Daily Crypto News 16 June 2021

Bitcoin price hits $41K A breakout above $41,000 provoked selling near a key moving average but the move could just be a lower support retest. The overall mood of the cryptocurrency ecosystem is muted on June 15 with most altcoins trading flat while Bitcoin (BTC) bulls look for a daily close above $41,000 as a…

How do you see the possibility of allowing cryptocurrency for trade and commerce?

Apart from the investment interest in India, cryptocurrency is expected to see increased activity this year, with more avenues for its utility opening up, including banking services, trade, and remittances. Since March, when the Supreme Court allowed banks to deal with cryptocurrency exchanges, trading volumes have nearly quadrupled. The underlying technology for trade and commerce…

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

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

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?

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,…