Cryptocurrency News Today TheBitTimes.com

Bitcoin reached a record high of over $76,000, achieving this milestone shortly after breaking past $75,000. This surge is partly attributed to positive sentiment following Donald Trump’s reelection, with many in the cryptocurrency community expressing support for his return to the White House. This optimism appears to be driving Bitcoin’s upward trajectory and boosting investor confidence. This latest high has also spurred gains across other cryptocurrencies, lifting the broader digital asset market. Investors are eyeing this momentum as an opportunity, seeking promising assets for potential returns. This article analyzes the best cryptocurrencies to invest in right now. Best Cryptocurrencies to Invest in Right Now THORChain has recently partnered with Ledger to boost its decentralized swap functionality, allowing users to perform secure, non-custodial swaps. Meanwhile, Theta Labs has formed a multi-year partnership with the University of Oregon’s Distopia Laborato...

Conflux Network introduced an EVM-compatible layer-2 solution that can interact with Bitcoin amid growing interest in crypto’s largest blockchain.  According to Conflux, users can move Bitcoin (BTC) and inscription-powered assets between its blockchain and Bitcoin’s ecosystem. The new L2 network will run atop the main Conflux chain and use BTC for gas fees while supporting Ethereum-based smart contracts via the Ethereum Virtual Machine (EVM) standard.  A mainnet is expected to roll out by May if all goes to plan. Before that, a testnet teased by the end of March will look to capture early users and developer activity.  Conflux is a China-based layer-1 network that unites proof-of-stake and proof-of-work blockchain models in its operations. Its BTC L2 solution will also rely on a similar design to offer new dapps and products, a Jan. 18 blog post explained. You might also like: Developer asks community not to underestimate Bitcoin Ordinals This paradigm shift u...