Bitcoin (BTC) lost 25.4% in 48 hours, bottoming at $15,590 on Nov. 9 as investors rushed to exit positions after the second-largest cryptocurrency exchange, FTX, halted withdrawals. More importantly, ...
Tag: Data
Unknown Entity Becomes Largest Bitcoin Whale in Existence After Accumlating $2,400,312,823 in BTC: On-Chain Data
A mysterious Bitcoin holder has quietly become the biggest non-exchange BTC whale in the world after accumulating 144,664 coins worth over $2.4 billion at time of writing. According to data from BitIn...
Plaid bans FTX.US access to user data
Plaid has banned access to the users’ data to FTX.US. The step is taken concerning the public reports of fraudulent activity. Plaid, a financial services company based in San Francisco, has put ...
Fed’s Waller says market has overreacted to consumer inflation data: ‘We’ve got a long, long way to go’
Federal Reserve Gov. Christopher Waller said Sunday that financial markets seem to have overreacted to the softer-than-expected October consumer price inflation data last week. “It was just one data p...
Market needs weak retail data to stay strong
The stock market’s current run could fizzle out if October retail sales data comes in hot next week, CNBC’s Jim Cramer warned on Friday. “If we see weak retail sales and learn that t...
Plaid suspends FTX.US access to user data after ‘concerning’ reports
Plaid is a fintech company that facilitates communication between financial services apps and users’ banks and credit card providers. In FTX.US’ case, its products enable users to allow FTX.US custome...
FTX US suspends withdrawals, according to on-chain data
Following an announcement on Nov. 10 that FTX US may halt trading on its platform, on-chain data suggests that the platform has paused withdrawals from the United States-based platform on Nov. 11. The...
Total crypto market cap drops to $850B as data suggests further downside
The total cryptocurrency market capitalization dropped by 24% between Nov. 8 and Nov. 10, reaching a $770 billion low. However, after the initial panic was subdued and forced future contracts liquidat...
Alameda wallets seemingly being drained, according to on-chain data
Funds were seemingly being channelled out of Alameda wallets, with millions in tokens being redirected to one address this morning. Transactions to the wallet included 9.8 million wrapped XRP (...
Onchain Data Shows FTX US Paused ETH Withdrawals for 2 Hours, Users Complain of Withdrawal Errors – Bitcoin News
After FTX International’s parent firm West Realm Shires Services filed for Chapter 11 bankruptcy protection in Delaware, users noticed that FTX US was included in the bankruptcy filings. On the U.S. e...
Doubt As A Data Point: Avoiding Fear-Based Decision-Making
Almost all important and productive change involves an element of fear. Nothing is a sure thing. But that’s what makes life exciting. That’s why I think it’s smart to embrace not only change, but the ...
Inflation data raises doubts about whether Fed will ‘stay the course’: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, November 11, 2022 Today’s newsletter...
On-Chain Data Shows Warning Signs For Bitcoin (BTC)
On-chain data indicates another warning sign for Bitcoin. The BTC price could dive further to $15K as mid-term Bitcoin holders, who purchased in the last 3-6 months, are sending their BTC holdings to ...
FTX partially resumes withdrawals, blockchain data shows
According to data from Etherscan on Nov. 10, troubled cryptocurrency exchange FTX appears to have resumed withdrawals. The exchange’s hot wallet address, which has remained inactive after FTX announce...
Bitcoin’s volatility doubles in a week mimicking FTX Token’s moves, data reveals
Just as it looked like the cryptocurrency market was recovering from a months-long crisis, the events surrounding one of the largest crypto exchanges in the world spiked volatility among the tokens th...
Cryptos Recover Slightly From FTX Fatigue With a Dose of Encouraging Inflation Data
Ether was recently changing hands over $1,300, up almost 17% from Wednesday, same time. All other cryptos in the top 20 by market capitalization were feeling more like themselves again, rising well in...
