US Covid-19 Vaccination Begins As CDC Recommends Pfizer Vaccine

US Covid-19 Vaccination Begins As CDC Recommends Pfizer Vaccine

By RTTNews Staff Writer | Published: 12/14/2020 3:23 AM ET

The United States started Covid-19 vaccinations on Monday after Robert Redfield, the director of the Centers for Disease Control and Prevention or CDC, gave the approval for Pfizer- BioNTech's COVID-19 vaccine.

The CDC Director accepted the recommendation by CDC's Advisory Committee on Immunization Practices or ACIP for vaccination with Pfizer-BioNTech COVID-19 vaccine in people 16 years of age and older. The recommendation follows the Emergency Use Authorization or EUA issued by the U.S. Food and Drug Administration for the vaccine on last Friday.

Redfield said, "As COVID-19 cases continue to surge throughout the U.S., CDC's recommendation comes at a critical time."

The Pfizer Vaccine is authorized for use under EUA for active immunization to prevent covid-19 caused by severe acute respiratory syndrome coronavirus 2 or SARS-CoV-2 in individuals 16 years of age and older.

The ACIP recommendation is based on the scientific evidence supporting the COVID-19 vaccine, including data from a Phase 3 clinical study announced last month, as well as on interim guidance that ACIP made on December 1, 2020 regarding the allocation of initial vaccine doses.

The ACIP on December 1 had recommended for a Phase 1a rollout where first priority of COVID-19 vaccines is given to health care personnel treating patients, and residents in nursing homes and other long-term care facilities.

CNN reported that the first freight trucks carrying around 184,275 vials of the vaccine departed Pfizer's facility in Kalamazoo, Michigan, on Sunday.

The vaccines will be distributed by the U.S. Department of Defense in partnership with agencies within the Department of Health and Human Services, including the CDC, to government-designated facilities across the country.

Earlier, Gen. Gustave Perna, chief operating officer of Operation Warp Speed, noted that Pfizer would move vaccine from its manufacturing facility to the UPS and FedEx hubs, and then it would go out to already identified 636 locations nationwide.

According to Perna, the estimate is that 145 sites across all the states would have receive vaccine on Monday, another 425 sites on Tuesday, and the final 66 sites on Wednesday in the initial delivery of the Pfizer orders for vaccine.

Pfizer and Germany's BioNTech earlier said they now gather additional data and prepare to file a planned Biologics License Application or BLA with the FDA for a possible full regulatory approval in 2021.

For comments and feedback contact: editorial@rttnews.com

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Article written by an RTT News Staff Writer, and posted on the RTT News.com website.

Article reposted on Markethive by Jeffrey Sloe

Another day another all-time high Bitcoin hits 24K in weekend surge

Another day, another all-time high — Bitcoin hits $24K in weekend surge

Bitcoin hits a fresh all-time high of $24,210 on Coinbase as volatility ensures the weekend bulls are not yet done.


Image courtesy of CoinTelegraph

            DEC 19, 2020

Bitcoin (BTC) set a new all-time high on Dec. 19 as markets continued to deliver surprises in weekend trading.

BTC price just hit another all-time high

Data from Cointelegraph Markets and Tradingview showed BTC/USD just eclipsing its record level set this week, reaching $24,210 on Coinbase before reversing.

Volatility was high as the previous all-time high of $23,777 just gave way before resistance kicked in once again. According to exchange orderbook data, sellers are ready at $24,000, with that area now forming a psychological barrier currently under attack from bulls.


BTC/USD hourly chart (Coinbase). Source: Tradingview (Click image for larger view)

"Let's go, another all-time high during weekend hours?" Cointelegraph Markets analyst Michaël van de Poppe tweeted, keenly eyeing the renewed energy in Bitcoin markets.


Bitcoin exchange buy and sell areas (white = more orders). Source: Material Indicators (Click image for larger view)

Trader warns $18.5K still support to watch

The move continues a trend that has developed in recent weeks, significant price action occurring during weekends rather than strictly during the week.

On Saturday, meanwhile Van de Poppe urged caution, arguing that crucial support still lay much lower on the BTC/USD chart at $18,500.

"Such vertical rallies aren't sustainable for long. Thus, a correction will occur at some point. However, predicting when it happens is anyone's guess as Bitcoin may easily run to $30,000 and then see a 30% correction," he summarized.

