Tag: Data

Nvidia, defense sector stocks outperform Bitcoin in post-COVID era, data reveals

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New research reveals Nvidia’s 180% surge in stock price, with BAE Systems and Meta closely trailing, while Bitcoin registers a conservative 8.26% increase in the post-COVID period. A recent study conducted by Banking Methods has shed light on the dynamics of both stocks and cryptocurrencies, with a keen focus on Bitcoin‘s performance. According to the findings, Nvidia emerged as the frontrunner in the list of best-performing investments, boasting an impressive 180% increase in value during the post-COVID period. The tech giant’s shares skyrocketed from $293 in 2021 to a staggering…

Ethereum To See Fresh Move Soon? What Futures Data Says

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Data shows the Ethereum Open Interest has been trading at relatively low levels recently. Here’s what this could mean for the asset’s price. Ethereum Open Interest Has Been Moving Sideways Since Its Plunge As explained by an analyst in a CryptoQuant Quicktake post, the ETH Open Interest has followed a similar trajectory as the price of the cryptocurrency recently. The “Open Interest” here refers to the total number of derivative-related contracts open for Ethereum on all exchanges. When the value of this metric goes up, it means that investors are…

Data Ownership Protocol (DOP) Partners With Bitcoin.com to Pioneer Data Sovereignty in Crypto

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Integration Promises Enhanced Privacy for Bitcoin.com Wallet Users Bitcoin.com, a leading platform for cryptocurrency users, announces its strategic partnership with the Data Ownership Protocol (DOP) to empower users with unprecedented control over their data within the Bitcoin.com ecosystem and beyond. This collaboration marks a significant milestone in the quest for data sovereignty in the crypto […] Original

US, UK, Germany Among Countries With Largest Government Crypto Holdings, Arkham’s Data Shows

The United States, United Kingdom, and Germany rank among the top countries holding cryptocurrencies at the government level, according to data from Arkham Intelligence. The crypto analytic firm’s onchain analysis shows that the U.S. government holds 212,847 bitcoins while El Salvador has been purchasing one bitcoin daily as announced by its president. Top Government Holders […] Source CryptoX Portal

Avail, Blockchain Data Availability Project, Sketches Out Eligibility for Token Airdrop

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

While Some Think Bitcoin’s 12th-Largest Wallet Hides a Nation State, Onchain Data Shows an Exchange

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This week, the crypto community on social media has once again been buzzing about a bitcoin wallet called ‘Mr 100’ following a significant deposit of 100 bitcoin on April 10, 2024. Despite numerous assertions that the wallet is associated with the South Korean cryptocurrency exchange Upbit, a faction continues to believe that it is owned […] Original

Bitcoin Tumbles on Hot CPI Data, But This Analyst Stays Ultra Bullish: Here’s Why

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The better-than-expected United States Consumer Price Index (CPI) released on April 10 is already sending shock waves through the financial market. Bitcoin and most crypto assets are trading lower, extending losses recorded on April 9, weighing negatively against optimists. United States CPI Data Came In Hot According to Trading Economics data on April 10, CPI, a key economic metric for gauging inflation, rose 0.4% in March, pushing the annual inflation rate to 3.5%. Notably, this surpassed economist predictions and, most importantly, dashed hopes for the United States Federal Reserve (Fed)…