Tag: Data

Bitcoin derivatives data forecasts sub-$30K BTC price heading into Friday’s $800M options expiry

Bitcoin (BTC) briefly broke above $32,000 on May 31, but the excitement lasted less than four hours after the resistance level proved to be tougher than expected. The $32,300 level represented a 20% increase from the May 12 swing low at $27,000 and it provided the necessary hope for bulls to buy some $34,000 and higher call options. The fleeting optimism reverted to a sellers’ market on June 1 after BTC dumped 7.6% in less than six hours and pinned the price below $30,000. The negative move coincided with the…

‘Data DAO’ Delphia raises $60M Series A led by Multicoin Capital

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Algo-adviser startup Delphia has closed a $60 million investment round backed by some of crypto’s biggest venture funds as it embarks on the creation of a new data-focused decentralized autonomous organization (DAO).  The Series A was led by crypto-focused venture firm Multicoin Capital, with additional participation from Ribbit Capital, FTX Ventures, Valor Equity Partners, FJ Labs, Lattice Ventures and Cumberland. Delphia will use the funds to launch a new rewards token as well as expand the ways users can contribute data to algorithmic models, which will be used to enhance…

Biggest Ethereum Whales Load Up on One Exchange Token and Three Decentralized Finance Altcoins: On-Chain Data

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Ethereum’s richest bagholders are currently loading up on one exchange token, plus three other altcoins in the decentralized finance (DeFi) sector. According to data from blockchain tracking service WhaleStats, the top 100 Ethereum whales have their eye on WOO, the utility token that powers WOO Network, a decentralized exchange (DEX) that aims to provide deep liquidity and super-efficient order execution. At time of writing, WOO is the most purchased altcoin amongst Ethereum’s 100 biggest whales within the last 24 hours, excluding stablecoins. Behind WOO network, Ethereum’s biggest whales are accumulating…

Web3 is crucial for data sovereignty in the metaverse

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Wandering around the metaverse is like being in a computer game, but soon, it will look exactly like real life. Unlike some dystopian visions of the metaverse, I don’t think we will give up on reality and stop participating in the physical world. On the other hand, advancements in artificial intelligence content generation will likely lead to a photo-realistic metaverse featuring exact replicas of ourselves and propel us toward a hyper-reality that combines our real-world and digital lives. Everything we do today on the internet will happen in the metaverse,…

Chainlink launches price feeds on Solana to provide data to DeFi developers

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Blockchain oracle platform Chainlink has announced the launch of its price feeds on the Solana blockchain. The integration allows decentralized finance (DeFi) developers to use the feeds within their decentralized applications (DApps).  In an announcement sent to Cointelegraph, the blockchain oracle platform notes that upon launch, seven price feeds will be available to Solana developers, including BTC/USD, ETH/USD and USDC/USD. At the later stages of the integration, more Chainlink oracle services and price feeds will be made available. Anatoly Yakovenko, co-founder of Solana, believes the Chainlink integration will help developers building…

Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Hashrate Last Month – Mining Bitcoin News

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During the last 30 days, the price of bitcoin has lost more than 22% against the U.S. dollar but during that time, Bitcoin’s hashrate has remained above 200 exahash per second (EH/s). While 16 known mining pools mined the leading crypto asset during the last month, the top five mining pools retained 71.4% of the global hashrate. Out of 16 Pools, the Top Five Acquired Most of the Bitcoin Blocks Found Last Month The month of May is over and during the last 30 days 4,276 bitcoin (BTC) block rewards…

Accuweather Collaborates With API3 in Order to Provide Blockchain-Powered Weather Data – Blockchain Bitcoin News

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On June 1, the American media company that provides commercial weather forecasts, Accuweather, announced it is tethering weather data to blockchain technology by hosting an API3 Airnode. The company revealed that it is collaborating with blockchain oracle provider API3 and Web API operators will be able to access Accuweather’s onchain weather data. Accuweather Exec Believes Blockchain Weather Data Can Make ‘Lasting Impacts Through a Range of Industries’ According to the company Accuweather, the firm is hosting its own API3 oracle node in order to provide a “seamless Web3 wrapper that…