRP (CRYPTO:

Driven by a larger bump across risk markets, Bitcoin (BTC-USD) recovered the $100,000 threshold on Monday and rose 4.2% to $101,700 as of lunchtime. With an 8%

Dog-themed meme coin Shiba Inu (CRYPTO: SHIB) has surged by 208% so far in 2024, catapulting its market capitalization to $18.28 billion.

Financial writer analyzes AVAX growth, stablecoin supply, and investment appeal, maintains 'hold' rating compared to alternatives like Polygon. Read more here.

Avalanche (CRYPTO: AVAX) is seeing bullish momentum, fueled by strong fundamentals and optimistic community sentiment.

In a significant step towards mainstream adoption of cryptocurrency technology in the U.S., the Department of Motor Vehicles in California has digitized a whopping 42 million car titles using the Avalanche (CRYPTO: AVAX) blockchain.

Grayscale Digital Large Cap Fund ETF trades at a significant discount to its NAV. Read more on the GDLC closed-end fund's prospects.

Cryptocurrency investors should be staking at least one of their coins, take the yield, and let it ride. For retailer investors who are up on all the lingo, “staking” is like locking up money in a high risk investment, for the promise of interest payments over the lock-up period. Private equity does this.

Stablecoin issuer Circle announced the expansion of its Web3 service to Solana (CRYPTO: SOL), providing developers on the blockchain with enhanced features needed to launch decentralized apps.

Despite the large surge in coin price, SOL is actually trading at lower price to fees valuations than larger peers Ethereum and Binance. Learn more here.

Of the BITW's ten holdings, most have generally positive network trends. However, there are a few that look less than promising at this point. Explore more here.

Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading past the key $64,000 level on Wednesday. Ethereum (CRYPTO: ETH) also recorded gains, trading above the key $3,300 mark this morning.

Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $68,000 level on Monday. Ethereum (CRYPTO: ETH) also recorded gains, but remained below the key $3,600 mark this morning.

In December, Bitcoin outperformed the S&P 500 for the fourth straight month (+9% vs. +4%) to end 2023 +154%, its best year since 2020 when BTC rose 305%.