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Bitcoin Braces For 10-20% Crash, Top Analyst Cites 90% Chance Of Pullback
Bitcoin (BTC), the largest cryptocurrency on the market, has again taken the lead in the crypto landscape. However, this time it comes with a sense of caution among investors triggered by macroeconomic data, particularly from the United States. дальше »
2024-6-18 11:00 | |
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Bitcoin Could Crash To $60,000 If This Support Gets Lost: CryptoQuant Head
On-chain data shows Bitcoin is approaching the “Realized Price” of the short-term holders, a retest of which has historically been important for BTC. Bitcoin Is Close To Seeing A Retest Of Short-Term Holder Cost Basis In a new post on X, CryptoQuant Head of Research Julio Moreno has discussed how BTC has recently been near the Realized Price of the short-term holders. дальше »
2024-6-18 07:00 | |
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US-listed Bitcoin miners hit record $22.8 billion market cap amid stock surge
Publically traded Bitcoin mining companies in the US briefly reached a combined market cap of $22. 8 billion on June 15 amid a surge in their stock price during June. According to a recent analysis by JP Morgan, the growth is driven by an increase in network hashrate share and diversification into artificial intelligence (AI) data […] The post US-listed Bitcoin miners hit record $22. дальше »
2024-6-18 04:39 | |
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Shiba Inu’s Shibarium Sees Triple-Digit Surge Across Major Metrics, What’s Going On?
Key Shibarium metrics suggest the Shiba Inu ecosystem might be gearing up for a push to the upside. Notably, Shibarium’s transaction data has seen triple-digit percentage jumps in transactions and fees paid in BONE over the past week. дальше »
2024-6-18 22:30 | |
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Bitget Wallet Introduces Smart Money Feature for Solana, Debuts Cross-Chain Transactions
Bitget Wallet has recently unveiled an exciting addition to its platform—the “Smart Money” feature for Solana, available exclusively on Bitget Swap. This cutting-edge AI tool meticulously examines on-chain data in real-time, closely monitoring more than 100,000 addresses associated with “Smart Money. дальше »
2024-6-18 20:04 | |
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Greenpeace: Bitcoin mining companies are hiding energy data, Wall Street is responsible
In a new report filed by Greenpeace, the climate group called for Wall Street accountability in crypto mining, and it correlated bitcoin mining to excessive global energy usage. Greenpeace claimed that Bitcoin (BTC) mining has evolved into a significant industry… дальше »
2024-6-18 20:01 | |
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Bitcoin Mining Cost At $86,700: Price To Surpass This Soon?
Data suggests the average cost of mining Bitcoin is standing around $86,700 right now. Here’s what history suggests could happen next for BTC. Bitcoin Average Mining Cost Is Currently Notably Higher Than The Price In a new post on X, analyst Ali Martinez has talked about how the average mining cost of BTC is looking like right now. дальше »
2024-6-18 19:30 | |
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Total crypto funding surpasses $100b mark, data shows
The total funding in the cryptocurrency ecosystem has now exceeded $100 billion, underscoring the massive investment pouring into the sector since its inception. According to data provided by DefiLlama, crypto projects have raised a staggering $101.36 billion across 5,287 funding… дальше »
2024-6-18 12:28 | |
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Bitcoin Taker Buy/Sell Ratio Sees Notable Spike – What Does This Mean For BTC Price?
On-chain data shows that the Bitcoin taker buy/sell ratio has experienced a significant surge on a particular crypto exchange. Here’s how it could impact the price of the premier cryptocurrency. Bitcoin Investors Buying The Dip On This Exchange Prominent crypto pundit Ali Martinez took to the X platform to reveal that investors on a particular […] дальше »
2024-6-16 15:30 | |
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Meta pauses European AI assistant launch due to regulatory objections
Meta said it will delay the launch and training of its AI assistant in Europe following a request from the Irish Data Protection Commission (DPC). According to a June 10 statement, the regulator asked Meta to postpone large language model (LLM) training involving public content adults share on Facebook and Instagram. дальше »
2024-6-16 01:11 | |
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Toncoin jumps to all-time high: TON addresses in profit hits 100%
Toncoin (TON)’s In/Out of the Money data shows all the addresses currently holding the Telegram-related token are in profit. According to data from IntoTheBlock, 100% of addresses with a TON balance are profitable as price hovers near $8.00. Toncoin’s price… дальше »
2024-6-14 18:16 | |
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Tesla investors sue Elon Musk for allegedly moving talent, resources to xAI
Tesla shareholders sued CEO Elon Musk and other executives for enriching xAI at the auto company’s expense on June 13. The plaintiffs claimed that xAI, an artificial intelligence firm Musk created in 2023, has poached employees from Tesla, diverted at least $500 million in GPUs from Tesla to X, and used Tesla’s data for xAI […] The post Tesla investors sue Elon Musk for allegedly moving talent, resources to xAI appeared first on CryptoSlate. дальше »
2024-6-14 03:11 | |
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Are Investors Ditching Ethereum For Bitcoin? Data Could Say So
On-chain data shows that Bitcoin and Ethereum exchange supplies have gone opposite ways recently, a sign that a rotation may be on. Bitcoin’s Exchange Supply Has Gone Down While Ethereum’s Has Risen According to data from the on-chain analytics firm Santiment, the Supply on Exchanges metric has dropped to the lowest level since December 2021 […] дальше »
2024-6-14 02:00 | |
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Inflation and the Fed meeting: why should crypto traders monitor US macro data?
