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EY Exec Urges Businesses To Use Public Ethereum Network

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EY Exec Urges Businesses To Use Public Ethereum Network
The Daily Hodl
 Published Few hours ago
EY Exec Urges Businesses To Use Public Ethereum Network 
Paul Brody, blockchain leader for big four accounting firm Ernst & Young, recently highlighted Ethereum as the best path for blockchain-based industry solutions. The key, according to Brody, is focusing on leveraging the public blockchain and all of its existing tools and developers. Brody explained the firm’s blockchain initiatives need to steer clear of private blockchain solutions. He told, The only way that blockchains will deliver upon their true promise to the world is if public blockchain networks are the preferred path for enterprises and investors. Read Full on The Daily Hodl

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Binance Options Contract Hits $295M in Traded Volume
cointelegraph
 Published Today
Binance Options Contract Hits $295M in Traded Volume 
Major crypto exchange Binance claims to have become the largest options venue in the cryptocurrency market, having hit $295 million in traded volume as of April 20. The vice president of Binance Futures, Aaron Gong, said that the platform had overtaken its counterparts by daily traded volume on April 14 just one day after its official launch. 
An options contract offers traders the chance to purchase either a right to buy (a “call option”) or sell (a “put option”) on a given asset at a specified “strike price.” Read Full on cointelegraph

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Ex- Deutsche Bank Veteran to Launch Bitcoin Trading Desk
The Daily Chain
 Published Today
Ex- Deutsche Bank Veteran to Launch Bitcoin Trading Desk 
FXcoin Ltd. is all set to offer Bitcoin trading options on the platform as the firm has started accepting applications from customers. Backed by SBI Holdings Inc, a Japanese conglomerate with significant involvement in the crypto space, FXcoin is one of the 23 entities registered with Japan’s Financial Services Authority. CEO of FXcoin, Onishi believes that the global COVID-19 crisis will pave the way for fresh money to flow into the crypto industry. He also states that he is bullish on crypto, especially because of the fact that digital currencies don’t correlate to traditional assets. Read Full on The Daily Chain

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On-Chain Metrics Paint Bullish Bitcoin Price Picture
Forbes
 Published Today
On-Chain Metrics Paint Bullish Bitcoin Price Picture 
Blockchain data platform Glassnode has revealed some on-chain metrics that indicate optimism around the Bitcoin price in anticipation of the upcoming halving. 42.83% of the circulating Bitcoin supply has not moved in the last two years, which indicates long-term holders were not shaken by the crypto asset market’s decline in March. HODLers capitalised on the discounted BTC and increased their positions. Finally, there are also indications that interest from retail investors has risen, with the number of low balance Bitcoin addresses recently hitting new all-time highs. Read Full on Forbes

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Dole to Integrate IBM’s Food Trust Blockchain To All of Its Division
cointelegraph
 Published Today
Dole to Integrate IBM’s Food Trust Blockchain To All of Its Division 
Dole Food Company, the world’s largest producer of fruit and vegetables, has revealed a five-year plan to expand its adoption of distributed ledger technology, or DLT, for supply chain tracking. The report announces that Dole will comprehensively overhaul its food tracing systems, including the goal of integrating blockchain-based product-tagging and advanced traceability solutions into all of its divisions by 2025. “Blockchain cuts the average time needed for food safety investigations from weeks to mere seconds,” states Dole. Read Full on cointelegraph

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Twitter CEO Jack Dorsey Praises Bitcoin
youtube
 Published Today
Twitter CEO Jack Dorsey Praises Bitcoin 
In a podcast interview with tech researcher, Lex Fridman, Twitter CEO and co-founder, Jack Dorsey told, Bitcoin whitepaper is one of the most seminal wo
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