Australian Bitcoin Advisor Launches New Political Party Flux

Bitcoin prices rebounded from lows in the Asian session on Tuesday (February 23), and fluctuated upward to a high point yesterday before falling back.

The quotes released by BITSTAMP show that Bitcoin/US dollar (XBT/USD) fluctuated higher to around 439 yesterday, and then fell back below 436. It rebounded in the Asian session of this trading day and approached the 440 line.

(Bitcoin/USD time-sharing chart source: Bloomberg, FX168 Financial Network)

The quotes released by KRAKEN show that Bitcoin/Euro (XBT/EUR) fluctuated from around 380 to 394 yesterday, then fell back. In this trading day, it rebounded from a relatively low level to around 395 in the Asian session.

(Bitcoin/Euro time-sharing chart source: Bloomberg, FX168 Financial Network)

The quotes released by Huobi.com showed that the price of Bitcoin/RMB fluctuated on Monday, but overall closed higher with a positive line. It continued to fluctuate around 2915 in the Asian session of this trading day.

(Bitcoin/RMB 30-minute chart source: Huobi.com)

In terms of industry, according to foreign media reports, a new political party has emerged in Australia, Flux, which was co-founded by Bitcoin consultants Nathan Spataro and Max Kaye, mainly to change people's situation on the issues they care about most and give them the power to change. The government will not have any specific policies.

After months of heated debate over changes to the underlying operational aspects of Bitcoin’s main protocol, all parties have finally reached a consensus.

The Flux website states that the voting system will be completely transparent and will be run by a distributed public network, meaning that anyone can query the real-time results anywhere. Considering Spartaro and Kaye’s experience in the Bitcoin field, this voting management system should use blockchain technology.

At 13:15 Beijing time on February 23, Bitcoin/USD was 439.48, Bitcoin/Euro was 395.45, and Bitcoin/RMB was 2914.71.