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MercoPress, en Español

Montevideo, September 28th 2023 - 00:37 UTC

Tag: Bitcoin

  • Wednesday, August 2nd 2023 - 15:55 UTC

    Bitcoin Casinos: A comprehensive guide to gambling with cryptocurrency

    Photo: Pexels

    In the ever-evolving landscape of online gambling, Bitcoin casinos have emerged as a fascinating and revolutionary concept. Combining the thrill of casino gaming with the benefits of cryptocurrency, these platforms offer a unique and secure way to wager and win. If you're new to the world of Bitcoin casinos, this comprehensive guide will walk you through what they are, how they work, and the advantages of using Bitcoin for online gambling.

  • Wednesday, November 23rd 2022 - 18:00 UTC

    The first industries to bank on bitcoin

    The Gaming Sector remains arguably the biggest supporter of cryptocurrency

    Back at the beginning of 2010 Bitcoin was nothing more than an intrepid idea with a whole lot of mathematics and computing behind it.

  • Wednesday, January 26th 2022 - 09:39 UTC

    Bukele needs to eliminate bitcoin as legal tender, IMF says

    Bitcoin's possible impact on the country's status with the International Monetary Fund (IMF) has always been feared

    The International Monetary Fund (IMF) has urged Salvadorean President Nayib Bukele to drop the use of bitcoin as legal tender in the country, on the grounds that there are “great risks associated” with this practice. Bukele officially adopted bitcoin last September.

  • Wednesday, October 20th 2021 - 22:55 UTC

    New world record for cryptocurrencies as Bitcoin soars past US $ 65,000

    Bitcoin is on its way up but it remains a volatile asset

    Bitcoin, the world's most famous cryptocurrency, Wednesday set a new record as it breezed past the US $ 65,000 threshold at 9:43 a.m. Eastern time to ultimately reach the US $ 66,900 about an hour later, it was reported.

  • Friday, September 24th 2021 - 18:27 UTC

    Chinese financial move tumbles down cryptocurrencies

    Effective Friday, any foreign digital currency exchange that provides services to Chinese citizens through the internet is engaging in illegal activities

    A regulatory decision Friday by The People’s Bank of China (PBOC) has led to a sharp fall in the price of cryptocurrencies such as Bitcoin and Ethereum, which have dropped over 6% and 10% respectively after bouncing back in previous weeks.

  • Friday, July 30th 2021 - 07:23 UTC

    Chinese investors eye Paraguay for Bitcoin production

    In China 6,000 MW of energy supply were turned off, while Paraguay has an energy surplus of 5,500 MWfrom Yacyretá and Itaipú.

    Paraguay is to receive large investments to install 500,000 Bitcoin miners, as at least eight Chinese economic groups have expressed their interest in relocating their operations to the South American country thanks to its favorable legislation.

  • Wednesday, June 23rd 2021 - 09:17 UTC

    Mercurial Bitcoin comes back from below US $ 30,000 but future remains uncertain

    Bitcoin traded Tuesday at its lowest since January.

    Cryptocurrency investors could breathe again Tuesday after Bitcoin first fell below US $ 30,000 for the first time in five months, but eventually managed to rebound up to over US $ 32,000.

  • Thursday, June 10th 2021 - 09:30 UTC

    Bitcoin legal tender in El Salvador, first country ever

    President Bukele endorsed the adoption of Bitcoin as legal tender

    The Parliament of El Salvador has passed with 62 out of 84 votes a bill submitted by President Nayib Bukele to classify Bitcoin as legal tender, thus becoming the first country in the world to adopt a cryptocurrency. Its use as legal tender will go into law in 90 days.

  • Friday, April 23rd 2021 - 09:20 UTC

    Canadian bitcoin producer picks Argentina for new development

    Although the exact location of the farm has not yet been disclosed, it is expected to be somewhere in Patagonia.

    Canadian bitcoin miner Bitfarms has announced its plans to start operations in Argentina in early 2022, with a total of 55,000 machines, it was reported. The country emerged as a logical choice due to its relative low expenses in local pesos with all profits in bitcoin, analysts said.

  • Thursday, June 4th 2020 - 18:11 UTC

    Bitcoin Express offering a smooth ride as economies endure shaky 2020

    Off the back of the 2017 boom, the industry surrounding Bitcoin blossomed.PIXABAY

    “Get on the train.” That was the response from investment expert Michael Novogratz when asked about his thoughts on Bitcoin (BTC). With the world’s economy in turmoil heading into the second half of 2020, the crypto advocate said now is the time to invest. According to his metrics, BTC is poised to break another resistance level and, thus, raise its baseline average. For investors, that’s a positive sign. However, the latest hype seems to have more substance this time around.

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