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Original article posted on the CoinTelegraph.com site, by William Suberg.

Article re-posted on Markethive by Jeffrey Sloe

OneCoin marketing guru in plea talks

OneCoin marketing guru in plea talks

The "public face of OneCoin" is in plea talks for a range of charges


Image courtesy of CoinTelegraph

            DEC 19, 2020

According to court reports from Friday, yet another suspected player behind the OneCoin ponzi scheme is now set to face justice.

On Friday, counsel for marketing guru Karl Sebastian Greenwood and US prosecutors informed Manhattan Judge Edgardo Ramos that the two sides are currently discussing a plea deal for Greenwood, who was indicted in 2018 for charges relating to his involvement in the OneCoin Ponzi scheme.

Greenwood — who is currently facing five charges including money laundering, fraud, and conspiracy — was described in previous civil litigation as the “public face of OneCoin.” Greenwood was responsible for pitching OneCoin and soliciting new investments in the project, which eventually defrauded billions from investors worldwide.

The indictment alleges that Greenwood "made false statements and misrepresentations soliciting individuals throughout the world […] resulting in the receipt of over $1 billion of investor funds”. The marketer operated out of Sweden during his time with OneCoin, and was arrested in Thailand in 2018.

Greenwood is in jail in Manhattan as he awaits his trial or a possible deal. The mastermind behind OneCoin, Ruja "Cryptoqueen" Ignatova, remains at large.

The OneCoin case and its aftermath has proven to be one of the messiest in crypto’s history, and a movie based on the events is set to enter production with star Kate Winslett, along with a separate BBC series in the works.

Additionally, despite the ongoing litigation Greenwood should consider himself lucky: Ignatova’s personal lawyer Mark S. Scott was disbarred in November following his conviction for money laundering, and two other marketers involved with promoting OneCoin were found dead after a reported kidnapping in July.

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Original article posted on the CoinTelegraph.com site, by Andrew Thurman.

Article re-posted on Markethive by Jeffrey Sloe

I’d Be A Billionaire Now’ Early Bitcoiner Regrets Selling 50000 Bitcoins Before 2012

‘I'd Be A Billionaire Now' — Early Bitcoiner Regrets Selling 50,000 Bitcoins Before 2012

By Brenda Ngari – December 18, 2020

The price of bitcoin recently soared beyond $23,000 after effortlessly taking out the $20,000 psychologically important level. The recent upsurge means that MicroStrategy's holdings have doubled in value since the business intelligence firm invested millions into the cryptocurrency back in September when the flagship cryptocurrency was still hovering sub-$11,000.

But, not every large investor has made out like a bandit. In a series of tweets on Friday, early bitcoin investor Martti Malmi recently revealed that he sold 50,000 bitcoins more than eight years ago and has essentially missed out on over $1 billion in profit. Malmi, who is also a pioneer bitcoin developer, mined the BTC on his personal laptop in the period between 2009 and 2010 and sold it before 2012. At the current prices, the same amount would be worth $1.1 billion today.

Malmi, however, didn't liquidate his mammoth BTC cache for nothing. He was able to quit his “boring” junior software developer job and move to Japan for several months to study the Japanese language. While in Japan, he visited the office belonging to Mt. Gox crypto exchange way before it suffered the infamous hack.

Malmi sold over 10,000 BTC in 2011 when the exchange rate for the cryptocurrency reached the $15-$30 range and used the proceeds to purchase a nice studio apartment in Helsinki at only 22 years of age. 

However, if he never sold his old bitcoin, he could have had so much more. The early bitcoin core developer regrets but he believes “with the early Bitcoiners we set in motion something greater than personal gain.”

In October 2011, he offered a 1000 BTC prize to anyone who would get a major business to accept bitcoin. This bounty was not claimed and he then decided to HODL the rest of his bitcoin holdings. Unfortunately, he was forced to sell most of his BTC at a painfully low rate of $5 per piece in 2012 as he hunted for a new job.

Although he missed out on the ten-figures worth of profits, Malmi still keeps some of his savings in bitcoin up to now. “That’s not much, but still nice gains over the years. Happy about the recent development,” he added.

Malmi has learned that although money matters, “you don’t need to be rich to lead a perfectly good life” as it is mostly about the basic things. More importantly, he is happy about his greater contribution to the bitcoin space. “You don’t live forever. Pursuing something greater than yourself brings meaning in life,” he summarized.

