Tag: Data

Ethereum Up 12% In a Week, but Derivatives Data Suggests Caution

boss

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum is gradually regaining momentum after a recent correction, now trading above $1,700, reflecting a 12.2% increase over the past week. This recovery has drawn attention from analysts, who…

Bitcoin whales, pundits continued to stack throughout April, data shows

boss

The number of addresses holding more than a thousand Bitcoin has surged in April as whales continue to accumulate.  More than 60 new wallets holding over 1,000 Bitcoin (BTC) have appeared since early March, a signal of increasing whale activity.  The number of these whale wallets has increased from 2,037 in late February to hit a four-month high of 2,107 on April 15, according to Glassnode.  This has returned the metric to levels seen in two spikes in whale addresses in November and December, when crypto markets were surging following…

Analysts brace for Bitcoin slide on gloomy US manufacturing data

boss

Bitcoin’s spot price could take a hit after the US Federal Reserve reported some of the worst manufacturing data in recent history, according to several cryptocurrency analysts. On April 17, the Philadelphia Federal Reserve Manufacturing Index — a monthly survey of 250 US-based manufacturers — reported the sharpest declines in overall business activity since 2020.  The data puts Bitcoin (BTC) “under short term pressure,” researchers at Bitunix, a crypto exchange, said in a post on the X platform. They added that Bitcoin could still see a “strong comeback” if its…

Auradine Raises $153M Series C for Bitcoin (BTC) Mining, AI Data Center Networking

Auradine, a maker of computing equipment for bitcoin (BTC) mining and AI applications, said it raised $153 million in a Series C funding round. The Silicon Valley, California-based company also formed a new business group, AuraLinks AI, focused on open-standards to address cooling requirements of next-generation AI data centers. AI data centers and BTC mining share similarities in their operational requirements. Given the proliferation of AI in mainstream use in recent years, the subject of data centers is now commonplace in public discourse. This is significant for the cryptocurrency industry…

Auradine raises $153M, debuts business group for AI data centers

boss

Auradine, a Silicon Valley-based startup that specializes in equipment for AI data centers and Bitcoin mining, has announced a raise of $153 million in a Series C funding round. The new capital will go to increasing the company’s product suite of infrastructure for AI and blockchain technology. The Series C round was led by StepStone Group and included participation from Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, and others. Auradine said the round was oversubscribed but did not disclose by how much or at what valuation the funds…

Bitcoin Bulls Positioning Aggressively On Binance, Data Shows

boss

Data shows the Bitcoin Net Taker Volume has been highly positive on Binance recently, a sign that the bulls are putting up aggressive bets. Bitcoin Binance Net Taker Volume Is Currently At A Notable Positive Level As explained by CryptoQuant community analyst Maartunn in a new post on X, Bitcoin taker buyers have dominated the Binance platform during the last few days. The indicator of relevance here is the “Net Taker Volume,” which measures the difference between the taker buyer and taker seller volume on any given centralized exchange. When…

London Exchange Names S&P and IBM Veterans to Co-Lead Data Division

boss

Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module Maximising Broker Growth with B2CORE’s IB Module In this webinar recording, Morgan Williams, Product Director at B2Core, delivers a comprehensive overview of how B2Core’s IB module empowers brokers to build and scale their Introducing Broker (IB) programs. Discover how B2Core streamlines IB management, from efficient trader onboarding and automated commission tracking to providing IBs with…

$227,000,000 Worth of OM Tokens Moved to Crypto Exchanges Prior to 90% Price Collapse of Mantra: On-Chain Data

boss

Blockchain intelligence platform Lookonchain says that tokens of the real-world asset (RWA) crypto project Mantra (OM) worth hundreds of millions of dollars were transferred to digital asset exchanges before a massive price crash. Lookonchain says on the social media platform X that multiple wallets had sent millions of OM tokens to crypto exchanges prior to Mantra’s 90% price meltdown over the weekend. Based on Lookonchain’s data, some of the exchanges that received the deposits include OKX and Binance. “Who dropped the price of OM? Before the OM crash(since Apr 7th),…

Data Shows Whales Stay Calm While Bitcoin Climbs—What Are They Waiting For?

boss

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Mantra investors cashed out before OM token crashed 90% — Blockchain data

Blockchain analysts have identified large-scale token transfers by major Mantra investors in the days leading up to the sharp collapse of the OM token, raising questions about insider activity and the stability of the project. Laser Digital, a strategic Mantra investor, reportedly cashed out large portions of Mantra (OM) tokens before the cryptocurrency collapsed on April 13, onchain data suggests. At least two wallets linked to Laser Digital were among 17 wallets that moved a combined 43.6 million OM tokens — worth about $227 million at the time — to…