Tag: Data

Space and Time and Microsoft Make Blockchain Data Accessible on Azure Marketplace – Press release Bitcoin News

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press release PRESS RELEASE. Seattle, WA, April 19, 2023 — Space and Time and Microsoft announce that developers can now deploy the Space and Time data warehouse directly from the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. The one-click deployment provides customers with an accelerated on-ramp to easily access, manage and perform analytics on blockchain-native data. As a leader in intelligent computing and AI, Microsoft is committed to supporting its customers and partners with their business needs, including Web3 scenarios and use cases.…

Microsoft Azure Marketplace integrates on-ramp to blockchain data

Web3 data company Space and Time has announced that developers can now deploy their data warehouse directly from the Azure Marketplace, Microsoft’s online store that provides services and applications to use on Azure. In an announcement sent to Cointelegraph, Space and Time said developers will have an accelerated on-ramp to access, analyze and manage native blockchain data. This allows developers to quickly onboard large enterprise data volumes to smart contracts and new use cases for indexed blockchain data. Through the integration, businesses will be able to access decentralized data without…

Microsoft Partners With Space and Time to Add Real-Time Blockchain Data for Azure Cloud

“Partnering with Microsoft makes a lot of sense for us and to build with Azure adds a tremendous amount of value for our organization as we build these pillars to ensure that the world has verifiable data in a time where the complexity of data and the transparency of data is going to be more vital than it’s ever been,” Space and Time co-founder and CEO Nate Holiday told CoinDesk in an interview. Source

Solana on-chain and derivatives data highlight the limitations of SOL’s potential price breakout

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Solana saw two positive developments this week with the launch of the Saga Android-based smartphone powered by Solana blockchain and the retail trading debut of Grayscale’s Solana Trust shares. The developments along with bullishness in the broader market, boosted the price of SOL by 29.05% from April 11 to a monthly high of $26.03. While the mobile launch positively boosts the Solana ecosystem, the Saga phone appears overpriced at over $1,000 apiece. Nevertheless, the smartphone received positive reviews in user experience and quality. Independent cryptocurrency investor, Amy Wu, noted that…

Bitcoin on-chain data highlights the steps BTC is taking to exit the bear market

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Glassnode’s latest analysis suggests that Bitcoin has built a strong foundation below the $30,000 level, and the current supply structure shows similarities to early 2016 and early 2019. The report shows that the Long-Term Holder (LTH) supply is just shy of a new all-time high with a total supply balance of 14.161 million BTC. In contrast, short-term holders (STH), who acquired coins after FTX failed, have seen their supply balance of 2.914 million BTC remain relatively constant in 2023. Long-term holders are unfazed despite major downturns By April 12, 155…

Polygon calls on EU lawmakers to address smart contracts in Data Act

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Polygon Labs, the core company behind the development of Ethereum layer-2 scaling solution Polygon, has called on policymakers in the European Union to “clarify the scope and intent” of legislation targeting smart contracts. In an open letter published to members of the European Parliament, the European Council and the European Commission on April 17, Polygon Labs proposed Article 30 under the Data Act be amended to apply to permissioned smart-contract-based-systems owned and operated by an “enterprise,” as opposed to permissionless under the current wording. The platform said hardware wallet developer Ledger…

The need for real, viable data in AI

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Artificial intelligence (AI) is undeniably a hot technology at the moment, with the industry projected to be worth $22.6 billion by 2025. Over the past year, everyday people saw AI-generated images and filters across social media as well as Open AI’s tools, ChatGPT and DALL-E, explode seemingly overnight.  While AI shows significant signs of promise, it still has a long way to go before companies and consumers can seriously rely on it for important tasks. For example, ChatGPT is able to formulate text, but it is not advanced enough to…

Ethereum on-chain data forecasts the withdrawal of 1.4M ETH over the next few days

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Ethereum’s long-anticipated Shanghai and Capella upgrade was activated on April 12 and the total withdrawals in the first 40 hours after the Shapella upgrade stood at 142,425 ETH, per Nansen data. This falls in line with previous estimates.  For a brief moment on April 12, when Shapella was activated, the deposits to ETH staking contracts outpaced withdrawals. However, deposits have slowed down come April 13 while the withdrawals are going strong. ETH moved for withdrawals The validators are required to update their staking software clients with withdrawal credentials changed to…

How on-chain data can make you a better trader

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In this week’s episode of Market Talks, Cointelegraph welcomes Miguel Morel, CEO of Arkham Intelligence — a blockchain intelligence company that has built a platform that provides information on real-world entities and individuals behind crypto market activity. In today’s discussion with Morel, we will explore how and why on-chain data is useful and perhaps some ways that technical traders should be using it. We will also talk about what might be next for the Ethereum network now that withdrawals are activated after the successful implementation of the Shanghai upgrade, and how on-chain…

Bitcoin derivatives data shows bulls positioning for further BTC price upside

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Bitcoin (BTC) price maintained the $30,000 support as lower-than-expected U.S. Consumer Price Index (CPI) data released on April 12. The official inflation rate for March increased 5% year on year, which was slightly less than the 5.1% consensus. It was the lowest reading since May 2021, but is still significantly higher than the Federal Reserve’s 2% target. The data suggests that inflation is no longer the driving force behind Bitcoin’s rally and Investors’ focus shifted from the impact of inflationary pressure to potential recession risks after the banking crisis revealed…