The competition among the computing networks is warming up, with decentralized players coming into the stage with backing from the crypto ecosystem.Decentralized storage and computing network Aleph.im completed a $10 million funding round led by Stratos Technologies. Zeeprime, NOIA Capital, Theia, Bitfwd Capital, Token Ventures and Seven Capital have contributed to the funding, … [Read more...] about Aleph.im raises $10M to develop censorship-resistant data storage
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Bitcoin May Soon Wake From Slumber, Derivatives Data Indicate
Per Glassnode, bitcoin's funding rates recently dipped to negative territory. This, coupled with high open interest, suggests leverage is skewed to the bearish side. So, if bitcoin continues to move sideways, the funding payment would become a burden for shorts, and they may decide to unwind their position, leading to volatility on the higher side. Source link … [Read more...] about Bitcoin May Soon Wake From Slumber, Derivatives Data Indicate
Derivatives Data Shows Softening Crypto Enthusiasm
Implied vols, which are calculated off options premiums and gauge the market’s view of future risk, are down to levels not seen since October 2020. To be sure, regular levels in crypto implied volatilities would signal alarm and panic in the equity market, but since the second week of December, crypto’s implied vols have drifted down. In the past couple of days, that drop has … [Read more...] about Derivatives Data Shows Softening Crypto Enthusiasm
Blockchain Data Startup Lukka Reaches $1.3B Valuation
Founded in 2014, New York-based Lukka offers institutional-grade crypto asset data and software that helps businesses interact with crypto assets, including asset data management, transactions and downstream services. The company's customer base spans from crypto asset exchanges to institutional trading desks to CPA and accounting firms. Source link … [Read more...] about Blockchain Data Startup Lukka Reaches $1.3B Valuation
Oil is the New Data
It's increasingly looking like Bitcoin Cash mining pools will run a version of the software called Bitcoin SV.An ongoing legal battle between XRP investors and payments startup Ripple is entering its next phase.Japanese IT giant GMO has reported a loss of about $5.6 million for its cryptocurrency mining business in the third quarter of 2018.Oil industry giants Shell and BP are … [Read more...] about Oil is the New Data