Bridgewater Associates CFO heads to Bitcoin-focused firm

The New York Digital Investment Group, or NYDIG, tapped Jon Dalby as its new CFO. Departing his position as the chief financial officer of Bridgewater Associates, John Dalby will assume the post of chief financial officer for Bitcoin-focused tech and finance company NYDIG. “The NYDIG team and I are extremely excited to welcome John,” NYDIG …

Qtum price rallies 160% as the project’s focus on DeFi pays off

QTUM price hit a 3-year high above $35 as the team’s focus on DeFi and staking attracts new users. After rallying 1.510% in 2021, QTUM price hit a $35.70 all-time high on May 7. This relatively obscure altcoin launched in September 2017 is a fork of the Bitcoin Core 0.13 version, but it also integrates …

Qtum price rallies 160% as the project’s focus on DeFi pays off

Will Amazon’s Digital Currency Lead the Way to Crypto Adoption?

Amazon has announced plans for its own digital currency, according to various news reports. Though the project is not a blockchain-based cryptocurrency, the decision could potentially lead the way to crypto adoption in the future. Here’s why. Amazon Has Hired a Regulatory Team According to the U.K. newspaper The Telegraph, Amazon has recently recruited six …

Bitcoin’s Influence on Traditional Financial Markets

Bitcoin was founded in early 2009 by an anonymous individual or group of individuals using the pseudonym Satoshi Nakamoto. It was initially mostly used for online gambling and received little coverage. However, now we see the increased popularity of virtual currency and the financial sector is trying to implement it in many different services and …

Bitcoin’s Influence on Traditional Financial Markets

Bitcoin Price Finds Support for $60k Push, Analyst Sees LTC Rally, BAKE, FTM, May. 3

BTC Bitcoin price gains have continued over the last week as the coin cements the support around the $50k level. There was a risk of further selling, but the bulls have kept the uptrend intact for now.  One reason for the recent gains in BTC was another options expiration on Friday and this one was …

Who Was Satoshi Nakamoto? Speculation Ten Years After His Disappearance

April 2021 marks the tenth anniversary of Bitcoin creator Satoshi Nakamoto’s disappearance, an event that passed control of the blockchain to its community. Nakamoto sent his last message to other developers in 2011. Among those is a note that reads: “I’ve moved on to other things. It’s in good hands with Gavin and everyone.” That …

EEA Member Spotlight with Mark Fitzgibbon, DAO Member – Operations at API3 

EEA Member Spotlight with Mark Fitzgibbon, DAO Member – Operations at API3  As an EEA member, API3 is part of the EEA community of organizations working to advance Ethereum and drive industry adoption. In the Q&A below, the EEA interviewed Mark Fitzgibbon on the ways API3 helps the ecosystem achieve the potential impact of Ethereum. …

EEA Ethereum Developer Tool Survey Results

The Enterprise Ethereum Alliance Mainnet Working Group created a survey to solicit input from enterprise developers working on Ethereum applications.  The survey was promoted by email to EEA mailing lists, and on Twitter, from November 2020 to January 2021. Here is a summary of the results and responses to key questions. There were 42 respondents. …

Q&A with EEA’s EthTrust Security Levels Working Group Co-Chairs on the Importance of EthTrust

The Enterprise Ethereum Alliance (EEA) announced the formation of the EEA EthTrust Security Levels Working Group, which will continue the advances begun by the Ethereum Trust Alliance (ETA), now part of the EEA, on the EthTrust project. The group aims to set standards for secure, smart contract transactions that are conducted within the Ethereum ecosystem. In the Q&A below, EEA EthTrust Security Levels Working Group …

Q&A with EEA’s EthTrust Security Levels Working Group Co-Chairs on the Importance of EthTrust

How Ethereum Layer 2 scaling solutions address barriers to enterprises building on Mainnet

Tas Dienes, EEA Mainnet Working Group December 2020 If you’ve been following the buzz in the Ethereum ecosystem recently, you’ve probably heard about high transaction fees and the limited processing capacity of Mainnet.  You may also have heard about Layer 2.  Layer 2 is a set of technologies or systems that run on top of …

Number of XRP Whales Holding 10M+ Coins Increased by 3.5% in Q1 2021

Q1 2021 was a period of XRP accumulation by whales The number of XRP whales holding 10 million or more coins increased from 308 to 319 in Q1 The number of XRP whales holding between 1 million and 10 million increased from 1,125 to 1,196 XRP ledger transactions increased by 23% in Q1 as unique …

Ethereum Classic (ETC) Hashrate Hits an All-time High of 33TH/s

Ethereum Classic’s hash rate has hit an all-time high of 33TH/s This is the highest hash rate since ETC was launched in 2016 Ethereum Classic has also set a new all-time high of $179.83 – Binance rate ETC is now ranked 13th in terms of market cap and still trading at a premium on Coinbase …

22.8% Of Ethereum’s Circulating Supply is Deposited in Smart Contracts

Ethereum deposited in smart contracts has reached 22.8% of its circulating supply Ethereum on crypto exchanges has dropped to 12% of the circulating supply 2021 has seen 10 events where over 200k ETH is withdrawn from exchanges in a day Ethereum has set a new all-time high of $3,605 – Binance rate The trend of …

Bitcoin is Ready for Another Leg Up as Exchange Outflows Increase

Bitcoin could be gearing up for another leg up due to investors and traders moving their BTC out of exchanges Less Bitcoin is stored on Coinbase than during the 2017 bull cycle According to Bloomberg, Bitcoin is in the early days of adoption and primed for further growth Bitcoin could be gearing up for another …

ETH Tops $3k USD for the First Time as Mainstream Adoption Blasts Higher

ETH, Ethereum Network’s native token, reached the $3k milestone on May 2nd, after a week of reaching new all-time highs. In addition to a jump in prices, ETH has been the subject of interest by institutional and private investors. The second-largest cryptocurrency by market capitalization has experienced gains in the value of 37% over the …

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