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.
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 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.
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.
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.
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.
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.
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.
Former macro hedge fund manager Raoul Pal says the final quarter of the year will be “extraordinary” for cryptoassets.
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.