Connect with us

Blockchain

Blockchain in Genomics: Scripting the Genetic Story of Encrypgen

Blockchain in Genomics: Scripting the Genetic Story of Encrypgen Blockchain Healthcare Review

Today, a new movement impacting consumers and their genetic data is garnering worldwide attention. At the epicenter of this activity is Encrypgen, the world’s first genomic data marketplace.

The post Blockchain in Genomics: Scripting the Genetic Story of Encrypgen first appeared on Blockchain Healthcare Review.

Avatar

Published

on

Blockchain

Grayscale Files Registration Statement With SEC for $GDLC

Avatar

Published

on

Grayscale Investments files with the SEC to make a reporting company out of its diversified large-cap fund.

Grayscale Investments announced today the public filing of a Registration Statement on Form 10 with the U.S Securities and Exchange Commission (SEC). The move was done on behalf of Grayscale Digital Large Cap Fund (GDLC). The voluntary filing is subject to SEC review and is the third investment fund of Grayscale’s to be registered as a reporting company with the SEC. 

The Digital Large Cap Fund’s goal is to hold large-cap crypto assets together to make up 70% of the virtual asset market. The fund intends to hold on to a market capitalization-weighted portfolio, which is under quarterly review for rebalancing to meet the target coverage ratio.

The fund is an investment vehicle that gives investors the ability to partake in asset allocations using the fund’s shares.  The filing goes along with Grayscale’s commitment to moving the GDLC through the product pipeline and eventually launch a digital currency ETF.  

If the SEC accepts the registration, the trust will then become subject to Regulation 12A under the U.S. Exchange Act.  The 12A Regulation will require regular reporting, but is expected to attract investors with more conservative mindsets. The announcement is also the first step in the journey of making the fund into a publicly-traded asset. This is because a thumbs up from the SEC would also register the shares with the commission. 

The GDLC was launched back in 2019 and has since grown nearly 300%. The fund is made up of five different cryptocurrencies including bitcoin (BTC), bitcoin cash (BCH), ethereum (ETH), litecoin (LTC), and Link (LINK). 

While the GDLC has been earning well, Grayscale’s Bitcoin Trust (GBTC) has not been as fortunate. The GBTC, which has been trading at a discount for months, recorded a record low this week of -20.448%. This means the shares of GBTC are more than 20% less than its net asset value.

According to GDLC, the fund has exceeded $630 million in managed assets, while the Grayscale firm manages over $53 billion in overall assets. Shares of the GDLC are trading on over-the-counter markets, an ATS operating on different regulations than a regular exchange.

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

Share Article

Matthew De Saro is a journalist and media personality specializing in sports, gambling, and statistics. Before joining BeInCrypto, his work was featured on Fansided, Forbes, and OutKick. With a background in statistical analysis and a love of writing, he takes an outside-the-box approach to reporting news.

Follow Author

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://beincrypto.com/grayscale-files-registration-with-the-sec-gdlc/

Continue Reading

Blockchain

NANO Reaches New Highs Despite Market Correction

Avatar

Published

on

Despite a sharp bitcoin (BTC) drop, nano (NANO) has increased by more than 40%, in the last 24 hours.

NANO is attempting to reclaim the $13 area and validate it as support. This would confirm that the trend is bullish and the token is heading for new highs.

New NANO all-time high

NANO reached a new all-time high of $17.70, on May 13. However, it immediately decreased, and has created a long upper wick of 26%, at the time of writing.

Currently, it is trading just inside the $13 area, which acted as the daily closing price of the previous all-time high, on April 17. Whether the area gets reclaimed, hence validated as support, or the price gets rejected will be an important determinant of whether the trend is bullish or bearish.

Technical indicators in the daily time-frame are bullish. The Stochastic Oscillator has made a bullish cross (green). The RSI is close to crossing above 70 and the MACD is increasing.

Therefore, it is more likely that NANO validates the $13 area as support and continues to move upwards.

If so, the next resistance areas would be located at $19.45 and $27.64, respectively. They are found by using an external Fib retracement on the most recent drop.

