Japan’s ruling Liberal Democratic Party (LDP) has proposed reducing the country’s crypto tax rates, signaling a shift in regulatory approach.On March 6, Akihisa Shiozaki, a member of Japan’s House of Representatives, shared details of the proposal on X, noting that it is open for public feedback until March 30. The initiative seeks to redefine cryptocurrencies as a new asset class under the Financial Instruments and Exchange Act.According to Shiozaki’s X post:“[The proposal] positions crypto assets as a new asset class distinct from securities under the Financial Instruments and Exchange Act, aiming to promote market development, protect investors, and implement separate…
Author: cryphedge
The crypto market is moving fast, and only the strongest projects are standing out. Some tokens have been tumbling, while others are catching fire with surging adoption and real-world utility. AAVE has been on a rollercoaster, bouncing back from a correction as it attempts to break out from a descending wedge pattern. With the Aavenomics proposal aiming to reshape its tokenomics and improve staking rewards, AAVE is positioning itself for a potential rebound. Meanwhile, Injective (INJ) has been seeing wild price swings, recently crashing below $12 before bouncing back. The MACD turning bearish suggests more downside could be coming, but…
The crypto world has always had a soft spot for meme coins. From Dogecoin’s Elon Musk-fueled rallies to Shiba Inu’s “Dogecoin killer” ambitions, these tokens have captured the imagination of retail investors looking for quick gains.But as the market matures, a growing number of investors are shifting their focus to projects with real utility and long-term potential as BinoFi.It’s the first hybrid crypto exchange token that’s quietly winning over investors tired of the meme coin rollercoaster. Currently at a $0.02 presale price, with innovative features and a clear vision, BinoFi presents itself as a serious alternative to the speculative madness of…
In the last 24 hours, Shiba Inu (SHIB) has experienced a modest rebound, rising by 2.09% to its current level of $0.00001344. This gain suggests that, in the short term, buyers are stepping in to take advantage of lower prices, likely driven by a temporary bullish sentiment. However, over the past 30 days, SHIB’s price has dropped by 14.42%, indicating that the token is still under long-term bearish pressure. SHIB Price Analysis Volume analysis is crucial in this context. A surge in trading volume often confirms that the recent price increase is backed by genuine buying interest. In SHIB’s case,…
March is bringing in big money for the entire cryptocurrency market. Several assets were seen back in action trying to pocket lost gains over the past couple of days. While Donald Trump’s crypto-centric announcements have been making big rounds, the community is waiting for more to come. The Dogecoin (DOGE) market in particular has big hopes. Will the meme coin stay afloat until then?Also Read: The U.S. Dollar is Losing Luster: Reuters PollDogecoin Surges By 6%Source: Watcher GuruLeaving behind a rather negative month of February, the OG meme cryptocurrency was seen starting fresh. Despite a rocky start to March, the…
Along with the top cryptocurrencies, Solana is also making a bullish comeback. The sixth-biggest cryptocurrency has surpassed the $150 psychological mark and is aiming for a massive bull run. Despite the death cross event, the short-term recovery signals a bullish comeback to $160. Will this rising bullish momentum drive SOL prices back to the $200 mark? Let’s find out. Solana Back in the Game: SOL Prices Cross $150 In the daily chart, the SOL price trend reveals a bullish candle with an intraday recovery of 3.60%. Currently, SOL is trading at $151.58, marking its third consecutive bullish day. The low…
Solv Protocol has partnered with Soneium for BTC staking on Ethereum L2. Following the partnership, SolvBTC holders can stake, earn rewards, and use advanced yield strategies. Soneium’s $45M TVL and 47M transactions boost DeFi growth with Solv. The world of decentralized finance continues to evolve, and a new partnership between Solv Protocol and Soneium is pushing the boundaries of what Bitcoin can achieve. Announced on March 6, 2025, this collaboration brings Bitcoin staking to Soneium, an Ethereum layer 2 blockchain supported by Japan’s Sony Group. By integrating these two platforms, users can now explore fresh opportunities to earn rewards and…
As Bitcoin marks recovery to the $92,000 mark, Ethereum crossed the $2300 mark. Currently, it has registered a 2% surge in the past 24 hours, with a 24-hour high at $2320. Currently, it is trading at $2297, marking its third consecutive positive day. Will this recovery result in an ETH price surge to the $2700 mark? Let’s find out. Ethereum Surpasses $2,300 In the daily chart, the Ethereum price trend reveals a falling channel pattern. Currently, the ETH price trend marks a significant bullish reversal to bounce back within the falling channel pattern. This undermines the breakdown of the bearish…
As the crypto market witnessed a short breeze of recovery, Bitcoin reached a 24-hour high of $92,790. Currently, BTC trades at a market price of $91,141, marking its third positive day. The bullish turnaround is driving the crypto market sentiment, ending at a bullish trend. Will this recovery rally result in a price surge to $100,000? Let’s find out. Bitcoin Price Analysis In the daily chart, the BTC price trend showcases a triple white soldier pattern. This comes with three consecutive green candles as Bitcoin bounces off from the 86,000 mark. The BTC price trend has completed a morning star…
The cryptocurrency summit is inching closer, ushering in a wave of excitement and change for the crypto investors to bask and enjoy in. The entire cryptocurrency industry is looking forward to exploring the new announcements and unveilings that may take place post the summit, which will be attended by the cryptocurrency domain’s best and brightest individuals. At the same time, the new announcements may also influence the trifecta, notably Ripple (XRP), Cardano (ADA), and Solana (SOL), helping them score new highs in the process.Also Read: Ripple’s Kangaroo Phase Analysis: XRP Is Targeting $13, Here’s HowAI Forecasts Do Three Leading Crypto…
