Day: November 18, 2018

Christie’s Records $318 Million Art Sale on a Blockchain

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Twitter Facebook LinkedIn A new milestone in blockchain adoption has been set with the successful recording of a record-breaking art sale on a blockchain. On November 13, the Barney A. Ebsworth Collection sale at the famous Christie’s auction house in New York raised a total of $317,801,250, in the process becoming the most valuable art auction to ever to be recorded on a blockchain. In a press release about the auction, Christie’s revealed that the auction was handled in partnership with art-focused technology provider Artory, using its permissioned blockchain to…

Christie’s Records $318 Million Art Sale on a Blockchain

boss

Twitter Facebook LinkedIn A new milestone in blockchain adoption has been set with the successful recording of a record-breaking art sale on a blockchain. On November 13, the Barney A. Ebsworth Collection sale at the famous Christie’s auction house in New York raised a total of $317,801,250, in the process becoming the most valuable art auction to ever to be recorded on a blockchain. In a press release about the auction, Christie’s revealed that the auction was handled in partnership with art-focused technology provider Artory, using its permissioned blockchain to…

Thailand’s Main Opposition Party Holds Primary Election on Blockchain

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Twitter Facebook LinkedIn Thailand’s Democrat Party, the country’s main opposition party has become the first major political party in the world to carry out primary elections entirely on a blockchain. Using a live e-voting system powered by the Zcoin blockchain, the party successfully conducted its primaries which involved more than 120,000 voters between November 1 and November 9. In an election of many firsts, it also marked the first time that a major Thai political party selected its leader using input from the generality of party members ahead of the…

Thailand’s Main Opposition Party Holds Primary Election on Blockchain

boss

Twitter Facebook LinkedIn Thailand’s Democrat Party, the country’s main opposition party has become the first major political party in the world to carry out primary elections entirely on a blockchain. Using a live e-voting system powered by the Zcoin blockchain, the party successfully conducted its primaries which involved more than 120,000 voters between November 1 and November 9. In an election of many firsts, it also marked the first time that a major Thai political party selected its leader using input from the generality of party members ahead of the…

Bitcoin to Reach Bottom in Q2 of 2019, Bearish Short-Term

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Twitter Facebook LinkedIn According to Willy Woo, a prominent cryptocurrency analyst and researcher, Bitcoin is expected to bottom out in the second quarter of 2019. Throughout the past three months, since August, Bitcoin has remained in a tight range from $6,200 to $6,800, unable to break out of major resistance levels above the $6,800 mark apart from one occasion in mid-September. Prediction Based on Fundamental Data, Not Price and Exchange Volume The blockchain indicators of Woo, the founder of Woobull.com, show a bearish short-term trend for Bitcoin and the cryptocurrency…

Ripple Surges 8% as Crypto Market Adds $4 Billion Overnight

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Twitter Facebook LinkedIn Over the last 24 hours, Ripple (XRP) has surged by more than 8 percent to $0.51, as the valuation of the crypto market increased by $4 billion from $181 billion to $185 billion. On November 15, the valuation of the crypto market fell by $27 billion from $210 billion and a recovery to the $200 billion mark could require weeks to months of stability. As one cryptocurrency technical analyst explained, “BTC bulls trading in defense after recent drop below key support, now need a powerful comeback to…

XEM, Ripple, Stellar, Bitcoin, IOTA

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. This week, the focus was on the Bitcoin Cash (BCH) hard fork and the ugly bickering between the warring factions. This led to a dent in the sentiment, and many believe this to be the reason for the sudden drop in crypto prices…

50% Favor Bitcoin as Long-Term Investment in Former US Rep Ron Paul’s Twitter Surveyм

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Former U.S. Congressman Ron Paul has asked Twitter users Nov. 15 how they would prefer to receive $10,000 if they had to keep it in this form for a decade, with the majority picking Bitcoin (BTC) . Of the respondents, 50 percent answered that they would prefer to receive their $10,000 in Bitcoin, the second most chosen asset was gold (37 percent), the third U.S. 10 year treasury bonds (11 percent), and the last was the U.S. dollar at only 2 percent. Screenshot of Ron Paul’s Nov. 14, 2018 tweet.…

‘I Have Huge Confidence in the Future of Bitcoin Cash’

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Jihan Wu: ‘I Have Huge Confidence in the Future of Bitcoin Cash’ November 18, 2018 by Jon Southurst CEO and co-founder of Bitmain Jihan Wu today expressed confidence in the future of Bitcoin Cash (BCH) and proof-of-work (PoW) mining. Speaking at the Nikkei/CNBC “Future of Money” event in Tokyo in his first major appearance in Japan, Wu also addressed questions over the recent BCH hard fork, the growing importance of the mining industry, and PoW’s massive energy demands. Also see: Michael Terpin Talks Puerto Rico, Regulation, and the Future of Token…

‘I Have Huge Confidence in the Future of Bitcoin Cash’

boss

Jihan Wu: ‘I Have Huge Confidence in the Future of Bitcoin Cash’ November 18, 2018 by Jon Southurst CEO and co-founder of Bitmain Jihan Wu today expressed confidence in the future of Bitcoin Cash (BCH) and proof-of-work (PoW) mining. Speaking at the Nikkei/CNBC “Future of Money” event in Tokyo in his first major appearance in Japan, Wu also addressed questions over the recent BCH hard fork, the growing importance of the mining industry, and PoW’s massive energy demands. Also see: Michael Terpin Talks Puerto Rico, Regulation, and the Future of Token…