Day: September 24, 2020

GOOGL Stock Fell 3.45%, Google to Try ‘Hybrid’ Work-from-Home Models

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Google is reviewing its long-term work options for employees, as most of them say they don’t want to come back to the office full-time. Alphabet Inc (NASDAQ: GOOGL) stock fell 3.45% on Wednesday, September 23, 2020, to close the day trading at $1409.39. During Thursday’s pre-market trading session, the shares were trading 0.67% lower. To start with, GOOGL shares are up 5.23% year to date. However, they have dropped 1.63% in the past three months, through Wednesday. The recent sell-off of Google stock has mostly taken place in the past…

Christie’s To Auction Robert Alice’s Bitcoin Inspired NFT Artwork

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Christie’s, a famous British auction will put on the auction its first Non-Fungible Token (NFT) inspire by Robert Alice. Only highly motivated and deep-pocketed blockchain enthusiasts can make such investments as the quoted price is high. Popular British Auction house Christie’s is set to auction its first piece of Non-Fungible Token (NFT), a Bitcoin (BTC) inspired artwork by Robert Alice. As Cointelegraph reported, Robert Alice, an art historian turned blockchain artist drew inspiration from the Bitcoin codebase to create a series of 40 paintings stretching over 50 meters in length.…

Different Cars, Same Radio Presets: Daimler Blockchain Venture Lets Settings Follow Users

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Daimler AG, the parent corporation of Mercedes-Benz, announced on Thursday it is partnering with Ontology, an open-source blockchain specializing in data and digital identity, to help build a blockchain-enabled mobility platform.  According to a press statement emailed to CoinDesk, the first product to emerge out of the partnership, ‘Welcome Home’ will be demonstrated at Dalmier’s virtual live event at the Startup Autobahn event today and is built to service users who’d like to transfer preferences from one automobile to the the other.  Source link

Top Brazilian Meat Processing Company Leverages Blockchain to Reduce Deforestation

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JBS, a leading Brazilian meatpacker, has resorted to blockchain technology to prompt the traceability of tens of thousands of cattle it processes daily. With this approach, the company hopes to shed light on its livestock source following mounting pressure from investors and Amazon activists about getting cattle from illegally deforested lands. Tracing cattle throughout their lives The Sao Paulo-based company has been criticized by non-governmental organizations (NGOs) for not being at the forefront of ensuring that it is not supplied with cattle from unlawfully deforested Amazonian lands. Additionally, the Brazilian…

Bitcoin in Africa: FastBitcoins Partners With Flexepin to Expand Global Footprint

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FastBitcoins has partnered with prepaid voucher giant Flexepin to increase its global footprint, while at the same time accessing mobile money providers in 14 countries in Africa, where demand for crypto is growing. Announced Thursday, the deal with Flexepin (a subsidiary of ASX-listed payments company Novatti) expands FastBitcoins’ coverage to some 20,000 point-of-sale locations in Australia where Flexepin is based, as well as across Canada and Europe. Flexepin caters to users who want to make online payments without using credit or debit cards. But in addition to improving the security…

Bull Case: Analyst Explains How Uniswap’s UNI Could Surge 34%

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The latest rebound in the UNI market has raised its expectations of extending its bullish move by at least 34 percent. So says a pseudonymous analyst whose recent predictions for the newly-launched decentralized finance (DeFi) token have come accurate. The chartist in his Thursday tweet adjusted UNI/USD’s upside target to $6.43. The pair was trading near $4.91 at the time of this writing. Trade setup presented by MacnBTC. Source: TradingView.com Trade setup presented by MacnBTC. Source: TradingView.com The analyst envisioned UNI/USDT to retest $4.67 as its local support, primarily because…

Bitcoin price ‘worst-case scenario’ is now $7,000 — trader Tone Vays

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Bitcoin (BTC) hitting $7,000 is now the “worst-case scenario,” veteran trader Tone Vays said on Sep. 23.  In the latest episode of his Market Pulse YouTube series, Vays said he was looking for a BTC price bottom of $9,000. Vays: $9,000 BTC price is “very good buy the dip” opportunity BTC/USD has maintained $10,000 support this week but has so far failed to reclaim higher levels after its fall from $11,000 several days ago.  “If we break down, I think $9,000 is a very good ‘buy the dip,’” Vays said.…

CIA Eyes Blockchain Technology with New Research Lab

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The US Central Intelligence Agency (CIA) has rolled out a federal laboratory and in-house research and development arm dubbed CIA Labs to scale up technological and scientific breakthroughs for future intelligence challenges. It views blockchain technology as one of the technological advancements that will boost its mandate of gathering, processing, and analyzing national security information from across the globe. CIA interest in DLT and Blockchain The CIA Labs will be part of at least 300 U.S. federal labs, which offer science and technology solutions to new challenges. The research arm…

‘Economic Winter’ Threatens Freezing Q4 U.S. Stock Market Recovery

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Economists predict a high probability of a “double-dip” in the U.S. economy in the fourth quarter. The U.S. stock market is a 10% drop away from entering a bear market after major indices dropped by 8% to 10% in the past month. The prospect of regional lockdowns in Europe and the high level of baseline cases in the U.S. threaten investor confidence. Economists anticipate an economic winter to arrive in the fourth quarter, warning against the high probability of a “double dip.” The U.S. stock market faces a steep correction in the…

European Commission to launch blockchain regulatory sandbox by 2022

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The European Commission in collaboration with the 30-country alliance called the European Blockchain Partnership (EBP) plans to launch a pan-European blockchain regulatory sandbox by 2022. Per an update to the official webpage for the commission’s Digital Innovation and Blockchain team on Sep. 23, the European Commission will work with EBP on the sandbox to test use cases of blockchain and digital assets in the European Blockchain Services Infrastructure, or EBSI. The EBSI is a joint initiative of the European commission and the EBP that aims to deliver cross-border digital public…