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One Stop Cryptocurrency News Cast For April 28th 2020 ?

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๐Ÿ“ฎ 28-04-2020

๐Ÿ“ˆMarketCap:                  $224  B
๐Ÿ“Š24h Mcap %:                  2.14%
⚠️Bitcoin Dom:                 63.70%

๐Ÿ“ŒActive Coins:                 3,032
๐Ÿ“24h Vol %:                     -6.59%
๐Ÿ’ฒ24h Vol:                         $125 B

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1. Nearly Half of All Bitcoin Hasn’t Moved In Two Years
According to new on-chain analytics, more and more crypto investors are holding bitcoin.The data shows that 42.83% of entire circulating Bitcoin supply, hasn’t moved in for at least two years, a number that has increased by an additional 10% this year alone, as Bitcoin prices returned to extreme lows that proved to be too attractive for investors to pass up. There are currently 18,348,100 BTC in circulation, of that number, 7,858,491 BTC haven’t moved in nearly two years. Read Full on glassnode.

2. NYC Largest Health Group To Battle COVID-19 with IBM Blockchain Tech
Northwell Health, the largest health group in New York State with over 800 hospitals, joins IBM's new blockchain network, Rapid Supplier Connect to purchase new suppliers for COVID-19 relief. IBM’s network is a cloud-based application that uses distributed ledger technology to assist businesses providing coronavirus relief supplies to connect with buyers. IBM Blockchain has devoted its Rapid Supplier Connect network for assisting and vetting suppliers providing emergency goods needed for coronavirus relief efforts. Read Full on cointelegraph.

3. Cardano One Step Closer To Launching Its Shelley Mainnet
Cardano is one step closer to launching its Shelley mainnet—its long awaited upgrade. In a private beta, it has created the first block in its Shelley blockchain. This is essentially a test version of its Genesis block, which will be created when the mainnet goes live. Cardano's head of engineering, Duncan Courts, reported first that it had been created. Cardano founder, Charles Hoskinson, confirmed the news later. Hoskinson explained on Twitter that the block was produced within the "friends and family" stage of Shelley's initialization. Read Full on twitter.

4. Benefits Of Bitcoin To Retailers Will Be Catalyst For Adoption: Tim Draper
During the Virtual Blockchain Week, Tim Draper, a recognized venture capitalist and investors, stated that one of the catalysts of Bitcoin adoption will be benefits it provides to retailers. Indeed, they will see that they will not have to pay the fees they were paying before for every single purchase they made. He has also said that he would eat a raw egg if Bitcoin doesn’t reach $250,000 as he expects. Regarding his prediction, he commented: “That’s my prediction. Sticking with it. I’m very confident that that is going to happen. That’s happening. It’s kind of funny.” Read Full on Twitter.

5. World Economic Forum Using Blockchain To Restore Food Supply Chains
The WEF has published a report advocating for the adoption of blockchain-based supply chain solutions to respond to the COVID-19 pandemic and restart the global economy. To assist business and governmental leaders in deploying blockchain-based supply chain solutions, the WEF has also launched its "Redesigning Trust: Blockchain Deployment Toolkit" — which is intended to enable “leaders to maximize the benefits and minimize the risks” associated with DLT. The toolkit was saw contributions from more than 100 public and private entities spanning 50 countries Read Full on Forbes.

6. PlanB: New Stock-to-Flow Forecast Puts Bitcoin Price at $288K by 2024
The latest version of a popular and thus far accurate Bitcoin (BTC) price model predicts an average price of $288,000 — and it could happen this year. In a blog post introducing the third incarnation of the stock-to-flow (S2F) model on April 27, analyst PlanB revealed fresh calculations that are taking his forecast ever higher. Stock-to-flow calculates a value based on the supply of new Bitcoins entering circulation through mining versus the existing supply, or “stock.” Read Full on medium.

7. Indian Tech Firm Develops Blockchain App for Vehicle Inspection
Indian tech startup Smart Sight Innovation (SSI) has developed a blockchain app that uses HyperLedger blockchain technology, to improve maintenance and inspection of vehicles. SSI said that the app creates a summary of various issues like repair work and compliance with inspection criteria faced by a vehicle. It also sends alerts to vehicle drivers, and takes pictures of parts to provide detailed reports to vehicle owners. App aims to relieve car drivers and owners from the paperwork associated with vehicle maintenance and inspection. Read Full on cointelegraph.

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