Bitcoin Guru

Miner outflows of bitcoin have dropped to decade lows, with analysts suggesting a hoarding mentality is partly responsible. The seven-day average of the total amount of bitcoin transferred out of miners' addresses declined to 987 on Thursday, hitting the lowest level since Feb. 3, 2010, according to data source Glassnode. The previous decade low of 988 was registered on May 23. glassnode-studio_bitcoin-miners-outflow-volume-7-d-moving-average Source: Glassnode The number of coins being sent by miners to exchanges is also at its lowest point in over a year, as noted by Glassnode in its weekly report. "It is a sign of efficient miners continuing to hoard (only selling a proportion of BTC)," said Asim Ahmad, co-chief investment officer at London-based Eterna Capital. The increase in miner holding does not necessarily have long-term bullish implications for the cryptocurrency's price. Miners tend to operate mainly on cash and liquidate their holdings almost on a daily bas...

The New York Times believed that blockchain technology could serve as a solution to fight fake news and disinformation. They admired that a public blockchain could serve as a shared source of truth and that could be referenced if there was a piece of news or a photograph, whose origin or legitimacy was questionable. In July 2019, The New York Times unveiled News Provenance Project—an initiative that used blockchain to fight misinformation. However, after a year of research and development, the News Provenance Project team admits that they are still very far away from having a fully functional product that is ready for the world. "This prototype was an experiment that taught us a lot about the power of credible, contextual information in social media feeds, but there is a long way to go before something like this can be fully realized," said Pooja Reddy, a product manager at The New York Times. Although the team at the New York Times was able to make advances when it comes to ...