Ethereum as a Proof-of-Stake (PoS) consensus model is still in its infancy, and on-chain data has started picking up some minor flaws in its organization. According to data from blockchain analytics p...
Tag: Data
AVAX Price Rebound Fails To Breach $22 Resistance Due To High CPI Data
AVAX had time to recoup from June to July and then in August, the token slipped and formed a bullish cup and handle pattern. AVAX intraday trading volume indicates a 38.7% plunge Avalanche sellers suc...
Santiment data shows 2 addresses controlling over 45% of Ethereum transactions post-merge
Two addresses have processed over 45% of Ethereum (ETH) transactions since the blockchain network completed its transition to a proof-of-stake (PoS) consensus mechanism, according to Santiment data. 📊...
Crypto Analyst Warns To Stay Cautious on Bitcoin As Inflation Data Puts Pressure on BTC
A leading crypto analyst is warning his followers about possible Bitcoin (BTC) pitfalls as inflation data puts the pressure on the king crypto. In a new strategy session, crypto trader Benjamin Cowen ...
Data Shows Middle Income Countries Driving Worldwide Crypto Adoption
Crypto adoption across the world has been accelerated in the last couple of years due to the multiple bull rallies. With the recent bear market, there has been a decline in the adoption rate, and it h...
SHIB Is One of Most Viewed Assets Worldwide on Major Crypto Data Portal
Gamza Khanzadaev Shiba Inu is one of most interesting cryptocurrencies across globe, according to CoinMarketCap According to CoinMarketCap’s analysis of the crypto market for August, Shiba Inu h...
Mixed Inflation Data Fails To Start A Crypto Rally
The Producer Price Index for the month of August was just released. The data highlights a -0.1% MoM change in producer prices. It is also what most economists estimated the PPI to be. Meanwhile, the c...
Reason behind the decline of Bitcoin after CPI data- and it isn’t bad –
The price of Bitcoin has been declining from the beginning of the US session after US Consumer Price Index Inflation stood at the top of predictions of economists. Currently, the bitcoin is trading a...
US Inflation Data Roils Markets, Bitcoin and Ether Fall
● Bitcoin (BTC): $20,272 −9.5% ● Ether (ETH): $1,615 −6.4% ● CoinDesk Market Index (CMI): $1,019 −7.1% ● S&P 500 daily close: 3,932.69 −4.3% ● Gold: $1,712 per troy ounce −0.9% ● Ten-year Treasury...
Buy The Dip Sentiment Continues To Wane In The Face Of Consistent Market Slumps Following US CPI Data Releases ⋆ ZyCrypto
Advertisement     In a tweet on Wednesday, on-chain analytics firm Santiment Feed disclosed that traders are showing little interest in buying the dip despite signific...
AUD/USD forecast ahead of Australia jobs and US retail sales data
The Australian dollar (AUD/USD) plummeted to the lowest level in more than a week amid a persistent strong US dollar. It dropped to a low of 0.6700, which was about 3% below the highest point this wee...
Treasury bond yields drop: what it means ahead of consumer prices data
Bond yields dropped on Monday as markets await critical consumer prices data that could determine the rate at which the Federal Reserve will raise interest rates when it meets. The Fed will release co...
Inflation Is Sticker Than It Looks. Consider the Cleveland Fed’s Data
Text size The food index increased by 11.4% year over year in August, according to the government’s latest CPI release. Brandon Bell/Getty Images Inflation is sticky — and even stickier than it ...
US Inflation Data Lashing Crypto Market
The United States Bureau of Labor Statistics (BLS) released its inflation data for August, with the Consumer Price Index (CPI) coming in at 8.3% year-on-year (YoY). The market is concerned about risin...
Unusually Large Interest Hike Now Extremely Likely After Bad CPI Data
The Consumer Price Index released today is not good news for the crypto market. The CPI data points to an 8.3% YoY inflation, instead of the expected 8.1%. The core CPI is also worse than expected. As...
