Cryptocurrency Analysis and News Portal
Grayscale Investments has purchased more than 1.5 times the number of bitcoins mined since the third Bitcoin halving for its bitcoin trust. This indicates that there is a strong institutional demand for the cryptocurrency, which is expected to grow significantly post the coronavirus crisis.GBTC Buys 1.5 Times the Amount
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Microsoft shared new details about the backward compatibility features of the Xbox Series X. The console automatically adds HDR support to backward compatible games and improves frame rates up to 120 FPS for some titles. These improvements even affect games developed for the Xbox 360 and the original Xbox
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The Ethereum network now has more bitcoin held in reserves than the Lightning Network, according to onchain statistics. At the time of publication, Wrapped Bitcoin (WBTC) has close to 4,000 BTC ($34.7M) held in reserves, while the Lightning Network has only 925 BTC ($8.3M). Wrapped Bitcoin Project’s Total Value
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The market research organization, The Tokenist, recently published a report called “Comparing Public Bitcoin Adoption Rates in 2020 vs 2017.” The study’s findings give a comprehensive look at the cryptocurrency ecosystem between 2017 and now. The researchers’ survey shows that since the post-Covid-19 economy is setting in, trust in
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U.S. berry producer California Giant Berry Farms joined the blockchain-based food tracking solution IBM Food Trust.Fruit and vegetable news outlet The Packer reported on May 17 that California Giant will use a blockchain to share data between all the points of its supply chain. The firm employs Glassbit’s Glasschain IBM
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To close out Virtual Blockchain Week, best-selling technology author and co-founder of the Blockchain Research Institute (BRI), Don Tapscott, delivered a presentation articulating what he describes as the shift from the internet of information to the internet of value.In his presentation titled ‘Blockchain Revolution: The State of The Union,’ Tapscott
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Amid the sharp rise in bitcoin's price Wednesday, shares in the Grayscale Bitcoin Trust (GBTC) also saw notable gains.Bitcoin's sudden rally – which many analysts are associating with expectations around the coming miner reward halving event – helped propel the investment vehicle to a 14.3% gain on the day, with
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Dole Food Company, the world’s largest producer of fruit and vegetables, has revealed a five-year plan to expand its adoption of distributed ledger technology, or DLT, for supply chain tracking.Dole’s blockchain expansion was announced in its 2020 Corporate Responsibility and Sustainability Report.Dole first began to explore DLT after joining IBM’s
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Crypto.com and The Economist teamed up to survey more than 3,000 consumers on issues concerning crypto assets. The survey found far greater trust in central bank digital currencies, or CBDCs, than decentralized cryptocurrencies — indicating that crypto is still yet to gain widespread trust from the public.Cointelegraph spoke to Crypto.com COO,
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Grayscale Investments has announced the strongest quarter in its history. Investments into the company’s cryptocurrency products, including the flagship Grayscale Bitcoin Trust (GBTC), hit a record high in the first quarter. Of the total investment, 88% comes from institutional investors. The company now has $2.2 billion in assets under management.Also
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