Tag: Data

US legislators renew call for EPA investigation of crypto mining emissions data

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United States Senator Edward Markey and Representative Jared Huffman announced on March 3 that they would reintroduce the Crypto-Asset Environmental Transparency Act in Congress. The move comes ahead of a Senate hearing on the environmental impact of crypto mining, which Markey will chair on March 7. Markey and Huffman first introduced the bill in December, in the previous Congress. Senator Jeff Merkley acted as a co-sponsor in the Senate. The bill would require crypto mining companies to disclose emissions for operations that consume more than 5 megawatts of power and…

Bitcoin ‘millionaires’ increased 140% as BTC price crossed $20K — data

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Bitcoin (BTC) millionaires are made when the BTC price crosses $20,000, data reveals. According to on-chain analytics firm Glassnode, there are currently over 67,000 BTC wallets worth $1 million or more. $20,000 makes 50-BTC hodlers happy Bitcoin is famous for its relationship with the $20,000 price tag. Prominent since becoming the all-time high of Bitcoin’s previous halving cycle, $20,000 is more than just a technical and psychological line in the sand. As Glassnode now shows, when BTC/USD crosses that price point, many hodlers either gain or lose U.S. dollar millionaire…

Derivatives data highlights crypto traders’ positive sentiment and belief in further upside

The recent weakness in the crypto market has not invalidated the six-week-long ascending trend, even after a failed test of the channel’s upper band on Feb. 21. The total crypto market capitalization remains above the psychological $1 trillion mark and, more importantly, cautiously optimistic after a new round of negative remarks from regulators. Total crypto market cap in USD, 12-hour. Source: TradingView As displayed above, the ascending channel initiated in mid-January has room for an additional 3.5% correction down to $1.025 trillion market capitalization while still sustaining the bullish formation.…

ICO publishes SME Data Essentials pilot evaluation report

The ICO is here to help SMEs unlock the value of the personal information they hold, responsibly. Getting good data practices in from the start will save organisations time and money and boost customer confidence. We have recently completed a pilot programme with up to 60 SMEs from across the UK, in which they have been trialling an e-learning and self-assessment programme. Named SME Data Essentials, it is aimed at empowering organisations to become better equipped to manage their own data compliance. Today we have published the pilot’s evaluation report…

ICO statement following Scottish Government’s consensual data protection audit

The Scottish Government has committed to implementing a series of recommendations, following an audit from the Information Commissioner’s Office (ICO). This will lead to improvements in the way people’s data is handled by the Scottish Government. In 2022, the ICO carried out a consensual data protection audit of various directorates of the Scottish Government. While the ICO observed existing good practice, there are crucial areas the Scottish Government needs to improve on. Areas identified for improvement include: Carrying out a data flow mapping exercise to fully understand how data is…

BTC Consolidates Ahead of Big Week of Economic Data – Market Updates Bitcoin News

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Bitcoin consolidated below the $24,000 level on Feb. 27, as cryptocurrency markets prepared for a big week of economic data. Durable goods orders from the United States will be released later today, with consumer confidence figures set for Tuesday. Ethereum rose back above $1,600, following a breakout on Sunday. Bitcoin Bitcoin (BTC) has largely been in consolidation in today’s session, as markets prepare for a big week of U.S. economic activity data. Following a low of $23,165.23 on Sunday, BTC/USD rose to an intraday high of $23,654.37 earlier in today’s…

Voyager is selling crypto assets through Coinbase, suggests on-chain data

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Voyager Digital, the centralized finance (CeFi) platform that filed for Chapter 11 bankruptcy in July 2022, is reportedly selling assets through the Coinbase crypto exchange. On-chain data suggest that Voyager received at least $100 million in USD Coin (USDC) in three days, starting Feb. 24. Since Valentine’s Day, Feb. 14, Voyager has sent crypto assets to Coinbase on an almost daily basis, alleges on-chain analyst Lookonchain. The investigation shows that Voyager transferred millions of dollars using a mixed bag of cryptocurrency tokens, including Ether (ETH), Shiba Inu (SHIB) and Chainlink…

Bitcoin on-chain data highlights key similarities between the 2019 and 2023 BTC price rally

Bitcoin’s (BTC) recent price rally from $16,500 to $25,000 can be attributed to a short squeeze in the futures market and recent macroeconomic improvements. However, while prices increased, data suggests that many interested buyers (including whales) were left on the sidelines.  The recent rally to $25,000 shared many similarities with the 2019 bear market rally, which saw a 330% surge in Bitcoin’s price to highs around $14,000 from the November 2019 low at $3,250. Recently, the BTC/USD pair rose 60% from its November 2022 low. On-chain and market indicators relative…

EU Metaverse Policy Should Consider Discrimination, Safety, Data Controls: Commission Official

“We want to make sure that the developments that we see in virtual worlds are fully in line with our European values from the outset – values such as inclusion, respect of privacy, non-discrimination and equality,” Yvo Volman, Director of Data at the European Commission’s digital department, DG CONNECT, said at an event hosted by the Commission in Brussels. Source