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Top 5 Crypto News: 01/12 – Cryptocurrency News

Top 5 Crypto news: 01/12

After making an all-time high of $41,940 on 8 January 2021, Bitcoin price underwent a sharp correction yesterday. This jolted the altcoins price as well. However, the Bitcoin price recovered fast and at the time of press Bitcoin is trading around $35k, and altcoins are also recovering.

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

Crypto.com to Offer Exclusive Travel Discounts with Booking.com Partnership 

Crypto.com partners with booking.com to give lucrative travel discounts to its users. Moreover, the users now enjoy up to 25% off on Booking.com which has over 28M+ accommodation listings.

TomoChain | Paid Network Partner to Solve Complex Issues of Legal Contracts

The Paid Network announced a partnership with TomoChainANN. Furthermore, this will benefit businesses and individuals executing PAID SMART Agreements on the PAID Network. Moreover, the users can enjoy fast and secure transaction processing at a lower cost on the high-performance TomoChain.

Grayscales Total Assets Under Management Exceeds $24.5Bn 

Grayscale updated their Net Assets, Holdings, and market value per share for their Investment Products, which is Total AUM: $24.5 billion.

Ferrum Network Unveils its self-sustainable locked liquidity protocol and platform

Ferrum Network introduced Evolution Finance. According to the press release, this is a self-sustainable locked liquidity protocol, and lending/borrowing platform. Furthermore, they also announced that Polkacover is working with FerrumNetwork for Defi staking.

PayPal’s crypto volume doubled with $242 million worth of digital assets

Alex Saunders tweeted and said global payments provider PayPal’s crypto volume has doubled its previous record, with $242 million worth of digital assets. Moreover, these are likely signs of increasing adoption among retail traders.

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