Top 5 Crypto News: 02/01

Bitcoin is now trading at $33,798. Meanwhile, the second-largest cryptocurrency Ethereum is trading at $1,384.

Let’s find out some exciting crypto news for today.

Zilliqa | Poly Network Partnership To Launch Interoperability Bridge

Zilliqa collaborated with Poly Network to connect the Zilliqa chain with other chains. According to the tweet, with this interoperability bridge, the token holders and developers will pay lower transaction fees. Additionally, ZIL and ZRC-2 token holders will be able to use these assets on DeFi products built on top of their partner chains.

Chiliz | Coincheck Partnership To List NFTs in Coincheck’s NFT Marketplace

Chiliz partnered with Coincheck, a leading Japanese exchange, to list NFTs created for Chiliz fan voting and the rewards app on the exchange’s NFT Marketplace, which was launched in August 2020. Moreover, Coincheck already has 3 million application downloads and close to 2 million users.

Stratis Protocol Taps Investment From the World’s First Regulated Digital Asset Investment Funds, Alphabit

Stratis Protocol secures investment from digital currency fund Alphabit. According to the tweet, Alphabit which is one of the world’s first regulated digital asset investment funds, will focus on Stratis development by injecting a seven-figure amount over the next two years. Collectively, both will work to expand the use of blockchain in their day-to-day operations.

Ethereum Records a New High in Mining Revenue Worth $800 million

According to a report by The Block, Ethereum surpassed $800 million in mining revenue in the month of January 2021. Moreover, the previous record high revenue was seen in January 2018, which was close to $762 million.

After the DOGE Coin, Now Ripple Price Skyrocketed 100% Within 24 hours

After the DOGE coin price surge of 400% in just 24 hours, now XRP soars by 100%. This pump is fueled by a Telegram group, Buy & Hold XRP, and also a response from the Ripple team to SEC law suite.

At the time of writing, XRP was trading close to $0.377. Before that, it surged from $0.28 to a high of $0.733. It seems that WallStreetBets are now shifting its focus to Ripple. Last week, DOGE coin pumped when a Twitter account named WSBChairman tweeted “Has Doge ever been to a dollar?”

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