Tag: Data

Crypto Data Science Shop Gauntlet Launches Treasury Management System for DAOs

“The only institutions that are fully on-chain that could generate organic demand for these derivatives products are DAOs, which have a need to deploy tokens strategically to maximize their longevity,” Chitra said in an interview. “DAOs have this capital, so it’s about starting a flywheel where they send allocations to other on-chain protocols, which causes the liquidity to rise in those protocols and lowers the price for execution, and then it makes it easier for new DAOs to purchase. That feedback loop has been missing.” Source

Paradigm Leads $40M Series A for Blockchain Data Startup nxyz

Spun out of the private, ad-free search engine Neeva, nxyz aims to create fast, reliable and scalable blockchain indexing and data infrastructure, taking real-time data directly from the chains and their associated applications. The platform will provide developers with an application programming interface (API) suite to utilize that collected data. Source

Bitcoin Holders Bracing For A Bottom Should Check These Data

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Bitcoin bulls continue to feel the pinch as the currency has dropped 8.17 percent in value over the past seven days. BTC investors are looking forward to a market bottom, and Glassnode claims that the market has bottomed out. Nonetheless, whales and major institutions are currently in the accumulation phase, so it doesn’t matter if the market has bottomed out or is bottoming out right now. A research states that this accumulation indicates whales are increasing their purchases rather than preparing their portfolios for a sale. The indication for whales…

Tether stablecoin issuer freezes 8.2M USDT on Ethereum: Data

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Tether has frozen a total of 215 USDT addresses on Ethereum in 2022 so far, according to data compiled by ETH researcher Philippe Castonguay. Major stablecoin issuer Tether froze yet another batch of USDT on the Ethereum blockchain, freezing more than $8 million worth of the cryptocurrency. Crypto monitoring resource Whale Alert has identified several transactions that indicate Tether froze three USDT addresses on Oct. 10. According to data from transaction logs on Etherscan, the frozen addresses hold 3.4 million USDT, 1.95 million USDT and 2.9 million USDT. The addresses…

DIMO Helps Drivers Gain and Monetize Their Car Data

One Michigan-based driver sold his car for $7,000 more than what he would have at his local dealer just by using data gathered by DIMO, an open-source, decentralized project that aims to connect drivers and their data with developers and manufacturers. As DIMO sees it, car data can provide valuable and monetizable insights – but drivers often aren’t the ones benefiting. DIMO wants to change this. Source

BTC, ETH Fall to 1-Week Lows, as Markets Prepare for Big Week of Data – Market Updates Bitcoin News

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Bitcoin was trading near a key support point on Monday as markets prepared for a big week of economic data. The headline release will be Wednesday’s U.S. inflation report, which is forecasted to come in at 8.1% for September, which is lower than August’s rate of 8.3%. Ethereum was also in the red, as the token slipped to a one-week low to start the week. Bitcoin Bitcoin started the week trading at a seven-day low, as markets prepared for a big week of economic data. BTC/USD slipped to a bottom…

Bitcoin price gives up key trend line as US jobs data deals 5% losses

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A snap unemployment report sparks an instant risk asset sell-off, with BTC price action staying below $20,000 since. Bitcoin (BTC) stayed near the lower end of its trading range into Oct. 8 after bulls failed to recoup macro-induced losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $20,000 disappears into weekend Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $19,500 at the time of writing. Lows of $19,340 appeared on Bitstamp the day prior before consolidation began. The pair had seen swift, if predictable, downside accompany United States unemployment…