Bulls entered in the dip and made a daily BTC high of $39,840.73. At the time of press, Bitcoin is trading close to $33,570, and the second-largest cryptocurrency, Ethereum, is trading close to $1,150.
Let’s find out some interesting crypto news for today.
Stacks 2.0 Mainnet Launch Upgrades Blockchain, Stacking STX to Earn Bitcoin
The Stacks blockchain is now run by independent miners with the launch of the Stacks 2.0 mainnet. STX holders can now earn BTC rewards by stacking STX. These BTC rewards can also be used for funding new projects and creating value for holders.
RippleNet, Mobile Money, and bKash Partner To Launch Wallet-To-Wallet Remittance Solutions
Malaysia’s Mobile Money and Bangladesh’s bKash announced the integration of Ripple’s global payments network, RippleNet, for their wallet-to-wallet transactions. They will perform remittance settlements by using RippleNet.
Injective is Launching Swap and Stake Campaign by Hardware Wallet Backed by Binance
Injective, in collaboration with SafePal, the first hardware wallet backed by Binance, launched SafePal’s token – SFP. The token was issued on the Binance Smart Chain. By use of the SafePal wallet, users can swap and stake INJ to earn SFP tokens from now until January 31.
Gemini Exchange To Launch Cryptocurrency Credit Card With Bitcoin Cashback Rewards
The exchange led by the Winklevoss twins is now launching the Gemini credit card. The Gemini exchange users can now sign up for this rewards credit card. According to the tweet, users can earn up to 3% cashback in Bitcoin and other cryptocurrencies.
Ethereum on Way of Massive Bull Run Due to Shortage of ETH Reserves on Exchanges
Alex Saunders tweeted and said Ethereum demand has skyrocketed, due to which ETH reserves plunged down heavily. Adding to this, he said ETH holders are more than sellers as holders are unlikely to sell their crypto for $1,000 to $2,000 when long-range forecasts place ETH as high as $20,000. Saunders also predicts that Ether is due for a massive bull run into new all-time highs.
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