Yesterday week, the crypto market capitalization is estimated as 2.6 trillion USD and bitcoin taproot network is also updated on last week,
Capital inflow into bitcoin projects peak
Money that has been pouring into Bitcoin funds and products has hit a new all-time high of $9 billion this year and totaled a sum of $151 million last week in the thirteenth consecutive week of inflows.
Square Reveals DEX Whitepaper
Twitter founder Jack Dorsey’s other venture - Square, finally revealed an 18-page whitepaper on a “decentralized exchange for Bitcoin” idea he had previously mentioned.
Called the tbDEX protocol, the whitepaper proposes a protocol that facilitates decentralized networks of exchange between assets by providing a framework for establishing social trust, utilizing decentralized identity (DID) and verifiable credentials (VCs) to establish.
Bitcoin rewards on shopping
Bitcoin rewards are being offered by UK retailers under a loyalty programme. The leading retailers in the UK are reportedly planning to offer Bitcoin cashbacks through a brand new loyalty programme by next year. The service is expected to be rolled out by the fintech firm Mode, where consumers can earn rewards in crypto of up to 10 per cent when they shop online at the specified participating stores.
Regulations on crypto just months away in India
The Indian Government is reportedly planning to introduce a new legal framework around crypto by early next year with clarifications on usage, treatment of crypto as well as income tax and GST implications to be detailed.
Source: Economictimes.com
Thus the Crypto Market is expanding its boundaries day by day and now many cryptopreneurs out there are willing to start their own Crypto Business, Now NFT Market is just going ahead the crypto market and of course, its smart to kick start your own NFT Business with NFT Development Company like Bitdeal. NFT is a vast domain, so one can start their NFT Gaming Platform, Art platform, music platform,etc,