As per the data by Bitcoin Mining Council, 46% of miners were using efficient methods and power sources for cryptocurrencies mining by the last day of 2021. This indicates that Bitcoin mining now look...
Tag: Data
Stocks Struggle After ‘Underwhelming’ Data From China Sparks Global Recession Fears
Topline The stock market moved slightly lower on Monday as disappointing economic data out of China led to rising concerns about a global recession and a drop in oil prices; meanwhile, investors are l...
Oil Prices Plunge To Six-Month Low As New Data Shows China Economy Unexpectedly Deteriorated Last Month
Topline Oil prices plummeted to the lowest level in months on Monday morning after worse-than-expected data from China showed its economy unexpectedly slowed last month—fueling concerns that weaker ma...
China Surprises With Rate Cut as Data Shows ‘Alarming’ Slowdown
(Bloomberg) — China’s central bank unexpectedly cut its key interest rates as it ramps up support for an economy weighed by Covid lockdowns and a deepening property downturn. Most Read from Bloo...
Stocks Set to Rise as Traders Await Key China Data: Markets Wrap
(Bloomberg) — A global rebound in stocks looks set to support Asian bourses as trading gets underway Monday ahead of key reports on China’s economic activity and liquidity operations by the nati...
Walmart, Target, Cisco, Deere, Housing Data, and Other Things for Investors to Watch This Week
Text size Earnings season continues next week in what will be an action-packed stretch for retail stocks. Walmart and Home Depot report results on Tuesday, followed by Bath & Body Works , Lowe’s, ...
How leveraging blockchain data can be a revolutionary act
The legitimacy of cryptocurrencies is under constant threat from bad actors. Wash trading is a huge issue, for example, and is widespread in NFT sales: one high-profile case was exposed on a popular m...
TUSD Receives Endorsement from Data Analysis Firm CryptoQuant
– Advertisement – Singapore, Singapore, 13th August, 2022, Chainwire TUSD has been endorsed by CryptoQuant, a data analysis firm for cryptocurrencies, ranking in the top eight in the stabl...
How data ownership redefines the relationship between artists and fans
Episode 76 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro, Audius Co-Founder Roneil Rumburg and Grammy award winning DJ and Audius Advisor, RAC. Listen below, and...
Ethereum Hits $2,000 But ETH Derivatives Data Suggests A quick End to the Rally
The world’s second-largest cryptocurrency Ethereum (ETH) has shot up another 5% in the last 24 hours hitting $2,000 levels for the first time since May 2022. The Ether (ETH) price has been rallying ha...
American Consumers Feeling More Confident, Data Shows
Topline Consumer sentiment improved this month after an all-time low reached in June, though consumers are still 21.6% less satisfied with the economy than this time last year, according to preliminar...
Derivatives data hint Ethereum rally may abruptly end in a ‘sell-the-news’ event
Ethereum (ETH) remains the center of attraction for the cryptocurrency sector ahead of the Merge upgrade as a section of the market bets on the asset to sustain a bullish momentum after the update. Ho...
Good news for Bitcoin: New CPI data suggests inflation has peaked
In this weeks episode of Market Talks we welcome senior market analyst at Cubic Analytics, Caleb Franzen. Caleb is a Senior Market Strategist at Cubic Analytics, analysing new data/charts on the econo...
On-Chain Data Points to One Concerning Sign Regarding Bitcoin Price
According to Glassnode, the latest Bitcoin rally seems to be showing signals of weaker accumulation, as seen in the Bitcoin accumulation trend score. “The Bitcoin Accumulation Trend Score has st...
KuCoin Pairs with DeFi Data Aggregator 1inch for Implementing Native Swap Function
The Seychelles-based crypto exchange KuCoin has announced a partnership with 1inch DeFi data aggregator to bring native token swap functionality to its in-house wallet. KuCoin has launched a decentral...
Trend forecaster G. Celente slams new CPI data, says ‘game is rigged’
After the new Consumer Price Index (CPI) report for July came out more favorable than expected, the stock and cryptocurrency market immediately went up, but one American trend forecaster believes more...
Dollar Softens as CPI Data Changes Fed Rate-Hike Expectations
Updated Aug. 10, 2022 1:36 pm ET | WSJ Pro 13:24 ET – Weaker-than-expected CPI has changed the market’s view of the Fed’s rate-increase trajectory over the next year or so, Bruce Clark, senior m...
Santiment Data Reveals Interesting Insights About The Crypto Space
Bitcoin, Ethereum and other altcoins have witnessed a massive gain over the last 24hrs, causing the entire crypto market to turn bullish. However, the analytics firm, Santiment, has stated that the s...
Is The Bitcoin Surge Due To An External Reason? What The Data Suggests
The world’s first and largest cryptocurrency is making gallant steps towards the greens in a recent outturn of events. Bitcoin is experiencing a sharp rise in price within its market. Recent trading a...
Crypto Market Turns Green as CPI Inflation Data Comes in Below Expectation
The cryptocurrency market is going up following the release of the US July Consumer Price Index (CPI). In contrast to the previous forecast, the US CPI inflation came in at 8.5%. While the figure is d...
$29K Bitcoin is closer than you might expect, according to derivatives data
Bitcoin (BTC) price continues to battle at the $24,000 resistance and the price was rejected there on Aug. 10, but the rejection was not enough to knock the price out of the 52-day-long ascending chan...
Dow Gains 300 Points After New Economic Data Indicates Inflation Has Peaked
Topline The stock market jumped for a second day in a row after more economic data showed that pricing pressures eased in July, which added to investors’ hopes that inflation may have peaked—though so...
Rising Unemployment Claims Signal ‘Rapid Deterioration’ In Job Market—But Here’s Why The Data May Be Misleading
Topline New jobless claims rose to the highest level in nine months last week as a growing number of firms continue to announce layoffs, but analysts aren’t so sure the seemingly rapid deteriora...
Ethereum Price Rises Past $1,900, Nearing 3-Month High Amid CPI Data Release
Ethereum prices rose past $1,900 today, nearing 3-month highs. After yesterday’s release of the CPI (Consumer Price Index) data for July, which revealed no change last month, cryptocurrencies like Bit...
Market Surge After US Inflation Data Has Skeptics Warning It’s Overdone
(Bloomberg) — The cooler-than-expected US inflation reading for July is a positive sign that has buoyed risk assets, but some investors may be getting a little ahead of themselves, according to ...
Can Bitcoin Grip Price Surge After Release Of CPI Data?
The global crypto market registered a decline since the beginning of this week after a broad recovery. As the investors hope for an upward trend, experts hints that the market is stuck in a decision s...
Bitcoin braces for US inflation data as CPI nerves halt BTC price gains
Bitcoin (BTC) hit multi-day lows on Aug. 10 as crypto traders braced for impact with fresh United States inflation data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: Market “co...
Altcoin Bull Run Upcoming? Inflation Data Instils Hope In Crypto Investors
With positive data coming on CPI data for July, the market responded bullishly giving signs of an altcoin bull run. Data showed that consumer prices grew 8.50% in July year on year, below expectations...
Bitcoin, Ethereum Skyrockets As CPI Data Shows Cooling Economy
U.S. Bureau of Labor Statistics issued the most awaited Consumer Price Index (CPI) data for the month of July. The positive CPI data has left the biggest crypto green. Bitcoin (BTC) and Ethereum (EHT)...
Privatixy protocol: Leveraging blockchain to address data security and privacy
Staying updated on cryptocurrency news is one sure way of knowing new cryptocurrencies with potential in the coin market. If you’re a regular in Reddit crypto forums and Crypto Twitter spaces, it will...