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Bitcoin Dogs’s liquidity pool has officially gone live, allowing investors to earn daily rewards. $0DOG is up 15% in the last seven days, outperforming some major cryptocurrencies.

Bitcoin Dogs’ Liquidity Pool goes live Bitcoin Dogs announced on Wednesday, September 11th, that its Liquidity Pool has officially gone live. While announcing this in an X post, Bitcoin Dogs said this latest development allows investors to earn daily rewards and accumulate major gains.  The pool allows traders to make huge gains with a fantastic APY Rate. Bitcoin Dogs has a minimum Liquidity Pool size of 50,000 $0DOG tokens and offers a 405.56% APY. Furthermore, APY is paid daily, making it a very attractive venture to investors. Users will need 0DOG and WETH to join the Liquidity Pool. Read more about how to stake $0DOG here. What is Bitcoin Dogs? Bitcoin Dogs is a new project leveraging the growth of the Bitcoin blockchain to become a leading coin. According to the team, it is the first BRC-20 token ICO on the Bitcoin network and seeks to add another utility layer to the blockchain.  In their whitepaper, the team explained that the Bitcoin Dogs project is already incorporating the basic features of cryptocurrency, non-fungible tokens (NFTs), decentralized finance (DeFi), and Web3 culture to enable it to become a solid Bitcoin-based project.  The project raised $13 million during its public presale and has already earned a place on several crypto exchanges, including MEXC, Gate.io, Uniswap, Unisat, and others. $0DOG is also live on Coinmarketcap and DEXTools.  Following the launch of its Liquidity Pool, Bitcoin Dogs is already focusing on rolling out its numerous other products and services.  $0DOG rallies by 15% in seven days Bitcoin and other major cryptocurrencies recorded losses last week but are slowly recovering. Bitcoin Dogs is not left out, but it has been up considerably over the last seven days. $0DOG is up 15% during that period, outperforming Bitcoin, Ether, Solana, and other major cryptocurrencies. At press time, $0DOG is trading at $0.01182, up 3% in the last 24 hours.  Should you buy the Bitcoin Dogs token with this retracement? After reaching an all-time high of $0.01578 earlier this month, Bitcoin Dogs has lost 30% of its value since then. Should this be considered a good buying opportunity for this token? Historically, the best times to purchase a cryptocurrency are either during its presale or during a market correction. Investors believe that every dip is a buying opportunity, and this could be true for $0D0G. Down 30% from its all-time high, $0DOG could rally higher in the coming weeks and months as the broader crypto market maintains a critical level. In addition to its technical analysis, the team is working on launching other products after successfully unveiling its Liquidity Pool. The suite of products could boost $0D0G’s utility and result in its price soaring higher in the medium to long term. This could be an excellent opportunity for investors to purchase $0DOG before it lists on more centralised and decentralised cryptocurrency exchanges.

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UK’s new bill recognises Bitcoin and other digital assets as personal property. Under the new law, crypto owners will enjoy greater legal protection.

The UK parliament has introduced a new bill that clarifies digital assets ownership by recognizing Bitcoin and other crypto assets as personal property. The new draft law, the Property (Digital Assets etc) Bill, will offer legal protections to crypto holders. It was introduced in the UK parliament on September 11, 2024. “For the first time in British history, digital holdings including cryptocurrency, non-fungible tokens such as digital art, and carbon credits can be considered as personal property under the law,” the Ministry of Justice wrote in a press release published on Wednesday. The government also shared the news on X.

The UK has passed a new bill that will allow crypto and other digital assets to be recognised as personal property. That means owners of digital assets will gain legal protection against fraud and scams. Read more about it here ➡️ https://t.co/IQwPvWJXUk pic.twitter.com/LxhHUws4Qp — Ministry of Justice (@MoJGovUK) September 11, 2024

Legal protection for BItcoin, crypto holders The UK government believes this bill puts the country at the forefront of an emerging crypto market. Per the announcement, the goal is to protect Bitcoin and other digital assets holders under the law. Recognising these assets as personal property means individuals and companies will enjoy protection against fraud and scams. The justice system will also benefit by being able to handle cases arising from disputes on digital holdings, including in divorce cases. “Our world-leading legal services form a vital part of our economy, helping to drive forward growth and keep Britain at the heart of the international legal industry. It is essential that the law keeps pace with evolving technologies and this legislation will mean that the sector can maintain its position as a global leader in cryptoassets and bring clarity to complex property cases,” UK Justice Minister Heidi Alexander said. While the UK law recognizes “things in possession” such as gold and money, or “things in action” such as debt or shares, as property, there has been no classification of digital assets in this manner. As crypto falls into none of the two categories, the new law envisions a third category of “thing.” Crypto will now attract this consideration as asset with personal property rights.

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Cryptocurrency News UK