{"id":8903,"date":"2021-06-29T06:14:04","date_gmt":"2021-06-29T06:14:04","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/?p=8903"},"modified":"2021-06-29T06:14:04","modified_gmt":"2021-06-29T06:14:04","slug":"daily-crypto-news-june-29-2021","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/daily-crypto-news-june-29-2021\/","title":{"rendered":"Daily crypto news June 29 2021 Ankr\u2019s StakeFi launches Avalanche (AVAX) Staking and Bonds"},"content":{"rendered":"<ul>\n<li>\n<h3><b>Bitcoin Stuck Near $35K, What Could Trigger A Strong Rally<\/b><\/h3>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/trade.buyucoin.com\/direct-buy-sell-bitcoin?market=btc-inr\"><span style=\"font-weight: 400\">Bitcoin<\/span><\/a><span style=\"font-weight: 400\"> price climbed higher and it settled above the $34,000 level against the US Dollar. BTC is likely to continue higher if it settles above $35,000 in the near term. The pair is likely to rally above $35,000 unless there is a clear break below the trend line support. Bitcoin remained well bid above the main $30,000 support zone.\u00a0<\/span><\/p>\n<p><b><\/b><\/p>\n<ul>\n<li>\n<h3><b>Ankr\u2019s StakeFi launches Avalanche (AVAX) Staking and Bonds<\/b><\/h3>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">Following the launch of ETH2 Internet Bonds a few months ago, StakeFi, Ankr\u2019s Internet Bond launchpad, has announced the launch of the Avalanche Bond (aAVAXb), wrapped under an ERC-20 token. StakeFi will enable any user holding AVAX tokens on the Avalanche network to stake and receive the AVAX Internet Bond (aAVAXb) in exchange.<\/span><\/p>\n<p><b><\/b><\/p>\n<ul>\n<li>\n<h3><b>Dogecoin (DOGE) developer proposes 50x reduction in fees, wins Elon Musk approval<\/b><\/h3>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">Devs want reduced fees to encourage more free-flowing transactions and the outflow of <\/span><a href=\"https:\/\/trade.buyucoin.com\/direct-buy-sell-dogecoin?market=doge-inr\"><span style=\"font-weight: 400\">DOGE<\/span><\/a><span style=\"font-weight: 400\"> from exchanges. Tesla CEO Elon Musk, the unofficial \u201cDogeFather,\u201d has signalled his approval by saying it\u2019s \u201cimportant to support\u201d these plans. Social media comments have also, on the whole, voiced a resounding approval of the proposal.<\/span><\/p>\n<p><b><\/b><\/p>\n<ul>\n<li>\n<h3><b>Why Ethereum Price Could Pass Bitcoin Sooner Than We Think<\/b><\/h3>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">Bitcoin still remains much higher in terms of price. But in terms of gains, <\/span><a href=\"https:\/\/trade.buyucoin.com\/direct-buy-sell-ethereum?market=eth-inr\"><span style=\"font-weight: 400\">Ethereum<\/span><\/a><span style=\"font-weight: 400\"> has surpassed bitcoin gains. Bitcoin rose 245% in one year. While Ethereum rose 730% in the same time period. Almost thrice the gains of Bitcoin. This has led to investors wanting to put more money in Ethereum.<\/span><\/p>\n<p><b><\/b><\/p>\n<ul>\n<li>\n<h3><b>Filecoin Now Has Its Own Stablecoin<\/b><\/h3>\n<\/li>\n<\/ul>\n<p><b><\/b><br \/>\n<span style=\"font-weight: 400\">ICHI, a protocol for creating \u201cdecentralized money authorities,\u201d has launched a new stable coin for the <\/span><a href=\"https:\/\/trade.buyucoin.com\/direct-buy-sell-filecoin?market=fil-inr\"><span style=\"font-weight: 400\">Filecoin<\/span><\/a><span style=\"font-weight: 400\"> network called &#8220;one FIL.&#8221; Filecoin has a new stable coin to use for payments on its network called one FIL. oneFIL is backed by <\/span><a href=\"https:\/\/trade.buyucoin.com\/direct-buy-sell-usd-coin?market=usdc-inr\"><span style=\"font-weight: 400\">USDC<\/span><\/a><span style=\"font-weight: 400\"> and Filecoin&#8217;s native coin, FIL.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin Stuck Near $35K, What Could Trigger A Strong Rally &nbsp; Bitcoin price climbed higher and it settled above the $34,000 level against the US Dollar. BTC is likely to continue higher if it settles above $35,000 in the near term. The pair is likely to rally above $35,000 unless there is a clear break&hellip;<\/p>\n","protected":false},"author":11,"featured_media":8906,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[1133,1134,945,1135,110],"class_list":["post-8903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-crypto-news","tag-ankrs-stakefi-launches-avalanche","tag-bitcoin-stuck-near-35k","tag-daily-report","tag-dogecoin-doge-developer","tag-ethereum-price"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/8903"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=8903"}],"version-history":[{"count":1,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/8903\/revisions"}],"predecessor-version":[{"id":8905,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/8903\/revisions\/8905"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/8906"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=8903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=8903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=8903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}