Bitcoin price turns shaky ahead of potential Fed rate cut and weak global economic data - data, bitcoin

Bitcoin price turns shaky ahead of potential Fed rate cut and weak global economic data

Bitcoin price wobbles near $58,000 as uncertainty over the Fed’s monetary policy decision looms and traders eyeball weak economic data in China.

Cointelegraph by Marcel Pechman
New Crypto Mining Hub? Russian Region to Build 15 New Data Centers - crypto, new, data

New Crypto Mining Hub? Russian Region to Build 15 New Data Centers

Russia’s crypto pivot is continuing apace, with the northeastern region of Komi Republic announcing plans to build 15 new crypto mining data centers.

Tim Alper
Europe Crypto Roundup: Zondacrypto Launches Educational Center in Poland, Greece Plans $330 Million AI Data Center, and More - unicorn, polygon, fit, 2024, four, gecko, athens, data, artificial intelligence, zero, six, ai

Europe Crypto Roundup: Zondacrypto Launches Educational Center in Poland, Greece Plans $330 Million AI Data Center, and More

BeInCrypto’s comprehensive Europe Crypto Roundup covers the latest news and trends shaping the continent’s crypto landscape. With reporters across key markets like Germany, France, and the UK, we provide in-depth insights into evolving regulatory env

Daria Krasnova
Citi Analysts Predicts 1.25% Fed Rate Cut After US CPI Inflation Data - 2024, cut, data

Citi Analysts Predicts 1.25% Fed Rate Cut After US CPI Inflation Data

The recent US CPI inflation data has fueled discussions over the potential Fed rate cut in September. While a flurry of experts has trimmed their bets towards a 125 bps rate cut in 2024, CITI appears to have remained stuck to the more dovish stance b

Rupam Roy
Binance Now Shows When Token Unlocks Are Hitting the Market - data, new

Binance Now Shows When Token Unlocks Are Hitting the Market

Binance has launched a new tokenomics data feature on its platform, which it says will help users trade smarter.

Liz Napolitano
Is Bitcoin Price Correction Over After $300M Liquidations & Worrying US Jobs Data? - data, bitcoin

Is Bitcoin Price Correction Over After $300M Liquidations & Worrying US Jobs Data?

Bitcoin price shed nearly 4% after the US Nonfarm Payrolls (NFP) or US jobs data came in cooler than expectations. This sudden crash in BTC caused the crypto markets liquidations of nearly $300 million on September 6. Investors are wondering if Bitco

Akash Girimath
Serial Entrepreneur: Digital Ecosystem Favors Data Distributors Over Creators - data, yu, carv

Serial Entrepreneur: Digital Ecosystem Favors Data Distributors Over Creators

According to Victor Yu, co-founder of Carv, the current digital ecosystem favors data distributors over data creators. While he acknowledges the usefulness of regulatory frameworks like the General Data Protection Regulation (GDPR) and California Con

Terence Zimwara
More Goldilocks data sends markets lower - cut, size, lower, data

More Goldilocks data sends markets lower

Making sense of the jobs report that didn’t necessarily clear up what size of rate cut the Fed could opt for

Casey Wagner
Bitcoin Nears Breakout After US Job Data, 125 Bps Fed Rate Cuts This Year - bitcoin, data

Bitcoin Nears Breakout After US Job Data, 125 Bps Fed Rate Cuts This Year

The US non-farm payroll data shows that 142,000 jobs have been added in August, down from what the market was expecting. Following this data, which indicates a cooling Labor market, the market is now betting over a half-point rate cut at the upcoming

Rupam Roy
AI or bust? Crypto mining sector looks for options as Bitcoin mining revenues drop - bitcoin, ai, data

AI or bust? Crypto mining sector looks for options as Bitcoin mining revenues drop

Bitcoin miners are eyeing AI data centers amid declining revenues — Will this costly shift pay off?

Ishika Kumari
Bitcoin trades under $57K, but data suggests pro traders are not bearish  - bitcoin, data

Bitcoin trades under $57K, but data suggests pro traders are not bearish 

Bitcoin price fell closer to $56,000, leading traders to question whether the bull market is coming to an end. US job market data could hold the answer.

Cointelegraph by Marcel Pechman
Experts Discuss Challenges in Converting Bitcoin Mining Sites to AI Data Centers - data, ai

Experts Discuss Challenges in Converting Bitcoin Mining Sites to AI Data Centers

Converting mining sites to AI data centers involves significant infrastructure differences. Efficient energy management is crucial for AI data centers. Continue Reading:Experts Discuss Challenges in Converting Bitcoin Mining Sites to AI Data Centers

COINTURK NEWS
Ethereum Rockets Forward With 3.3% Network Growth While Bitcoin Goes Stale - data, eth, chain, ethereum, bitcoin

Ethereum Rockets Forward With 3.3% Network Growth While Bitcoin Goes Stale

On-chain data shows Ethereum has notably outpaced Bitcoin in terms of adoption during the last three months, a sign that could be positive for ETH. Ethereum Has Seen Its Holder Count Go Up By 3.3% In Last Three Months According to data from the on-ch

Keshav Verma
Bitcoin (BTC) Data Reveals Less Sensitivity To Equities Volatility: A Sign Of Strength? - data, btc, bitcoin

Bitcoin (BTC) Data Reveals Less Sensitivity To Equities Volatility: A Sign Of Strength?

Bitcoin (BTC) is under significant pressure after experiencing a substantial 14% retrace from $65,103 to $55,602. This downturn is occurring amidst a climate of fear and uncertainty impacting both the cryptocurrency and US stock markets. Related Read

Sebastian Villafuerte
Converting mining sites to AI data centers isn't seamless: Sabre56 CEO - bitcoin, ai, data

Converting mining sites to AI data centers isn't seamless: Sabre56 CEO

According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current market cycle.

Cointelegraph by Vince Quill
Investors Lead Crypto Product Exits Due to Strong US Economic Data - strong, crypto, data

Investors Lead Crypto Product Exits Due to Strong US Economic Data

US investors led crypto product outflows, totaling $318 million. Germany and Sweden had smaller outflows, while Switzerland and Canada saw slight inflows. Continue Reading:Investors Lead Crypto Product Exits Due to Strong US Economic Data The post In

COINTURK NEWS
Crypto liquidations may be way worse than data has let on, suggest researchers - data

Crypto liquidations may be way worse than data has let on, suggest researchers

“Liquidation data from exchanges are bogus and a vast underrepresentation of actual liquidation volumes in the market,” according to K33 Research.

Chainlink Data Streams Officially Adds Cardano - data, chainlink, ada, cardano, six

Chainlink Data Streams Officially Adds Cardano

Chainlink incorporated Cardano’s ADA and six other cryptocurrencies into its Data Streams platform, providing real-time data for the assets. The… The post Chainlink Data Streams Officially Adds Cardano first appeared on The Crypto Basic.

Mark Brennan
Crypto Markets Rally on Positive U.S. Economic Data - data, bitcoin, crypto, hit

Crypto Markets Rally on Positive U.S. Economic Data

ETH ETFs recorded positive inflows on Wednesday as Bitcoin reserves on crypto exchanges hit a new low for the year.

Mehab Qureshi
Network Activity Decline for Polygon (MATIC) but Bullish Reversal Signals Emerge - matic, value, data

Network Activity Decline for Polygon (MATIC) but Bullish Reversal Signals Emerge

MATIC has seen a significant value drop, but data suggests a potential bullish turnaround for the token.

Chayanika Deka