EU blockchain projects shifted ‘beyond the hype’ to practical applications: Report

The CIO rebutted a more bearish take by investment researcher Jim Bianco, who noted that 85% of Bitcoin ETF uptake “is NOT from tradfi institutions.”

Bitcoin (BTC) plunged below $40,000 on March 4 and has been trading below the level throughout the weekend.Although the crypto price action has been volatile in the past few days, Glassnode data shows that institutional investors have been gradually accumulating Bitcoin through the Grayscale Bitcoin Trust (GBTC) shares since December 2021.Another positive sign has been…

Bitcoin (BTC) fell to its lowest level since March 8 on Thursday as U.S. dollar strength added to selling pressure near $60,000.BTC/USD 1-day candle chart (Bitstamp). Source: TradingviewBTC price saved from $40,000 zoneData from Cointelegraph Markets Pro and Tradingview showed BTC/USD testing $50,000 for the first time since sealing the level as support earlier this month.After…

Algorand developed a new cryptographic primitive replacing the common Merkle roots that vastly improves performance for certain types of blockchains, including Ethereum. The Algorand (ALGO) project has developed a new cryptographic primitive called Pointproofs. The team believes they are a significant improvement to the Merkle proofs used in many blockchain systems.Cointelegraph spoke with Sergey Gorbunov,…

Bitcoin’s (BTC) price initially dipped, but then recovered on April 3. The volatility happened after several OPEC+ members announced plans to cut oil production totaling 1.65 million barrels per day until the end of the year. Some analysts expect this move to tighten supply, resulting in higher prices at the pump. That may in turn…

The United States Department of the Treasury met with prominent figures from the cryptocurrency space to discuss regulatory challenges.The Treasury announced on Mar. 2 that it along with industry thought leaders and compliance experts discussed the supervision of crypto assets.Secretary of the Treasury Steven Mnuchin said that the U.S. welcomes responsible innovation with the potential…

Bitcoin (BTC) futures open interest just had its most extensive daily reduction in five months. Yesterday's 11% drop move caused more liquidations than May 9 when BTC plunged 12.5% to $8,600.BTC futures open interest in USD terms. Source: SkewSkew data shows total open interest down by $653 million, reaching $4 billion on Sept. 3. That…

Blockchain development platform Reach is aiming to create universally compatible DApps by building a javascript-like programming language. 1226 Total views 2 Total shares Reach, a blockchain development platform for decentralized applications, has raised $12 million from investors to further its goals of simplifying the DApp creation process, the company announced on May 26.The latest funding…

Earlier this week, the Ethereum co-founder sold $700,000 worth of “shitcoins.” 310 Total views 6 Total shares Own this piece of history Collect this article as an NFTEthereum co-founder Vitalik Buterin's latest salvo against “shitcoins” has ended up with him simply being sent more of it.Only days ago, the Ethereum developer made moves to sell…