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DISCLAIMER

The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

The original article written by Brenda Ngari and posted on ZyCrypto.com.

Article reposted on Markethive by Jeffrey Sloe

Messari Values Coinbase At Nearly 30 Billion As The Bitcoin Exchange Prepares To Officially Go Public

Messari Values Coinbase At Nearly $30 Billion As The Bitcoin Exchange Prepares To Officially Go Public

By Brenda Ngari – December 18, 2020

Messari, a cryptocurrency data and research provider has valued Coinbase at close to $30 billion. This comes after the San Francisco-based crypto exchange filed all the necessary documents for an IPO with the U.S. Securities and Exchange Commission (SEC).

Coinbase Confirms SEC Registration

The crypto exchange made the announcement in a December 17 tweet and an accompanying blog post which reads,

“Coinbase Global, Inc. today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the “SEC”). The Form S-1 is expected to become effective after the SEC completes its review process, subject to market and other conditions.”

In the tweet, Coinbase clearly indicates that the firm is set to complete an Initial Public Offering (IPO) subject to regulatory review.

Speculations about an IPO from Coinbase have been swirling for months since July of this year. Back then, it was rumored that Coinbase was considering a stock market listing and was already having serious discussions with law firms and various investment banks but had not filed any paperwork with the SEC.

Although Coinbase has not revealed a specific date, the recent update confirms the rumors and suggests that the exchange could be going public very soon.

Messari Tags Coinbase’s Valuation at $28 Billion

As Coinbase gets ready for a public offering, Messari is estimating the exchange’s current valuation to be $28 billion. The research firm analyzed various aspects of Coinbase including its trading volumes, debit cards, and assets under custody to arrive at this ballpark figure.

In October of 2018, Coinbase was valued at $8 billion after a fundraising round. Messari, however, believes the firm now has a $28 billion valuation. Regardless, it will be a huge IPO and it will allow more institutional and retail investors to get exposure to cryptocurrencies.

A strategist at Messari noted that an IPO would not only benefit Coinbase but also the crypto industry at large:

“This listing is important even for Token valuations as Coinbase will provide a valuation anchor — not only for future equity listings — but also for crypto-native exchange tokens.”

Perfect Timing?

Coinbase’s submission with the SEC is especially notable because it comes at a very interesting time in the crypto space. Basically, the exchange announced the registration just a day after the world’s oldest cryptocurrency leaped past the $20,000 mark for the first time in history.


BTCUSD Chart By TradingView (Click image for larger view)

Bitcoin’s meteoric rise has drawn a lot of attention from mainstream media across the globe and the entire financial world. Thus, Coinbase could be capitalizing on the spotlight that has been placed on bitcoin to position itself as Wall Street’s go-to bet on cryptocurrencies.

It should, however, be noted that Coinbase is not the first blockchain-focused company to launch an IPO. Other firms like Marathon and Canaan have also gone down the road of a public offering. There are also reports that San Francisco-based blockchain payments firm Ripple is considering going public.

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DISCLAIMER

The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

The original article written by Brenda Ngari and posted on ZyCrypto.com.

Article reposted on Markethive by Jeffrey Sloe

Wave Enterprises Partners Ontology To Improve Blockchain-based E-voting System

Wave Enterprises Partners Ontology To Improve Blockchain-based E-voting System

By RTTNews Staff Writer | Published: 12/17/2020 9:23 AM ET

Blockchain companies Wave Enterprises and Ontology have entered into a technological partnership for mutual consulting on their blockchain solutions, and to jointly develop and integrate related technologies.

As part of the partnership, Wave Enterprises will initially look to integrate Ontology's Decentralized Identity Solution (DeID) with its recently launched blockchain-based e-voting system.

The online voting service were tested and applied in an e-voting system developed for the Russian Central Election Commission by Rostelecom and Waves Enterprise during the Single voting day in the Russian Federation, when more than 30,000 people took part in voting.

This system employed the Russian unified identification and authentication system to identify users, which is centralized and not available to corporate users.

Even though the system is fully implemented on a blockchain and utilizes advanced encryption, user authentication and identification are the weak points of any e-voting system. Ontology's solution is expected to be the answer for this major issue.

With the integration of DeID solution into the voting service, corporate users can seamlessly use and benefit from a fully decentralized approach. The voting process in some types of legal entities requires integration with KYC service providers, since trusted user authentication and verification is an essential requirement.