NANO All-Time High
Chart By TradingView

Short-term movement

A look at the short-term movement shows that NANO has broken out from a descending resistance line, further supporting the hypothesis that the trend is bullish. 

In addition, the previously outlined horizontal support area coincides with the 0.5 Fib retracement support level, increasing its significance.

Therefore, it is probable that the token finds support near this level before continuing upwards.

NANO Short-Term
Chart By TradingView

To conclude, whether NANO reclaims or gets rejected by the $13 level, will be an important determinant of the direction of the future trend. The price action and indicator readings suggest that it will probably be successful in doing so.

For BeInCrypto’s latest bitcoin (BTC) analysis, click here.

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

Share Article

Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo.
In 2019, he decided to focus full-time on cryptocurrencies and trading.

Follow Author

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://beincrypto.com/nano-reaches-highs-despite-market-correction/

Continue Reading

Blockchain

New IP Whitelisting Now Available on V2

Avatar

Published

on

New IP Whitelisting Now Available on V2

We are happy to announce that IP whitelisting is now supported on Coinigy V2 for the following exchanges: Bitfinex, Bitstamp, Coinmate, Exmo, Kucoin and OKEx. More exchanges are on their way as well. Users can find this updated list of IP addresses by going to the the V2 Keys tab, then click the blue “+ ADD API KEY” button. Then simply click on one of the above exchanges and copy/paste the IP addresses to the exchange.

You’ve successfully subscribed to Coinigy Insights!

Could not sign up! Invalid sign up link.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://insights.coinigy.com/ip-whitelisting-now-available-on-v2/

Continue Reading

Blockchain

‘That’s Going to Be Phenomenal,’ Shark Tank’s Kevin O’Leary on NFTs

Avatar

Published

on

The tracking and validation capabilities of non-fungible tokens (NFTs) are what has attracted Canadian businessman and Shark Tank host, Kevin O’Leary to the newest digital trend.

NFTs are one-of-a-kind virtual assets that are represented on the blockchain by unique codes.  Each of these non-fungible tokens can be bought, sold, or traded much like any physical asset. The difference here is the blockchain allows both owners and transactions to be easily tracked. 

“It gives you unique ability to actually track the provenance of a piece of digital art in perpetuity. Only one person owns it and it can’t be disputed and it can’t be counterfeited. That’s really remarkable,” O’Leary said.

O’Leary does make it clear, that although he is bullish on the future of NFTs, he has yet to buy any. “I haven’t bought any yet. I’m waiting to see when the volatility of the pricing changes. But this has legs. It’s going to work.”

Change of opinion

It is a radical change of opinion for O’Leary, who as recently as January called bitcoin (BTC) “a giant-nothing burger” and said he would not invest in “garbage” such as cryptocurrencies.  

Cut to April, and the “Shark Tank” star is now allocating 3% of his entire investment portfolio into the world’s largest crypto. His change of heart was brought upon by bitcoin ETFs and inflation worries. The 3% investment will be a hedge against inflation, according to O’Leary. He said:

“The concern I have right now in the U.S. market is a $1.9 trillion, basically free-money helicopter, out of the sky, into the economy. How do I hedge myself against that? If the regulator is now opening up to allow me to allocate to crypto, why not? When facts change, I change.” 

The cable TV star, businessman, and former politician is not the only big name in the business to come around on cryptocurrencies and NFTs. Elon Musk and O’Leary’s co-host Mark Cuban are two examples of this. Both are incredibly wealthy, influential in finance, and have also jumped on board of cryptocurrencies after initial skepticism. 

As far as the NFT market goes, O’Leary appreciates the technology because of its uses throughout many different areas. Artists, musicians, athletes, game developers, and fashion icons have all found homes in the NFT market already.

Part of the future

O’Leary thinks NFTs are an integral part of the future of music and a way to keep ownership secure. “When you record a track and it gets copied thousands of times, with this technology, the original artists or their estate after they pass will continue to get paid,” he explained.

This is in reference to smart contracts, or collections of code that carry out instructions on the blockchain. They allow creators of any NFT to earn royalties as their creations are sold and re-sold across the internet. 

