Tag: Data

Onchain Data Says Ether May Have Bottomed: Will Traders Buy?

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A key Ether (ETH) onchain indicator has climbed to its highest level in over three years, a level last seen when ETH bottomed during the 2022 bear market cycle. The signal supports the case for an early bottoming phase, despite the weak spot demand and muted price action. Data suggests that ETH may stabilize near the local floor around $2,000, but a sweep of lower price levels remains possible in the coming weeks. Ether taker flow spikes: Does this confirm the ETH bottom? The 30-day average of positive Ether net…

Bitcoin Sell-off Capped At $70K But Data Points To Rebound

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Bitcoin (BTC) dropped below $69,000 on Thursday, pulling the price back into its six-week range just days after tapping range highs above $76,000. The pullback coincides with an increase in selling from Bitcoin futures markets and stalling demand from US-based investors, but the chance for a rebound rally remains. A recurring chart setup indicates that BTC can return to its bullish pathway if the necessary conditions are met. Bitcoin futures set the trend as spot demand fades The latest pullback aligns with a visible shift in derivatives’ dominance over spot…

Bitrefill reports Lazarus-style exploit drained funds and exposed some user data

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Bitrefill, the established crypto-to-gift-card platform, was hit by a sophisticated cyberattack earlier this month that drained company funds and exposed some customer data. The team disclosed the incident in an X article on Tuesday, saying that it shares strong similarities with operations linked to Lazarus Group, the notorious North Korean cybercrime collective believed to be responsible for billions of dollars in crypto thefts. According to Bitrefill, the breach happened on March 1, when attackers gained access to an employee’s device and extracted a legacy login credential. From there, they used…

Bitcoin Hits $74.5K But Futures Data, Macro Signal Caution

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Key takeaways: Bitcoin derivatives remain bearish as traders hedge against a price drop despite BTC reclaiming the $74,000 level. Fears of a global energy shortage mount as the Strait of Hormuz remains closed, forcing investors into safe-haven Treasury assets. Bitcoin (BTC) climbed above $74,000 on Monday, following gains on the Nasdaq Index as investors await a keynote from Nvidia (NVDA US) CEO Jensen Huang at the chipmaker’s biggest event of the year, the Nvidia GTC 2026 global AI conference. A drop in oil prices and growth in the US manufacturing…

ShapeShift founder Erik Voorhees doubles down on Ethereum with $49M investment: Onchain data

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ShapeShift founder and Bitcoin pioneer Erik Voorhees is continuing his Ethereum buying spree after restarting purchases following a year-long break. According to on-chain data tracked by Lookonchain, Voorhees on Sunday spent around $49 million acquiring 23,393 ETH. He still holds over 35 million USDT and is expected to buy more ETH. Erik Voorhees(@ErikVoorhees), an early #Bitcoin supporter and founder of ShapeShift, is buying ETH like crazy after a one-year break! He spent 49.08M $USDT to buy 23,393 $ETH at $2,098 through 2 wallets. He still holds 35.25M $USDT and may…

ETH Bulls Target $2.8K But Data Highlights Many Hurdles

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After reaching a monthly high of $2,209 on Friday, Ether (ETH) price fell back below a key monthly resistance, which has been tested five times since February. While onchain data highlights a large cluster of investors near $2,800, Ether’s futures market data shows traders are scaling back positions after this week’s rally. Investors’ $2,800 cost basis highlights a major accumulation zone Data from Glassnode indicated that ETH’s cost-basis distribution heatmap shows a heavy accumulation near $2,800, where more than 3 million ETH were previously purchased. The cost-basis clusters identify the…

Bitcoin Grills $74,000 Again After US PCE Inflation Data

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Bitcoin (BTC) aimed for five-week highs at Thursday’s Wall Street open as US inflation trends stayed on track. Key points: US inflation data keeps crypto and stocks higher as BTC price action tests $74,000 again. Bitcoin traders diverge over the future of the move, with a “bearish retest” risking a new price collapse. BTC/USD finally recrosses its 50-day moving average trend line. PCE inflation emboldens Bitcoin bulls Data from TradingView confirmed new local BTC price highs near $74,000 following the January print of the Personal Consumption Expenditures (PCE) Index. BTC/USD…

Microsoft launches Copilot Health AI assistant, allowing users to upload medical and wearable data

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Microsoft launched Copilot Health, a new artificial intelligence health assistant integrated into its consumer Copilot chatbot, expanding the company’s push into AI-driven medical tools. The feature allows users in the United States to upload medical records and data from wearable devices into a dedicated health portal within Copilot. The system then analyzes that information to provide personalized health guidance and answer medical-related questions. Mustafa Suleyman, Microsoft’s head of consumer AI, said the company aims to replicate aspects of concierge-style medical support by offering users continuous access to health information powered…

US Jobs Data Keeps Bitcoin Price Stuck Around $70,000

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Bitcoin (BTC) circled $70,000 into Thursday’s Wall Street open after US jobs data matched expectations. Key points: Bitcoin shrugs off more US macro data as jobless claims copy flat CPI numbers. Oil stays volatile, while markets ignore almost any chance of a March interest-rate cut. BTC price action stays indecisive around the $70,000 mark. Bitcoin surfs new US jobless claims release Data from TradingView showed ongoing BTC price compression on the day, with BTC/USD acting in an increasingly narrow range. BTC/USD one-hour chart. Source: Cointelegraph/TradingView US initial jobless claims were…

Markets tread water as investors brace for inflation data

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The entire financial market spent Tuesday doing its best impression of a doctor’s waiting room. Everyone sat still, no one made eye contact, and the only real activity was nervous fidgeting over what comes next. US equities barely registered a pulse. The S&P 500 dipped 0.2%, oil prices couldn’t decide whether to surge or collapse, and crypto — somewhat surprisingly — caught a mild bid. Bitcoin edged past $70K, Ethereum held above $2K, and the broader digital asset market drifted higher even as traditional finance stayed frozen in place. What…