Tag: Cryptocurrencies

A Spanish startup creates an algorithm that automates investments in the cryptocurrency market
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A Spanish startup creates an algorithm that automates investments in the cryptocurrency market

There are currently more than 7,000 currencies in the technology market and more than two trillion dollars are being moved around the world, according to the Coinbase trading platform. Amazing data that led to the first version of an algorithm to automate capital investments in the cryptocurrency market. This idea was born in 2018 thanks to the talent of Miguel Pagán, Paula Páez and Gonzalo del Cerro, three telecommunications engineers. For the first contact they carried out a test with their own funds, since afterwards, began to invest the profits obtained in the start-up Madrid call CryptoTechFin.Miguel Pagán, CEO of the company, explains that “The goal is to make it easier for...
Bitcoin rises 3% after becoming legal tender in El Salvador
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Bitcoin rises 3% after becoming legal tender in El Salvador

The price of bitcoin has grown by 3.16% more after the Parliament of El Salvador by accepting this cryptocurrency as legal tender along with the dollar, according to the Legislative Assembly. This percentage increase equals $ 34,224. The declaration of the Central American country has meant that it becomes the first territory in the world to officially authorize the use of bitcoin for legal monetary exchanges. This legislation was supported by 62 votes out of 84 in the Assembly. Nayib Bukele, the country's president, applauded the vote stating that it had been done “story”.The proposal to make the use of this cryptocurrency official in the country was revealed this weekend by Marí...
El Salvador becomes the first country to recognize bitcoin as a legal bargaining chip
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El Salvador becomes the first country to recognize bitcoin as a legal bargaining chip

The Legislative Assembly of El Salvador yesterday approved the Bitcoin Law, which will allow the legalization of this cryptocurrency as a bargaining chip. El Salvador became the first country in the world to recognize this currency. The initiative, which only establishes the legality of bitcoin and not other cryptocurrencies, was approved with the votes of 62 deputies out of 84 in Parliament and will enter into force 90 days after its publication in the Diário da República. "The purpose of this law is to regularize bitcoin as a legal currency, without restrictions, with liberating power, unlimited in any transaction", declares the first article of the law, which must be submitted for ratification to the head of state. The law provides...
The extradition hearing to the US of John McAfee, creator of computer antivirus, suspended
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The extradition hearing to the US of John McAfee, creator of computer antivirus, suspended

The National Court has suspended the extradition hearing to the United States of businessman John McAfee, creator of the famous homonymous antivirus, for not having had his defense access to the entire file, in which his country claims him for hiding, allegedly, high income from 2014 to 2018.The second section of Criminal Matters planned to hold the extradition hearing this Friday, in which the Prosecutor's Office supports the delivery of the American magnate, but only for three of those five fiscal years, although it has finally agreed to its suspension so that defense access to all documentation, as indicated by legal sources. At the gates of the National Court, McAfee's lawyer,...
Alleged Cryptocurrency Scams Flood Audience
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Alleged Cryptocurrency Scams Flood Audience

The alleged scams with cryptocurrencies such as bitcoin or Ethereum, have burst into the Spanish courts, where complaints and lawsuits from thousands of affected people who have seen evaporation accumulate hundreds of millions of euros through pyramid schemes.Cryptocurrencies or cryptocurrencies are virtual currencies that are based on encrypted security codes to certify electronic transactions for the purchase and sale of goods and services, and of these there are already about 5,000, although only 40 of them have liquidity within the market. As of September 2020, the total capitalization of this market was 336,000 million dollars.At the moment, in Spain the largest alleged fraud...
The curious reason Elon Musk prefers Dogecoin to another cryptocurrency: "Has dogs and memes"
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The curious reason Elon Musk prefers Dogecoin to another cryptocurrency: "Has dogs and memes"

The market for cryptocurrencies it's fluctuating a lot in the last few days. Like a roller coaster, bitcoin has been going up and down in value and already has plummeted almost 40% from its maximum value. But meanwhile the tycoon Elon Musk is clear why to bet: by the Dogecoin.Bitcoin is the most used cryptocurrency, but, after several ups and downs, this Thursday round a value of 32,400 euros, with what lose 39% from maximum historical record that reached in April (53,254 euros).For his part, the co-founder of PayPal, SpaceX or Tesla has his eye on Dogecoin, the cryptocurrency that was born with the image of Doge, the famous dog of the meme. And it is that, in part, the decisions and stateme...
Apple is looking for a cryptocurrency expert to work on its "alternative payments"
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Apple is looking for a cryptocurrency expert to work on its "alternative payments"

The Apple company already has several payment services, such as Apple Pay, increasingly used by more people; Apple Card, widely used in the United States, and Apple Cash, which allows two users to send money to each other in the North American country. However, the company seems to want to increase its money exchange services. CoinDesk, a website specialized in bitcoins and digital currencies, has discovered what the company is looking for a cryptocurrency expert to hire. With this job offer, Apple intends to achieve and lead agreements with third parties through "alternative payments."According an article published in MacRumors, Apple states that applicants must have a minimum of...
Andorra tries to seduce bitcoin investors with its low taxation and triggers requests for change of residence
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Andorra tries to seduce bitcoin investors with its low taxation and triggers requests for change of residence

Like youtubers and streamers Requests for tax residence in the Principality have grown in recent months and the country's advisers reinforce their services to attract clientsA street in Andorra la Vella.Updated Tuesday, May 25, 2021 - 01:03Investment Tesla's Steering Wheel Baffles Investors: Elon Musk's Tweet Sentences Bitcoin? Podcast Youtubers go to Andorra: this is how Spanish millionaires move and invest their fortunes First there were athletes and businessmen, then youtubers and streamers and now investors in bitcoin. Andorra is determined to exploit her tax appeal in all those aspects where it can be advantageous and does not hesitate to take advantage of the latest fever in the investment markets: cryptocurrencies.In recent months, taking advantage of the revaluation of bitcoin, e...
Rollercoaster in cryptocurrencies on the 11th anniversary of the first bitcoin transaction
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Rollercoaster in cryptocurrencies on the 11th anniversary of the first bitcoin transaction

Cryptocurrencies have experienced great volatility in recent days, with steep drops and rises caused by decisions made by the Chinese authorities and by Tesla and its CEO, Elon Musk, which coincide with the 11th anniversary of the first bitcoin transaction.Specifically, this cryptocurrency traded this Friday at the close of the Spanish market with 9.44% loss, equivalent to 3,871 dollars, and stood at 37,508 dollars (30,780 euros), while ethereum fell 14.23%, about 414 dollars, to settle at 2,485 dollars (2,039 euros).With this data, bitcoin loses 41% since it reached its historical maximum of almost 64,000 dollars (52,400 euros) on April 13, while ethereum left 40.4% compared to its 4,173 dolla...
Two family pizzas, 10,000 bitcoins: the story of how a user spent what today would be more than 300 million euros
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Two family pizzas, 10,000 bitcoins: the story of how a user spent what today would be more than 300 million euros

"I'll pay 10,000 Bitcoins for a couple of pizzas ... maybe two big ones, so I have leftovers for the next day"Laszlo Hanyecz said in an announcement on Bitcointalk on May 22, 2010. At that time, the cryptocurrency It was nowhere near the value it is today and its offer could be equated to about $ 41. Oh, but it has rained a lot. So much so that at this moment in history 10,000 BTC equals almost 330 million euros. The operation is so famous that netizens have dubbed this day Bitcoin Pizza Day.As of current date, a Bitcoin is worth around 33,000 euros, and that as we have been telling you, the most popular digital currency in the world is in low hours. Just a month ago it was tra...