Key Notes Canary Capital XRP ETF, XRPC, has now gone live for trading on the Nasdaq exchange. CryptoQuant pointed out that whales acted before the launch of the spot XRP ETF. The US government shutdown did not significantly impact the launch of Canary Capital’s XRP ETF. Blockchain analytics platform CryptoQuant has pointed out that whales were active before the launch of spot XRP Exchange Traded Funds (ETFs). The firm made this statement following Nasdaq’s move to list Canary Capital’s ETF that will track the price of XRP. Canary Capital XRP…
Tag: Data
CleanSpark To Raise $1.1B For BTC mining, AI Data Center Expansion
Nasdaq-listed Bitcoin mining company CleanSpark is raising capital to expand its mining and data center operations, as major miners pivot toward artificial intelligence (AI) infrastructure. CleanSpark announced a $1.15 billion senior convertible note offering on Tuesday, aiming to raise more capital to expand its Bitcoin (BTC) mining operations. The miner estimates it will raise about $1.13 billion in net proceeds, or $1.28 billion if the initial purchasers exercise their full options to purchase additional convertible notes. The offering is expected to close on Nov. 13, subject to satisfactory closing conditions.…
Rumble (RUM) Rallies on Tether’s AI and Ad Commitments, Pending Northern Data Purchase
Rumble (RUM) shares jumped 21% in pre-market trading after saying it agreed to buy AI and high-performance-computing firm Northern Data AG (NB2), and stablecoin issuer Tether committed to buying up to $150 million of GPU services from the combined company. Longboat Key, Florida-based Rumble said it expected the all-share acquisition to be complete in the second quarter of next year. Investors in Frankfurt-based Northern Data will receive 2.0281 new Rumble shares for each NB2 share they own, and will end up with about 30% of the combined company. Tether and…
Is The Bitcoin Price Bottom In? Latest On-Chain Data Suggests So
As the Bitcoin market continues to experience a flurry of sales, which started in mid-October, recent on-chain data paints a somewhat optimistic picture of the cryptocurrency’s future. The question is — is the Bitcoin bottom in? Is A BTC Price Reversal Imminent? In a recent Quicktake post on the CryptoQuant platform, pseudonymous crypto pundit Sunny Mom shared that a bottom formation for the Bitcoin price may be around the corner. Sunny Mom’s post was based on four different on-chain metrics, all looking into the behavior of Bitcoin’s market participants. The…
Emerging Data Suggests Potential Bear Market Ahead
Following the crypto market crash on October 10, a bearish sentiment has dominated, with on-chain data indicating a continued decline in digital asset prices. Bitcoin (BTC), for instance, is nearing one of its worst weekly performances of the year, having recorded a 6% drop over the past seven days. The leading cryptocurrency has fallen below the critical $100,000 mark for four consecutive days. If this downward trend persists and is confirmed in the coming days, it could exacerbate selling pressure and further instill fear in the market, potentially leading to…
Ethereum Price Falls 25% But On-Chain Data and Institutional Staking Signal Q4 Recovery Potential
The Ethereum price dropped nearly 25% this quarter, slipping to lows around $3,099 before stabilizing around $3,300 amid broad market weakness and rising U.S.–China trade tensions. Related Reading Data from Lookonchain revealed that three new wallets withdrew 4,920 ETH (worth $16.25 million) from Tornado Cash, a move coinciding with a 13% weekly price drop. Analysts linked the pattern to large-scale repositioning by whales, with some addresses previously associated with HEX founder Richard Heart, who reportedly transferred over 162,000 ETH ($619 million) into Tornado Cash earlier this year. Despite the sell-off,…
Bitcoin at $100K is ‘speed bump’ to $56K, but data signals no signs of panic
Bloomberg analyst Mike McGlone says Bitcoin hitting $100,000 is “a speed bump” to $56,000, but other analysts say Bitcoin has bottomed out. Bitcoin’s price may decline by almost 50% if its current downward trend over the past month continues, says a traditional finance analyst. However, onchain analytics firm Glassnode suggested that Bitcoin’s (BTC) current downtrend may not be as severe as some market participants believe. Bloomberg analyst Mike McGlone said in an X post on Thursday that Bitcoin hitting $100,000 could be “a Speed Bump Toward $56,000.” Read more Original
Google Integrates Polymarket, Kalshi Prediction Market Data into Search Results
Key Notes Google Finance will showcase prediction market data alongside Deep Search and AI technical analysis tools for enhanced insights. Polymarket hit 477,850 active users in October as institutional investors valued the platform at $9 billion through ICE’s stake. The integration exposes decentralized prediction markets to over 8.5 billion daily Google searches amid regulatory expansion efforts. Global tech giant Google has moved to integrate prediction market data from Polymarket and Kalshi directly into search results, marking a new step in the company’s AI-driven finance strategy. Google’s November 5 press release…
Google Finance adds prediction markets data in new AI-powered update
The update brings real-time forecasting data from Kalshi and Polymarket to Google Finance, as more major platforms move into the growing prediction markets space. Google is incorporating prediction market data from Kalshi and Polymarket into its search results as part of its AI-powered upgrade, enabling users to view real-time probabilities for future market events directly within the platform. According to a Thursday announcement, the prediction market data will be available in the next couple of weeks, letting users view market odds and track how forecasts have shifted over time by…
‘Bitcoin $100K Break Was Emotional’ – On-Chain Data Shows No Structural Damage
Bitcoin has officially lost its footing below the critical $100,000 level, rattling markets and fueling a wave of fear-driven selling. The move comes after a sharp surge in bearish sentiment, with CryptoQuant data indicating that Bitcoin’s latest decline is largely psychological rather than fundamentally driven. Related Reading Over the past several days, the market has shifted from confidence to panic at remarkable speed. The Fear & Greed Index plunged to 21 — deep in fear territory — just days after BTC briefly tapped $107K. Bullish narratives calling for a $150K–$200K…