After making an all-time high of $41,940 on January 8, 2021, Bitcoin price underwent a sharp correction yesterday. This jolted the price of altcoins as well. However, Bitcoin price recovered fast, and at the time of press, Bitcoin is trading around $35k. Meanwhile, altcoins are also recovering.
Let’s find out some interesting crypto news for today:
Crypto.com To Offer Exclusive Travel Discounts With Booking.com Partnership
Crypto.com partners with Booking.com to give lucrative travel discounts to its users. Moreover, users can now enjoy up to 25% off on Booking.com, which has over 28 million accommodation listings.
TomoChain | Paid Network Partner To Solve Complex Issues of Legal Contracts
The Paid Network announced a partnership with TomoChainANN. Furthermore, this will benefit businesses and individuals executing PAID SMART Agreements on the PAID Network. Moreover, the users can enjoy fast and secure transaction processing at a lower cost on the high-performance TomoChain.
Grayscale’s Total Assets Under Management Exceeds $24.5Bn
Grayscale updated their net assets, holdings, and market value per share for their investment products, which is total AUM: $24.5 billion (1 AUM equals $0.015584).
Ferrum Network Unveils Its Self-Sustainable Locked Liquidity Protocol and Platform
Ferrum Network introduced Evolution Finance. According to the press release, this is a self-sustainable locked liquidity protocol and lending/borrowing platform. Furthermore, they also announced that Polkacover is working with FerrumNetwork for DeFi staking.
PayPal’s Crypto Volume Doubled With $242 Million Worth of Digital Assets
Alex Saunders tweeted and said global payments provider PayPal’s crypto volume has doubled its previous record, with $242 million worth of digital assets. Moreover, these are likely signs of increasing adoption among retail traders.
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