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Posts Tagged ‘DATA’

Venezuela and Argentina Are Buying the Dip, New Data Shows

If you look at the latest activity on Localbitcoins, there has been a large spike in recent days from both Argentina and Venezuela buying bitcoins. Both these troubled Latin American countries have displayed a steady increase in buying cryptocurrency due to rising inflation and troubled economies. But is the sudden uptick evidence of the two…

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New Data Shows Grayscale Fund Quietly Buying Bitcoin – Now Controls 1% of Supply

Grayscale investors and a few Ethereum whales have reportedly been accumulating more Bitcoin and Ethereum as the price is at yearly lows. Grayscale Has 1%  of Bitcoin Circulating Supply While 2018 continues to be a challenging year for cryptocurrencies, some big-money players are taking advantage of lower prices to increase their virtual currency holdings. According to…

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A Top-5 US Hospital Is Exploring Blockchain for Patient Data

Massachusetts General Hospital (MGH), one of the top-five hospitals in the US, is partnering with Korean blockchain startup MediBloc in an effort to find better ways to store and share patient data. Synho Do, director of the Laboratory of Medical Imaging and Computation, a joint venture of MGH and Harvard Medical School, told CoinDesk that…

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GM Patent Touts Blockchain As Data Solution for Self-Driving Cars

General Motors (GM) may be looking to blockchain for sharing information associated with autonomous vehicles. A patent application published Thursday by the U.S. Patent and Trademark Office detailed a process by which self-driving cars would be able to store all their data on a distributed ledger. The document, produced by GM Global Technology Operations LLC, further…

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LocalBitcoins Volumes Are Dominated by Russia and Venezuela, New Data Finds

LocalBitcoins is a good yardstick for measuring bitcoin usage on a country by country basis. A new analysis dives deeper than ever before into the data, considering metrics that have previously been overlooked. Locally Sourced Produce Though the majority of bitcoin activity occurs via online exchanges, country-specific data is hard to come by. LocalBitcoins does separate trade…

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CoinMarketCap Excludes Some Tether Data After Clarification by Bitfinex

CoinMarketCap, the most-visited aggregator of cryptocurrency market data, has changed the way it uses data from the Bitfinex exchange in response to a report by CoinDesk. On Tuesday, CoinDesk pointed out that a trading pair shown on CoinMarketCap – seemingly, for trades between the tether stablecoin (USDT) and U.S. dollars – did not, in fact,…

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Bitfinex Is Publishing Data for a Tether Market That Doesn’t Exist

Pop over to CoinMarketCap and check Bitfinex’s page. You’ll see that the trading pair with the second-highest volume on the exchange over the past 24 hours – nearly $48 million at the time of writing – is USDT/USD: the tether stablecoin, which aims for parity with the U.S. dollar, and the U.S. dollar itself. From…

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Coinbase Hires LinkedIn Executive as New Data Chief

Cryptocurrency exchange startup Coinbase has hired LinkedIn’s head of analytics and data science. Michael Li, a senior LinkedIn executive who spent more than seven years with the professional networking platform, is taking on the role of vice president of data, according to a blog post published Tuesday. Li’s career to date has revolved around incorporating data…

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