Critical macro data were released in the United States at once, and the cryptocurrency market instantly responded to the latest reports. American authorities released several vital reports on June 12, including the Federal Reserve’s inflation data and interest rates. How… дальше »
2024-6-14 16:35 | |
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Global crypto ETPs reached new all-time highs in May, says new research
Cryptocurrency exchange Traded Products (ETPs) continue to have a record-breaking 2024, according to latest research. New data, released this week by digital asset and fintech investment firm Fineqia International Inc (CSE: FNQ), showed that ETPs trading in digital assets reached a new all-time high in May 2024. дальше »
2024-6-13 15:49 | |
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Ethereum Longs Crushed! Who Got Burned In The $62 Million Fire Sale?
Ethereum (ETH) bulls got a taste of fire on June 11th as the altcoin’s derivatives market witnessed a dramatic surge in long liquidations. According to data from Coinglass, this event marked the highest level of long liquidations since May 23rd, signifying a significant correction for traders who bet on rising prices. дальше »
2024-6-13 10:44 | |
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Shiba Inu Faces Massive Sell Pressure As Whales Move 4.29 Trillion SHIB To Coinbase
Shiba Inu, the second largest meme coin, has been undergoing a sideways price movement in the past 30 days, with an emphasised decline in the past seven days. On-chain data indicates this decline might continue in the short term as selling pressure continues to increase. дальше »
2024-6-13 09:00 | |
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Bitcoin Transactions At All-Time High, But Active Addresses Collapse: What’s Going On?
Data shows that Bitcoin active addresses have plunged, but the transaction count has been around an all-time high (ATH). Here’s why this may be so. Bitcoin Active Addresses And Transaction Count Have Diverged Recently According to the latest weekly report from Glassnode, the Bitcoin network has been showing a divergence in its activity-related metrics recently. […] дальше »
2024-6-13 07:00 | |
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Arbitrage Overdrive: Why Bitcoin ETFs Aren’t What They Seem, According To Expert
Recent analyses suggest that a significant portion of the capital flow into Bitcoin exchange-traded funds (ETFs) is driven by arbitrage strategies rather than direct investment from retail traders. Particularly, Raoul Pal, CEO of Real Vision, has highlighted this trend based on data concerning these funds’ ownership and trading patterns. дальше »
2024-6-13 03:00 | |
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LFG Learnings Report: Digital Asset Computing Is an Economically Viable Approach to Reducing Landfill Methane Emissions
A new report on the successful pilot project by Marathon Digital Holdings and Nodal Power to prevent the flaring of methane at a landfill by converting it into electricity to power a digital asset data center. дальше »
2024-6-13 23:05 | |
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Is Bitcoin Overheated Right Now? This Metric Suggests No
Data of an on-chain indicator could suggest Bitcoin is currently not at a stage where its price would be at a significant risk of facing correction. Bitcoin 365-Day MA Growth Rate Is Sitting Below Historical Overheated Zone In a post on X, CryptoQuant author Axel Adler Jr has discussed about the recent trend in the “Growth Rate” metric for Bitcoin. дальше »
2024-6-13 20:00 | |
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Zimbabwe launches study to map and regulate crypto industry
The Zimbabwean government has initiated a study to develop regulations for the virtual asset industry. On June 12, the Zimbabwe Mail reported that the government had established a committee to collect data from crypto companies operating within the country. дальше »
2024-6-13 20:00 | |
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Bitcoin Whales Buy While Market Panics As $950M Worth Of BTC Leaves Exchanges
On-chain data shows Bitcoin whales may have quietly been accumulating at the recent price lows as exchanges have registered large withdrawals. Bitcoin Exchange Reserve Has Observed A Decline Recently As pointed out by analyst Ali Martinez in a post on X, exchanges have seen significant withdrawals over the last couple of days. The on-chain metric […] дальше »
2024-6-13 20:00 | |
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How AI Can Shape Web3 Technology
Explore how AI and Web3 are revolutionizing the digital future through decentralization and blockchain technology, transforming industries from data analytics to NFTs. The post How AI Can Shape Web3 Technology appeared first on NFT News Today. дальше »
2024-6-12 18:59 | |
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Price analysis 6/12: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX
Favorable CPI data have helped Bitcoin reclaim the crucial $69,000 level, signaling that a move to $72,000 is possible.
