Golden Outpost | 50% of the BTC mining volume in the first quarter has been bought by Grayscale and CashApp

Golden Finance News, on May 7, the encryption fund management company ListedReserve revealed on social platforms that the asset management company Grayscale (Grayscale) and the online payment application CashApp have bought more than 50% of the BTC mined in the first quarter.

Golden Noon News | A list of important news at noon on July 24: 7:00-12:00 Keywords: Grayscale, TRC20-USDT, MakerDAO, Ministry of Industry and Information Technology

1. The holdings of Grayscale BTC Trust increased by 2030 in the past week.

2. The circulation of TRC20-USDT has exceeded 3 billion pieces.

3. Compound launched cDAI's latest interest rate model proposal 018.

4. Indian Prime Minister Narendra Modi: Blockchain is an "opportunity for cutting-edge technology."

5. MakerDAO's proposal on anchoring the stablecoin module PSM was not approved.

6. The South Korean police began to investigate the information leakage of the government's new encryption tax law amendment.

7. Wuhan Municipal People's Government: A one-time reward of 2 million yuan for being shortlisted for the top 100 national blockchains.

8. The Bank of Chongqing has become the central and western directly connected cross-border financial blockchain platform bank.

9. The Ministry of Industry and Information Technology, the National Development and Reform Commission and other departments support small and medium-sized enterprises in the development and application of blockchain and other technologies. [2020/7/24]

According to previous reports from Golden Finance, Grayscale has been buying crypto assets this year. In addition to BTC, Grayscale also purchased nearly 50% of the mined ETH in 2020. The data shows that the total amount of ETH mined from the beginning of 2020 to April 24 was 1,563,245.875 pieces. As of December 31, 2019, Grayscale has issued a total of 5,230,200 Ethereum trust funds, and by April 24, 2020, Grayscale's Ethereum trust fund shares have reached 13,255,400 shares. According to 0.09427052 ETH per share, Grayscale bought 756,239.777 ETH, which is equivalent to 48.4% of the mined ETH was purchased by Grayscale in 2020.

Countdown to BTC Halving | Golden Finance Mining Earnings Report: According to Jinse Finance, according to OKEx mining pool data, the next BTC halving date is expected to be May 15, 2020, and today is 48 days away. The current block height of BTC is 623099, and the block height of the next halving is 630000.

Today, the computing power of the entire network is about 95.58EH/s, and the difficulty of the entire network is about 13.91T. The next difficulty is predicted to be 11.77T (-15.39%). There are still 13 days left before the adjustment. Today’s BTC income: 0.00001808BTC/T/day. [2020/3/27]

Golden Relativity | ATN&Atmatrix CEO Gao Qingzhong: The blockchain brings four unique advantages to the AI Market: In this issue of Golden Relativity, ATN&Atmatrix CEO Gao Qingzhong mentioned that there are several main unique advantages that the blockchain brings to the AI Market Part: 1. Blockchain is an intelligent decentralized peer-to-peer network that uses a distributed database to identify, disseminate and record information; 2. Smart Contract (Smart Contract), a program that runs on the blockchain, is characterized by Once the designation is established, it can be executed automatically without the participation of the third party, and no one can stop its operation; 3. DBot is an AI product running on the blockchain, which has a protocol library for communicating with the blockchain; 4. DApp, a decentralized application based on blockchain development, can easily call AI through AI Market. [2018/7/17]

On May 1, Grayscale released a report stating that an unlimited supply of fiat money could lead to a depreciation of the dollar. Unsustainable debt levels and fears of widespread defaults are driving the most aggressive monetary policy since Bitcoin’s inception. Fiat currencies are at risk of devaluation, government bonds reflect low or negative real yields, and delivery issues underscore gold's outdated role as a safe haven. In an environment characterized by uncertainty, hedging options are limited. Central banks are currently conducting unlimited quantitative easing (QE), while the supply of Bitcoin has been cut in half. There are signs that Bitcoin is becoming a safe haven while maintaining asymmetric returns.

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