Bitcoin derivatives data shows room for BTC price to move higher this week
[ad_1] This week Bitcoin (BTC) rallied to a 2023 high at $23,100 and the move followed a notable recovery in traditional markets, especially the tech-heavy Nasdaq Composite Index, which gained 2.9% on Jan. 20. Economic data continues to boost investors’ hope that the United States Federal Reserve will reduce...
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Bitcoin derivatives data suggests a BTC price pump above $18K won’t be easy
[ad_1] Traders might rejoice now that Bitcoin price ventured above $17,400, but 27 long days have passed since Bitcoin (BTC) last breached the $17,250 resistance. On December 13, after a two-week-long lateral movement, Bitcoin posted a 6.5% rally toward $18,000 and even though the current movement still lacks strength,...
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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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Bitcoin clings to $36K as data suggests BTC price sell-off came from short-term holders
[ad_1] Bitcoin (BTC) found a new home at $36,000 into May 7 as volatility finally cooled into the weekend. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Terra down at least $250 million in crunch Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling the $36,000 mark overnight after losing...
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Web3Graph, a Web 3.0 data graph infrastructure project, receives a seed round investment from Huobi Incubator | by Bit Media Buzz | May, 2022
[ad_1] Singapore, 5th May 2022 — Web3Graph, a Web3 data graph project, is pleased to announce its seed round investment from Huobi Incubator, the project incubation arm of leading exchange, Huobi Global. As an open-graph protocol specifically for the Web3.0 era, Web3Graph focuses on providing the Web3.0 natives with...
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El Salvador ranks third in global Bitcoin ATM installations, data finds
[ad_1] El Salvador now hosts the third-largest network of crypto ATMs after the United States and Canada, amounting to 70% of all crypto ATMs in South America. According to data from Coin ATM Radar, El Salvador has exceeded United Kingdom’s crypto ATM count after deploying 205 crypto ATMs to...
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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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How we scaled data streaming at Coinbase using AWS MSK
[ad_1] By: Dan Moore, Eric Sun, LV Lu, Xinyu Liu Tl;dr: Coinbase is leveraging AWS’ Managed Streaming for Kafka (MSK) for ultra low latency, seamless service-to-service communication, data ETLs, and database Change Data Capture (CDC). Engineers from our Data Platform team will further present this work at AWS’ November 2021...
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Bitcoin’s off-chain data points to more upward momentum for BTC price
[ad_1] After months of unrelenting turbulence, the crypto industry has been on somewhat of a tear over the last couple of weeks, with the total market capitalization of the space recently topping the $2 trillion mark for the first time since May. In fact, over the last 21 days...
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Bitcoin electricity consumption falls to November 2020 levels: Data
[ad_1] Bitcoin’s total estimated annual electricity consumption has plummeted nearly 60%, falling from the all-time peak above 143 terawatt-hours (TWh) in May to as low as 62 TWh in early July, according to data from Cambridge Bitcoin Electricity Consumption Index (CBECI). This is the lowest energy consumption rate recorded...
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