Tag: Data

Bitcoin derivatives data reflects traders’ mixed feelings below $17,000

[ad_1] Bitcoin (BTC) lost 25.4% in 48 hours, bottoming at $15,590 on Nov. 9 as investors rushed to exit positions after the second-largest cryptocurrency exchange, FTX, halted withdrawals. More importantly, the sub-$17,000 levels were last seen almost two years prior, and the fear of contagion became evident. The move...
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Leveraging Blockchain to Facilitate Data Capture and Incentivize Positive Behaviors

[ad_1] New Study Investigates the Role of Blockchain-Based Data Capture & Crypto Incentives in Improving Patient Outcomes MMUST, the premier technology and innovation university in Kenya, and Immunify.Life, a transformative and self-sustaining healthcare ecosystem secured by blockchain, has entered into a partnership that will leverage MMUST’s academic and research...
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Data Shows Whales Are Dumping, But Bitcoin Holds Above $60k

[ad_1] On-chain data shows Bitcoin whales are dumping as they make up almost 90% of the transactions to exchanges, but BTC holds support above $60k. Bitcoin Exchange Whale Ratio Says Nearly 90% Of Transactions Are From Whales As pointed out by a CryptoQuant post, BTC has continued to hold...
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Time to rotate! Data suggests traders are shifting from NFTs to DeFi

[ad_1] An important part of preserving investing profits is knowing when an asset or sector is showing signs of exhaustion and when a sector rotation is underway.  This is especially important in the rapidly moving cryptocurrency markets, which can change direction in a heartbeat and turn crypto millionaires into...
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Why a $50K-retest is likely ahead of Friday’s US jobs data

[ad_1] The heavy selling in the U.S. dollar market at the end of last week assisted Bitcoin (BTC) to climb above $49,000. However, BTC struggled to extend its climb above $50,000, a psychological resistance level, as investors remained cautious about the Federal Reserve’s taper timing.  Bitcoin corrects after logging...
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