Tag: Data

Cointelegraph joins forces with Nansen to boost crypto journalism with onchain data

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Cointelegraph has entered into a partnership with leading blockchain analytics platform Nansen, establishing Nansen as the go-to onchain data source across Cointelegraph’s global news desk, ensuring that millions of crypto readers have access to actionable, real-time insights directly from the blockchain. Nansen is the leading onchain analytics platform, delivering real-time onchain intelligence to traders, investors and builders. Through AI-powered tools and surfacing actionable insights, Nansen empowers users to navigate crypto markets with confidence — enabling onchain discovery, due diligence and defense. The partnership formalises a push by media outlets to…

Amazon Invests $13B in AI Data Centers in Australia by 2029

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Online retail and cloud computing giant Amazon plans to invest more than $13 billion in Australia’s artificial intelligence and cloud infrastructure, the company announced on Saturday. Amazon plans to invest 20 billion Australian dollars ($13.4 billion) by 2029 to expand Australia’s AI and cloud capabilities, marking the country’s largest publicly announced technology investment to date by a global company. The investment will go toward expanding, operating and maintaining Amazon Web Services (AWS) data centers in the country. “This is the largest investment our country has seen from a global technology…

$200K BTC by Year-End is Now Firmly in Play, Analyst Says After Muted U.S. May Inflation Data

Wednesday’s softer-than-expected U.S. inflation has likely set the stage for accelerated gains in bitcoin , potentially to $200,000 by the end of the year, according to Matt Mena, crypto research strategist at 21Shares. “If BTC breaks out of the $105K-$110K range with conviction, we could see a sharp move to $120K and, more importantly, reach our year-end price target of $138.5K by the end of the summer,” Mena told CoinDesk in an email. “Today’s CPI print may serve as a bullish catalyst for Bitcoin – and it may be the unlock…

Bitcoin Targets $115K After US CPI Data Favors Investors

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Key takeaways: Bitcoin investor sentiment hits a 7-month high, with a bullish pennant forecasting a rally to $115,000. Today’s CPI print and the chance for a lower-than-expected PPI on June 12 could drive BTC price higher. Bitcoin (BTC) price briefly rallied above $110,000 on Wednesday after US Consumer Price Index (CPI) data came in cooler than expected at 2.4% year-over-year (forecast: 2.5%). Core CPI also beat estimates at 2.8% (forecast: 2.9%). The US Dollar Index (DXY) plummeted to 98.5, a multimonth low, with markets swiftly adjusting to the Federal Reserve’s…

SQD Network Launches Oceanstream to Deliver Real-Time Blockchain Financial Data

Decentralized data-lakehouse SQD Network has launched Oceanstream, a platform that provides real-time, institutional-grade financial data from over 200 blockchains. Data From 200 Blockchains in Real Time SQD Network, a decentralized data-lakehouse, announced on June 10 the launch of Oceanstream, a platform designed to deliver institutional-grade financial data from more than 200 blockchains in real time. […] Source CryptoX Portal

On-Chain Data Flashes Bullish: Is Bitcoin Ready for a $110K Comeback?

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Bitcoin has resumed its upward trajectory, registering a modest 1.6% gain over the last 24 hours to trade at $107,428. The recovery comes after last week’s dip toward $100,000 levels, which had been triggered by market-wide volatility and profit-taking. While BTC remains approximately 4.2% below its all-time high of $111,000 reached last month, the weekly trend still reflects a 3.3% increase, suggesting buyers are gradually regaining confidence. This market behavior is mirrored in a set of on-chain indicators recently analyzed by CryptoQuant contributor Amr Taha. Bitcoin On-Chain Metrics Reflect Accumulation…

Bitcoin Price Volatility Looms Ahead of CPI Data, but BTC $140K Rally Possible.

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Key takeaways: Bitcoin price may dip toward the $100,000-$104,000 range before new highs. CPI data on June 11 could trigger volatility, with higher inflation hurting Bitcoin. BTC is forming bullish cup-and-handle and bull flag patterns targeting $140,000. After last week’s volatility fueled by the Trump-Musk public breakup, Bitcoin (BTC) price has established a range between $103,800 and $106,900 over the last three days. With BTC failing to demonstrate a clear directional bias in the daily time frame, analysts said the price may dip lower before reaching new all-time highs. Will…