Coin Metrics

There's no doubt that data is the new oil. Like oil, data is a valuable commodity fueling businesses and power economies. But there's one key difference between oil and data: while oil is a finite resource, data is infinite. This abundance of data presents opportunities and challenges for businesses and individuals. On the one hand, we have more information than ever at our fingertips. On the other hand, sifting through all this information can be daunting. But what if there…

ETH and other top cryptocurrencies have suffered heavy losses over the past few days following Elon Musk's decision to suspend customers' use of bitcoin to purchase Tesla automobiles.  Ether is trading just above $3,500 as of this article's writing, marking a significant decline from its recent lifetime high of $4,362 seen earlier this month.  The crypto tracking website CoinMarketCap shows that the ETH price is down over 10% in the weekly chart. However, according to John Kramer, crypto investors have…

The cryptocurrency futures market has been experiencing a shakeup since the cryptocurrency market crash which happened on March 12. The market crash led to the decision by BitMEX to lose some of its futures marketplace to Binance, says the cryptocurrency intelligence company Coin Metrics. Reports have it that BitMEX experienced two distributed denial-of-service (DDoS) attacks during the market crash last month. The attacks led to late processing of market orders and 156 accounts sustained losses. Since then, BitMex has lost market volume…