Market Analysis Report

17 June 2019

Nasdaq Declares Blockchain Voting Trial a ‘Success’

Nasdaq has released its conclusions about a blockchain e-voting trial it conducted in Estonia last year. The report details the project that was created to reduce both the complexity and cost of organizing shareholder votes as part of a bid to boost overall participation. The exchange operator concluded that te model "successfully demonstrated how a blockchain could be used for something other than transaction settlement." Nasdaq describes the system:

"The system uses the blockchain in the traditional way to record the ownership of securities as reported by the CSD. Based on those holdings, the system also issues voting right assets and voting token assets for each shareholder. A user may spend voting tokens to cast their votes on each meeting agenda item if they also own the voting right asset."

Read more here

Bitcoin Featured on China’s “Most Influential” TV Show

Bitcoin was the prime subject of debate in China’s “most cutting-edge and most influential financial talk show,” a highly popular national TV segment with millions of viewers. The topic of debate wass “Bitcoin, fortune maker or Ponzi scheme?” featuring professor Larry Hsien Ping Lang, described as China’s most influential economist. A controversial figure in the country who considers bitcoin worthless. However, another Chinese economist, who took part in the show, publicly stated:

“Bitcoin is the real currency, and it marks the future of currency” 

Read more here

Fiverr No Longer Accepts Bitcoin

Fiverr, the world’s leading online freelance services website that offers “gigs” for as low as $5 USD, is no longer accepting Bitcoins as a method of payment. The payment options have been limited to Paypal and Credit card transactions. Fiverr's customer service stated:

“Fiverr is no longer accepting Bitcoins as a method of payment. We apologize for any inconvenience caused. We do offer Paypal and Credit card transactions[...]This is purely a business decision. Unfortunately, I am unable to elaborate further."

Read more here

State of the Crypto

Bitcoin is down 0.67% at $916.23 with a volume of Ƀ 48k - 44M on the USD pairs.

Litecoin is flat against the dollar for the day at $3.81 and up 0.31% to Ƀ 0.004164 on volumes of 480 BTC.

Ether is down 0.85% against Bitcoin at Ƀ 0.01162 per Ether and down 1.30% against the dollar on $10.63 with average volume 5.7k BTC on the ETH/BTC pair. 

Zcash is down 0.11% for the day to 0.04670 BTC per ZEC and down 1.09% against the dollar to $42.64 with average volume of 595 BTC for the 24 hour period.

Monero is down 1.31% against the dollar at $12.03 and down 0.23% to Ƀ 0.01317 on volumes of 3.2k BTC. 

Ether Classic is up 0.53% to Ƀ 0.001510 with volumes of 606 BTC and flat against the dollar at $1.38.

Dash is down 3.23% at Ƀ 0.01586 with 2k BTC volume and down 3.35% against the dollar at $14.44.

Waves is down 1.60% at Ƀ 0.0002578 on 36 BTC volume. 

Stratis is down 6.27% to Ƀ 0.00008870 on 297 BTC volume.

Lisk has 46 BTC volume for the day. The price is down 1.65% at 0.0001648.
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