Bitcoin battles whales above $22K as BTC price faces US CPI data
Bitcoin (BTC) continued to battle major resistance on Sep. 13 as markets prepared for United States inflation numbers. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Serious” whales pres...
Bitcoin Brutalized After August CPI Data Release
In this episode of NewsBTC’s daily technical analysis videos, we take a look at Bitcoin price action following today’s selloff in reaction to August CPI numbers. Take a look at the video below: BTCUSD...
Bitcoin Has Not Bottomed Out, Data Suggests; Ether and Other Altcoins Fall in Monday Trading
In an interview on CoinDesk’s “First Mover” TV program, Lex Sokolin, head economist of decentralized protocols at software company ConsenSys, said that cryptocurrencies respond to ex...
U.S. Stocks Plummet Amid Worse Than Expected Inflation Data
NEW YORK – OCTOBER 07: A bronze statue of a bull fighting with a bear is displayed at the Museum of … [+] American Finance October 7, 2008 on Wall St. in New York City. An affiliate of the...
Any doubt Fed will raise rates by 75 basis points next week is gone after hot U.S. inflation data
Any doubt that the Federal Reserve will raise its its benchmark interest rate by 0.75 percentage point next week is gone, economists said, following the hot U.S. consumer price inflation data for Augu...
$290,000,000 in Bitcoin and Crypto Liquidated As Inflation Data Pummels Markets
Nearly $300 million worth of Bitcoin (BTC) and other crypto assets have disappeared from the markets as inflation continues to surge. According to crypto data aggregator Coinglass, the digital assets ...
Crypto data infrastructure platform Goldsky raises $20 million seed round
Crypto data infrastructure platform Goldsky said on Monday that it had closed a $20 million seed round led by VC firms Felicis and Dragonfly Capital. Investors also included the entrepreneur Elad Gil,...
US dollar index (DXY) forecast ahead of retail sales and inflation data
The US dollar index has retreated sharply in the past few days as investors focus on the upcoming US inflation and retail sales data. It has fallen in the past five straight days and moved to the lowe...
Key levels to watch for Tesla stock (TSLA) ahead of CPI data
With the Consumer Price Index (CPI) reading set to come out on September 13, it seems that all eyes will be on how successful the Federal Reserve’s (Fed) fight against inflation actually is. Even Tesl...
Dow Futures Jumps 0.5% as Wall Street Anticipates CPI Data
The Consumer Price Index (CPI) report for the month of August is billed to be released on Tuesday. The current outlook of the United States Stock market is a bullish one with the futures tied to the D...
Dow Jones Futures Rise Ahead Of Tuesday’s CPI Inflation Rate Data
Dow Jones futures were higher after Monday’s stock market rally ahead of Tuesday’s key inflation reading, the Labor Department’s consumer price index, or CPI. Apple stock made a bull...
How decentralized data lakes solve Web3 scaling
Co-Founder and CEO of KYVE Network, Fabian Riewe, gave an exclusive interview to CryptoSlate, where he described how KYVE offers a scalability solution for Web3 by leveraging decentralized data lakes....
US Inflation Data Will Determine If Stock Rally Continues
(Bloomberg) — The S&P 500 Index is on a roll, posting its best four-day rally since early July partly on the back of hopes that inflation data due Tuesday morning will show some cooling off ...
GBP/JPY Crosses 166 Ahead of UK Data Dump
Asian Indices The ASX 200 index for Australia increased by 75.2 points (1.09%) and is now trading at 6,969.40. The Nikkei 225 index of Japan is now trading at 28,215.57 after increasing by 150.29 poin...
Why Bitcoin Maxis Should Worry About This Data
Bitcoin is a long way down from its all-time high of $68.8K. It is currently trading near the $22K range. Bitcoin supporters have labeled this downfall a result of a combination of macroeconomic condi...