📈 30 Second Cryptocurrency Price Summary
Current Bitcoin Price: $41,771
Bitcoin price appears to have found significant support in the $40,000 to $41,000 range, as price bounces back strongly on a retest of $40,000.
Top-20 altcoins are still somewhat sliding, as Ethereum falls 2%, BNB also drops 2% and Solana suffers a 4% slide.
Top Stories for January 10, 2022 🔥
New NFT marketplace LooksRare has launched a vampire attack on OpenSea, the current leader in the space.
LooksRare is built around its own platform token, LOOKS, which is supplied to major participants on the platform. It indexes all NFTs on the Ethereum blockchain so that they can be traded immediately.
The vampire attack looks to capitalize on OpenSea’s lack of token-based ownership, by supplying LooksRare users with LOOKS tokens for using their platform instead.
Billionaire investor Bill Miller has reportedly allocated an entire half of his net worth to Bitcoin and Bitcoin-related equity.
Miller’s holdings currently already include large holdings in the Bitcoin-heavy MicroStrategy and Stronghold Digital Mining, a Bitcoin mining company. Miller says he views Bitcoin as “an insurance policy against a financial catastrophe”.
PayPal is looking at creating its very own dollar-backed stablecoin, according to a report by Bloomberg. Evidence of the innovation was discovered within the PayPal iPhone app by a developer, Steve Moser.
According to Moser, the code and images found within the app indicates that the project is called “PayPal Coin”, however not many additional details have been revealed.