Grayscale Is Buying More Bitcoin Than There Is Mined, Report Says

The digital asset management company, Grayscale Investments, has increased its Bitcoin buying speed recently. According to a researcher, the firm’s accumulation levels have jumped to about 150% of the freshly mined coins since the third halving. Grayscale Buys A Lot of Bitcoin As CryptoPotato reported recently, Grayscale had increased its Bitcoin holdings by 60,000 coins for the past 100 days. It...

Tackling Pressing Identity Issues With RIF’s Directory and Name Service

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Identity issues in the digital world are abundant, and that is especially true for the field of cryptocurrencies. Hacks, phishing attempts, mistyped addresses – all these results in the loss of funds and trust. RIF’s Directory layer is designed to handle a lot of these challenges in a way that’s user-friendly and easy to comprehend. What is RIF’s Directory? RIF’s directory is...

Global Telecom Vodafone Teams Up With a Blockchain Firm on Renewable Energy Project

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Global telecommunication company Vodafone is to team up with blockchain startup Energy Web (EW) with the bold plan to connect energy generating assets across the grid.  The Partnership Plan Is To Incorporate SIM-centric DLT with IoT Connectivity The internet-of-things connection will be provided by the leader in this environment Vodafone Business (with the vast of 100 million connections globally) in order...

Twitter CEO’s Cash App Pays $6 in Bitcoin Fees for Each $1 Transaction App Users Make

The Square Cash app owned by Twitter CEO Jack Dorsey will go to great lengths to smooth the onboarding process for its Bitcoin users. When a Cash app user sent 12 different transactions worth $1 each, the app covered the $6 fees required to get his transaction included in the next block – each time. That means the owners and operators...

After 35% Weekly Surge Against Bitcoin, MATIC Finally Slows Down. Price Analysis & Overview

MATIC is looking bullish following a 10% surge over the last 24-hours. Against Bitcoin, it is providing a discount after surging to the 3304 SAT level yesterday. MATIC/USD: Matic Looks Indecisive After A Rejection Key Resistance Levels: $0.0276, $0.0296, $0.043 Key Support Levels: $0.022, $0.019, $0.017 MATIC/USD. Source: TradingView Matic Network saw over 300% gains to recover from the heavy price crash to $0.006 in...

Ethereum Price Analysis: ETH Bounces From $200 But Shows Weakness Against The Rising Bitcoin

Ethereum increased by 3% today as it rebounds from $200 and reaches $208. The cryptocurrency battles to remain above the rising trend line. Against Bitcoin, Ethereum failed to continue above 0.023 BTC as it drops back into the 200-day EMA. Key Support & Resistance Levels ETH/USD: Support: $200, $187, $180. Resistance: $215, $220, $225. ETH/BTC: Support: 0.022 BTC, 0.0215 BTC, 0.021 BTC. Resistance: 0.023 BTC, 0.0236 BTC, 0.024...

Google Cloud Becomes an Enterprise Validator Node In THETA’s Mainnet 2.0

The blockchain video streaming network Theta Labs announced today that Google Cloud had joined its Enterprise Validator Program (EVP). Interestingly, this partnership coincides with Theta’s Mainnet 2.0 launch scheduled to take place also today. Google Cloud And Theta Labs Per the announcement, the tech giant has become the newest member of Theta’s Enterprise Validator Program. Thus, Google Cloud has joined the...

Goldman Sachs, Please Don’t Make The Same Mistake On Bitcoin That Jamie Dimon Regretted

Discussions around Bitcoin and cryptocurrencies, in general, have reached the high seats of investment banking. This becomes clear as the behemoth multinational investment bank Goldman Sachs hosted a conference call headlined US Economic Outlook & Implications of Current Policies for Inflation, Gold, and Bitcoin. Perhaps somewhat expectedly, the banking giant used its platform to bash cryptocurrencies, making some particularly expressive comparisons. Bitcoin...

This Is How I Lost $1,200 Worth of Ethereum (ETH) In 100 Seconds: A Tale of a Costly Mistake

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An interesting and certainly education Reddit thread surfaced today, showing the importance of being extra careful when it comes to dealing with sensitive cryptocurrency information online. A user lost $1,200 worth of ETH in a matter of seconds after accidentally leaving his mnemonic phrases on GitHub. For clarity, a mnemonic phrase or backup seed, as it is sometimes called, is...

Coinbase Strengthens Institutional Focus, Acquires Leading Crypto Brokerage

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Major cryptocurrency firms continue to pave the way for institutional involvement in the space. The US-based digital asset exchange, Coinbase, just announced the acquisition of the leading institutional crypto brokerage Tagomi. Coinbase Acquires Tagomi San Francisco-based cryptocurrency exchange Tagomi announced today the acquisition of the leading institutional cryptocurrency brokerage Tagomi. The move is aimed to bolster the company’s propositions for advanced...