2024-03-14

March 14, 2024

Howdy folks,

🎉 Big day for Ethereum as the Dencun upgrade hits the mainnet, thrusting us into a future where high fees feel like a bad dream.

Layer 2 fees plummeted, making transactions two to ten times cheaper. For example, Starknet users are now paying pennies for transactions that used to cost around $2.

In other news:

🌴 El Salvador's Bitcoin move is paying off big time, with their BTC stash surging by 70%! Also, President Bukele is rolling out the red carpet for crypto with zero income tax on international investments and a promising Bitcoin-powered economy.

Is El Salvador becoming a tropical paradise where your Bitcoin can finance a full lifestyle by the beach? 🏖️

🇳🇬 In Nigeria, Binance has been having a real showdown with the government over user data and a hefty fine for weeks. And while it seems they reached an agreement yesterday, the two executives who traveled to Nigeria to smooth things over are still “guests of the state“ ⛓.

Binance is still on a mission with the Nigerian government to bring them back home.

📱 And the Bitcoin community is pushing for an official Bitcoin emoji!

With over 20 leading crypto organizations supporting it, it's more than just a campaign; it's a big effort to reach mainstream recognition.

In a world where emojis rule our chats, Bitcoin's very own is definitely an interesting move 👾.

DailyCoin Daily Meme

Not anymore! (At least for L2s)

Here’s What the Ethereum Dencun Upgrade Changes; What’s up Next for Eth?

Explore how the Dencun upgrade has altered the Ethereum network to achieve the heralded outcomes and what's next for the blockchain. Read more on DailyCoin.

NFTs Do Not Need Separate Laws, Existing Copyright Framework Sufficient: US Government Study

Do NFTs need separate copyright laws? a new US government study concludes it might not be the right time for new laws. Read more.

Unprecedented Bitcoin Success Liquidates $4.3B Market-Wide as Long Positions Bear the Brunt of the Market Volatility

Bitcoin has soared 20% in March, but over $1.2 billion has been liquidated. Is sentiment shifting? Read about the volatile market on DailyCoin.

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DISCLAIMER: The content provided does not constitute financial advice. This newsletter is purely educational and should not be considered as investment advice or a recommendation to buy or sell any assets or make any financial decisions. Please exercise caution and do your own research.

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