Charity project gained $9000000 dollars in BTC in six month

Bitcoin and blockchain technology help charity fund 
30 June 2017   2656

Distributed database that is used to maintain a continuously growing list of records, called blocks


Is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen

Fidelity Charitable, the charity fund, part of the fund giant Fidelity Investments, gained nearly $9 000 000 in bitcoin during the first half of this year, according to its financial report.

Last year Fidelity Charitable gained $7 000 000 in bitcoin. For first half of 2017, this number is "beaten" $2 000 000 more. According to mentioned report, the whole fund gained $2 000 000 000 for the first half of 2017.

This information was provided after CEO of Fidelity had a speach at CoinDesk's Consensus 2017 blockchain conference. She talked about deep interest of the fund in blockchain industry. 

Fidelity was established in 1991, began bitcoin raising in 2015. It has helped to support more than 235,000 nonprofit organizations with more than $26 billion in grants.

Most Crypto-Optimists Live in Norway, Bitflyer Study

According to bitFlyer's poll on future of crypto, europeans believes cryptocurrency has future
24 April 2019   101

Most Europeans believe that in ten years digital currencies will continue to be in demand, but they do not have the same confidence about Bitcoin. This is reported by Cryptonews, citing a study of the bitFlyer.

10 thousand people from ten European countries took part in the online survey. Of these, 63% believe in a “bright future” cryptocurrency. However, not all Europeans are confident in the future of Bitcoin - only 55% believe that the first cryptocurrency will exist in ten years.

It is also noteworthy that, despite the fall in prices of most cryptocurrencies that lasted for almost a year, the majority of respondents positively assessed the prospects for the development of the market.

Most of the “crypto-optimists” turned out to live in Norway - 73% of the inhabitants of this Scandinavian country are convinced that a decade later, digital currencies will still be in society. This is followed by Italy (68%), the Netherlands and Poland close the top four (67% each).

The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time
The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time

But the exact form of cryptocurrency will exist, almost no one knows. Only 8% believe that they will become money, and 7% - a tool for investment or a means of preserving value.

The fact that Bitcoin is not generating as much support as other cryptocurrencies is in part a symptom of the market’s volatility, but is also a direct impact of the constant media attention that is associated to its volatility.

Andy Bryant

COO, bitFlyer Europe

He also added that the study demonstrated how much remains to be done to increase public awareness of the benefits and opportunities of cryptocurrencies.