The world’s foremost cryptocurrency Bitcoin bypasses ‘sub-$30,000 liquidity grab’ showing that we could expect better price action in coming weeks. While the ‘King Crypto’ might still retrace its steps, analysts are optimistic about its current price action trends.
As part of today’s top crypto news, Bitcoin is currently trading at $36,925 and is down by 9.3% in the last 7 days. Ethereum, on the other hand, is trading at $2,430 and is down by -19.4% in the last 7 days.
Meanwhile, the ETH hashrate has a new all-time high (ATH) and Secret Network’s Secret Oracle launch are some of today’s top crypto news.
Let’s find out some interesting crypto news for today.
Google Cloud Service has disclosed plans to incorporate crypto payments on its platform. In fact, to ensure the smooth running of its upcoming blockchain-based services, the platform has disclosed plans to launch a new Digital Asset team.
The team will be tasked with researching and providing the platform with top-notch scalable, secure, and sustainable infrastructure.
Interestingly, top blockchain firms like Theta Labs, Dapper Labs, Hedera, have shown interest in building on Google Cloud. And the incoming Digital asset team will also provide support for these companies.
We're launching a new, dedicated Digital Asset Team to help underpin the #blockchain ecosystems of tomorrow. Whether you're implementing blockchain strategies or blockchain-native, you can rely on our scalable, secure and sustainable infrastructure ↓ https://t.co/YirBzA0sPe
— Google Cloud (@googlecloud) January 27, 2022
Next, the Ethereum hashrate recently crossed a new all-time high as Ethereum PoS migration draws closer. According to Glassnode, the hashrate crossed record levels of 1.11 PH/s on January 27. Surpassing its previous hashrate of 1.08 PH/s.
Interestingly, the blockchain recently made significant changes to its upcoming PoS upgrade. For instance, they are revamping the PoS upgrade from ETH 2.0 to “Consensus Layer”.
We've removed all uses of 'Eth2' terminology on https://t.co/v9gxnMUQFz
Find out why 👇 https://t.co/84uJXSD4q1
— ethereum.org (@ethdotorg) January 24, 2022
ETH-based scaling solution platform Polygon has crossed a major milestone. According to reports, the decentralized scaling solution currently has over 7,000 dapps on its network. According to Alchemy, this number is at least twice the number of dapps on Polygon as of October 2020.
Interestingly, team building members on Polygon doubled every 8 weeks since June last year. As of December 2020, project building teams were at a record 6,000. And that is a remarkable 43% increase from November 2020.
Above all, Polygon (formerly Matic) is much loved for its myriad of scaling solutions as well as its low transaction fees.
— Polygon | $MATIC 💜 (@0xPolygon) January 27, 2022
Privacy-focused blockchain Secret Network has announced the launch of its Secret Oracles. Above all, the oracles are focused on facilitating trustless randomness and top-notch privacy. In fact, per reports, the oracles will be put to use on NFT, blockchain gaming, and other smart contract platforms.
Secret Oracles are launching on Secret Network🚀
✅Usable with loot, card shuffling, dice rolling, NFTs, etc.
✅Cheap to use
🕗 Callable via IBC
— 𝕊ecret Network – Shockwave is Here ⚡🌊 (@SecretNetwork) January 27, 2022
Launchpad and accelerator game development platform GameStarter brings new improvements to blockchain gaming. For instance, the accelerator platform has announced a move from Play-to-Earn to a Play-to-Immerse ecosystem.
According to the announcement, this move will usher in next-level gaming to not just GameStarter but to the entire blockchain gaming ecosystem.
— Gamestarter (@gamestarter_co) January 27, 2022
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