Wednesday, August 21, 2019

Bitcoin, viable option vs Stock Bitcoin of Argentina fall

 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


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



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

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

 

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