The DeID solution can ensure that the identities and data of people who vote are not only protected, but also verified — a central issue facing many elections around the world.

Waves Enterprise released in mid-November the commercial version of the blockchain-based online voting service that uses cryptographic mechanisms that ensure the voting process's reliability and transparency. It can be used to run stakeholders voting, board elections, referendums and polls online in a secure, transparent and fast way.

For comments and feedback contact: editorial@rttnews.com

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Article written by an RTT News Staff Writer, and posted on the RTT News.com website.

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Millionaire Bitcoin addresses go parabolic as BTC price crosses 20K

Millionaire Bitcoin addresses go parabolic as BTC price crosses $20K

Early BTC miners with the foresight to hodl have now become millionaires.


Image courtesy of CoinTelegraph

            DEC 17, 2020

Bitcoin’s (BTC) parabolic run has turned early miners into millionaires at a pace rarely seen before. Data from Glassnode shows that the number of Bitcoin addresses holding at least $1 million has skyrocketed to 66,540 this week — an increase of 150%.

The rise of millionaire wallets is attributable to early miners retaining their Bitcoin over the years, culminating with the asset's latest surge above $20,000.

As Glassnode tweeted on Thursday:

“$BTC crossing $20k has turned all early miner addresses (50 BTC block rewards, unspent or lost) into millionaire addresses.”

The tweet was accompanied by a chart showing the number of millionaire addresses at or near record highs, with the last major peak coinciding with Bitcoin's late-2017 top:


The number of BTC addresses holding at least $1 million by Glassnode (Click image for larger view)

Bitcoin’s rally intensified on Thursday, zipping through $23,000 with very little resistance. On-chain data suggests another parabolic move could be imminent as BTC enters a new phase of price discovery. At current values, Bitcoin has a total market capitalization of nearly $430 billion.

While early Bitcoin miners benefited from larger block rewards, they were operating in a market that was highly speculative and much more volatile than today. Today’s miners receive only 6.25 BTC per block but have greater assurances that their efforts will be rewarded as Bitcoin evolves from an obscure, esoteric concept to a mainstream digital asset.

As Cointelegraph recently reported, cryptocurrency mining has evolved from a small endeavor to an industrial business as more entities look to capitalize on Bitcoin’s network infrastructure. Institutional inflows have made mining the digital asset more appealing than ever before.

Currently, miners produce roughly 900 BTC per day — a quantity that is being quickly consumed by institutions and businesses, many of which are recent adopters.

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Original article posted on the CoinTelegraph.com site, by Sam Bourgi.

Article re-posted on Markethive by Jeffrey Sloe

The Coinbase IPO is coming according to SEC filing

The Coinbase IPO is coming, according to SEC filing

Coinbase has sent draft registration to the SEC, leaving a future IPO in the commission's court.


Image courtesy of CoinTelegraph

            DEC 17, 2020

One of crypto's most-anticipated initial public offerings is one step closer.

On Thursday, Coinbase announced that the firm had sent its draft registration for a public offering to the Securities and Exchange Commission. The company wrote that:

"The Form S-1 is expected to become effective after the SEC completes its review process, subject to market and other conditions."

Per its last valuation, Coinbase was worth $8 billion, but that was in 2018. As it stands, the firm is one of the biggest names in crypto and has a reputation for working well with U.S. regulators, two factors that have long put Coinbase as one of the frontrunners in the race for crypto's major IPOs.

However, the S-1 in question is confidential for the time being, so information is limited to Coinbase's very brief announcement of the matter. Strangely, Bitcoin's price has, as of 21:20 UTC, slipped by over $600 since the announcement broke just over two hours ago.

Likely, this is not a problem for Coinbase, which sporadic service during times of major price action.

Though the draft is still awaiting the SEC's review, Coinbase has been eyeing an IPO for some time. Indeed, the whole crypto industry has been waiting for shares in any of the major exchanges to see public trading, but the rigors of SEC registration and the rich ecosystem of private investment have stalled that process. ASIC manufacturer Canaan Creative is maybe the most noteworthy crypto-centric firm to trade publicly, but its shares have seen lackluster performance since its IPO just over a year ago.

As of publication time, Coinbase had not responded to Cointelegraph's request for comment.

