DIGIT

Novel Coronavirus Forces Apple to Close all Stores Outside of China

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The novel coronavirus outbreak continues to make its mark on different sectors and industries. Apple, one of the world’s leading technology giants, is closing all stores outside of China due to COVID-19. It is evident that this pandemic will create a lot of financial concerns globally. Apple is Closing Most of its Stores Even companies … Read more

With $1.5 Billion Under Management Grayscale Bitcoin Trust Slides 30%

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Prior to the market carnage on March 12, the Grayscale Bitcoin Trust (GBTC) had acquired over 300,000 BTC. Grayscale’s trust has been one of the longest-running FINRA approved investment vehicles with bitcoin assets under management. On Feb. 5, GBTC shares climbed more than 10% that week and investors were also paying a 20-30% premium. Since … Read more

Crypto Networks Stress Tested During Bitcoin’s Wild Week

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Crypto valuations haven’t been the only casualties of this week’s market crash; crypto networks have also felt the strain. As onchain activity has ramped up in response to the market slump, fees have soared and the mempool filled on the BTC and ETH chains. Other crypto networks have operated smoothly, however, despite the pandemonium. Also … Read more