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Daily Crypto News Jan 7, 2022: Top 3 Crypto Updates for Today

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The crypto space has been the very focus of interest for the world for the past couple of years. The massive adoption of the asset class has resulted in major firms and whales acquiring a huge chunk of various tokens as a part of their portfolio. In the last 24 hours, according to WhaleStats, Polygon MATIC and Chainlink have been among the top 10 tokens investors have invested in.

Since Facebook has been renamed as Meta, the craze of the crypto space over Metaverse has quadrupled! Artists have started holding their concerts, investors are acquiring lands in the Metaverse universe, and so on. In December 2021, the R-rated Metaverse Sin-City held a virtual land sale that sold out within 2 hours netting 3.5  million!

Not only are the whales acquiring more and more cryptos and the crypto space is scaling new possibilities in the Metaverse, but NASDAQ has also listed a company BTCS, which is the first NASDAQ-listed company to offer its shareholders dividends in bitcoin.

Quick Crypto News Roundup! 

Daily Crypto News  Jan 7, 2022

MATIC and Chainlink Among The Top 10 Tokens Whales Are Buying as Market Falls

WhaleStats data stated that Polygon (MATIC) and Chainlink (LINK) are among the top tokens purchased by whales in the last 24 hours amidst Bitcoin and the majority of altcoins losing their value at press time. U.Today earlier reported a massive accumulation spree from ETH whales, with a whopping 838,229 million LINK tokens worth $21,718,997 grabbed. 

Read more on what tokens crypto whales are acquiring here.

Source: U.Today

Metaverse Land Sin City Sold-Out in Under Two Hours, Netting $3.5m

The R-rated Metaverse Sin City held a virtual ‘land’ sale on December 2021. Raking in millions, the sale broke brains across the world as people wondered why humans would buy virtual real estate. 

The digital dirt extravaganza brought in big profits for the creators. Which is nice work if you can get it. And even better, landowners don’t even have to mow the lawn or put up with annoying tenants. The cost of the land? 4,000 SIN per parcel (around $900 at the time of writing).

Read more on Metaverse Land Sin-City, here.

Source: beincrypto

BTCS, a NASDAQ-Listed Firm to Pay Bitcoin Dividends

The crypto company, BTCS has become the first NASDAQ-listed company to offer its shareholders dividends in bitcoin. Its share price increased by 41% following the announcement to $4.40 per share, increasing its market capitalization to over $43M. 

The organization has been planning to issue “bividends,” (bitcoin dividends) for long and has been planning to even purchase the domain name “bividend.com” in February 2015. Based on the price of bitcoin on March 16, 2022, it will pay out five cents-per-share dividends in bitcoin.

Read more on BTCS paying dividends in bitcoin, here.

Source: beincrypto

Crypto Market Trend January 7, 2022

Here is a quick summary of the top crypto gainers and losers for the day. 

Top 3 Crypto Gainers 

Cryptocurrency  Price (latest by January 7, 2022)  Change in % 
Quant (QNT) ₹ 14,860.62 15.38%
Decentraland (MANA) ₹ 254.01 11.3%
Cosmos (ATOM) ₹ 3,264.96 10.37%

*Prices are latest by 12:20 AM January 7, 2022.*

Top 3 Crypto Losers 

Cryptocurrency  Price (Latest by January 7,  2022)  Change in % 
Synthetic Network Token (SNX) ₹ 431.22 11.58%
Aave (AAVE) ₹ 16,383.45 10.45%
Sushi (SUSHI) ₹ 535.17 9.4%

*Prices are latest by 12:20 AM January 7, 2022.*

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