Data Archives

FTX advisers sharing customers’ data with FBI: Report

November 3, 2023 boss

Advisers for bankrupt crypto exchange FTX have been disclosing data from customers’ transactions and accounts with the Federal Bureau of Investigation (FBI), according to court documents seen by Bloomberg. In response to subpoenas issued by several FBI field offices during the past few months, FTX consultants turned over to law enforcement records of specific customers’ trades on the bankrupt crypto exchange. The FBI’s requests were disclosed on billing records from Alvarez and Marsal, a consultancy serving as financial advisers for FTX. Over the past few months, the firm’s staff extracted…

Bitcoin (BTC) Prices Slide to $34.2K Ahead of U.S. Nonfarm Payrolls Data

November 3, 2023 boss

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Solana’s SOL Rally Led by Buyers From Coinbase, Data Shows

November 3, 2023

In two weeks, the total value of assets locked in Solana-based DeFi protocols has declined from 12.03 million SOL to 10.23 million SOL, the lowest since April 2021, according to DefiLlama. TVL, though an imperfect measure, is widely tracked to gauge the usage of smart contracts. Source

Dune launches new AI to simplify crypto data queries

November 3, 2023

Dune Analytics launches DuneAI, enabling intuitive natural language crypto data queries for users. Leading web3 analytics platform Dune is venturing into AI with the introduction of new functionalities, including DuneAI, the Dune Data Hub and Dune Alert. According to its latest announcements, DuneAI will include features designed to simplify the extraction of crypto data insights. Leveraging a natural language processing engine similar to OpenAI’s ChatGPT4, DuneAI will allow users to gain crypto insights using chat functionalities without having to learn SQL commands. This will open the door for a broader…

Tether issues $610M debt financing to Bitcoin miner Northern Data

November 2, 2023 boss

Tether (USDT) stablecoin issuer is raising the bet on Bitcoin (BTC) mining by issuing a major debt facility to German-based BTC mining company Northern Data AG. Northern Data AG has secured a 575 million euro ($610 million) debt financing facility from Tether to drive further investments across its businesses, according to an announcement on Nov. 2. The debt capital specifically aims to enable Northern Data Group to invest in its three business lines including its artificial intelligence cloud service provider Taiga Cloud, Ardent Data Centers and Peak Mining, the company’s…

Ethereum long-term owners holding bags? Data says yes

November 1, 2023

Data from Glassnode shows that long-term ETH holders are still holding onto their positions while whales shy away from accumulating too much. The amount of ETH supply last active between 7-10 years ago hit an all-time high of over 5.3 million ETH. This indicates these long-term holders are not selling out of their positions. Additionally, the number of addresses holding 1,000+ ETH coins dropped to a five-year low of just over 6,000. This suggests that whale interest in the Ethereum protocol is likely to be currently lower than what it…

Bitcoin futures data highlight investors’ bullish view, but there’s a catch

October 31, 2023 boss

Bitcoin (BTC) price surged by 26.5% in October and several indicators hit a one-year high, including the BTC futures premium and the Grayscale GBTC discount. For this reason, it’s challenging to present a bearish thesis for BTC as data reflects the post-FTX-Alameda Research collapse recovery period and is also influenced by the recent increase in interest rates by the U.S. Federal Reserve. Despite the positive indicators, Bitcoin price still remains around 50% below its all-time high of $69,900 which was hit in November 2021. In contrast, gold is trading just…

Can PEPE Build On Its 60% Rise? Here’s What On-Chain Data Says

October 31, 2023

PEPE has observed an impressive 60% rally recently. Here’s what on-chain data says regarding whether this rise can continue. PEPE Has Seen Some On-Chain Metrics Light Up Recently In a new post on X, the market intelligence platform IntoTheBlock has discussed how PEPE is looking in terms of its on-chain indicators currently. The first metric of interest here is the profit/loss breakdown of the memecoin’s user base. The distribution of the PEPE holders based on whether they are in loss or profit | Source: IntoTheBlock on X As displayed above,…

Bitcoin options data highlights traders’ belief in further BTC price upside

October 30, 2023 boss

The recent gains are a rare sight in 2023, even considering Bitcoin’s impressive 108% year-to-date performance. Notably, the last instance of such price action occurred on March 14 when Bitcoin surged from $20,750 to $26,000 in just two days, marking a 25.2% price increase. Deribit BTC options daily volume, in BTC. Source: Deribit It’s worth noting the significance of the fact that a staggering 208,000 contracts changed hands in a mere two days. To put this into perspective, the prior peak, which occurred on August 18, saw a total of…