This week the price of bitcoin dropped again to values around $ 8,000. The drop was noticeable on the 8th of November, although starting this November 10, the price returned to the range of over USD 9,000. At the time of writing this article the price is USD 8.709, according to figures of the Messari.io.Andreas Antonopoulos, one of the most recognized figures of the ecosystem of Bitcoin, has warned Twitter followers about Jörg Molt, a German who claims to be Satoshi Nakamoto. In this regard, he said that man is a liar because he published a few photographs and looked at them together, pointing out that they were friends, which is not true.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, the analyst Willy Woo explained in a series of tweets that the changes in the prices of bitcoin-responsive behavior of investment will take at least a month to be reflected in the prices. Therefore, ensures that to talk of coming major moves that can break the price range between 7,000 and USD 14,000, the adequate time would be between December this year and march of 2020.
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These are the news highlights:
A man who claims to be Satoshi Nakamoto is reported to be a complete fraud. The character, who in his Twitter profile it appears as Jörg Molt (or Joerg Molt), claims to be one of the co-founders of Bitcoin. Even looking to expand your legion of followers by promising to 1 bitcoin to those who follow your profile and retweeted your post main.For the analyst Willy Woo the price of bitcoin would have already found a floor, and a range of course in the midst of the current bull market. That range, wrote via Twitter, ranging from USD 7,000 to USD 14,000. On the other hand, the analyst also noted that, before investing in an altcoin, it is important to analyze the behavior of your market. The expert points out that the last 4 years of a criptomoneda are crucial to determine if its value will be preserved or it will decay.The German Association of Private Banks (Bankenverband), which represents over 200 institutions, banking commercial, released a document on 30 October in which it was stated to be in agreement that the eurozone economy needs a euro digital programmable or what is the same, a euro as criptomoneda.The Development Foundation of Stellar (SDF, for its acronym in English) burned more than half of the lumens (XLM), the token native on your network, that were in circulation. The information was given by its CEO, Denelle Dixon, this 4 of November, during the first day of the conference Stellar Meridian, which is developed in Mexico City.The decree law in the field of electronic administration which was published on 5 November in Spain, it generated different reactions in around a measure that criminalises the creation of a digital identification auto-sovereign based on a blockchain. With this law, the Spanish government places a hand brake to the plans to create a Republic Digital Catalan, which sought to empower the citizens of the autonomous region.
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In Venezuela, it was decreed the obligatory use of the petro (PTR) in the accounting records of natural and legal persons in Venezuela. On this measure, economists claim that further distorts the economy, because it does not solves the structural problem of existing rather it is an item accessory that hinders the implementation of effective solutions. In parallel, the company SatoshiLabs, the manufacturer of the brand of purses cold to cryptocurrencies Trezor, this week issued a statement denying any connection with the government of Venezuela and the petro.A research on users of the contracts of loans on the platform MakerDAO, revealed that the ten directions comprise 40.6% of total supply of DAI. The study was conducted by the analyst, Bowen Wang, co-founder of DDEX, a house of change decentralised to negotiate with tokens based on Ethereum.Members of the ecosystem argentine point out that there was an error of interpretation, the measure that imposes the obligation to request authorization from the Central Bank to buy cryptocurrencies with a credit card. Make it clear that the new rule does not prohibit the purchase of bitcoin or other cryptocurrencies with cards in the local market.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.
Tokenization: in the environment of the blockchains, it refers to the process by which is equivalent to a physical asset to a token or to a certain amount of tokens within a string of blocks. That way, a car or a service, for example, happens to be represented and traded digitally.
Criptotuto of the week:
Although Amazon, one of the biggest online stores in the world, does not accept payments with bitcoin, there are some services external to the portal that allow users to make purchases with the criptomoneda. One of them is a Purse. In this platform, the user can perform an exchange with another user of Amazon interested in purchasing BTC. This tutorial shows you how to create an account on Purse, to receive the desired product and release the amount in bitcoins.