June 12 Daily report: The Iconic “Doge” Meme Of Dogecoin, BTC Awaits a Breakout, Cardano Is Exploring A New Mechanism, Litecoin Could Ultimately Benefit From Bitcoin’s Success and DeFi app helps you access the liquidity

DeFi app

The Iconic “Doge” Meme Of Dogecoin Just Sold As An NFT For $4 Million In 2021, Dogecoin has received a lot of attention due to its spectacular price surge. “Doge,” the image of an excited Shiba Inu and the face of dogecoin, which has become one of the internet’s most famous memes, has sold for…

Bitcoin may soon be classified as a regulated ‘asset’ in India

Regulation for Bitcoin

According to a story in India’s local daily the New Indian Express this morning, lawmakers are considering classifying Bitcoin as an “asset” regulated by the Securities and Exchange Board of India (SEBI). Regulation for Bitcoin incoming? SEBI will be in charge of overseeing Bitcoin activities in India and classifying it as a valid, regulated ‘asset.’…

What are the Role Of NFT in Travel?

Role Of NFT in Travel

If you’ve spent more than a few minutes on the Internet in the last few weeks, you’ve probably heard about NFT, a new phrase that’s circulating in the computer world. Notably, the digital artist Beeple’s technology works sold for almost $ 70 million at the Christie’s Auction in March. But, exactly, what is an NFT,…

June 10 Daily report: Bitcoin and Ethereum transaction fees sink 95%, White House Top Tech Advisor Holds Millions in Bitcoin, Kraken Launches Kusama Parachain Auction Platform, Cardano to roll out smart-contract tools and OKCoin Integrates Polygon (MATIC)

Cryptocurrency Exchange integrates Polygon

Bitcoin and Ethereum transaction fees sink 95% from all-time highs Reduced network activity is resulting in lower fees for Bitcoin and Ethereum as both recede heavily from their all-time highs. The cost of using the Bitcoin and Ethereum blockchains is on the rapid decline, as evidenced by a 93%–95% reduction in average transaction fees over…

Solana Will Receive $450 Million in Funding in Order to Become The Rumoured “Ethereum Killer

Planned By Solana

If the $450 million investment round allegations are genuine, Solana, one of Ethereum’s main competitors, may have taken a huge step toward being the blockchain of choice for decentralized applications like Defi and NFTs. The Solana official did not confirm or deny the charges, but neither did he deny them either: “Our team did not…

Bitcoin: El Salvador is the First country to Recognise Cryptocurrency as Legal Tender

Cryptocurrency as legal tender

El Salvador’s Congress approved a law on June 9 that makes Bitcoin, the world’s largest cryptocurrency, legal tender in the country. The Central American nation has become the first to recognize Bitcoin as legal cash. Its legal tender status will be established in 90 days. The move came after President Nayib Bukele announced on June…