Tag: Data

BTC’s ‘Strange’ Session: Economic Data, Roaring Kitty Livestream Drive Market Fluctuations, Says QCP Capital

Following bitcoin’s dip in price, QCP Capital highlighted a “doubly strange session” overnight, driven by unexpected economic data and a widely viewed Roaring Kitty livestream. Analysts Highlight Market Chaos Following Bitcoin Dip and Gamestop Decline Three days ago, Singapore-based QCP Capital envisioned a new bitcoin (BTC) all-time high in June. At the time, the firm’s […] Source CryptoX Portal

Coingecko Data Breach Affects Nearly 2 Million Users

Coingecko experienced a data breach on June 5, compromising the personal information of nearly 2 million users. The breach occurred through its third-party email platform, Getresponse. Third-Party Email Platform Breach Hits Coingecko On June 5, 2024, Coingecko detected unusual activity on its third-party email marketing platform, Getresponse. An attacker had compromised a Getresponse employee’s account, […] Source CryptoX Portal

Bitcoin (BTC) Price Compressed Below $72K, But Dovish Fed Amid Soft U.S. Data, Global Rate Cuts May Bring All-Time Highs

boss

The big question going forward is if the U.S. Federal Reserve might join the rate cutting trend, and while some members of that central bank have suggested any monetary easing could be a 2025 story, recent data has shown softening in both inflation and economic growth. Tomorrow will bring the government’s May employment report and a weak read could boost the odds of an imminent Fed rate cut. Original

Dogecoin Under The Microscope – Data Points To Rebound

boss

Dogecoin, the Shiba Inu-themed cryptocurrency that took the internet by storm in 2021, has been on a rollercoaster ride in recent weeks. After a week of corrections, DOGE seems to be clawing its way back, and some analysts believe it might be gearing up for a repeat of its past successes. Related Reading Echoes Of Bull Runs Past Hope for Dogecoin hinges on a recently identified trend mirroring its behavior in 2016 and 2020. Back then, a similar price pattern preceded significant bull runs that propelled DOGE to new heights.…

Crypto fraud cases spike year-over-year: Hong Kong data

Hong Kong police have officially disclosed a significant increase in the use of cryptocurrencies in fraud activities between 2022 and 2023. Since mid-2023, Hong Kong has become a favorable location for cryptocurrency trading, supported by a systematic regulatory framework. This distinguishes it from mainland China, where all crypto trading has been banned since December 2021. Hong Kong police data show that the number of crimes involving virtual assets has increased sharply from 2,336 cases in 2022 to more than 3,415 cases in 2023, involving a total amount of HK$4.3 billion,…

Aptos (APT) Integrates Chainlink’s CCIP and Data Feeds to Boost Decentralized App (Dapp) Development

“Joining the Chainlink SCALE program will empower developers on Aptos with new and increased access to Chainlink services, expanding the toolkit of resources on Aptos available to help them build secure, scalable, and fully-featured dApps” said Bashar Lazaar, grants and ecosystem lead at Aptos Foundation, the ecosystem development organization supporting Aptos. Source

ETH team lead says most ETH clients ‘very aggressively’ delete old data

Ethereum team lead Péter Szilágyi says many Ethereum clients “very aggressively” delete old chain segments, raising questions about network dependency on Geth. Ethereum software client Geth (also known as Go Ethereum) remains a focal point of discussion, as Ethereum team lead Péter Szilágyi raised concerns about the increasing reliance on Geth, emphasizing the broader implications for data availability and network decentralization. I wanted to do a direct reply, but figured this is an interesting thing to expand a bit, so here’s a top level tweet instead. Bitcoiners forever hated us…

Bitcoin Whales’ Buying Appetite Returns, On-Chain Data Shows

boss

The Bitcoin price has cooled off after surging to as high as $71,000 on the back of the Ethereum ETF approval news last week. Not long after the price spike, the premier cryptocurrency witnessed a correction to $67,000 and appears to be back in a consolidation range. Interestingly, Bitcoin whales seem to be awakening from their slumber, as they have been loading their bags with significant BTC amounts in the past few days. This begs the question – can the returning whales’ appetite push Bitcoin to a new record-high price?…

Shiba Inu One Of The Most-Traded Tokens By Whales, Data Shows

boss

On-chain data suggests that large investors have been showing interest in Shiba Inu recently as they have been moving a high number of SHIB transfers. Shiba Inu Large Transactions Have Been High In Number Recently As pointed out by an analyst in an X post using data from the market intelligence platform IntoTheBlock, the Shiba Inu whales have been on the move over the past month. The on-chain indicator of interest here is the “Number of Large Transactions,” which tracks the total number of transfers on any cryptocurrency network exceeding…