The ever-expanding next-generation decentralized NFT platform NEFTiPEDiA provides users with an extensive NFT ecosystem although celebrating digital currencies with digital art in a novel way. Furthermore, the NEFTiPEDiA promotes the growth of creators, digital artists, investors, and collectors from all ecosystems.
The president of El Salvador has announced the government will airdrop $30 worth of Bitcon (BTC) to every adult citizen of the country.
The announcement was welcomed by Bitcoiners, with influencers speculating El Salvador’s government wil need to purchase the required BTC it intends to distribute adding more than $100 million in buying pressure on markets.
Customers using the Bakkt app can now apply for a debit card which will enable them to pay with bitcoin at merchants that don’t currently take crypto. The virtual Visa card can be added to Apple Pay or Google Pay to purchase items at thousands of retailers supporting the mobile payment systems.
South American nation Paraguay is following El Salvador’s lead and is on track to make Bitcoin (BTC) a legal tender following the announcement of the proposal of a bill to support the move. The bill proposal was affirmed by a member of parliament, Carlitos Rejala, who shot into global fame in the past weeks. Paraguay could become the second country to embrace Bitcoin as legal tender after El Salvador.
The advent of blockchain technology and cryptocurrency has allowed millions of users across the world to achieve privacy, freedom, and stability. The idea of decentralization in the crypto space is to give users control over their funds, investments, and privacy without any interference from banks and third parties.
Oracle service provider Chainlink (LINK) has been under severe pressure with the altcoin market correction over the last month. The LINK cryptocurrency has corrected more than 60% now from its all-time high of $50 on May 10, 2021.
Ethereum’s forthcoming London upgrade, containing the highly-anticipated Ethereum Improvement Proposal (EIP) 1559, has been deployed on the Ropsten testnet.
Following the June 24 launch on Ropsten, London is now expected to progress through Ethereum’s Goerli, Rinkeby, and Kovan testnets at roughly weekly intervals — from which point the Ethereum community expects a date for mainnet deployment to firm up.
Bitcoin (BTC) continues to remain largely volatile as the cryptocurrency is up 5% today as of press time. From Thursday’s lows, the BTC price has recovered back to $34,500 levels. Several indicators point out that Bitcoin has been on the path of recovery, and it could be probably on the uptrend post this expiry on Friday, June 25.
Elon Musk has finally accepted Twitter CEO Jack Dorsey’s invite to discuss Bitcoin adoption and open-source development after early trolling. It all started with Jack Dorsey posting a link to ‘The ₿ Word,’ an initiative aimed and destigmatizing the mainstream narrative around Bitcoin and help institutions to understand how they can adopt it.
Dogecoin, the cryptocurrency created by software engineers Billy Markus and Jackson Palmer as a bit of fun has found itself caught between the whims of its famous followers - Elon Musk, Mark Cuban, Gene Simmons, Snoop Dogg - and financial professionals who have labeled the DOGE as little more than a Ponzi scheme.