Markets

[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...

CoinspeakerSUI Price Hits New All-Time High, Enters Top 10 DeFi Blockchains by TVL Metric Sui has been among the top performers in the cryptocurrency market as of late, fueled by a notable spike in its on-chain DeFi activity and rising trading volume. SUI Price Hits New All-Time High, Enters Top 10 DeFi Blockchains by TVL Metric

CoinspeakerBinance Mulling to Sell Its Stake in South Korean Exchange Gopax Binance is reportedly not planning to expand its footprint in South Korea amid growing regulatory scrutiny and is willing to sell its stake in Gopax. Binance Mulling to Sell Its Stake in South Korean Exchange Gopax

Solana price started a strong increase above the $92.00 resistance against the US Dollar. The price is now trading above $100 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $100 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $105 and $112 to continue higher in the near term. Solana price is trading in a positive zone above $100 against the US Dollar, like...

Bitcoin price is attempting a fresh increase from the $38,500 zone against the US Dollar. The price is now trading above $41,000 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $40,500 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $43,800 resistance zone. Bitcoin price is rising from $38,500 against the US Dollar. BTC might...

The market share of the world’s largest cryptocurrency exchange Binance has recovered significantly after plunging in the second half of 2023 due to several factors, including a massive settlement with U.S. regulators two months ago. According to a tweet from crypto market data provider Kaiko, the market share of the leading trading platform has risen to 49%, up from multi-year lows recorded as the exchange navigated its legal hassles. Binance’s Market Share Rebounds 2023 was...

TL;DR Shiba Inu’s burn rate spiked drastically, significantly reducing its circulating supply. The development aligns with SHIB’s recent price increase amid a general upswing in the cryptocurrency market. The popular meme coin Shiba Inu witnessed a burn rate spike of 1,400% for the past 24 hours, resulting in more than 60 million tokens being removed from circulation. Since the beginning of the year, the number of destroyed assets has surpassed the 9 billion mark. Shiba Inu...

CoinspeakerBinance Officially Allows Large Customers to Keep Assets with Independent Custodians Eligible Binance customers can now use independent custodians to keep their assets instead of holding them on the Binance exchange. Binance Officially Allows Large Customers to Keep Assets with Independent Custodians

ADA price is attempting a fresh increase from the $0.500 zone against the US Dollar. The price is now trading above $0.510 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.490 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.5350 and $0.5500 levels. Cardano price is holding the $0.500 support against the US Dollar, like Bitcoin. ADA price...

Ethereum price is eyeing an upside break above the $2,350 resistance against the US Dollar. ETH price is now trading above $2,280 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $2,250 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,240 support zone. Ethereum price is consolidating above the $2,280 level against the US Dollar. ETH/USD could rise...