It’s a solution that has plagued artists and people that try and authenticate art for generations,” O’Leary stated. “The whole issue goes away using this digital tracing. That’s the best way to think about it. You actually imprint something in it that can never, ever be stolen or copied and you can always trace it back to the originator. I think that’s going to be phenomenal.”

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

Share Article

Matthew De Saro is a journalist and media personality specializing in sports, gambling, and statistics. Before joining BeInCrypto, his work was featured on Fansided, Forbes, and OutKick. With a background in statistical analysis and a love of writing, he takes an outside-the-box approach to reporting news.

Follow Author

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://beincrypto.com/thats-going-to-be-phenomenal-kevin-oleary-on-nfts/

Continue Reading
Cleantech44 mins ago

The Changing US EV Market — Podcast

Nano Technology44 mins ago

Polarization-sensitive photodetection using 2D/3D perovskite heterostructure crystal

Nano Technology44 mins ago

With a zap of light, system switches objects’ colors and patterns: “Programmable matter” technique could enable product designers to churn out prototypes with ease

Nano Technology45 mins ago

Graphene key for novel hardware security

Nano Technology46 mins ago

180 Degree Capital Corp. Reports +14.2% Growth in Q1 2021, $10.60 Net Asset Value Per Share as of March 31, 2021, and Developments From Q2 2021

HRTech46 mins ago

Marktupdate 13. Mai 2021NEU 

Nano Technology47 mins ago

Tiny, Wireless, Injectable Chips Use Ultrasound to Monitor Body Processes

AI53 mins ago

Here Come the AI Regulations  

AR/VR56 mins ago

Review: Zero Caliber: Reloaded

Aerospace1 hour ago

Starlink teams up with Google for ground infrastructure

AI1 hour ago

Pandemic Spurred Identity Fraud; AI and Biometrics Are Responding 

AI1 hour ago

The Rocky Road Toward Explainable AI (XAI) For AI Autonomous Cars 

Esports2 hours ago

Riot to target League’s systemic mobility in areas ‘where it has crept or gone too far’

Blockchain2 hours ago

Grayscale Files Registration Statement With SEC for $GDLC

Esports2 hours ago

Sony to add in-game rewards for Rocket League, NBA 2K21, Call of Duty: Warzone, and more to PlayStation Play At Home 2021

Esports2 hours ago

Vivian Animal Crossing New Horizons: Everything You Need to Know

Aviation2 hours ago

The A321XLR Could Change The Shape Of Long Haul Flying Forever

Covid192 hours ago

Adolescents Can Get Routine Immunizations With Their COVID Shots, CDC Advisers Say

SPAC Insiders2 hours ago

Stable Road Acquisition Corp. (SRAC) Secures Deadline Extension

Esports2 hours ago

ESA shares new details about E3 2021’s digital format, app, and online portal

AR/VR2 hours ago

Population: One’s Wild West Season 2 Arrives Today, Bureau Gold Code Inside

Energy2 hours ago

Worldwide Copper Pipes and Tubes Industry to 2026 – Featuring Furukawa Electric, KME and Kobe Steel Among Others

Gaming2 hours ago

Humble Bundle Unveils The Covid-19 Bundle

Gaming2 hours ago

Insomniac Games Director Would Love To Bring Back Sunset Overdrive

Esports2 hours ago

League player uses just 8 auto attacks to complete 1-vs-4 Nexus defense

Esports2 hours ago

Resident Evil Village WCX vs. Dragoon: Which is Better?

Cleantech2 hours ago

Gossip, Carbon Emissions, & Electric Cars: Deliberate Disinformation Goes Viral

Energy2 hours ago

Resultados de las ganancias del primer trimestre de 2021 de Loop Energy y conferencia telefónica

Covid192 hours ago

KFF COVID-19 Vaccine Monitor: COVID-19 Vaccine Access, Information, and Experiences Among Hispanic Adults in the U.S.

Esports2 hours ago

Call of Duty League and Overwatch League will reportedly allow betting and liquor sponsors

Trending