• President Bukele eliminates all taxes on tech innovations
• Deloitte enters the Polkadot ecosystem to issue reusable digital credentials
• Crypto market recovers this week’s losses
President Bukele Eliminates All Taxes on Tech Innovations
President Bukele has announced that he is eliminating all taxes on technology-related innovations. This move is expected to bolster the development of new technologies and create a more conducive environment for innovation.
Deloitte Enters Polkadot Ecosystem to Issue Reusable Digital Credentials
Deloitte has recently entered the Polkadot ecosystem in order to issue reusable digital credentials. This will help streamline processes and reduce costs associated with issuing and managing certificates, making them more accessible for businesses and individuals alike.
Crypto Market Recovers Week’s Losses
The cryptocurrency market cap saw net inflows of $22.6 billion over the last 24 hours and currently stands at $1.20 trillion — up 1.9% from $1.18 trillion. Bitcoin (BTC) and Ethereum’s (ETH) market cap grew 2.2% and 2.4% to $566.16 billion and $230.14 billion, respectively, while Solana led the pack, up 3%. Meanwhile, Litecoin managed to stay in the green, having posted a 0.4% increase in value. The market cap of Tether (USDT) grew to $82.01 billion while USD Coin (USDC) fell to $30.18 billion and Binance USD (BUSD) dropped to $599 million respectively during this period of time as well..
Bitcoin Price Movement
In the last 24 hours, Bitcoin increased 2