The stock market of Argentina collapsed this morning with a loss of
around 24,000 million dollars, thus losing about 48% of the Merval
index. As a result, investors are likely to see Bitcoin as a salvage
option, which has been stable for a few days.
Read more in Stock Bitcoin:
https://www.stockbitcoin.info/news/20190819-bitcoin-viable-option-on-the-fall-of-stock-bitcoin-in-argentina
Wednesday, August 21, 2019
Tuesday, August 6, 2019
Bitcoin recovers its price in the face of tensions between United States and China
In the midst of the tensions produced by the trade war between the United States and China. There is a clear winner, Bitcoin, which has recovered its price to 12,000 USD again. Amid the biggest drop in the Yuan price in recent years, it dragged several of the Fiat-based indicators, such as Dow Jones and Nasdaq, down 2.9% and 3.4% respectively, however Bitcoin increased 6%.
Read full note on Stock Bitcoin:
https://www.stockbitcoin.info/news/20190806-bitcoin-recovers-its-price-in-the-face-of-tensions-betwee-usa-china
Read full note on Stock Bitcoin:
https://www.stockbitcoin.info/news/20190806-bitcoin-recovers-its-price-in-the-face-of-tensions-betwee-usa-china
Monday, July 22, 2019
India rejects cryptocurrencies ban
Indian Finance Minister Rayja Sabha has indicated to the Parliament of
India his stance against the ban on bitcoins and other cryptocurrencies
through a letter that clarifies rumors that have spread about the
possible prohibition of cryptocurrencies in the asian country.
Read full note here: https://www.stockbitcoin.info/news/20190719-india-rejects-cryptocurrencies-ban
Read full note here: https://www.stockbitcoin.info/news/20190719-india-rejects-cryptocurrencies-ban
Monday, July 8, 2019
Are cryptocurrencies assets or currencies?
The original concept proposed by Satoshi Nakamoto is that Bitcoin is a
new model of P2P (peer to peer) payment, where the users connect
directly without the need of a centralized entity or bank to do the
transactions, and the use of cryptography as a way to guarantee the
veracity and security of the transaction. The concept was expanded to
the acceptance of people and has worked as a novel model of electronic
payments, without the need for cash and preserving the privacy of those
who make transactions.
Read full note in Stock Bitcoin
Read full note in Stock Bitcoin
Friday, July 5, 2019
Bitcoin network consumes more electricity than all Kuwait
Bitcoin network is an enemy of electricity consumption and its effects
are beginning to be seen worldwide. Currently, the global consumption of
the Bitcoin network is 60.45 TWh, information taken by real time of the
University of Cambridge. Consumption that exceeds the total consumption
of all Switzerland and Kuwait individually.
Read complete note here: https://www.stockbitcoin.info/news/20190705-bitcoin-network-consumes-more-electricity-than-all-kuwait
Read complete note here: https://www.stockbitcoin.info/news/20190705-bitcoin-network-consumes-more-electricity-than-all-kuwait
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