Crypto news

[unable to retrieve full-text content]CoinspeakerArthur Hayes: Bailout Imminent as NYCB Announces ‘Surprise’ Loss, BTC to Rally Hayes revealed that a weekend bailout could impact the price action of Bitcoin. Arthur Hayes: Bailout Imminent as NYCB Announces ‘Surprise’ Loss, BTC to Rally

Litecoin started a fresh decline from the $72.50 resistance zone against the US Dollar. LTC price is now trading below $70.00 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $67.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down unless the bulls protect the $64.20 support zone. Litecoin price is struggling below $70.00 against the US Dollar, like...

[unable to retrieve full-text content]CoinspeakerZetaChain Launches Mainnet Beta, Users Can Start Claiming ZETA Tokens The ZetaChain Mainnet Beta unveiled ZetaHub, a user-friendly entry point enabling active engagement with ZetaChain. The native crypto ZETA is already live on KuCoin exchange. ZetaChain Launches Mainnet Beta, Users Can Start Claiming ZETA Tokens

As stated in an SEC filing on Tuesday, the ETF provider Global X has withdrawn its application for a spot in Bitcoin ETF. The CBOE BZX Exchange submitted a notice of withdrawal for the Global X Bitcoin Trust on January 26, roughly two weeks after the SEC approved 11 other spot Bitcoin ETFs. Global X Withdraws Application The Global X Bitcoin Trust’s initial application was submitted in August 2023, and despite two extensions for consideration in September and November, the...

Defunct crypto exchange FTX expects to pay its customers and creditors back “in full” after the company’s collapse over a year ago left counterparties billions of dollars in the hole. Given its optimistic projections, the team overseeing the bankruptcy has also dropped plans to potentially relaunch the exchange. FTX Plans A Full Asset Recovery During a Wednesday court hearing, FTX lawyer Andrew Dietderich told the judge overseeing the case that 100% repayment still isn’t a...

Alex Chriss, the CEO of payment company Paypal, announced to the staff on Tuesday that an additional 9% of the workforce, approximately 2,500 positions, will be cut. The development follows PayPal’s decision to reduce its headcount by around 2,000 in January of the previous year. Paypal Further Reduces Workforce In a letter, the newly appointed CEO explained that the company’s decision to cut its workforce, including direct cuts and the elimination of open roles, is part of...

After encountering a significant rejection at the $48K resistance level, Bitcoin has recently discovered support near the crucial 100-day moving average, prompting a slight retracement. However, if a pullback materializes, the most likely scenario would involve a renewed bearish leg, targeting significant support at $38K. Technical Analysis By Shayan The Daily Chart Upon analyzing the daily chart, it becomes apparent that following Bitcoin’s recent setback from the pivotal...

[PRESS RELEASE – SAN FRANCISCO AND SEOUL, United States, South Korea, January 31st, 2024] Deal Marks a Broad Strategic Partnership for Netmarble’s Web3 Arm with a Layer-1 Protocol for technology and go-to-market collaboration in web3 gaming. Saga, a leading Layer-1 protocol and developer ecosystem in web3, and MARBLEX, a gaming-focused blockchain by Netmarble Corp., announced a strategic partnership today. Their comprehensive collaboration is expected to empower MARBLEX to...

[PRESS RELEASE – Hanoi, Vietnam, January 31st, 2024] Heroes of Mavia, a groundbreaking Web3 AAA mobile base builder strategy game, is now available on iOS and Android app stores. This launch marks a new era in gaming, merging the thrill of strategy gameplay with the innovative aspects of Web3 technology. After a successful private beta period of three months, which attracted over 350,000 waitlisted enthusiasts and showcased impressive engagement statistics such as 12k daily...

The highly-anticipated Dencun upgrade of Ethereum was successfully deployed on the Sepolia testnet on Jan. 30. This marks the second deployment out of three planned testnet launches, bringing the Ethereum community one step closer to embracing the features of Dencun. Smooth Sailing on Sepolia Testnet Terence Tsao, from Prysmatic Labs, the team behind the Prysm Ethereum client, announced the achievement on Jan. 30, stating, “Sepolia has finalized. Sorry for an uneventful...