Tag: Data

Akave Unveils Enterprise Data Layer on Avalanche L1

Key Notes Akave has launched Akave Cloud, the first decentralized data layer on a dedicated Avalanche L1, targeting enterprise AI, DePIN, and SaaS clients. The launch comes as Avalanche sees major enterprise adoption from partners like Citi, the California DMV, and FIFA for its custom Subnet technology. Avalanche’s native token, AVAX, shows recent strength ahead of a key July 15 SEC deadline for a spot exchange-traded fund (ETF) decision. Akave, a decentralized storage network, has launched Akave Cloud on a dedicated Avalanche AVAX $19.49 24h volatility: 5.0% Market cap: $8.23…

Data of 27,000 Bitcoin Depot customers exposed in massive breach

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The crypto ATM operator kept the leak quiet for over a year, citing federal procedures and law enforcement investigations. According to a recent filing with the Maine Attorney General’s office, the breach was first detected on June 23, 2024, when Bitcoin Depot identified suspicious activity on its information systems. The firm deployed an investigation in response, engaging third-party security experts to determine the extent of the breach.  On July 18, 2024, the investigation confirmed that a hacker had accessed documents containing the personal data of 26,732 customers. The stolen information…

Bitcoin Depot Discloses Data Breach Affecting 27K Customers

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Crypto ATM operator Bitcoin Depot has only just notified its users of a data breach from mid-last year that exposed the private information of nearly 27,000 customers. In a notice to customers filed with attorneys general in Maine and Massachusetts on Monday, Bitcoin Depot said a total of 26,732 users’ data was affected by an “external system breach” that happened on June 23, 2024. A Bitcoin Depot spokesperson told Cointelegraph that “at the direction of federal law enforcement, we were asked to delay notification due to an active investigation into…

Bitcoin hit new highs as US debt rose to $36.6 trillion. Will macroeconomic data detail the BTC rally?

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Key takeaways: Exploding US debt and housing market stress could trigger a sharp BTC correction toward $95,000. Bitcoin’s price remains closely tied to macro trends, including Fed policy and institutional flows. The United States’ gross national debt increased by $367 billion on Monday, reaching an all-time high of $36.6 trillion. The surge followed US President Donald Trump’s approval of the “One Big Beautiful Bill,” which raised the debt ceiling by $5 trillion on Friday. Could this be the trigger for a Bitcoin (BTC) crash to $95,000? Analysts, including Kurt S.…

Data suggests $100,000 could be the current accumulation range for Bitcoin traders.

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Key takeaways:  Bitcoin’s monthly outflow/inflow ratio has dropped to 0.9, signaling renewed long-term confidence and accumulation. Despite aggressive short-side pressure on Binance derivatives, BTC has remained in a tight range between $100,000 and $110,000. Over 19,400 BTC were moved into institutional wallets, indicating strategic positioning by long-term holders. After breaking above the $100,000 level on May 8, Bitcoin (BTC) price has closed every day above the psychological level. While BTC posted a lower range deviation to $98,300 on June 22, the crypto asset remains close to new highs above $111,800. …

LetsBonk Surpasses Pump.fun in Daily Revenue, Per DefiLlama Data

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Solana memecoin launchpad, LetsBonk, surpassed its rival Pump.fun in 24-hour revenue, according to the data aggregated by decentralized finance (DeFi) platform DefiLlama.  The latest DefiLlama figures show that LetsBonk generated $1.04 million in revenue in the last 24 hours, nearly doubling Pump.fun’s revenue of $533,412. LetsBonk’s revenue surge marks a rare shift in dominance in the Solana memecoin sector, where Pump.fun typically held the top spot.  Both platforms offer simplified tools for launching and trading memecoins. However, LetsBonk appears to be gaining traction due to the support of the Bonk…

Are Bitcoin Retail Traders Back In The Market? On-Chain Data Suggests So

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Bitcoin started the month of July with a convincing rally to the upside, suggesting a sustained bullish sentiment amongst investors from its performance by the end of June. The upward rally, however, cooled off following the release of positive employment data by the United States. Traders might have expected this data to be typically bullish, but that has hardly been the reality for the Bitcoin price. Nevertheless, a certain investor cohort, as shown by on-chain revelation, has decided to return to the market and bet on the world’s largest cryptocurrency by…

ETH Rally to $3.2K Unlikely Based On Data

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Key takeaways: ETH failed to reclaim $2,600 as futures and options data show weak conviction from traders.  Ethereum’s layer-2 growth hasn’t translated into increased demand for ETH due to low rollup transaction fees. The Solana ETF launch undermined ETH’s altcoin leadership and reduced the odds of a rally above $3,200. Ether (ETH) gained 9% between Tuesday and Thursday but failed to break above the $2,600 mark. As the price rallied, traders pointed to a bullish technical formation known as a “golden cross” that could push ETH to $3,200, a level…

Bitcoin Mining Stocks Rally as Strong Jobs Data Lifts Market, Supports Soft-Landing Outlook

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Crypto mining stocks logged strong weekly gains, despite a pullback on Thursday, in a rally fueled by signs that a favorable macroeconomic backdrop could support the US Federal Reserve’s soft-landing narrative. Shares of Riot Platforms (RIOT), Hive Digital (HIVE), Hut 8 (HUT8), MARA Holdings (MARA), and Bitfarms (BITF) surged between 13% and 28% over the past four trading sessions, as US markets closed early on Thursday ahead of the Independence Day holiday weekend. The performance of crypto mining stocks from June 30 to July 3, 2025. Source: Google Finance In…

US Supreme Court Will Not Review IRS Case Involving Coinbase User Data

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The United States Supreme Court has refused to hear a case involving a Coinbase user alleging violations of his Fourth Amendment rights over data sent to the Internal Revenue Service (IRS). In a Monday notice, the country’s top court denied a motion to review James Harper’s case against the IRS and several of its officials. The case stemmed from the IRS compelling Coinbase to turn over data from certain users in a “John Doe” summons, resulting in Harper filing a lawsuit against the federal tax collection agency in 2020. Harper’s…