Data doesn’t show Bitcoin as an inflation hedge at present, according to Chainalysis

Data from blockchain analytics firm Chainalysis suggests that Bitcoin (BTC) may not be the hedge against inflation that many seem to believe it is. “Right now, we can't show a statistically significant correlation between inflation in the US and Bitcoin prices, but we know anecdotally that many people invest in Bitcoin as a hedge against inflation,” Chainalysis’ head of research, Kim Grauer, told Cointelegraph on Aug. 31 when asked about her thoughts on current inflation in the U.S. and its impact on Bitcoin. U.S. inflation has been a hot topic over the past…

Bitcoin, Ethereum, Crypto News and Price Data

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New YouHodler Data Shows True Health of Crypto Markets — CoinDesk

YouHodler builds bridges between the fiat and crypto worlds, using crypto assets as either collateral for fiat lending, or through savings and lending products. In the three months leading up to Sept. 14, the most popular savings coin was the stablecoin USDT (17.7% of the total), followed by ethereum (13.1%) and then bitcoin (12.9%). Indeed, in the list of the top 30 most popular savings coins, there are seven stablecoins, including USDC, EURS, DAI and BUSD. CryptoX Portal

International progress for domestic benefit: why the ICO convened a G7 meeting on data flows

A blog by Elizabeth Denham, UK Information Commissioner 20 September 2021 The free flow of data between countries is crucial for UK businesses. It enables international trade, opens up backroom efficiencies like cloud services, and accelerates data-driven innovation. That importance is recognised in ‘data free flows with trust’ being a focus at recent G20 and G7 meetings. As a regulator, my office plays an important role in the trust aspect of that ambition. We oversee the checks and balances that reassure people their data is protected, and that new data-driven…

El Salvador ranks third in global Bitcoin ATM installations, data finds

El Salvador now hosts the third-largest network of crypto ATMs after the United States and Canada, amounting to 70% of all crypto ATMs in South America. According to data from Coin ATM Radar, El Salvador has exceeded United Kingdom’s crypto ATM count after deploying 205 crypto ATMs to date to facilitate local Bitcoin transactions and BTC to U.S. dollar conversions.  Comparing this to Statista data from August 16, it becomes evident that El Salvador has successfully installed 201 ATMs in just one month. Beforehand, the country ranked 43rd on the…

Ethereum options data suggests the battle for $4K ETH is at least a week away

For the past 40 days, Ether (ETH) traded in a modest uptrend, respecting a narrow channel most of the time. The absolute leader of the smart contracts sector enjoyed a brief rally toward $4,000 in the first week of Sept., but a subsequent crash brought the price into the ascending channel. Ether price at Bitstamp in USD. Source: TradingView During this time, NFTs posted record-breaking transactions in August, clogging the Ethereum network and causing average transaction fees to surpass $40 in early September. Although NFT trading volume has continued to…

On-Chain Data Shows Bitcoin Whales Hold Fort Despite Recent Dips

On-chain data shows Bitcoin whales haven’t budged despite the recent dips, and are rather continuing to accumulate more. Whales Continue To Accumulate More Bitcoin As pointed out by a CryptoQuant post, the Bitcoin sum coin age (SCA) indicator has been going up, showing long-term holders are continuing to accumulate. The SCA is a BTC metric that tells us about the distribution of long-term holders. It’s calculated by taking the product of the UTxO (Unspent Transaction Output) alive days and the UTxO value. The “age” of a coin is measured in…

Bitcoin historical data reveals strategy to pick the right iPhone 13

Bitcoin (BTC) and Ether (ETH) historical data make selecting the right Apple iPhone 13 model quite easy for crypto enthusiasts.  Apple unveiled four different smartphone models on Tuesday, the iPhone 13 and iPhone 13 mini, with a new camera layout, as well as the Super Retina XDR display-bearing iPhone 13 Pro and iPhone 13 Pro Max, each with several storage options. With so many different models available in a wide price range, it becomes hard for customers to pick a specific model as a replacement for their current gadget. For…

Blog: Sharing personal data in an emergency – a guide for universities and colleges

A blog by Viv Adams, Principal Policy Adviser in the ICO Parliament and Government Affairs team 14 September 2021 Starting university or further education can be an exciting time, but for some it can also be a difficult and anxious transition. We know that universities and colleges work hard to provide support to students who are struggling. That means that universities often have to handle sensitive personal information about them. And we are aware that, sometimes, universities are hesitant to share students’ personal data in an urgent or emergency situation,…

New certification schemes will “raise the bar” of data protection in children’s privacy, age assurance and asset disposal

The Information Commissioner’s Office (ICO) has approved the first UK GDPR certification scheme criteria. Certification was brought in under the UK GDPR as a way to help organisations demonstrate compliance with data protection rules and, in turn inspire trust and confidence in the people who use their products, processes and services. Certification works by providing a framework for organisations to follow, which offers clients and customers assurance that they are adhering to strong standards. Organisations with expertise in a particular area can develop scheme criteria. The ICO has approved the…