дальше »2024-6-13 18:57 | |
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Crypto price forecasts: Render, Floki, Arweave
Cryptocurrencies and stocks rebounded on Wednesday after the weak US inflation data and as investors bought the recent dip. Bitcoin approached the key $70,000 level while futures tied to the Dow Jones and Nasdaq 100 indices rose by 365 and… дальше »
2024-6-13 17:29 | |
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Axelar price surges amid new Ripple partnership
Ripple’s XRP Ledger has announced a new collaboration effort with Axelar, a programmable blockchain interoperability platform. AXL price surged on Wednesday as Ripple will use Axelar as the exclusive bridge for its XRPL EVM sidechain. Per data from CoinMarketCap, AXL… дальше »
2024-6-13 17:16 | |
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Irys secures $8.9m to ‘accomplish the next phase of our growth’
Irys has successfully concluded a strategic funding round led by Lemniscap in an effort to improve on-chain management and combat misinformation. Irys, previously known as Bundlr Network, is a storage layer innovator dedicated to scalable on-chain data solutions. It has… дальше »
2024-6-13 16:52 | |
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Pepe price forecast: here’s why the $PEPE token is rebounding
Pepe (PEPE) price bounced back on Wednesday following the release of encouraging US Consumer Price Index (CPI) data. Pepe jumped to a high of $0.00014 in a high-volume environment. It has soared by over 23% from its lowest point this… дальше »
2024-6-13 16:45 | |
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Bitcoin surges above $69k after better-than-expected US CPI
Bitcoin’s price has soared past $69,000 after the latest US Consumer Price Index (CPI) for May showed a slight decline. Available data shows that the much-anticipated US CPI inflation data was better than several experts’ predictions. дальше »
2024-6-13 16:36 | |
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Bitcoin gains as May CPI data shows moderate inflation numbers
Bitcoin prices rise as the May Consumer Price Index report reveals a slowdown in inflation to 3. 3% year-over-year, raising expectations for potential interest rate cuts by the Federal Reserve later this year. дальше »
2024-6-14 16:02 | |
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Russian Bitcoin mining supplier to spend over $130m on AI data centers: report
Russia’s crypto mining equipment supplier Intelion is reportedly considering an investment of over $130 million to develop AI data centers. Moscow-headquartered crypto mining supplier Intelion is planning to spend up to 12 billion Russian rubles (over $130 million) on purchasing… дальше »
2024-6-13 15:38 | |
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BTC ETF outflows reach $200m ahead of crucial Fed inflation data
Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. have recorded their second consecutive day of net outflows ahead of the Fed’s FOMC meeting and key U.S. inflation data out Wednesday. According to data provided by Farside Investors, BTC ETFs in… дальше »
2024-6-13 10:40 | |
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Litecoin Doubles Activity To Beat Bitcoin & Ethereum, Becomes Most Used Crypto
Data shows that Litecoin has seen a rapid surge in active addresses, making the asset the most used in the sector, compared to Bitcoin and Ethereum. Litecoin Has More Than Doubled Its Active Addresses This Month According to data from the on-chain analytics firm Santiment, the Daily Active Addresses have recently seen a big jump […] дальше »
2024-6-12 03:00 | |
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Bitcoin Price Analysis: BTC Braces for CPI as Economic Data Looms – Key Levels and Trends to Watch
Bitcoin (BTC) touched its minimum bullish target of $70,100 before facing rejection. Amidst the uncertainty surrounding the upcoming release of Consumer Price Index (CPI), inflation rates, and the Federal Open Market Committee (FOMC) decision, the market is bracing for potential volatility. дальше »
2024-6-12 22:30 | |
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Bitcoin futures show notable growth in cash-margined contracts
Onchain Highlights There has been a significant increase in the use of cash-margined contracts in Bitcoin futures. Data from Glassnode showed that there has been a substantial increase in cash-margined futures open interest across exchanges, rising to over 345,000 BTC as of June 11. дальше »
2024-6-11 20:00 | |
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