Why Bitcoin Just Surged to $13K in Belarus Amid Massive Protests

Belarus has become a hot ground of the great Bitcoin experiment as the country dwells into one of its most disturbing civil crisis. Ask prices for the world’s leading cryptocurrency by market capitalization are going higher across peer-to-peer platforms. Data fetched from Paxful, a Bitcoin marketplace, show people demanding a $2,500 premium for one unit of the cryptocurrency. While the rates differ from one seller to another, the average Bitcoin price as on Friday stands near $13,000. Bitcoin bids in Belarus and their dollar equivalent rates. Source: Paxful, Google In

Bitcoin is Eerily Copying Gold Trends; Analyst Fears Breakdown

Bitcoin is laggingly tailing the gold chart trends, and it may face trouble for its delayed correlation. That is due to the precious metal’s latest breakdown move, wherein the price broke out of a Symmetrical Triangle pattern to the downside. Incidentally, Bitcoin is now consolidating inside a similar technical structure, and one analyst predicts it would break bearish just like gold. “Since the COVID Crash of March 2020, it is apparent that gold has been leading Bitcoin,” the TradingView.com contributor wrote in his analysis, placing their performance against each other

3 Crucial Reasons Why Bitcoin Could Fall Below $10K This Fall

Bitcoin faces the prospects of breaking below $10,000 after failing to extend a rally that pushed its price up by 70 percent earlier this year. Bitcoin is maintaining support above $10,000. Source: TradingView.com Here are the top three risks the cryptocurrency is facing as it heads towards the fourth and final quarter of 2020, according to the latest fractals and multiple observations. #1 Another US Equity Selloff; Bitcoin Correlation One of the main reasons Bitcoin faces the risks of falling in the coming sessions is the equity market. The cryptocurrency

Here’s How Stock Market Turbulence Could Crush Bitcoin Short-Term

Bitcoin has been trading in close tandem with equities throughout the past several days Heightened correlation to risk-on assets is a common BTC trait during times of immense global turbulence Although this strikes a blow to its safe-haven narrative, the cryptocurrency still has a long way to go before it fully decouples with the traditional markets This global economic turbulence that is weighing on Bitcoin may only get worse as the year drags on and as the elections approach One economist is observing that Bitcoin’s price may see a prolonged

Bitcoin Unlimited Launches Votepeer For Two-Option Voting Process

Rate this post Bitcoin Unlimited (BU) has recently launched a new voting platform named Votepeer. This application is backed by the Bitcoin Cash network, which will help in setting up a two-option voting process. Currently the initial version of Votepeer has been released by the software engineers of BU, Dagur and Jørgen Svennevik Notland.  According to the announcement by Bitcoin Unlimited, this platform will help to set up a two-option vote. It stated, “Participating, verifying, and tallying can be done through the SPV (Simple Payment Verification) technology in use in

Stocks, Digital Assets, and Commodities Start the Week in the Green

It’s been nearly half a year since Italy first imposed a full lockdown on their citizens, and most of the rest of the world soon followed. The lockdowns proved extremely effective at combating the spread of the virus but also came with a heavy cost. The impact these measures had, however, became completely useless after the restrictions ceased. It’s 48 days until the next U.S. presidential election. Similar to the lockdown measures, a U.S. president is only effective while they are in power, thanks in part due to a rapidly

Blockchain voting hailed a success at Michigan Democrat convention

Despite its history of security and technical issues, blockchain voting platform Voatz has reportedly been deployed successfully at the Michigan Democratic Party State Nominating Convention.More than 1,900 delegates at the virtual convention, held from Aug. 29-30, were able to nominate candidates using Voatz for the state’s Supreme Court, state Board of Education, and boards at state universities. The event was held online due to restrictions caused by the pandemic."There were so many unique challenges with this year's convention because of the pandemic, but the Voatz platform eased many of our

Kaspersky announces blockchain voting system

Kaspersky Cybersecurity firm has introduced a prototype of its revolutionary Polys blockchain voting system to open up the opportunity of a safer alternative to conventional voting systems. Verdict’s tech website reports. Polys is a Kaspersky Innovation Hub project aimed at developing a safe online voting framework for enterprise universities and political parties. Kaspersky mentions that the first of its kind to incorporate blockchain technologies and work alongside the Polys online election system This uses a distributed ledger technology digital voting system that creates a verified link between a vote and

Election Commission of India is working on Blockchain based Voting System

Election Commission of India is working on Blockchain-based Voting System India’s electoral commission is working with the Indian Institute of Technology to develop a blockchain-based voting system, publicly confirmed by the chief election commissioner. The new system is designed to encourage Indians to vote even if they’re away from their hometown. Chief Election Commissioner Sunil Arora informed Wednesday at the Times Now Summit that somehow the Election Commission (EC) is committed to resolving one of the country’s biggest voting problems, the Times of India said. Many people didn’t vote because they can’t get to their voting booth on voting day. As per reports, in the 2019 elections about 900 million people were