Tag: Data

Bitcoin leaps toward $90K as US jobs data offers pre-crypto summit boost

Bitcoin (BTC) stayed close to $90,000 at the March 7 Wall Street open as positive US commentary accompanied the White House Crypto Summit. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin seeks $90,000 reclaim amid risk-asset “fear” Data from Cointelegraph Markets Pro and TradingView showed BTC price volatility staying measured at the start of a hectic day for crypto markets. US unemployment numbers provided an initial boost as nonfarm payrolls (NFP) came in below forecast levels, hinting at the potential for financial policy easing to come sooner. “Stock market futures are surging…

Our current data infrastructure threatens DeFi’s future

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Opinion by: Maxim Legg, founder and CEO of Pangea The blockchain industry faces a crisis of its own making. While we celebrate theoretical transaction speeds and tout decentralization, our data infrastructure remains firmly rooted in 1970s technology. If a 20-second load time would doom a Web2 app, why are we settling for that in Web3? With 53% of users abandoning websites after just three seconds of load time, our industry’s acceptance of these delays is an existential threat to adoption. Slow transactions are not merely a user experience problem. High-performance…

Ethereum Key Support: Cost Basis Data Points To $1,890 As Make-Or-Break Level

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In line with major losses across the crypto market, Ethereum (ETH) declined by 17.08% in the past week reaching as low as $2,104. While the prominent altcoin has shown some minor gains in the past 12 hours, the general market sentiment remains bearish. ETH Correction Likely Headed To $1,890 – Here’s Why The ETH market is currently navigating a strong market correction with several analysts now spotlighting potential key support levels. According to prominent on-chain analytics firm Glassnode, data from the Cost Basis Distribution (CBD) metric indicates Ethereum is poised…

Is Bitcoin Finding a Bottom? What The UTXO Data Is Telling Us

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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…

XRP Outshines 92% Of Altcoins, Data Shows—Here’s Why

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Data Shows Bitcoin’s 15% Drop Is Still ‘Modest’—Here’s Why

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Este artículo también está disponible en español. The largest cryptocurrency in the world, Bitcoin has plunged a dramatic 11% from its all-time high. Although some investors might find this price devaluation alarming, historical data indicates that it is really small in respect to the other market cycles of the cryptocurrencies. The past price trends of Bitcoin show several abrupt declines and rises; volatility is always present. One has to consider the context of this most recent decline in order to evaluate its future course. Related Reading Bitcoin price trapped in…

On-Chain Data Reveals Binance’s Strategy Behind Massive Ethereum And Solana Sell-Off

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Este artículo también está disponible en español. As the broader cryptocurrency market grapples with significant downturns, Ethereum (ETH) and Solana (SOL) have emerged as some of the hardest-hit assets among the top ten digital currencies.  On top of that, recent allegations by market experts on social media suggest potential market manipulation by major players in the space, raising further concerns for investors. Ethereum Falls Below $2,600: Potential End To Altseason Over the past few days, on-chain data has surfaced, indicating large-scale selling of Ethereum and Solana tokens primarily by Binance…

Bybit Enhances Market Clarity by Making Real-Time Crypto Liquidation Data Public

Bybit has launched an industry-first initiative by making all liquidation data fully accessible in real-time via its enhanced API. This move aims to improve market transparency, empower traders, and boost institutional confidence in the crypto space. New API Update by Bybit Delivers Unprecedented Transparency for Crypto Traders Bybit, one of the world’s largest crypto exchanges […] Source CryptoX Portal

Bybit opens liquidation data for traders and analysts via API

Crypto exchange Bybit said Friday that all liquidation data can now be accessible via its enhanced API. Bybit has made its liquidation data publicly available through an upgraded API, weeks after CEO Ben Zhou questioned CoinGlass’ Bitcoin liquidation estimates. In a Feb. 21 press release, Bybit said the update gives traders, analysts, and institutions real-time access to detailed market activity, providing updates every 500 milliseconds. “This ensures that every liquidation event is captured and disclosed without delay, setting a new standard for openness and reliability in the digital asset market.”…

Bitcoin Dips Below $95K as January CPI Data Shows Increasing Inflation. Can $MEMEX 100x?

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The January US CPI data is in, and it’s not what the market anticipated. Consumer prices surged by 0.5% in the first month of 2025, exceeding the expected 0.3% increase. On a year-over-year basis, CPI rose 3%, slightly above the forecasted 2.9% and higher than December’s 2.9% reading. The unexpected uptick signals persistent inflationary pressures, which could influence market expectations and Fed policy decisions. Core CPI data also delivered a disappointing surprise. The index, which excludes volatile food and energy prices, rose by 0.4% in January, exceeding the expected 0.3%…