Close to 30,000 votes were recorded on the blockchain during the Russian parliamentary elections in what appears to have been the biggest case of blockchain-based voting yet. The blockchain component of the online voting platform was built by Waves Enterprise. The voting concluded early yesterday, and according to the chief product officer of Waves Enterprise, Artem Kalikhov, everything went off without any hiccups. He told Cointelegraph that the elections took place on the permissioned network run by Rostelecom. The firm was contracted by Russia’s Central Election Commission, which, in turn, subcontracted…
Day: September 15, 2020
Nasdaq-Listed Microstrategy Raises Bitcoin Holdings to $425 Million After Second Purchase
Billion-dollar public company Microstrategy Inc. has bought 16,796 more bitcoins. The company has purchased a total of 38,250 bitcoins at an aggregate purchase price of $425 million. Microstrategy’s Bitcoin Investments Microstrategy Inc. (NASDAQ: MSTR) has bought more bitcoin, CEO Michael Saylor revealed on Tuesday. He tweeted: On September 14, 2020, Microstrategy completed its acquisition of 16,796 additional bitcoins at an aggregate purchase price of $175 million. To date, we have purchased a total of 38,250 bitcoins at an aggregate purchase price of $425 million, inclusive of fees and expenses. This…
MicroStrategy Buys $175M More in Bitcoin, Upping BTC Holdings to $425M
Michael Saylor, the founder of MicroStrategy, said Tuesday his company has acquired an additional $175 million in bitcoin (BTC) in a single purchase. Original
Alleged crypto Ponzi scheme targeting Spanish speakers freezes user funds
The team behind Arbistar, a crypto trading bot developer, announced that it would be shutting down a popular trading tool known as Community Bot. According to a press release published by Arbicorp, the company that runs Arbistar, the platform is not currently allowing deposits. All funds have been frozen, preventing users from withdrawing their money. Users are not even able to access crypto from funds that trade with other bots. This has led financial forensic firm, Tulip Research, to warn users that Arbicorp is actually a billion-dollar crypto Ponzi scheme…
First Mover: Bitcoin Investors the Sane Ones as Federal Reserve Cheers Inflation, Price Nears $11K
One of the interesting things about cryptocurrency investors is they really do look at the world very differently from many of their counterparts in traditional finance. The thinking goes something like this: The efforts of governments and central banks to repair the economy are doomed to fail, and likely to make the situation worse. There is no point in moving to a defensive investment strategy because prices for digital assets are going to the moon. Every time the stock market goes up, it just validates the reality that the dollar is…
Market Cap of FANGMAN Stocks Surge to $7.3T amid Coronavirus
Despite the decline in the world’s economy, FANGMAN stocks continue to increase. The collective market value of these seven firms has reached $7.3 trillion. Despite the disruptions caused by the ongoing pandemic, FANGMAN stocks have been surging significantly. As of the 11th of June, FANGMAN stocks representing the seven biggest tech companies in the stock market, have climbed 22% to $6.4 trillion in 2020. FANGMAN stands for Facebook Inc (NASDAQ: FB), Apple Inc (NASDAQ: AAPL), Nvidia Corp (NASDAQ: NVDA), Google LLC (NASDAQ: GOOGL) (NASDAQ: GOOG), Microsoft Corporation (NASDAQ: MSFT), Amazon.com Inc (NASDAQ:…
Google to Unveil Pixel, Chromecast, Smart Speaker on September 30
During the September 30 event, Google is set to reveal an updated version of Pixel 4a that will support the connection to the 5G network. Google LLC (NASDAQ: GOOG) (NASDAQ: GOOGL) is set to launch a bunch of updated hardware at the tail end of the month. The company is striving to remain relevant in the smartphone industry with its pixel generation expected to be upgraded during the upcoming event. According to details provided by media outlet TechCrunch, the Google company will be announcing a new Pixel phone, Chromecast and…
YouTube Debuts Shorts, Bringing New Ways to Watch and Create Videos
To create unique videos on YouTube Shorts, users will have access to a large library of music to record and enhance their content. Google LLC (NASDAQ: GOOGL) (NASDAQ: GOOG) owned YouTube has launched a TikTok rival dubbed YouTube Shorts, a short video creation service for creators and artists. The Google-owned firm noted that it created the YouTube Shorts service in a bid to create more value to sway with the recent advances of mobile devices. The firm claims it is one of the pioneers of short video creations, a feature…
Bitcoin Will Make Gains Above $100,000, Says PlanB
PlanB stated that high net worth individuals, institutional investors and countries hedging against quantitative easing would be the funding source for Bitcoin. The possibility of Bitcoin rising up to $100,000 is the dream of every hodler. The reality is that it may be just a dream. However, PlanB, the creator of the original stock-in-flow that has repeatedly been quoted by analysts thinks otherwise and is quite optimistic about Bitcoin. In a recent tweet, they stated that judging from historical patterns, Bitcoin price may be poised for upward movement. According to…
Bitcoin, Ethereum, Gold Analysis, Levels to Watch
Bitcoin for the first time since the early September crash, is showing signs of its comeback. Yesterday’s gain of 3.95% supported a breakout from the ending diagonal pattern. Currently, the price is above the dynamic resistance of the ending diagonal pattern and is above the 100MA. We are still looking at the penetration of the $10 760, which will lead Bitcoin towards 200MA at an important support and resistance of $11 120 – $11 200. If rejected, BTC most likely will be back in the diagonal and fall to find…