Tag: Data

BTC price cools on latest US data as Bitcoin liquidates $80M in shorts

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Bitcoin (BTC) trended toward $24,000 at the Feb. 16 Wall Street open after fresh macroeconomic data from the United States overshot estimates. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hot U.S. PPI data “rattles” markets Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retracing some of its latest gains on the day, trading at around $24,400 on Bitstamp at the time of writing. The pair had hit $24,895 on Bitstamp overnight, marking its highest levels in six months as a surprise rally appeared to catch many traders off-guard. Over the…

Bitcoin BTC Price, Ether ETH Price Drop as Investors Fret Over Inflation Data, Stablecoin Regulation

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Decentralized Finance Protocol MakerDAO Integrates Blockchain Data Provider Chainlink to Maintain DAI Stablecoin Stability

“The advancement of the technology backing stablecoins is a necessary component to unlock the future of finance,” said Johann Eid, vice president of Go-To-Market at Chainlink Labs, the developer firm behind Chainlink. “As more and more traditional financial institutions partner with MakerDAO and assess the applicability of DeFi, the required underlying infrastructure becomes increasingly complex,” he said about the integration. Source

Democratic Lawmakers Look to Compel Crypto Miners to Disclose Energy and Emissions Data

The letter asked Granholm when the energy administration will implement a rule that makes it mandatory for firms to disclose energy data, and when the EPA plans to start collecting data from miners that generate more than the annual equivalent of 25,000 tons of carbon dioxide. The EPA has the authority to collect emissions data from all firms above that threshold, and at least two miners, Greenidge Generation (GREE) and Stronghold Digital Mining (SDIG), generated around 10 times more than the minimum in 2021. Source

Chainlink oracle, data feeds coming to StarkNet ecosystem

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Blockchain scaling technology firm StarkWare is set to partner with Chainlink Labs to bring oracle services, data and price feeds to the StarkNet ecosystem. The coalition will see StarkWare join Chainlink’s Scale program and brings Chainlink price feeds to StarkNet’s testnet. StarkNet tokens will also fund certain operating costs for Chainlink oracle nodes, giving Starket developers access to Chainlink oracle services and data feeds. Chainlink is a decentralized oracle network that enables smart contracts to securely access off-chain data sources, APIs and payment systems. It allows smart contracts to interact…

Bitcoin Price Little-Changed on Soft Economic Data Ahead of Fed Meeting

Bitcoin (BTC) barely noticed the news, continuing to trade flat over the last 24 hours at just above $23,000. After a brutal 2022, the crypto has moved higher so far this year, in part as many are expecting a slowdown in the economy and inflation, and perhaps easier monetary policy from the U.S. Federal Reserve. Source AheadBitcoindataEconomicFedLittleChangedMeetingPriceSoft CryptoX Portal