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Key facts:
After a fall that took him less than $ 8,000, the price of bitcoin is experiencing a resurgence.For the president of China the Communist Party must use blockchains to implement advances.This week the price of bitcoin suffered a number of fluctuations, even trading below the $ 8,000 the 23rd and 24th of October, recovering from the day 25 when its price had a rise of 15%, with which he returned to over $ 8,000 per unit. The progress continues, because at the time of writing this article the price is USD 9.704, according to the section of markets Breaking News.With the addition of 5 atms of cryptocurrencies daily on average, the increase of these devices in the last 12 months has been a 53,34%, with or 2,014 new atm bitcoin installed. From 2017, the growth of these atms has been sustained and has exceeded 400% in two years.With Breaking News Latin americans can stay 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.Between the news of interest, is the new product from the british company Sword Ltd. It is Cryptosteel Capsule, a physical device of solid metal, designed to store off-line and autonomous private keys, passwords, seeds mnemónicas and data recovery of purses of cryptocurrencies.
These are the news highlights:
In the last twelve months are installed around the world more than 2,000 atms for bitcoin, according to the latest figures from Coin ATM Radar. These devices, whose installed base arrived the 22 of October to the amount of 5.790, recorded the first of October 2018 the number of 3.776.With the announced official launch of Cryptosteel Capsule, the company Sword Ltd explained that the capsule can store important information in a hex key of up to 123 characters or in a key a random sequence (ASCII) up to 55 characters. The device contains a central column on which the user can assemble manually a sequence of discs on which are engraved the characters.Several economists consulted by Breaking News warned that the measure announced by the president of Venezuela, Nicolas Maduro, stating that the holders of the petro will convert the criptomoneda to other currencies, you will fail by being inconsistent, unworkable financially, and also because it does not correct the present economic distortion of the country.A developer enthusiast of bitcoin and the payment network Lightning Network showed how to build with less than USD 8 a point-of-sale, to process transactions with the main criptomoneda of the market by means of the network of micropayments. Baptized as The Quickening, the team is functional and is a cheaper version of the point-of-sale M5StackSats, which operates on the same platform.Mark Zuckerberg, CEO of Facebook, answered a number of questions that reflected the skepticism and reservations of the legislators on the project Libra and its possible implications for the financial system, in a hearing held on October 23, before the Financial Services Committee of the Congress of the united States. During the same, congressman Brad Sherman railed against bitcoin, and the cryptocurrencies, noting that such technology is only useful for criminals. He warned that these assets have the potential to threaten the dominance of the us dollar on the global financial system.
Also:
The president of China, Xi Jinping, said on Thursday that the Communist Party must consider some blockchains as core technologies for innovative and important advances, and we must commit to accelerating the development in this direction. Xi made the remark in a meeting with the Political Bureau of the Central Committee of the Party.On the 25th of October, the price of bitcoin took a rebound of more than 15% compared to the previous day. In a matter of hours, the value of the criptomoneda with the highest market capitalization went from being slightly below the us $ 7,500 to over $ 8.680. Among the events that could have some influence on the price, you can count on the fact that the future of bitcoin of Bakkt achieved a new record.Caracas, capital of Venezuela, now has its second atm cryptocurrencies (BATM). It is other equipment installed by the Venezuelan company of Exchanges (Twenty (Venezuela). This time, the device was activated at the hotel Eurobuilding, in the area east of the venezuelan city.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.
Portfolio cold (or key ring): hardware device that protects out-of-line (without Internet connection) the private keys that allow the movement of funds housed in addresses associated to them (the keys). A portfolio cold must connect through a software in order to mobilize the funds that are housed in one direction. Among the devices of this type we can mention as examples Trezor, Ledger, BitBox or Coldcard Wallet.
CriptoTuto of the week:
Uniswap is a market exchange ratio based on Ethereum, which is designed to facilitate the automatic exchange between any token ERC20 to Ethereum and vice versa, without intermediaries and with a low commission. With the following tutorial Breaking News you’ll see the step-by-step of how to do trade on this platform, as well as add and withdraw liquidity in a market and create a market exchange.