Crypto News

Ethereum (ETH) Supply Dynamics Tell An Interesting Story, Exchange Outflow Hits New Record
On Thursday, September 16, the world’s second-largest cryptocurrency Ethereum (ETH) rallied all the way to $3,700. Even today, ETH continues to hold $3500 levels strongly.

Protesters in El Salvador Set Fire to Bitcoin ATM in Defiance of President Bukele
A group of protesters in El Salvador recently set fire to a Bitcoin ATM as part of a demonstration against President Nayib Bukele’s recent policies, including the adoption of BTC as legal monetary tender.

The Crypto-Boom and Its Influence on Sports Betting
The cryptocurrency frenzy seems to have taken over the entire world. What was a simple idea just a few years ago turned into one of the most lucrative phenomena of the past decade. Nowadays, more and more businesses are accepting cryptocurrencies as a method of payment. People are buying clothes, food, and even real estate with Bitcoin. What is more, they are even using this new-age currency to place bets.

Avalanche (AVAX) Shoots 12% After Raising $230 Million With Private Token Sale
Proof-of-stake (PoS) blockchain network Avalanche is getting major recently with its native AVAX token gaining 50% over the last week. Earlier today, the AVAX token jumped another 12% moving all the way to $68 and entering the list of top 15 cryptocurrencies by market cap.

How to Recover a Lost Blockchain Wallet Password - KeychainX Expert Explains
There is no greater fear for cryptocurrency investors than one day forgetting the password to their blockchain wallets, seeing how their own money is right in their hands but still locked away forever from them. If this has happened to you, however, don’t lose hope. There are ways to recover a lost blockchain wallet password, as explained by a leading expert at wallet recovery with years of experience from KeychainX.

How the Wider World of Investment Opportunities Received a Boost in the Wake of the Robinhood Fiasco
When Reddit users coordinated themselves to use their Robinhood accounts to buy GameStop shares en masse, the short squeeze they created sent shockwaves through Wall Street.

US Lawmakers Propose to Subject Cryptocurrencies to Wash Sale Rule
A committee of the U.S. House of Representatives has proposed to subject cryptocurrencies to the “wash sale” rule. Since cryptocurrencies are treated as property by the Internal Revenue Service (IRS), they are currently not subject to the wash sale rule. This proposal attempts to close down a big crypto tax loophole.

No more decentralization for Binance, but will it work for the ‘wild west’
In a recent interview with South China Morning Post, Changpeng Zhao – Founder and CEO of Binance –agreed to restructure the exchange with a centralized headquarters.

Crypto Will Have an ‘Extraordinary’ Q4, Says Former Goldman Sachs Exec
Former macro hedge fund manager Raoul Pal says the final quarter of the year will be “extraordinary” for cryptoassets.

Got Crypto? AMC Movie Theater Chain To Start Accepting These Three Altcoins by Year’s End
The CEO of AMC Entertainment Holdings Adam Aron says the movie theater chain will enable tickets to be purchased online using four cryptocurrencies by the end of this year.