Terra Classic [LUNC], which suffered a massive blow earlier this year, is again on the rise. The token registered a massive 160% seven-day growth, making it one of the top gainers of the week. While the crypto industry is all hyped and excited about this recent development, how sustainable is this uptick? Although the opinionsContinue reading “Terra Classic’s [LUNC] price moons, but will it sustain the growth”

The Financial Services Agency, Japan’s financial regulator, has formally proposed to ease the corporate tax burden on crypto-assets.  The move resonates with Prime Minister Fumio Kishida’s recent efforts to stimulate the country’s economy.  According to the regulator’s annual tax-code change request filing, corporate entities shouldn’t have to pay taxes on paper gains from crypto heldContinue reading “Japan’s financial regulator proposes tax reforms for cryptos”

Ethereum [ETH] mining has been the most profitable option for miners in the recent past. However, with the upcoming Merge, there has been a lot of speculation about ETH miners jumping ship. There have been reports that miners may move to mine other coins, such as Ethereum Classic [ETC]. As the Merge appears closer, thereContinue reading “Ethereum miners are not ready to jump ship, ‘why’ might surprise you”

The entire crypto community has been waiting for the Vasil hard fork. Originally planned to go live earlier this year, the hardfork was delayed for several reasons. Recently, Input Output Global (IOG) revealed many new developments through a tweet, suggesting the wait will be over soon. Amidst the hype and excitement, ADA’s chart indicated somethingContinue reading “Cardano [ADA] holders, read these recent updates on Vasil upgrade”

The focus of the crypto community may now be shifted to the Ethereum [ETH] Merge event as August comes to a close. In the wake of this, a few Proof-of-Work (PoW) cryptocurrencies existing on the Ethereum blockchain have been tipped to profit from the transition. Top of the list is Ethereum Classic [ETC], which pridesContinue reading “Decoding Ethereum Classic’s potential to be ‘heir to the throne’ after…”

The FTX [FTT] token has been seeing quite a bit of volatility in the past few days. But a recent development may propel the token in a positive direction. In the latest tweet, WhaleStats stated that the FTT token is in the top 10 most traded tokens, among the biggest ETH whales. This could beContinue reading “FTT is doing well on charts, but traders must watch out for these signs”

Tether [USDT], one of the largest stablecoins by market cap, has been dominating the stablecoin space for quite some time. Even though Tether is crowned king of the stablecoin space, it has seen a lot of turbulence over the last few years. And, recently it had to fight off allegations made against it in theContinue reading “Is Tether caught in a FUD fiasco? WSJ report could give you a clue”

Bitcoin [BTC] mining activities plummeted since complaints of excessive power demand followed the process. This same power generation demand was what led to the block difficulty reaching a new high earlier. Now, BTC miners seem to be getting themselves out of the challenging status quo. According to the explorer channel on BTC.com, miners’ missions toContinue reading “Bitcoin miners revive blocks but there’s a ‘power tussle’ in play”

OpenSea, the NFT marketplace with the highest number of users, has had the Polygon [MATIC] network on its platform for a while. However, the use of the cryptocurrency was extremely limited compared to Ethereum [ETH], which many of its users preferred. Now, it seems that OpenSea has attributed some priority to MATIC. This can be statedContinue reading “Can Polygon [MATIC] pull multitudes after this NFT marketplace…”

In a recent tweet, the Tron DAO’s Twitter posted a link to their blog post, updating their followers about the progress in some of their on-chain metrics. According to the report, Tron’s height has exceeded 43.61 million and there has been a spike in the number of accounts added. The blog post also stated thatContinue reading “Thinking of shorting TRON? These updates might help you”

Fourteenth-ranked meme token, Shiba Inu [SHIB] has upturned the events that followed its burn rate changes over the last few weeks. According to its official Shibburn website, over 410 trillion SHIB token has been burned since its initial supply. This increase took SHIB’s burn rate to a 421.53% surge in the last 24 hours. AsContinue reading “Why Shiba Inu’s >400% ascension ended in a BONE-afied story”

Onboarding several chains into its staking solution may be one of the best steps Lido Finance [LDO] could have taken. The multi-chain staking liquidity platform hosts a number of chains including Ethereum [ETH], Solana [SOL], and Terra Classic [LUNC]. However, the recent staking activities on LDO may not be something to excite participants. According toContinue reading “How Lido Finance staking is maintaining ‘cold feet’ operandi”