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Original article posted on the CoinTelegraph.com site, by Kollen Post.

Article re-posted on Markethive by Jeffrey Sloe

Bitcoin Can Potentially Unseat Google Declares Pundit Following Global Outage

Bitcoin Can Potentially Unseat Google, Declares Pundit Following Global Outage

By Olivia Brooke – December 16, 2020

At 12:00 pm UTC on Monday, Google users experienced a shut down as the company’s services were inaccessible for a short period of time. Although at 12:30 pm UTC the services were back up. This still did little to suppress the massive impact that the 30 minutes service outage had caused globally. Users all over the world were quick to take to social media platforms like Twitter to express their inability to access YouTube, Gmail, Google web, Google Docs, and other related services.

Crypto-Twitter Weighs in

Crypto-Twitter was as usual not left out of the bunch as commentators and Crypto-Twitter personalities had a thing or two to say about the event, while others made noteworthy comparisons about both Google and Bitcoin. Meme lovers came in with the jokes, as usual, making slight jest of the service consumers, while others noted that Bitcoin’s decentralized nature could perfectly fix this problem.

One of the most notable takes was from CNBC’S Ran Neuner whose tweet hammered on the relevance of Bitcoin as a disruptive technology with the potential to easily unseat Google as it can already replicate most of Google’s existing services. The decentralized state of Bitcoin is also a plus in terms of reliability and transparency. Neuner noted that in terms of advancement, Bitcoin still seats in the first place despite Google lying on a market capitalization that holds an $844 billion value greater than Bitcoin’s current market cap.

Meanwhile, Bitcoin’s price was also not spared during the time of the shutdown, some commentators noted. According to the observers, prices took a decline and later made a correction immediately the glitch was fixed. But some Bitcoiners disputed this claim and attributed the fluctuation in price to regular market volatility.

Centralized Platforms may still have a major impact on Bitcoin

Regardless of what the case was, this could be an important reminder of the external effects that outages from centralized organizations like Google can have on decentralized assets like Bitcoin.

Like it or not, centralized tech platforms still possess a generous amount of control over Crypto-accessibility. Platforms like YouTube and Google search engine still play a significant role in accessing content, information, and applications centered around cryptocurrencies. In a situation that global users cannot access these platforms, the prices and overall value of crypto-assets like Bitcoin may actually suffer.

Although this reinforces the need for the decentralization that Blockchain brings to the web, competing against big dogs like Google will consume a good number of time and resources. Nonetheless, the future presents a generous room for an attempt.

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DISCLAIMER

The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

The original article written by Olivia Brooke and posted on ZyCrypto.com.

Article reposted on Markethive by Jeffrey Sloe

Bitcoin Price Finally Climbs Above 20000 For The First Time Ever

Bitcoin Price Finally Climbs Above $20,000 For The First Time Ever

By Erie Maxwell – December 16, 2020

Bitcoin price is currently trading at $20,600 after a massive breakout above $20,000 for the first time in its history. The digital asset has peaked at $20,800 on Binance which suffered significant outages, mostly on its mobile application.

The flagship cryptocurrency is trading at $20,650 at the time of writing in what seems to be a healthy breakout during the past two hours. Bitcoin is now in the ‘price discovery’ zone facing no resistance above.


BTCUSDT Chart Via TradingView (Click image for larger view)

Most analysts remain bullish on the digital asset which has reached a market capitalization of $383 billion for the first time ever and has increased its dominance to 64.2% again. Several major cryptocurrencies have followed suit with XRP jumping above $0.50 again and Ethereum touching $620.

The total market capitalization of the cryptocurrency industry jumped by $20 billion within 1 hour reaching a two-year high at $598 billion.

Bitcoin Technicals Remain Heavily Bullish

When it comes to the majority of technical indicators, it seems that they still show investors should buy the digital asset. On the daily time-frame, the consensus is a ‘strong buy’ which can be seen across practically all time-frames.


(Click image for larger view)

The trading volume of Bitcoin and the entire market has spiked significantly in the past two hours, indicating that the breakout has a lot of strength. The next potential price targets for Bitcoin would be psychological levels located at $21,000, $22,000, etc.

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DISCLAIMER

The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. Please carry out your own research before investing in any of the various cryptocurrencies available.

The original article written by Erie Maxwell and posted on ZyCrypto.com.

Article reposted on Markethive by Jeffrey Sloe