The major cryptocurrencies to be considered low-cost with an effective surge in 2023: Shiba Inu (SHIB), RenQ Finance (RENQ), and Polygon (MATIC). The prominent growth in these cryptocurrencies over the previous year through fascinating features to stand ahead of other coins in the crypto market. Get to know some of
May 4, 2023 3 mins read
Stablecoins have emerged from obscurity to become one of the most important digital asset sectors in the space. The stablecoin market now accounts for over 10% of crypto’s total valuation, with a market cap exceeding $130B. With over 100 stablecoins listed on Coinmarketcap alone, deciding where to allocate capital is
May 4, 2023 5 mins read
In a budget proposal for the fiscal year 2024, US President Joe Biden suggested a new tax on cryptocurrency mining. Companies involved in crypto mining—the process of mining new cryptocurrencies by solving complex cryptographic problems and verifying transactions—will be subject to the Digital Asset Mining Energy (DAME) excise tax. 30%
May 4, 2023 2 mins read
The Rocket Pool (RPL) token price analysis for May 3, 2023 indicates the token opened the daily trading session on a low note at $48.23. The token has been trading in a range between $48.23 and $52.55 for the past few weeks. The higher lows indicate buying pressure at higher
May 4, 2023 3 mins read
PawChain recently announced on Twitter that the team is working on creating a native Layer 2 wallet, codenamed PAWallet. This wallet will allow users to securely store their crypto assets and also interact peer-to-peer off-chain with holders of PAW (the native token of PawChain and PawSwap DEX). Moreover, the team
May 4, 2023 2 mins read
On May 3rd, a trader missed out on PEPE but discovered WSB only six minutes later. Seizing the opportunity, he purchased 1.9 billion WSB for 6 ETH and sold 500 million WSB for 38 ETH just 15 minutes later. Not satisfied with his profit, he paid 24 ETH to purchase
May 4, 2023 2 mins read
The debate around cryptocurrency mining continues to rage across social media platforms. This was recently illustrated when renowned American environmental lawyer, Robert F. Kennedy Jr., tweeted about cryptocurrencies and the potential implications of a proposed 30% tax on crypto mining operations. Cryptocurrencies like Bitcoin have been hailed as a major
May 4, 2023 2 mins read
A thriving Web3 social intelligence platform NFT Inspect continues to build next-generation infrastructure to help users connect with their favorite NFT community and analyze communication growth. In a recent development, NFT Inspect has secured strategic funding from Ghost Foundation, the investment and management arm of Ghost Kid DAO. With the
May 4, 2023 3 mins read
RenQ Finance has been one of the most exciting projects in the DeFi space, with a strong team and a focus on cross-chain interoperability. The project’s presale has been an immense success, with the final stage of the presale almost complete, having already sold 80% of the available tokens. This
May 4, 2023 4 mins read
In a surprising move, an Ethereum ICO participant recently awoken from a seven-and-a-half-year dormancy to transfer one ETH to a new address. According to a Lookonchain tweet, the investor had received 2,365 ETH during the Ethereum Genesis ICO. An Ethereum ICO participant woke up after 7.7 years of dormancy and
April 24, 2023 2 mins read
