Bankrupt Crypto Exchange FTX Transfers $36,000,000 Worth of Altcoins to Exchanges: On-Chain Data

Bankrupt Crypto Exchange FTX Transfers $36,000,000 Worth of Altcoins to Exchanges: On-Chain Data

On-chain data indicates that bankrupt crypto exchange FTX suddenly moved $36 million worth of altcoins to leading exchanges. According to on-chain analytics firm Lookonchain, FTX transferred massive amounts of Polygon (MATIC) and... Read more »
Northern Data secures $610 million financing from Tether Group for expansion By Investing.com

Northern Data secures $610 million financing from Tether Group for expansion By Investing.com

© Reuters Northern Data AG (ETR:), a prominent miner in Europe, has secured a $610 million unsecured debt financing from a firm under the Group. The loan, set to mature in 2030,... Read more »
Northern Data Secures $610 Million Debt Financing from Tether as New ASIC Technology Makes Mining Profitable Again

Northern Data Secures $610 Million Debt Financing from Tether as New ASIC Technology Makes Mining Profitable Again

Source: Adobe Stock Northern Data AG, Europe’s largest Bitcoin mining company, has secured a debt financing facility of around $610 million from a company within the Tether Group amid advancements in ASIC... Read more »
Will The Upcoming CPI Data Soar The BTC Price To New High Or A Crash Soon?

Will The Upcoming CPI Data Soar The BTC Price To New High Or A Crash Soon?

The crypto market continues to struggle to gain momentum as the star crypto constantly fails to ignite a much-awaited bull run in the crypto-verse. Bitcoin price is presently on the verge of... Read more »
Crypto Mining in Tech Data Centers: Why It is Important?

Crypto Mining in Tech Data Centers: Why It is Important?

The Significance of Crypto Mining in Tech Data Centers: A Deep Dive In the Year 2023 The world of technology is constantly evolving, and with it, the demands on data centers are... Read more »
Coinbase holds 5% of all Bitcoin in existence: Data

Coinbase holds 5% of all Bitcoin in existence: Data

Blockchain intelligence platform Arkham recently identified that crypto exchange Coinbase holds almost 1 million Bitcoin (BTC) in its wallets. The coins are worth more than $25 billion at current market prices for... Read more »
Bitcoin derivatives data suggests BTC price holds the current range

Bitcoin derivatives data suggests BTC price holds the current range

Bitcoin experienced a 5% increase after testing the $25,000 support level on Sept. 11. However, this breakout rally doesn’t necessarily indicate a victory for bulls. To put today’s price action in perspective,... Read more »
PayPal PYUSD Stablecoin in Trouble: Data Shows Low Adoption

PayPal PYUSD Stablecoin in Trouble: Data Shows Low Adoption

PayPal Stablecoin PYUSD is struggling with adoption four weeks into launch despite listing on several major crypto exchanges. The dollar-pegged stablecoin has a supply of $44.37 million, but less than 20% of... Read more »
IntoTheBlock Data Shows 90% of Altcoin Holders in Unprecedented Losses While DeFi Tokens Hold Up Better

IntoTheBlock Data Shows 90% of Altcoin Holders in Unprecedented Losses While DeFi Tokens Hold Up Better

Data shows principal DeFi tokens have held up better than altcoins in the bear market, with MKR seeing the most significant price growth. The reputable crypto market intelligence firm IntoTheBlock recently weighed... Read more »
Kraken Dethroned Coinbase as Most Liquid US Exchange for Altcoins in July: Data

Kraken Dethroned Coinbase as Most Liquid US Exchange for Altcoins in July: Data

Cryptocurrency trading platform Kraken dethroned its rival Coinbase to become the most liquid United States exchange for altcoins in July. According to a tweet by Dessislava Laneva, a research analyst at crypto... Read more »