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[embedded content] 1.) Bitcoin Might Fall Below $20,000 Before Bull Rally Resumes, Analyst Says https://newsbtc.com/analysis/btc/bitcoin-might-fall-below-20000/ 2.) Crypto lender Genesis files for Chapter 11 bankruptcy https://cointelegraph.com/news/crypto-lender-genesis-files-for-bankruptcy 3.) Nexo agrees to $45M settlement with SEC and states over earn product https://cointelegraph.com/news/nexo-agrees-to-45m-settlement-with-sec-and-nasaa-over-earn-product ?Mein Telegram-Kanal für...

Bitcoin cash started a decent increase above the $108 and $112 resistance levels against the US Dollar. The price is now trading above the $115 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $118 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $125 and $130 to continue higher in the near term. Bitcoin cash price is climbing above $115 against the US Dollar, similar to...

Open source and decentralized protocol ssv.network DAO has launched a $50 million Ecosystem Fund dedicated to supporting the development of Distributed Validator Technology (“DVT”) based applications. According to a press release shared with CryptoPotato, the project secured the funds from various industry investors, including DCG, OKX, HashKey, NGC, Everstake, HackVC, GSR, Chorus.One SevenX, and 1kx. ssv.network noted that the fund is the first to be dedicated solely to DVT...

Peter Thiel has been a long-time Bitcoin backer. But his fund closing almost all its crypto positions shortly before the market went downhill did not sit well with many. According to Fortune’s latest report, Thiel’s VC firm – Founders Fund – cashed out all of its bets on cryptocurrencies and made $1.8 billion in profit while doing so. The San Francisco-based fund bought Bitcoin over eight years ago when the flagship crypto was trading under $1,000. Over the next few years, it...

ConsenSys – a blockchain software technology company – and Amber Group – a cryptocurrency platform based in Singapore – are the latest entities in the digital asset sector to announce staff layoffs.  The former will trim its team by approximately 11%, while the latter reportedly plans to reduce its Hong Kong division by 50%. Adjusting to ‘Uncertain Market Conditions’ Joseph Lubin – CEO of ConsenSys – said his organization made the “extremely difficult decision” to lay off 96...

Bitcoin’s weekly surge beyond $20,000 doesn’t necessarily mean the bull market is back, according to BitMEX co-founder Arthur Hayes’ latest analysis.  The former CEO recently detailed some possible scenarios that will trigger Bitcoin’s next big move – which mostly boils down to how the Federal Reserve behaves in the near term.  Analyzing the Bitcoin Bounce In a medium post titled “Bouncy Castle” published on Thursday, Hayes began by positing two theories about what is...

Kabosu – the cute little Shiba Inu dog that inspired the memes of such famous digital currencies as Dogecoin – has been diagnosed with liver disease and leukemia according to her owner Atsuko Sato. Kabosu Is Very Ill The news is indeed sad for both animal lovers and crypto fans alike. Kabosu will likely never know how many people she has inspired with her cute little face, nor will she ever realize that her complexion and furry countenance arguably gave birth to one of...

Multi-chain crypto wallet BitKeep revealed that it will launch the compensation portal in the first week of February, and 50% of the funds are expected to be returned to users by the end of the same month. The remaining funds will be distributed by the end of March. To avoid fluctuation, the asset valuation of the compensation will be converted to USDT stablecoin. In a series of tweets, BitKeep said that its technical team, as well as security agencies, devised a closed-loop...

With Bitcoin’s recent price rally, many assume that the bear market is over. But is it too early to call bottoms? Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has been rallying over the past couple of weeks, breaking above multiple static resistance levels and the significant 200-day moving average. The large falling wedge pattern has also been broken to the upside, which is usually considered a bullish reversal signal. From a classical...