Live Updates: COVID-19 Cases
  • World 18,490,356
    World
    Confirmed: 18,490,356
    Active: 6,074,001
    Recovered: 11,717,833
    Death: 698,522
  • USA 4,864,282
    USA
    Confirmed: 4,864,282
    Active: 2,256,977
    Recovered: 2,448,305
    Death: 159,000
  • Brazil 2,751,665
    Brazil
    Confirmed: 2,751,665
    Active: 744,644
    Recovered: 1,912,319
    Death: 94,702
  • India 1,865,947
    India
    Confirmed: 1,865,947
    Active: 588,981
    Recovered: 1,237,885
    Death: 39,081
  • Russia 861,423
    Russia
    Confirmed: 861,423
    Active: 185,601
    Recovered: 661,471
    Death: 14,351
  • South Africa 516,862
    South Africa
    Confirmed: 516,862
    Active: 150,286
    Recovered: 358,037
    Death: 8,539
  • Mexico 443,813
    Mexico
    Confirmed: 443,813
    Active: 100,124
    Recovered: 295,677
    Death: 48,012
  • Peru 433,100
    Peru
    Confirmed: 433,100
    Active: 115,198
    Recovered: 298,091
    Death: 19,811
  • Chile 361,493
    Chile
    Confirmed: 361,493
    Active: 17,810
    Recovered: 333,976
    Death: 9,707
  • Spain 344,134
    Spain
    Confirmed: 344,134
    Active: 315,662
    Recovered: ?
    Death: 28,472
  • Iran 314,786
    Iran
    Confirmed: 314,786
    Active: 24,634
    Recovered: 272,535
    Death: 17,617
  • UK 305,623
    UK
    Confirmed: 305,623
    Active: 259,413
    Recovered: ?
    Death: 46,210
  • Saudi Arabia 281,456
    Saudi Arabia
    Confirmed: 281,456
    Active: 34,759
    Recovered: 243,713
    Death: 2,984
  • Pakistan 280,461
    Pakistan
    Confirmed: 280,461
    Active: 25,065
    Recovered: 249,397
    Death: 5,999
  • Italy 248,229
    Italy
    Confirmed: 248,229
    Active: 12,474
    Recovered: 200,589
    Death: 35,166
  • Bangladesh 244,020
    Bangladesh
    Confirmed: 244,020
    Active: 100,926
    Recovered: 139,860
    Death: 3,234
  • Turkey 233,851
    Turkey
    Confirmed: 233,851
    Active: 10,607
    Recovered: 217,497
    Death: 5,747
  • Germany 212,331
    Germany
    Confirmed: 212,331
    Active: 8,399
    Recovered: 194,700
    Death: 9,232
  • France 191,295
    France
    Confirmed: 191,295
    Active: 79,501
    Recovered: 81,500
    Death: 30,294
  • Canada 117,031
    Canada
    Confirmed: 117,031
    Active: 6,487
    Recovered: 101,597
    Death: 8,947
  • China 84,464
    China
    Confirmed: 84,464
    Active: 800
    Recovered: 79,030
    Death: 4,634
  • Netherlands 55,955
    Netherlands
    Confirmed: 55,955
    Active: 49,805
    Recovered: ?
    Death: 6,150
  • Australia 18,730
    Australia
    Confirmed: 18,730
    Active: 7,876
    Recovered: 10,622
    Death: 232
  • S. Korea 14,423
    S. Korea
    Confirmed: 14,423
    Active: 770
    Recovered: 13,352
    Death: 301
  • New Zealand 1,567
    New Zealand
    Confirmed: 1,567
    Active: 22
    Recovered: 1,523
    Death: 22

BlackRock Inc. studying technology underlying cryptocurrencies, Bitcoin soars

Author at TechGenyz Bitcoin
Bitcoin Rises
Credit: Freepik

BlackRock Inc., the world’s largest asset manager, shows interest in the technology that acts as the foundation behind digital coins, and Bitcoin rises by the largest mark in two weeks.

The greatest cryptocurrency increased 5.5 percent reaching $6,525 as of 6:51 a.m., New York time, Bloomberg reports. Meanwhile, Litecoin, Ripple, Ethereum – the rival coins showed a rise of at least 5 percent. But what’s noteworthy is that Bitcoin hasn’t headed for a one-day gain of more than 2 percent since July 2.

According to reports by London’s Financial News, a team formed by BlackRock has been entrusted with the job of finding out ways to take advantage of the cryptocurrency market and blockchain. The report informed that the company was studying to decide whether or not it would take on an active role in the Bitcoin futures market. But a BlackRock spokesman refused to comment on this. A statement made by the firm said that it was chiefly focusing on the blockchain, the technology behind all digital currencies.

Last week, it was said, Steven A. Cohen, the American billionaire investor, has invested in a hedge fund that will study cryptos and blockchain companies. On the other hand, in Zurich, the owner of Switzerland’s securities exchange has said that this will enable the creation of a platform for the trade of digital assets.

Career

Subscribe