⇗ DATA Coin's Potential Amidst the Flux in Crypto Market
Several developments have unfolded in the world of digital assets as of September 16, 2024. Bond traders are gravitating towards a half-point cut...
Open Oracle Network DIA introduced Lumina to enhance the Web3 data infrastructure. Meanwhile, Nansen has purchased StakeWithUs, converging beyond data provision to cryptocurrency investment. Bitcoin's on-chain data infers that the BTC price is approaching the next bull run, whereas questions arise as to whether the crypto market will face another crash as data seems to indicate mixed signals.
Several important economists and financial analysts suggest BTC price could be influenced by the upcoming CPI data and Bitcoin's recent fall beneath $54K, as weak US Jobs data reverberate across the markets. Even with these fluctuations, data suggests that professional traders are remaining staunchly non-bearish.
Meanwhile, Singapore is investigating illegal accounts and token sales connected to Worldcoin. Services such as Python & CoinGecko API are being highlighted for their utility in fetching crucial crypto data. Northern Data, a Bitcoin mining company, is facing accusations from ex-employees in a whistleblower suit. Events such as data breaches, potential whistleblower issues, fluctuating BTC price, and recent legal actions are affecting the overall outlook for cryptocurrencies.
Nonetheless, analysts anticipate a rally in Ethereum's price to exceed $3.4K, and an awakening of altcoin market is set to take place based on the gathered intel.
DATA Coin News Analytics from Tue, 19 Dec 2023 16:35:53 GMT to Wed, 11 Sep 2024 23:30:01 GMT - Rating 2 - Innovation 7 - Information 9 - Rumor -1