Top Crypto News 1-20

This new week has brought very few changes to the entire cryptocurrency space, with a lot of sideways trading in the market.

As part of today’s crypto news, Bitcoin is currently trading at $41,903 with a 24-hour price gain of 0.6%. Ethereum, on the other hand, is trading at $3,105 (-0.4% over the last 24-hours). Above all, the entire crypto space also has a market cap of $2,087,967,645,463 with a 24-hour trading volume of $87,390,227,842.

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

1. Moonwell To Launch On The Moonbeam Network

First, Open lending, borrowing, and DeFi protocol Moonwell is set to go live on the Moonbeam Network. In fact, Moonwell is focused on creating workable solutions to the problems facing the fast-rising DeFi space. Some of these issues include

  • Poor security
  • Low community engagement
  • Sub-par user experience (UX)
  • Lack of education, etc.

Moonwell will launch both on Moonriver (Moonwell Apollo) and on Moonbeam (Moonwell Artemis).

2. Opera Launches Web 3 Browser

Second, the popular browser Opera has shown an increasing interest in the blockchain and cryptocurrency space. In line with this, the browser company has announced the beta launch of its “Crypto Browser Project”. Interestingly, the recently launched browser project is equipped with Web 3.0 features. With the new browser, interested persons will enjoy top-notch interoperability between apps that are compatible with the Opera wallet.

For now, Opera wallet currently only supports ETH-based dapps. However, plans are in place to incorporate both Polygon and Solana compatibility soon. Also, The beta version of the Web 3 browser is currently available for Mobile phones, Mac devices, and PC.

3. Theta Network Recent Price Rally

Third today, Theta Network is making waves in the crypto space in recent times. The decentralized video delivery platform is showing great potential in being one of the most profitable cryptos to hold in 2022.

The platform has disclosed details of several upcoming updates in 2022. Some of these updates include;

  • Its upcoming NFT marketplace
  • Also, ThetaDrop slated for February 1, 2021.
  • Lastly, protocols like Meter Passport and ThetaBridge launch.

4. FEAR | Uno Re Partnership

Fourth, Play-to-Earn (P2E) game FEAR has announced a strategic partnership with Uno Re. Uno Re is the world’s first-ever decentralized trading insurance and reinsurance platform. In fact, Uno Re will help insure and secure the P2E gaming platform NFTs from hacks, etc.

5. Sin City Metaverse Staking V2 Launch

And last, Virtual metaverse with a Play-to-Earn (P2E) gaming strategy Sin City Metaverse has launched its V2 staking. And the launch took place today January 19, 2021, at exactly 9 pm (UTC).

Now, the reward pool for the staking is 2 million SIN tokens. In fact, there’s a lock-up period of 75days and a land sale whitelist minimum stake of 5,000 tokens.

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