Today Ether (ETH) price briefly touched $4,760, exciting investors and reminding the world that the altcoin is a mere 2.2% below the $4,870 all-time high reached 20 days ago. While the spot price action might be intriguing, let’s see what’s happening in Ether’s derivatives markets.Ether ETH/USD price at Bitstamp. Source: TradingViewWhile it is possible to draw a descending … [Read more...] about Ethereum approaches a new ATH, but derivatives data reflects mixed emotions
Data
Key data points suggest the crypto market’s short-term correction is over
The performance of cryptocurrencies in the past seven days might have seemed slightly unexciting, especially since the total market capitalization increased by “only” 1.8% to reach $2.7 trillion. However, even with the muted price action, some altcoins managed a decent rally. Bitcoin (BTC), on the other hand, was down 6% until Nov. 28, but it still managed to close the week up … [Read more...] about Key data points suggest the crypto market’s short-term correction is over
Dylan LeClair on Bitcoin Data Where Macro Meets Micro
This episode is sponsored by NYDIG.Download this episodeToday, NLW kicks off his “Gratitude for Bitcoin” three-part miniseries with Bitcoin Magazine and UTXO Management bitcoin analyst Dylan LeClair.Find Dylan on Twitter: @DylanLeClair_See also: The ‘Bitcoin City’ Fantasy“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob … [Read more...] about Dylan LeClair on Bitcoin Data Where Macro Meets Micro
Crypto Giants Back $3.2M Round for Data Provider Staking Rewards
Staking Rewards, a data provider for staking and crypto growth tools, has raised three million Swiss francs (US$3.2 million) in a funding round co-led by Galaxy Digital, Digital Currency Group and CoinShares (Digital Currency Group is the parent company of CoinDesk). Source link … [Read more...] about Crypto Giants Back $3.2M Round for Data Provider Staking Rewards
How IoTeX’s MachineFi is returning control of data and smarts devices to people
The world is headed toward a future where billions of intelligent machines will unlock a multi-trillion-dollar economy, IoTeX took its most significant leap after years of in-depth research and development to make its vision a reality.“We’ve always believed that intelligent machines will one day be the largest users of blockchain,” said IoTeX Head of Ecosystem Larry Pang.“We … [Read more...] about How IoTeX’s MachineFi is returning control of data and smarts devices to people