Cryptocurrency

Falling price of bitcoin, article, Vitalik Buterin and buy houses with BTC in Spain

Key facts:

The Ministry of Industry argentine will dictate the course of programming contracts smart in EOS.On November 24, 2019 was the official launch of the new version of Bitcoin Core (0.19.0).This week the price of bitcoin suffered a significant fall, which led to the criptomoneda will be quoted in one of the lowest values of the past months, coming in below the USD 7,000 per unit. At the time of writing this article the price is USD $ 8.093, according to the price calculator of Breaking News.For David Puell, head of the research of Adaptive Fund, down from the peak of this year (around USD 14,000 per BTC) has been a correction proportional to the rise from USD 3,000, a level which was the price in the first months of the year. “Usually, what goes up very aggressively, it corrects very aggressively”, says about it.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.Among other news of interest, is the project with blockchain that will be financed by the financial arm of the inter-American Development Bank, IDB Lab, which provides for the financial inclusion of 45,000 small-scale producers of coffee, cocoa and other crops in Chiapas, Mexico. The purpose is to increase the productivity of the soil and optimize conditions for the sale of the crops of these farmers.

These are the news highlights:

Bitcoin fell more than 10% to the level of lowest price of the last six months. On November 25, the criptomoneda plummeted 11% compared to its price at the close of Friday 22nd, and was to be marketed below us $ 6.600. This is the first time since may that bitcoin was below the USD 7,000. Among other items, one of the reasons for the fall could be “sales pressure” of the Ponzi scheme PlusToken, discovered in China. Addresses associated with the scam have been cleared on a massive scale thousands of bitcoin, in addition to funds in ether (ETH) and other cryptocurrencies.Five years after publishing an article that gave an overview of the main difficulties facing the economy of the cryptocurrencies in 2014, the co-founder of Ethereum, Vitalik Buterin, published an update of his work in which he broke down, in three sections, his reflections up to date at 2019. For Buterin challenges are largely focused on problems in cryptography, problems of the theory of consensus and the economic sciences. But his argument was countered by Bram Cohen, creator of BitTorrent, pointing out that much of what is stated in the programmer of Russian origin is wrong.Bit2Me announced in its blog the launch of Real Estate to OTC, a platform that provides legal assistance for negotiations of the purchase of housing in Spain, using bitcoins. The service includes all parts of the correct execution of the contract of purchase and sale, by providing legal assistance, fiscal and commercial. In addition to guarantee, before a notary, stability in the price of bitcoin during its conversion to euros.IDB Lab approved a contribution of USD 600,000 for a project with technologies blockchains executed by the FinTech EthicHub with the purpose of facilitating the financing of small farmers in Mexico. The agency approved the funding to support the momentum of the technological platform that manages the above mentioned company, in order to provide financial resources to farmers desbancarizados in that country.The Ministry of Industry of the province of Misiones, in Argentina, opened the call for programmers with knowledge in Linux, C++, and developing front end attend the course programming contracts smart in EOS, which will be held from 4 to 5 December at the Polo Ict Missions. The goal is to form a team of developers who can apply the technology of the chain of blocks, in order to design solutions to computer problems in Argentina.

Also:

On November 24, 2019 marked the official release of Bitcoin Core 0.19.0, the nineteenth version of the client software original of Bitcoin is launched by Satoshi Nakamoto almost 11 years ago. This new version includes a number of performance enhancements, modernizations, and bugfixes, as well as other changes.Bitriver is a farm of mining founded in the city of Bratsk, located in the region of Siberia. While it does not directly work in mining, it offers access to equipment of mining on demand, to customers in Russia and other 7 countries. The success of this farm seems to depend on your geographic location, as it is located in an average annual temperature of -2 degrees celsius. Equipment liberate large amounts of heat and this weather serves as a cooling system to they don’t spoil.From next year, the German banks will be allowed to offer the sale and storage of cryptocurrencies under a new law, which will take into account the recommendations contained in the fourth Directive of the European Union against Money Laundering. The draft law has been approved by the German federal parliament, the Bundestag, and is expected to be signed by the 16 states of the nation.The developer and a member of the Foundation Ethereum, Virgil Griffith, was arrested last Thursday 28 by us authorities at Los Angeles International Airport, under charge of traveling without authorization to North Korea, for allegedly helping the government of the asian country to evade the sanctions of the united States, and provide advice on the use of the network blockchain, and cryptocurrencies.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.

Correction (price): refers to a movement in the price of a criptomoneda, usually negative, and 10% thereafter. But it only counts as “correction” if the price of such criptomoneda was above or below its normal value due to speculation.

Criptotuto of the week:

Uphold is a platform that is simple and user friendly that allows the exchange of national currencies by cryptocurrencies or precious metals, and vice versa. Their popularity has been on the rise and already allows operations in more than 160 countries. Users can also make withdrawals to the national banks in local currency.

Podcast of the week:

The attorney and consultant to argentina, Camilo Jorajuría of a Lion, with the heart in Bitcoin takes the case, at least, a dozen of people affected by the exchange house BitInka. We took the opportunity to talk about the legal framework of the cryptocurrencies in the country’s southern, ask tips for managing taxes if you are a holder of criptoactivos and discuss the relevance of the regulations and the governments to the people.