Bitcoin drops to $23,250 on significantly higher-than-expected US payroll data
Bitcoin drops to $23,250 on significantly higher-than-expected US payroll dataThe leading cryptocurrency fell to $23,250 in response to strong labor market data.
Happy Friday!The global crypto market cap is $1.09 trillion with a 24-hour volume of $64.09 billion. The price of Bitcoin is $23,556.19 and BTC market dominance is 41.8%. The price of Ethereum is $1,660.47 and ETH market dominance is 18.7%. The best performing cryptoasset sector is Terra Eco, which gained 14%.
Latest NewsBitcoin drops to $23,250 on significantly higher-than-expected US payroll data
The leading cryptocurrency fell to $23,250 in response to strong labor market data. Balance CEO alleges betrayal at hands of Uniswap founderRic Burton opens legal action against Hayden Adams over alleged debts incurred by assisting Uniswap to market. Undercity will open the first Act-to-Earn village in EuropeMetaverse gaming project Undercity will open the first act-to-earn village in Europe, bridging virtual and real worlds. Hackers steal record $3.8B during 2022 – ChainalysisAccording to the report, 82.1% of the $3.8 billion was stolen from DeFi protocols, mainly via bridge exploits targeting vulnerabilities in code. Orion protocol suffers $3M hack due to third-party vulnerabilitiesCEO Alexey Koloskov claimed that the stolen funds were from Orion's Treasury, adding that all users' funds are safe. Binance terminates WazirX wallet services, asks it to withdraw users’ fundsBinance said it has invited Zanmai to work out arrangements to withdraw any remaining assets in the relevant accounts after Feb. 3 CryptoSlate Daily wMarket Update: Bears take control as Bitcoin dips to $23,500The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Central Bank of Sri Lanka insists Bitcoin will not fix economic crisisSri Lanka rejected Tim Draper's proposal to introduce a Bitcoin-based economy and said it will not solve the country's issues. Harmony hacker moves $726k worth of stolen WETHThe new wallet received 463.82 WETH across five transactions and has remained dormant — without inflows or outflows for roughly an hour as of press time. Terra USTC surges 66% following approval to re-peg to $1The Terra Classic community has passed a proposal to relink LUNA Classic and the de-pegged USTC stablecoin.
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Bitfinex sends $8.5M in crypto to Alameda’s wallet in last 24 hours
Thursday, February 2, 2023
Bitfinex made four transactions — which included $6 million USDT and 1545 Ethereum (roughly $2.52 million) — to the bankrupt firm's wallet.
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Wednesday, February 1, 2023
The firm also expects crypto adoption to increase further and mentions chains and NFTs might go in a new direction in 2023.
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Tuesday, January 31, 2023
Diving deeper into the futures market shows that the ongoing market volatility has the potential to turn into positive price action following the FOMC meeting.
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Monday, January 30, 2023
The longest bear in Bitcoin history or a perfectly timed bottom from past halving cycle trends.
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Sunday, January 29, 2023
The Lazarus Group, which is responsible for the hack, previously moved over $60 million of the stolen funds on Jan. 13.
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