The community of Terra Classic (LUNC) has been tirelessly working towards reviving the ecosystem’s native token. However, recent data from an advanced AI algorithm suggests that these efforts might not be sufficient. In this article, we will analyze the current state of the LUNC token and explore potential future scenarios. Price Predictions PricePredictions, a cutting-edge
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The cryptocurrency world has witnessed the meteoric rise of Shiba Inu, starting as a meme and now establishing its position in the market. Recent data from IntoTheBlock reveals a significant movement of SHIB tokens by the crypto’s whales in the past 24 hours. These whales, entities holding substantial quantities of Shiba Inu, have shifted billions
MicroStrategy’s co-founder and former CEO, Michael Saylor, expressed his belief that potential approvals of spot Bitcoin ETFs by the Securities and Exchange Commission (SEC) would not impact the company’s Bitcoin strategy. During an interview with Bloomberg, Saylor emphasized that MicroStrategy’s offering provides a unique proposition that spot Bitcoin ETFs cannot imitate. He reiterated this sentiment
The Australian Securities and Investments Commission (ASIC) has taken legal action against online trading platform eToro for allegedly violating financial regulations related to cryptocurrency derivative products. The ASIC lawsuit accuses eToro of contravening the design and distribution obligations under the Corporations Act 2001 between October 2021 and July 2023. The commission claims that eToro’s broad
Simon Davis, also known as “Papa Bear,” has had an unconventional path in the gaming industry. Initially a professional guitarist, Davis found himself exploring the world of game testing when his finances took a hit. This experience sparked his interest in the gaming industry, leading him to hold various management positions at gaming companies before
US Senators, led by Elizabeth Warren, have written a letter to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, urging them to take prompt action in implementing new tax reporting requirements for digital asset brokers. This call for action is based on the Infrastructure Investment and Jobs Act (IIJA), a bipartisan measure enacted nearly
The state of Wyoming is taking a decisive step in the world of cryptocurrencies by seeking an executive director for its new stablecoin project. This position comes with a lucrative offer—a generous annual salary of $150,000. Interestingly, this amount is $10,000 higher than what the state’s governor earns. The executive director will be responsible for
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has once again expressed his concerns about the cryptocurrency sector, highlighting the prevalence of fraud and inadequate investor protections. Speaking in an interview with BBTV, Gensler acknowledged the presence of trustworthy participants in the crypto space but reiterated his worries about the speculative nature of the
The world of cryptocurrency investments is always changing and evolving. Investors are constantly searching for the next big opportunity that will bring substantial returns. This has led to the rise of meme coins and the hope that their prices will skyrocket. However, investing in these volatile assets can be risky without a solid strategy. The
In a significant development, the United States House panel has approved two bills aimed at providing regulatory clarity for crypto firms in the country. The Financial Innovation and Technology for the 21st Century Act establishes rules for crypto firms to register with either the Commodity Futures Trading Commission or the Securities and Exchange Commission. The