Author: Ronaldo Markue

TronDAO, the decentralized organization behind the creation of the TRON blockchain, expects that the latter will bring particularly large revenues in 2022, with forecasts that its revenue will surpass $1. 65 billion in fees ahead. This is an indication that the Zacks & Companies recommendation on fees of 65 billion is coming in the future. Though the forecast seems so lofty, its founder, Justin Sun, has only reluctantly spoken about it lately, which has boosted the morale again as well as the desire to know more about Tron and its future. TronDAO, a crypto analytics platform called TokenTerminal, pointed at…

The Bitcoin price had a relatively quiet weekend, hovering around $66,000 again after the cryptocurrency has experienced these ebbs in recent weeks. Nearly all crypto assets declined by double digits this week, with BNB and NEAR being the worst performers, while UNI and TON were somewhat an exception. Bitcoin had a volatile week Bitcoin had a rather uneventful weekend around the $69,500 area before a Monday surge above $70k, only to experience a decline of $4k shortly after it. Bitcoin’s fluctuation occurred while waiting for the US CPI and FOMC meeting; increasing inflation contributed to the BTC price rise to…

Cardano is ranked 8th in the crypto industry, and its treasury is preparing for community management with upgrades that are set to happen, illustrating a stronger network accompanied by increasing reserves. Cardano is poised for a historic shift: replacing its $681. ‘To Dec’ from 9 million treasury to community control – an important step of decentralization and shift to community governance, as pointed out by TapTools. The data snapshot by TapTools shows that Cardano only has a treasury that has ADA tokens amounting to $681. 9 million, indicating that it is not just another protocol that hosts various other cryptocurrencies.…

For most transactions, base TVL is at the top of the Ethereum Layer 2 lists, and for consecutive months, it has been the most profitable Ethereum booster. Almost $8 billion money has been stored in the Ethereum layer 2 network Base and that happens right after the popularity of Base’s OP Mainnet. Based on data from L2Beat, $8.05 billion resides in Base, $2.14 billion is from Ethereum, and $5.92 billion originates within Base. Source: L2BEAT After the support of Coinbase, the chain became bigger than OP Mainnet last week in the Superchain system. Only after Arbitrum One is it currently…

The plan got official approval on June 7th, but the idea was first brought up in March. More than 75% of the individuals voted in favor of this proposal. The team behind the rollup-based layer-2 network Arbitrum, called the Arbitrim Foundation promised that it will help the gaming industry boost its network. A total of 225 million Arbitrum (ARB) tokens worth $215 million have been put aside in the plan for be given over three years through the newly established Gaming Catalyst Program (GCP). The goal of the program is to make more developers of the game and players who…

A sudden drop hit the crypto market yesterday, and traders anticipate it as a shakeout before the bullish momentum. The United States employment data crossed the expected line on June 7, resulting in the bleed of most of the coins, including Bitcoin, Ethereum, and other altcoins. The sudden deep correction experienced by the crypto market is considered a pause in the continuation of the bullish run. “Strong sell-off into support. Alts suffered more,”  il Capo of Crypto posted on X while talking to his followers. They further explained it by stating, “looks like a shakeout.” It usually happens when a…

Avalanche and Solana are the most credible competitors in the crypto market, with almost similar blockchain in user experience, low fee structure, and fast transaction rate. Both of the coins were launched in 2020 and successfully created their space in the crypto market. However, the question still arises of which coin to choose for better profit in the future. Before getting the answer, let‘s just quickly make a comparison of both coins. Avalanche The Avalanche’s first mainnet went live in September 2020, based on a highly scalable blockchain that accepts smart contracts. One of Avalanche’s standout features is its support…

XRP, the cryptocurrency of Ripple Labs, features in the headlines as its price crosses $0.52. This upward trend can be considered significant, especially given the increased activity of whales, which is causing excitement among crypto investors. Analyzing Ripple’s Transactions: A Deep Dive into the 80 Million XRP Transfer The ‘whales,’ or those with large holdings of XRP, transferred approximately 80 million of the tokens to exchanges, thereby bringing focus on the Ripple-backed token and propelling it to the list of top 10 cryptocurrencies by market cap. As the legal dispute ensues with the United States SEC, XRP continues to be…

In a previous Lawsuit Battle between the Australian federal court and Block Earner, the Court found it guilty over unlicensed crypto yield-bearing products. The court decided a $40,000 fine, 3 times its illegal earnings, but unexpectedly, the Court stopped him from paying the penalty. The Australian Federal Court softened its heart for the Fintech firm Block Earner after finding it guilty of illegally offering crypto-yield products and waiving its penalty. Justice Ian Jackman provided remarks on June 4 that Block Earner acted honestly at the time of launching yield earning. It tried to get the license but its research and…

US Senator Ted Cruz has always supported crypto. Earlier yesterday, he tweeted that he had purchased three Bitcoin miners and had begun work in Iraan, Texas. He shares the news on X and says, “I’m proud to join the ranks of Texas Bitcoin Miners,” furthermore, including a picture of the mining setup. Marathon Digital CEO Fred Thiel appreciates the profits of Cruzs, which the Bitcoin mining community improves daily. Thus,  Spotlight is a big part of upgrading network security. Texas Openly Helps Bitcoin Mining Many US states restrict Bitcoin mining, but Texas has accepted this. The state’s business, friendly laws,…