Hey, Your Crypto Newsletter for August 07, 2021

[FeedBinary Newsletter]( You Might Like         [Learn more about RevenueStripe...]( [Ethereum’s London hard fork upgrade has been burning ether at a rate of around $8,900 a minute, data shows]( Ethereum’s London hard fork upgrade has been burning ether at a rate of around $8,900 a minute, data shows]( Ethereum’s London hard fork upgrade has been burning ether at a rate of around $8,900 a minute, data shows This week’s key upgrade to the ethereum network will increase demand for use of the blockchain, but it’s also triggered the much-anticipated burning of ether coins as part of the process, which should add to the bullish outlook for the token, according to data and market watchers on Friday. In the roughly 24 hours since the so-called “London hard fork” upgrade rolled out on Thursday, around 3.17 ether is burning every minute – worth roughly $8,900 based on the average price in that time – according to data from etherchain. The hard fork, one of a number of ethereum improvement proposals (EIP), was number EIP-1559 and it was this protocol that was designed to give the network the capacity to process more transactions. [Read More](   Sponsored products     [SEVEN COUNTRIES THAT ENCOURAGE AND WELCOME BITCOIN INVESTMENTS]( There are lots of benefits to investing in Bitcoin in these countries. It’s been more than a decade that Bitcoin started the cryptocurrency market and since then, it has maintained its position of being the largest crypto coin according to market cap. People who have invested in Bitcoin 10 years ago are now reaping the benefits of its price hike. This has encouraged many new and experienced investors to try their hand at cryptocurrency investments.  Cryptocurrencies are decentralized. This means there is no government or financial body to regulate the flow of crypto. Due to this, many countries restrict their citizens from buying cryptocurrencies. China has even indefinitely banned cryptocurrencies. How friendly a country is towards Bitcoins and altcoins depends on how many it regulates cryptocurrencies and how the taxes are imposed. In that perspective, here are the seven crypto-friendly countries.  1. Portugal  The Portuguese law is crypto-friendly. People who profit from Bitcoin investments are not taxed on capital gains. Additionally, the exchange of cryptocurrencies for other fiat currencies is also free of taxation. [Read More](   [BITFINEX NOW LETS EXCHANGE USERS DENOMINATE BITCOIN IN SATS]( Hong-Kong based Bitfinex has launched a new “SAT Mode” feature on its exchange platform. The announcement coincides with an expansion of features that enable Bitfinex users to denominate Bitcoin in its smallest unit of account, satoshis. The exchange also introduced “BIT Mode,” enabling clients to value deposits in bits, units of 100 satoshis. “The launch of SAT Mode on Satoshi is fitting for an exchange that is a pioneer in the space that never forgets the ethos from which bitcoin was originally invented,” Paolo Ardoino, CTO at Bitfinex said in a statement. [Read More]( You Might Like         [Learn more about RevenueStripe...]( Connect with FeedBinary on social media You received this email because you operate or create content for a website/service and based on your website it seemed like this could be important information to you and your users. This newsletter is managed by [Postbox Consultancy Services Pvt. Ltd](.C-4/5, IBD Emporia, Kolar Road, Bhopal, Madhya Pradesh, INDIA, 462042 [Unsubscribe](