Top Crypto News

Not many changes have taken place in the cryptocurrency space this week. The “King Crypto” is in the red zone and currently trading at $47,399.63 (-1.14%). Ethereum on the other hand is trading at $3,725.99 (-1.72%).

Before we move on to today’s top crypto news, the entire cryptocurrency space currently has a market cap of $2,221,195,676,519 and a 24-hour trading volume of $88,521,288,200. Although the entire crypto space is currently trading in the red zone, the situation is not as bad as it looks. In fact, we are looking forward to a more bullish new year. This, in essence, means that it is a good time to keep ‘hodling’ your crypto assets.

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

1. Algorand (ALGO) Price Rally

First, Scalable blockchain platform Algorand native token $ALGO was among the top climbers today. And this sudden price surge can be traced to the recent introduction of liquidity rewards for its DeFi platform Algofi. According to reports, Algorand Foundation announced a $3million incentive program for its recently launched Algofi platform.

Thanks to the announcement, $ALGO token crossed its $1.60 resistance level. At the time of writing, the token was trading at $1.72.

2. Seedify Launch $10 Million Grant Program

Secondly, for today, Blockchain-based gaming incubator and launchpad platform Seedify has announced the launch of a $10 million grant. Above all, the grant fund will be directed at building the metaverse.

Interested artists, content creators, etc will now have access to financial grants and top-notch tech advice as they create their assets.

3. EnjinStarter | Kingdom Karnage Partnership

The world’s first-ever blockchain gaming launchpad EnjinStarter has entered into a strategic partnership with Kingdom Karnage. Kingdom Karnage is a well-known digital trading card game. Thanks to the partnership, interested persons will be able to compete, play, conquer, and explore the world of Player vs Player (PvP) in the blockchain gaming ecosystem.

Also, interested persons can create their 30-day card deck army.

4. NFTrade Joins The CryptoBlade Ecosystem

Decentralized cross-chain NFT platform NFTrade is now part of the CryptoBlade ecosystem. Now, NFTrade users can now trade their CryptoBlade NFTs for other CryptoBlade NFTs. They can also trade their NFTs for other projects NFTs on the NFTrade NFT store page. Therefore, facilitating more use cases and greater adoption for these NFTs in the NFT ecosystem.

5. Cartesi (CTSI) Rollups Alpha Mainnet Launch

Layer-2 platform Cartesi (CTSI) has released details of the alpha mainnet launch of its CTSI Rollups. This means that interested developers can now create their dapps using their preferred programming stacks and tools.

6. Official Mainnet Launch

The much-anticipated mainnet launch is finally live. Prior to the mainnet launch, the platform has undergone series of successful alpha testnet launches.

Following the mainnet launch, several other updates are expected on the ecosystem in the new year. Some of them include;

  • MELD Future coming on January 6, 2022
  • VIP Land – Jan 2022
  • Built-in Editor Release (Jan 2022)

Other upcoming updates include; top-notch brand partner lands, new exchange listing

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The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This article has been sponsored by Seedify and Cartesi. Copyright Altcoin Buzz Pte Ltd.


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