SHIB Jumps 13% on Saturday, Hitting a 4-Month High – Market Updates Bitcoin News

Shiba inu extended recent gains into the weekend, as the meme coin rose to its highest point in four months. Today’s surge saw prices climb by as much as 13%, and comes despite cryptocurrency markets mostly consolidating. Dogecoin also moved higher, breaking out of a recent ceiling in the process. Shiba inu (SHIB) Shiba inu (SHIB) was one of the biggest movers in the market for a second consecutive session, with prices rising by as much as 13% higher today. SHIB/USD rose to a high of$0.00001457 on Saturday, which was…

ETH Remains Near $1,700 to Start the Weekend  – Market Updates Bitcoin News

Ethereum continued to trade close to a key resistance level of $1,700 on Saturday, following Friday’s U.S. non-farm payrolls (NFP) report. Yesterday’s report showed that 517,000 jobs were added to the U.S. economy in January, better than the 185,000 many were expecting. Bitcoin mostly consolidated however, as traders moved to take recent profits. Bitcoin Bitcoin (BTC) moved lower to start the weekend, as traders continued to secure gains following a recent climb to a six-month high. Following a high of $23,678.10 on Friday, BTC/USD fell to an intraday low of…

Binance Returns to Korean Crypto Market — Invests in Troubled Exchange Gopax – Exchanges Bitcoin News

Binance has returned to the South Korean cryptocurrency market after two years with a “meaningful” investment in a local, licensed crypto exchange. Gopax fell into trouble following the collapse of crypto exchange FTX and the bankruptcy filing of crypto lender Genesis Global. Binance Invests in Troubled Korean Crypto Exchange Cryptocurrency exchange Binance announced Friday that it has invested in Gopax, a licensed crypto exchange in South Korea. The investment marks Binance’s return to the Korean crypto market, which the company exited two years ago, citing low usage and trading volume.…

Options Automated Market Maker Lyra Deploys to Arbitrum Network

Before the upgrade, Lyra’s market maker vaults (MMVs) paid swapping fees for every collateralization and hedging trade. For example, when a trader buys a call option contract on ether (ETH), Lyra’s MMVs would purchase ether from a spot exchange, incurring a fee; once the trader’s position has closed, Lyra’s MMVs would sell back the ETH used for collateral, incurring yet another fee. Source

SHIB, DOT Remain Near 3-Month Highs, Despite Crypto Markets Falling – Market Updates Bitcoin News

Shiba inu was one of Friday’s biggest gainers, as the meme coin remained close to a recent three month high. The token has been in the green for the majority of today’s session, despite the global cryptocurrency market cap falling 1.28% at the time of writing. Polkadot was also higher, as it continued to trade above a key price ceiling. Shiba inu (SHIB) Shiba inu (SHIB) was a notable mover on Friday, with prices remaining close to yesterday’s three month high. SHIB/USD rose to a high of $0.00001291 on Thursday,…

BTC Falls From Recent High, Ahead of US Non-Farm Payrolls – Market Updates Bitcoin News

Bitcoin retreated from a six month high on Feb. 3, as bears reentered the market ahead of today’s U.S. non-farm payrolls (NFP) report. Following a move above the $24,000 level on Thursday, sentiment shifted, as traders prepared for the pivotal report, which is expected to come in at 185,000. Ethereum was also in the red, giving up a five month peak in the process. Bitcoin Bitcoin (BTC) fell lower on Friday, as market volatility rose ahead of the latest U.S. non-farm payrolls (NFP) report. Following a high of $24,091.54 on…

Smart Contract Token Market Soars to $332 Billion; Defi Value Reaches High Not Seen Since FTX Collapse – Defi Bitcoin News

The smart contract token economy rose 5.6% against the U.S. dollar on Thursday, reaching $332 billion. Additionally, the value locked in decentralized finance (defi) increased to nearly $50 billion, a record high not seen since the collapse of FTX. Smart Contract Economy and Defi TVL Bounces Back On Thursday, Feb. 2, 2023, the top smart contract platform coin economy increased to $332.86 billion, a rise of 5.6% in the last 24 hours. Currently, roughly $20.44 billion in global trading volume is paired with smart contract tokens. Of the top ten…

Why are Bitcoin and crypto pumping after the Fed meeting? Watch Market Talks live

In this week’s episode of Market Talks, Cointelegraph welcomes Budd White, chief product officer and co-founder of Tacen, a United States-based software company developing compliance software for a well-regulated crypto space. To kick things off, we get to know Budd a little better and find out his background and what drew him to the space. We also find out what he’s looking forward to the most this year in the crypto market and how 2023 is going to differ from 2022. The big question on everyone’s minds is what will be the…

AVAX Hits Highest Point Since August, Following 17% Jump – Market Updates Bitcoin News

Avalanche moved to its highest point since August, as the token rose by as much as 17% in today’s session. Cryptocurrencies surged across the board, following the latest Federal Reserve rate hike, with the global market cap 4.29% higher as of writing this. Polygon also hit a multi-month high on Thursday, rising by over 14% in the process. Avalanche (AVAX) Avalanche (AVAX) was one of Thursday’s notable movers, as the token rose to its highest point since August. AVAX/USD hit a high of $22.71 earlier in the day, and came…