Top Crypto News: 07/27

After making a daily high of $40,347, Bitcoin underwent a correction and is now trading at $38,469. If bulls would sustain the price above $35,500, then BTC/USDT pair could rally towards the next resistance zone at $42,500. Meanwhile, the second-largest cryptocurrency Ethereum is trading close to $2,306.

Let’s find out some interesting top crypto news stories for the day.

1- Yahoo! Japan | Line Collaboration to Launch NFT Trading

The Japanese web firm Yahoo! Japan has collaborated with messaging giant Line to launch NFT trading. As per the announcement, Line’s crypto-focused subsidiary LVC Corporation has partnered with Yahoo! Japan. This coalition would facilitate the secondary trading of NFTs issued on Line’s proprietary blockchain.

In addition, Line’s blockchain-based NFTs can participate in Yahoo’s online auction service named Yahoo! Auctions. Further, the team has also integrated Line Bitmax wallet with Yahoo! Auctions to enable NFT trading. This will help users to trade NFTs on Yahoo! Auctions through the Line Bitmax wallet directly. Additionally, the team has plans to start NFT trading on Yahoo! Auction later this year.

2- Enjin | iTrustCapital Integration to Facilitate ENJ in Crypto IRA / 401k Retirement Accounts

Enjin has integrated with iTrustCapital to be available in crypto IRA / 401k retirement accounts. iTrustCapital is the leading digital asset IRA trading platform that allows investors to buy and trade cryptocurrencies and physical gold through their retirement accounts.

Enjin is a social gaming platform where users can design websites, chat, and host virtual item stores. Recently Enjin launched Efinity, which is a substrate-based (Polkadot) blockchain. This will allow the Enjin network to scale and handle thousands of transactions at low costs. Hence, this facility to get Enjin through crypto IRA / 401k retirement accounts would increase its adoption and entice more users.

Additionally, Enjin has also launched a Giveaway of $250 worth of ENJ tokens. Users can participate in this contest by following the Enjin Twitter handle. In addition, the user has to like and retweet the Giveaway news by tagging their friends. The team will select 5 participants to give $50 ENJ tokens each. The winners will be selected randomly on 30th July 2021.

3- OpenOcean Launched OOE Staking Pool on Ethereum Network

OpenOcean has declared to launch an OOE staking pool on OpenOcean Ethereum. As per the tweet, users can stake OOE to earn OOE tokens. The team has allocated 100,000 OOE tokens as rewards, which are calculated and distributed per block.

OpenOcean is a leading full aggregator that gives access to crypto trading and pools liquidity for both DeFi and CeFi. Notably, this staking will go live today at 2 am UTC and end on 26th August at 2 am UTC.

To participate in this staking, users can connect their wallets to the Ethereum network simply by clicking the Vault option. Further, users can stake their OOE tokens to receive rewards. Impressively, this staking does not have any locking period; hence the user can unstake any time.


4 – CoinMarketCap | Cannumo Collaboration for CANU Airdrop

In the last bit of crypto news for today, we have Cannumo announcing its CANU token airdrop. Moreover, Cannumo is a platform that provides a solution to the users of the cannabis industry.

Notably, this airdrop starts on August 2, 2021, and ends on August 10, 2021. The team has allocated $30,000 worth of CANU tokens for this airdrop. Users can participate in this airdrop by following some simple steps. More details regarding this airdrop can be found here.

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