Tag: Data

Will Bitcoin Impede Or Support Altcoin Rally? On-Chain Data Signals Market Uncertainty

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According to an on-chain analyst on X, Bitcoin has decoupled from other cryptocurrencies or altcoins, which could lead to a severe price downturn within the market over the next day. Why Traders Should Brace For Impact In a July 18 post on the social media platform X, Joao Wedson, founder of crypto analytics firm Alphractal, reported that the Bitcoin price might witness a significant drop over the next day. The crypto analyst based his conclusion on multiple results obtained from on-chain analysis using three major metrics.  Related Reading First, Wedson…

Bitcoin Flat Despite Upbeat Economic Data

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Good news from the Department of Labor and Wall Street seems to have boosted everything except bitcoin today. Economic Data Buoys Stocks, But Bitcoin Doesn’t React U.S. jobless claims fell to a 3-month low on Thursday, and at least 44 companies beat their quarterly estimates this week. Stocks jumped on the news, but bitcoin ( […] Original

Talos Bolsters Platform With Acquisition of Crypto Data Provider Coin Metrics

Talos will acquire crypto data firm Coin Metrics in a deal worth over $100 million, creating the digital asset industry’s first integrated institutional data and investment management platform, both companies announced. Talos Acquires Coin Metrics in $100M+ Deal The acquisition, Talos‘s largest to date, combines Coin Metrics‘ market data, blockchain analytics, and indexes with Talos’s […] Source CryptoX Portal

Spot Volume Drop on Binance Preceded Bitcoin’s Price Surge, Data Shows

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Bitcoin surged to a new all-time high above $123,000 earlier today after crossing the $120,000 threshold late Sunday night. The move has added more than 10% to its value over the past week, pushing the global cryptocurrency market valuation above $3.87 trillion, inching toward the $4 trillion mark. The current rally has reignited discussions around volume dynamics and accumulation patterns, as analysts monitor potential early signals that may influence near-term market behavior. Related Reading Two contributors to CryptoQuant’s QuickTake platform, BorisVest and Darkfost, have highlighted technical patterns that emerged before…

Record Bitcoin Prices Fail to Spark Search Frenzy, Google Trends Data Shows

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While bitcoin hovers near record-breaking highs, data pulled from Google Trends shows that public curiosity about the top crypto asset remains surprisingly low. $119K Bitcoin and Crickets—Where’s the Retail Mania? On Sunday, bitcoin (BTC) broke into the $119,000 territory, notching a new all-time high of $119,444 on the crypto exchange Bitstamp. Throughout the week, BTC […] Original

Akave Unveils Enterprise Data Layer on Avalanche L1

Key Notes Akave has launched Akave Cloud, the first decentralized data layer on a dedicated Avalanche L1, targeting enterprise AI, DePIN, and SaaS clients. The launch comes as Avalanche sees major enterprise adoption from partners like Citi, the California DMV, and FIFA for its custom Subnet technology. Avalanche’s native token, AVAX, shows recent strength ahead of a key July 15 SEC deadline for a spot exchange-traded fund (ETF) decision. Akave, a decentralized storage network, has launched Akave Cloud on a dedicated Avalanche AVAX $19.49 24h volatility: 5.0% Market cap: $8.23…

Data of 27,000 Bitcoin Depot customers exposed in massive breach

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The crypto ATM operator kept the leak quiet for over a year, citing federal procedures and law enforcement investigations. According to a recent filing with the Maine Attorney General’s office, the breach was first detected on June 23, 2024, when Bitcoin Depot identified suspicious activity on its information systems. The firm deployed an investigation in response, engaging third-party security experts to determine the extent of the breach.  On July 18, 2024, the investigation confirmed that a hacker had accessed documents containing the personal data of 26,732 customers. The stolen information…

Bitcoin Depot Discloses Data Breach Affecting 27K Customers

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Crypto ATM operator Bitcoin Depot has only just notified its users of a data breach from mid-last year that exposed the private information of nearly 27,000 customers. In a notice to customers filed with attorneys general in Maine and Massachusetts on Monday, Bitcoin Depot said a total of 26,732 users’ data was affected by an “external system breach” that happened on June 23, 2024. A Bitcoin Depot spokesperson told Cointelegraph that “at the direction of federal law enforcement, we were asked to delay notification due to an active investigation into…

Bitcoin hit new highs as US debt rose to $36.6 trillion. Will macroeconomic data detail the BTC rally?

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Key takeaways: Exploding US debt and housing market stress could trigger a sharp BTC correction toward $95,000. Bitcoin’s price remains closely tied to macro trends, including Fed policy and institutional flows. The United States’ gross national debt increased by $367 billion on Monday, reaching an all-time high of $36.6 trillion. The surge followed US President Donald Trump’s approval of the “One Big Beautiful Bill,” which raised the debt ceiling by $5 trillion on Friday. Could this be the trigger for a Bitcoin (BTC) crash to $95,000? Analysts, including Kurt S.…

Data suggests $100,000 could be the current accumulation range for Bitcoin traders.

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Key takeaways:  Bitcoin’s monthly outflow/inflow ratio has dropped to 0.9, signaling renewed long-term confidence and accumulation. Despite aggressive short-side pressure on Binance derivatives, BTC has remained in a tight range between $100,000 and $110,000. Over 19,400 BTC were moved into institutional wallets, indicating strategic positioning by long-term holders. After breaking above the $100,000 level on May 8, Bitcoin (BTC) price has closed every day above the psychological level. While BTC posted a lower range deviation to $98,300 on June 22, the crypto asset remains close to new highs above $111,800. …