Category: Blockchain

Publicly Traded Voyager Digital to Add Support for Avalanche Token

The Avalanche public blockchain network has continued to expand its ecosystem reach as a publicly-traded digital currency brokerage firm, Voyager Digital has announced it will be adding support for the AVAX coin. As reported by Voyager, the integration of Avalanche, just like other listings, will afford its platform users to transact with the coins while

US Congressmen Pushing for SEC Chairman Gary Gensler to Approve Bitcoin Spot ETF

US representatives Tom Emmer and Darren Soto are demanding the approval of a spot Bitcoin exchange-traded fund (ETF). On Wednesday, November 3, the Congressmen released a letter directed to the US Securities and Exchange Commission (SEC) and its chairman, Gary Gensler. In the letter, the lawmakers questioned why the SEC has approved the trading of futures-backed

Long Term Bitcoin Holders Emerge as the Biggest Beneficiaries with a Cost Basis of $17,750

Bitcoin (BTC) has gained some momentum after correcting the historic high of $66,900 set on October 20. The benchmark cryptocurrency was up 2.9% in the last 24 hours to hit $63,355 during intraday trading, according to CoinMarketCap.  Long-term holders are beneficial from enjoying the lower cost basis that stands at $17,750. On-chain analyst Dylan LeClair

US SEC Delays Decision on Valkyrie Bitcoin Spot ETF Proposal Until 2022

The US Securities and Exchange Commission (SEC) has once again delayed approving a proposed exchange-traded fund (ETF) backed by physical Bitcoin applied by Valkyrie Investments Inc.  The SEC made an announcement on Monday, November 1, stating that it has extended the deadline for its decision to January 7 2022. “The Commission finds that it is