Crypto News
Avalanche Price Gains 13% Setting a New ATH, $220M Fund Announced
One of the top gainers this week has been Avalanche (AVAX), gaining over 35% this week and over 13% today alone. With a market cap of $18b, Avalanche is a behemoth of a crypto. Let’s take a closer look at AVAX and see what all the hype is about.
nulltx.com
Brazilian federal deputy proposes crypto payment option for workers
Federal Deputy Luizão Goulart, a Brazilian congressman, proposed a bill to legalize crypto payments as a mode of payment for public and private sector workers.
cointelegraph.com
Binance BNB Price Analysis: BNB Coin close in on ATH amid Porto FC partnership
Binance, the world’s largest crypto exchange announced a multi-year partnership with one of Europe’s top professional football clubs – FC Porto.
coingape.com
Here’s why JP Morgan analysts recommend Ethereum over Bitcoin
The rivalry between the top two cryptocurrencies, Bitcoin and Ether, has been messy and long drawn out. And this has presented an omnipresent dilemma for potential investors.
ambcrypto.com
Bank of America Executive Sees Crypto as Asset Class: 'I Don't View It as Competition at All'
Bank of America’s chief operating officer does not see cryptocurrency as competition. Instead, he views it as an asset class, noting that “people like it for all sorts of different reasons.”
bitcoin.com
Square’s Cash App Generates $1.8 Billion in Bitcoin Revenue, BTC Profit up 29% in Q3
Square Inc. has reported bitcoin revenue of $1.82 billion in the third quarter, an 11% increase from the same period last year. Its bitcoin gross profit was $42 million during the time period, a 29% increase year-over-year.
bitcoin.com
‘Criminal felony statute’ in U.S. infrastructure bill could ‘freeze healthy crypto behavior’
The U.S. House of Representatives has passed the $1 trillion infrastructure bill, which has divided policymakers and industry stakeholders across the country. What’s left now is for President Biden to sign it into law.
ambcrypto.com
Moscow Confirms Arrest of Russian Crypto Entrepreneur in Amsterdam, Report Mentions FBI
Authorities in the Netherlands have arrested a Russian national with a cryptocurrency business, the Foreign Ministry in Moscow has confirmed. The man involved in the establishment of two crypto exchange platforms was apprehended earlier this month, reportedly on a request from U.S. law enforcement.
bitcoin.com