Tag: Data

Bitcoin Safe From Drops Under $60,300? On-Chain Data Says So

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On-chain data shows Bitcoin currently has a thick supply wall between the $60,300 and $62,155 levels that may prevent the asset from falling lower. A Large Amount Of Bitcoin Was Bought Near Current Prices As explained by analyst Ali in a new post on X, BTC has a major support wall just below it right now. In on-chain analysis, the strength of support and resistance levels is gauged through the amount of Bitcoin that the investors bought at them. The chart below shows how the distribution of the investor cost…

ICO reassures employers they can share staff data in a mental health emergency

The Information Commissioner’s Office (ICO) has published new guidance to give employers more certainty about sharing their workers’ personal details in a mental health emergency. The guidance provides advice on when and how it is appropriate to share workers’ information when the employer believes that someone is at risk of causing serious harm to themselves, or others, because of their mental health. Chris Hogan, ICO Head of Regulatory Strategy, said: “We want to reassure employers that during a mental health emergency they should share necessary and proportionate information without delay…

Hackers drained over $100m across 20 attacks in February, data shows

Cybercriminals stole more than $104 million worth of crypto in February, marking a 42% decrease compared to January. According to data compiled by PeckShield, hackers successfully executed 20 attacks against decentralized protocols in February, with the most significant breach occurring at PlayDapp, resulting in a loss of $36 million worth of crypto for the project. #PeckShieldAlert Hackers stole ~$104.73m across over 20 attacks in February 2024, marking a MoM decrease of 42% compared to January 2024. Additionally, ~6.4% of the stolen funds have been returned, totaling ~$6.7m pic.twitter.com/0W6k4ssAYO — PeckShieldAlert…

ICO finds the Home Office’s pilot of GPS electronic monitoring of migrants breached UK data protection law

Home Office pilot scheme failed to assess privacy intrusion of GPS monitoring Government did not provide migrants on the pilot scheme clear information on what data it was collecting and why Information Commissioner says it’s crucial the UK has ‘appropriate checks and balances in place to ensure people’s information rights are respected’ The Information Commissioner’s Office (ICO) has issued an enforcement notice and a warning to the Home Office for failing to sufficiently assess the privacy risks posed by the electronic monitoring of people arriving in the UK via unauthorised…

Crypto Traders Hedge BTC Rally After 40% Rise in 4 Weeks, Options Data Show

While the consensus is that that event, coupled with the strong inflows into the U.S.-based exchange-traded funds (ETFs), implies a supply-demand imbalance and potential for a continued move higher, some traders have started to position for a sharp decline. They have begun snapping up bitcoin puts, or options to sell, at strike prices well below the going market rate because perpetual funding rates point to a market that’s overheated and may witness a correction, a drop of more than 10%. Source

Bitcoin (BTC) ETF Volume Data Can be Misleading

The spot bitcoin ETF group as a whole has seen a turnover ratio of 5.3%, said Cipolaro, with Valkyrie (BRRR) and Grayscale’s GBTC seeing the lowest rates at 2.2% and 2.4%, respectively. At the high end is Ark 21 (ARKB) at 11.3%. He also took note of an upside outlier, WisdomTree’s (BTCW), the smallest of the spot ETFs with just about $30 million in AUM, during one five-day period experienced a turnover ratio of 205%. Source

Riot and Texas Blockchain Council Challenge US Government’s Bitcoin Mining Data Request in Court

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The publicly listed mining firm Riot Platforms and the Texas Blockchain Council have initiated legal proceedings against the U.S. Department of Energy (DOE) and other federal entities, aiming to obstruct what they deem an unauthorized data collection effort targeting the bitcoin mining industry. The legal battle underscores the escalating tension between bitcoin mining operations and […] Original

Is Altcoin Season On? Here’s What Glassnode Data Says

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Here’s what the “Altseason Indicator” from the on-chain analytics firm Glassnode says regarding if an Altcoin season is currently going on or not. What Altseason Indicator Says Regarding The Altcoin Season In its latest weekly report, Glassnode has discussed what the Altcoin season status for the cryptocurrency market has looked like recently. To check whether the “altseason” is on, the analytics firm has devised its Altseason Indicator. This metric judges if the investors are in a risk-on mode based on how capital rotations are occurring in the sector. There are…