Tag: Data

Bitcoin sinks below $68k following US inflation data release

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March’s annual consumer price index in the U.S. was 3.5%, and Bitcoin reacted with a decline. Against this background, Bitcoin (BTC) experienced a sharp decline, reaching about $67,500. In monthly terms, according to the U.S. Department of Labor, inflation accelerated by 0.4% — significantly higher than the value from February. The Inflation Rate figure continued to rise for the third consecutive month since January. Source: Trading Economics Immediately after the publication of inflation data, Bitcoin’s price fell below $68,000. BTC had already experienced a drawdown, which caused a wave of…

Bitcoin Price (BTC) Lower After U.S. Inflation Data

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A series of Fed members have made clear they’re not inclined to begin easing monetary policy until seeing a sustained path, i.e., more than just one monthly report, of inflation trending downward. Traders, meanwhile, have quickly whittled away their expectations of rate cuts, and prior to this morning’s report had priced in just two or three for the full year, according to the CME FedWatch Tool. Original

Revolutionizing Data Ownership: DOP Secures $162 Million in Landmark Token Sale Ahead of Mainnet Launch

PRESS RELEASE. In an unprecedented demonstration of community support and market confidence, DOP (Data Ownership Protocol) has successfully raised $162 million through its recent token sale. This remarkable achievement not only underscores DOP’s innovative approach to data ownership but also positions it among the top 10 token sales in the history of cryptocurrency. DOP’s journey […] Source CryptoX Portal

BitMEX Founder Arthur Hayes Sends Over $1,000,000 Worth of GMX Tokens to Centralized Exchanges: On-Chain Data

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BitMEX founder Arthur Hayes has reportedly sent more than $1 million worth of the decentralized exchange (DEX) altcoin GMX (GMX) to centralized exchanges. Pseudonymous on-chain analyst EmberCN tells their 79,700 followers on the social media platform X that Hayes had controlled the largest personal address for GMX holders since 2022. On Sunday, the BitMEX founder transferred all his 237,000 GMX (worth $9.78 million) to a newly created address. That address subsequently sent 41,000 GMX worth $1.68 million to the centralized crypto exchanges Binance, OKX and Bybit, according to EmberCN. The…

ICO joins global data protection and privacy enforcement programme

The Information Commissioner’s Office (ICO) has signed onto a new international multilateral agreement with the Global Cooperation Arrangement for Privacy Enforcement (Global CAPE) to cooperate in cross-border data protection and privacy enforcement. As part of the Global CAPE, the ICO will be able to provide assistance with investigations and share information with member countries without having to enter separate memorandums of understanding with each nation. Global CAPE members include the United States, Australia, Canada, Mexico, Japan, the Republic of Korea, the Philippines, Singapore, and Chinese Taipei.   The ICO’s association…

US Government Transfers Nearly $2B in Bitcoin to Coinbase, Arkham Data Reveals

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On April 2, 2024, the U.S. government executed a transaction involving nearly $2 billion in bitcoin (BTC), channeling the assets to Coinbase Prime, as Arkham Intelligence’s data reveals. The transfer comprised 30,174.70 BTC, successfully processed at block height 837,413, incurring a fee of $1.57. In recent years, the U.S. has accumulated a noteworthy collection of […] Original

Bitcoin (BTC) Prices Drop Over 5% to Under $67K as Upbeat U.S. Factor Data Pushes Dollar Index Higher

“Markets are focused on the ISM report, though, with 10Y Treasury yields up 10bp on the back of the return of manufacturing growth and higher inflation readings from the sector. There are 20 or so individual Federal Reserve speeches this week, and the market is likely thinking that today’s outcome will make officials wary of committing to significant policy easing,” analysts at ING said in a note to clients on Monday. Source

Portugal Demands Halt To Biometric Data Collection

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In a recent development, Portugal’s data regulator, the National Commission for the Protection of Data, also known as the CNPD, has issued an order to stop Sam Altman’s iris scanning project, Worldcoin, from collecting biometric data for 90 days.  Worldcoin’s Compliance Under Fire According to a Reuters report, the CNPD’s suspension specifically targets the Worldcoin Foundation, a memberless entity based in the Cayman Islands, described on its website as the sole member and director of World Assets Ltd, a company registered in the British Virgin Islands responsible for issuing Worldcoin…