Cryptocurrency

Breaking News of the week: the price of bitcoin, blockchain argentina and searches in Google

Key facts:

Weakness of the Blockchain Federal Argentina allowed us to validate false document.Potential escalation of inflation would raise the price of bitcoin, claims analysis.After days red the previous week, due to widespread panic by the expansion of the coronavirus, from Thursday, march 19, the market cryptocurrencies returned to show positive numbers. In 24 hours, the price of bitcoin increased more than 12% and went up again to the level of USD 6.000.Despite the previous low that was suffered by the main criptomoneda of the market, which caused a loss of up to 40% in the price, registered an average growth of 23% in a week. At the time of writing this article, BTC is priced in USD 5.983, as was reflected in the market price of Latin america and Spain, according to the price calculator of Breaking News.With Breaking News, interested parties can keep up to date on changes in the market prices of bitcoin, ether, bitcoin cash and litecoin, with relation to your local currency. To do this, you can visit the section of the Market is Latin, which has a pricing calculator to perform conversions quickly and easily to your national currency.

These are the news highlights:

The market of cryptocurrencies, led by bitcoin, experienced a rise between Wednesday 18 and Thursday 19 march. The stands began to spread to the cryptocurrencies the events of other markets. This happened just two days after that the correlation of bitcoin with the S&P500 reached a historic peak.An alleged weakness in the Blockchain Federal Argentina (BFA) allowed the validation of a document that the national government described as false. The Official Newsletter of the Nation’s number 34.329 contained provisions related to the pandemic coronavuris Covid-19, but were later disproved with the publication of a second version of the same newsletter that had already been certified on the network.The accompaniment of bitcoin and the rest of the market cryptocurrencies to the debacle of the international markets may be coming to an end. At least, so you see the analyst Willy Woo, Adaptive Capital, recognized for his measurements of the activity in the chain of blocks of Bitcoin. For Woo, bitcoin could be forming a pattern of accumulation, a phase of buying taking advantage of low prices with expectations of a bull.The trends of Google searches show that, during the last week, the terms “buy bitcoin” (buy bitcoin) exceeded the words “buy gold” (buy gold). The result shows that, despite the turmoil that showed the criptomercado in the last seven days, there is a global interest for purchasing the first criptomoneda.An analysis of the firm BitMEX Research on the impact that it has left the coronavirus COVID-19 in the world economy and in the financial markets, points out that will a shock, inflation in several countries due to the increase in public spending to minimize the effects of the pandemic. The report indicates that in a scenario like that, the price of bitcoin could shine and that would be the greatest opportunity for the first criptomoneda of the market.

Also:

The quarantine that we live thousands of people in the world because of the coronavirus is the perfect opportunity to get up to speed on a number of films, among them those related to the ecosystem. Breaking News did a recount of five of the latest films on Bitcoin, and cryptocurrencies, so that you can also enjoy from the comfort of your home.With the closing of the schools, the policies implemented by the companies of working from home and the measures implemented to prevent contagion, the world also needs solutions that help to manage stress. In this article, we present five options of games with the that you can die and revive in a virtual way, earn bitcoin, and to have fun in quarantine.If you want to know the meaning of several words from the terminology of the criptomundo, you can reference the extensive Glossary of Breaking News.

Bear (Bear): is a term borrowed from the jargon of Wall Street, and refers to a trader or an investor that believes that the price of a certain criptomoneda collapse and you want to take advantage of the fall.

Criptotutorial of the week:

Lightning Wallet is a wallet Lightning Network, that works without custodians. Despite the fact that it is not necessary to operate a node of the network to use it, neither the developers nor operators of this wallet have control over the funds of the users.

Podcast of the week

Andreas Antonopoulos does not need presentation. In this episode we talk about a utopia of the possible, of the potential of Bitcoin to save economies in emergencies or people in need, and at the end: how Are governments fighting back?