Crypto Market Positive To FTX Withdrawals Open, CPI Data
Crypto Market, FTX Withdrawals News Updates: The cryptocurrency market reacted positively to the news of FTX opening withdrawals, following prolonged bearish momentum earlier in the week. On chain dat...
Bitcoin price gains $1K in minutes as CPI data deals DXY fresh 2% dip
Bitcoin (BTC) surged $1,000 in five minutes before the Nov. 10 Wall Street open as United States inflation and jobs data boosted risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingVie...
Bitcoin Bounces On Lower Than Expected CPI Data
Bitcoin has taken 10% back in a dramatic move following the announcement of October CPI data. CPI came in below expectations, causing a melt up in risk assets including cryptocurrencies. Take a look a...
FTX Once Again Processing Withdrawals, On-Chain Data Shows
Struggling crypto exchange FTX appears to be processing withdrawals again, according to publicly available blockchain data. Data from Etherscan – an explorer for analyzing transactions on the Ethereu...
Binance Discloses Holdings Data of 6 Coins Totaling Approx $70B
The cryptocurrency exchange will be soon publishing Merkle tree proof of funds. The value of BNB tokens held by the exchange is $16.1 billion. The cold wallet addresses of Binance, the biggest cryptoc...
FTX appears to be processing withdrawals again, on-chain data show
Beleaguered crypto exchange FTX appears to have begun processing withdrawals again, following a more than 48-hour shutdown. Block explorer Etherscan shows that withdrawals began leaving the exch...
bitsCrunch and Cointelegraph Create Global Alliance to Develop NFT Data Analytics Tools
[PRESS RELEASE – Bangalore, India, 9th November 2022] bitsCrunch, a premier NFT analytics and forensics platform, and CoinTelegraph, a leading independent web3 media outlet, have announced today a glo...
Bitcoin spikes to $17,800 on better than expected CPI data
The release of October’s Consumer Price Index (CPI) data showed inflation at 7.7% year-on-year. This came in better than the estimated 7.9% figure. The initial response from Bitcoin saw a much-needed ...
Update: On-chain data suggests FTX has resumed withdrawals
FTX is allowing withdrawals again even as the future of the troubled crypto exchange remains more of an uncertainty. On-chain data on the block explore Etherscan shows withdrawals on FTX were being pr...
Bitcoin and ether up as U.S. inflation data below estimates at 7.7% in October
U.S. inflation is showing signs of cooling down as crypto markets remain tumultuous. Inflation in the U.S. came in at 7.7% in October. Based on FactSet data, analysts had predicted an 8% increa...
Bitcoin adds $15 billion in 15 minutes as CPI data comes in lower than expected
The pressure on the cryptocurrency industry caused by the FTX drama seems to be easing after the new U.S. Consumer Price Index (CPI) report revealed better results for October than previously expected...
Solana Whale Faces $51,000,000 Liquidation As SOL Tumbles Over 34% in One Day: On-Chain Data
A Solana (SOL) whale is struggling to stay afloat amid the current crypto market downstream that pulled SOL down 34% in one day. Colin Wu of Wu Blockchain tells his 237,100 Twitter followers that a So...
Friday’s Inflation Data May Have More of a Rates Impact Than CPI
(Bloomberg) — Traders are laser focused on Thursday’s key US consumer price figures, but inflation data a day later may be even more important in determining the near-term outlook for global mar...
Merrimack stock rockets 200% after positive trial data on Onivyde pancreatic cancer treatment
Shares of Merrimack Pharmaceuticals Inc. MACK, +212.75% skyrocketed 199.5% toward a 4 1/2-year high in morning trading Wednesday, after the France-based biopharmaceutical company Ipsen IPSEY, +3.10% I...
bitsCrunch and Cointelegraph create global alliance to bring NFT Data Analytics tools to the masses
Bangalore, India, 9th November, 2022, Chainwire bitsCrunch, a premier NFT analytics and forensics platform, and CoinTelegraph, a leading independent web3 media outlet, have announced today a global al...