Market giant Bitcoin (BTC) managed to protect the 30 thousand dollar liquidity zone, which is promising for the coming weeks. The altcoin market also continues its sideways movement, but listing, partnership, integration, mainnet and a number of critical developments could accelerate the recovery process. In this article, let’s list the partnership and listing announcements planned for the coming days. You can reach the developments of the week from the list below.
Network metrics, announcements and partnerships of the week
Google Cloud Service has announced its plans to incorporate crypto payments into its platform. To keep their upcoming Blockchain-based services running smoothly, the platform has announced plans to launch a new crypto team. The team will be tasked with researching and providing the platform with world-class scalable, secure and sustainable infrastructure. Interestingly, the largest blockchain firms such as Theta Labs, Dapper Labs, Hedera have shown interest in joining Google Cloud. The incoming crypto money team will also support these companies.
Next up, Ethereum hash rate has recently surpassed the ATH level as the Ethereum PoS transition approaches. According to Glassnode, the hash rate surpassed the record high of 1.11 PH/s on January 27. The previous hash rate of 1.08 PH/s has been left behind. Interestingly, Blockchain has recently made significant changes to its upcoming PoS upgrade. For example, they are renewing the PoS upgrade from ETH 2.0 to “Consensus Layer”.
ETH-based scaling solution platform Polygon (MATIC) has passed an important milestone. According to reports, the decentralized scaling solution currently has more than 7,000 Dapps in its network. According to Alchemy, that number is at least twice the number of Dapps in Polygon as of October 2020. Interestingly, team building members at Polygon have doubled every 8 weeks since June last year. As of December 2020, project creation teams were at a record 6,000. This represents a 43% increase over November 2020. First of all, Polygon is preferred because of its numerous scaling solutions as well as low transaction fees.
The privacy-focused Blockchain Secret Network has announced the launch of Secret Oracles. Oracles are focused on facilitating unreliable randomness and world-class privacy. According to the report, oracles will be used in NFT, Blockchain gaming and other smart contract platforms.
Launchpad and accelerator game development platform GameStarter bring new improvements to Blockchain games. For example, the accelerator platform announced the move from play-win to a play-to-immerse ecosystem. According to the announcement, this move will bring next-level gaming experience not only to GameStarter but to the entire Blockchain gaming ecosystem.
According to Ripple company’s recently released Q4 report, Ripple’s XRP sales increased by 46% quarter-on-quarter. In particular, sales attributed to “On Demand Liquidity” (ODL) customers exceeded $1 billion in the fourth quarter. This underlines the growth of the company’s payment solution. Ripple says it continues to see more global demand for its ODL product, which currently has 20 payment markets. It also bought $321.97 million worth of XRP on the secondary market. Overall, Ripple sold for a total of $717 million in the fourth quarter, up from $491.74 million in the third quarter. The report also says that the global trade volume of XRP fell 11.8% (from $2.075 billion to $1.83 billion in the fourth quarter of 2021). Ripple sales accounted for 0.43% of the total trading volume in the previous quarter.
Floki Inu (FLOKI) recently announced via tweet that it has partnered with TechTree, the core education platform for crypto and DeFi. The announcement came when FLOKI promised its followers and owners that it would establish Floki University, which will act as one of the pillars of the thriving Floki Ecosystem in the near future, and the promise was fulfilled. At this event, Floki University Education Director Dr. Amanda Kavner made the following comments via tweet:
This partnership between Floki University and TechTree is another path that Floki Inu (FLOKI) gives back, because knowledge is the path to true power and freedom.
The number of Ethereum holders has reached the new ATH. The latest milestone for the leading altcoin project came after a disappointing week in the market. As the number of active investors in the crypto market continues to increase, so does the number of investors who are increasing their holdings over time. On-chain analytics firm Glassnode reported on Wednesday that the network had broken its previous record. The new number is currently located at 1,407,532 active addresses with at least 1 ETH in balance.
Polkadot’s (DOT) next parachain slot will go to Centrifuge, which brings real-world assets to the DeFi ecosystem. Protocol announced its auction victory in a blog post on Thursday. The team says all systems are working to bring its functionality to Polkadot. Centrifuge, a decentralized asset finance protocol, has won an auction for a parachain slot on Polkadot. Like other parachains in Polkadot’s second parachain auction group, it is expected to launch on March 11.
cryptocoin.com Following the McDonalds and Elon Musk tweets we quoted as, a restaurant called Willy-Yums announced that customers can now pay using Dogecoin (DOGE). Customers looking to purchase Willy-Yums hot dogs can scan the restaurant’s Dogecoin QR payment code from their wallet app. Restaurant owner Rob Williams says they turned to Dogecoin because of the hype around the cryptocurrency:
They call it public money. Cheap. It’s easy to get. It’s easy to share. Very simple.
AstroSwap, one of the new DEX platforms, is ready to be launched on the Cardano (ADA) Blockchain. Native token ASTRO is already available on major CEXs and DEXs. According to the official announcement shared by the AstroSwap team, mainnet operations have just begun. In addition to providing users with lightning-fast crypto exchange options, it is spearheading a Velas-based discount program.
According to data provided by CoinMarketCap, stablecoin-focused altcoin project Terra (LUNA) tumbled over 16% on Jan. In positive news, Terraform Labs co-founder Do Kwon recently tweeted that he is willing to subsidize the yield reserve to address investors’ concerns. He hinted that he was willing to inject up to $300 million, which could be a short-term solution.
NFT and metaverse news
The son of late Beatles legend John Lennon and his first wife Cynthia, Julian Lennon has immortalized some memorabilia from the band’s collection in the form of Polygon-based NFTs. According to a report released Jan. 25, Julian Lennon will sell several Beatles and John Lennon memorabilia as NFTs, while physical items will remain outside the auction block. The “Lennon Collection” consists of a series of NFTs featuring the clothes John Lennon wore during his time with the band, as well as handwritten notes on Paul McCartney’s song “Hey Jude.” The report also states that the collection is built on Polygon through a partnership with YellowHeart. YellowHeart said the decision to go with Polygon was due to the “more eco-friendly” layer 2 scaling solution.
Altcoin listing news
OKX, one of the crypto exchange giants, announced that it has listed WEMIX and LDN and DOTR on the spot market. 3 altcoin projects were added to the list today at 10.00 CEST. Buying and selling transactions are active as of 15.00. Withdrawals can be made tomorrow at 13.00 CEST.
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