Tag: Data

Recent Data Signals Rising Accumulation Among BTC Investors

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Bitcoin (BTC) struggled to build on its recent momentum over the past week, reflecting the bearish climate of the general market. However, the latest on-chain revelation suggests that investors continue to show significant faith in the premier cryptocurrency and its prospects. Bitcoin Addresses With 10+ BTC Reach All-Time High: Santiment According to a recent report from the blockchain data tracker Santiment, there has been considerable growth within a particular class of Bitcoin investors. The on-chain analytics platform highlighted that the number of shark and whale addresses holding at least 10…

Ethereum price drops to a 7-month low as data points to more downside

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Ether (ETH) price experienced a 7% decline between Oct. 6 and Oct. 12, hitting a seven-month low at $1,520. Although there was a slight rebound to $1,550 on Oct. 13, it appears that investor confidence and interest in Ethereum are waning, as indicated by multiple metrics. Some may argue that this movement reflects a broader disinterest in cryptocurrencies, evident in the fact that Google searches for “Ethereum” have reached their lowest point in 3 years. However, Ethereum has underperformed the overall altcoin market capitalization by 15% since July. Ethereum” keyword…

Cardano, Solana, Under Heat, Data Points To Trouble For Altcoins

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Bulls pushed back and momentarily halted the increasing selling pressure impacting Cardano, Solana, and Ethereum. The altcoin market has been stabilizing over the last day, but fresh data points to potential issues in the short term. As of this writing, Cardano (ADA) trades at $0.23 with sideways movement in the past day. Solana and Ethereum recorded similar price action over this period, but these assets have been slowly bleeding into support on the weekly chart. ADA’s price trends to the downside on the daily chart. Source: ADAUSDT on Tradingview Cardano,…

Stocks fall, yields rise as inflation data comes in hotter than expected

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Stocks fell in the United States on Oct. 12 as newly released inflation data overshot expectations. The Dow Jones Industrial Average fell by 173.73 points (0.51%) to 33,631.14. The S&P 500 declined by 27.34 points (0.62%), ending the day at 4,349.61. The tech-heavy Nasdaq index lost 85.46 points (0.63%), declining to 13,574.22. One-day S&P 500 chart for Oct. 12. Source: MSN Money At 8:30 am Eastern Time, the U.S. Bureau of Labor Statistics released Consumer Price Index data for the month of September. It showed that prices increased 0.4% over…

Bitcoin price data shows investor sentiment at 3-month low

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Bitcoin (BTC) faced a 4.9% correction in the four days following the failure to break the $28,000 resistance on Oct. 8, and derivatives metrics show fear is dominating sentiment in the market, but will it be enough to shake Bitcoin price from its current range? Looking at the bigger picture, Bitcoin is holding up admirably, especially when compared to gold, which has fallen by 5% since June, and Treasury Inflation-Protected bonds (TIP), which have seen a 4.2% drop during the same period. Merely maintaining its position at $27,700, Bitcoin has…

Scroll zkEVM Launches, Blockchain Data Shows, Competing With Polygon, Matter Labs

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What To Expect This Month For XRP Price According To Historical Data

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The XRP price has had a rollercoaster growth trajectory which was mostly hindered by the US Securities and Exchange Commission (SEC) filing a lawsuit against Ripple. But a lot of the altcoin’s performances over the months have been rather predictable, and with its history, we can get an idea of what to expect for the XRP price this month. October Not Looking Good For XRP Price In a heat map of historical XRP price data generated by NewsBTC, we can see how the month of October has usually gone in…

Paul Arnold at PDP’s Data Protection Compliance Conference 2023

Thank you for such a warm welcome. It’s great to be with you today and a privilege to be opening today’s Data Protection Compliance Conference. I’m conscious that at least some of you may have been amongst the 8,000 plus people who registered for the ICO’s DPPC event yesterday. If so, then you’re having quite the conference week. And extra kudos to you if you braved today’s rail disruption to be here in person. Many of my ICO colleagues have spoken at the DPCC over the years, and looking back…

US stocks rise as traders wait for inflation data

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October 11, 2023 US stocks rose for the fourth day in a row today, as traders waited for the consumer price index report to be released on October 12. The Dow Jones Industrial Average increased by 65.57 points (0.19%), to 33,804.87. The S&P 500 gained 18.71 points (0.43%), closing at 4,376.95. The Nasdaq went up by 96.83 points (0.71%), ending the day at 13,659.68. S&P 500 one-day chart for 10-11-2023. Source: MSN Money. Despite today’s uptick, stock prices are lower than they were in July, as fears of interest rate…