A major Brazilian supermarket is in the daily cryptocurrency news. Oasis Supermercados is the name of the chain located in Rio de Janeiro which has recently started accepting cryptocurrency payments after training its employees on how to do it.
As the local news outlet Portal do Bitcoin published, the chain’s clients in Rio de Janeiro will be able to pay for their things using Bitcoin, Bitcoin Cash and Litecoin as one of the firm’s managers named Douglas Andrade noted.
Andrade spoke to the local publication and noted that his brother Thiago was the one who came up with accepting cryptocurrency payments after seeing a video explaining how to do it. The video triggered the interest in the local population. He was quoted as saying the following:
“It’s really easy. It’s like a payment by credit card. The client says which cryptocurrency he wants to pay, the operator types in reais and the system already converts to that crypto. Then just scan the QR code and you’re done.”
The chain will be also accepting cryptocurrencies via CoinWISE which is a firm that turns the cryptocurrencies they receive into reais and sends them over three days after the payments were made.
The outlet also noted that since the system was implemented, no cryptocurrency payment has been received. However, Andrade claims that the news has spread and some have suggested that it should start accepting other cryptocurrencies including NANO.
Over the past year, Brazil’s Department of Federal Revenue (RFB) announced it was looking to monitor the activities of businesses dealing with cryptocurrency in what appears as a way to prevent tax evasion and money laundering.
Crypto Analysts: 2019 May Be A Year Of Bitcoin Accumulation
“Similar to 2015, 2019 may be the year of accumulation.’’Another crypto researcher Willy Woo said that while a crash of bitcoin to $3,122 could lead to an increase in volume, it won’t show signs of starting of the accumulation period. He pointed out:
‘’Despite the technical setup that suggests bullishness is possible, there’s not a lot on-chain volume to fuel a prolonged up move. What we saw in the last 7 weeks was a spike of on-chain volume driven by volatility, coins moving to exchanges to trade. The initial volume spike false signalled a faster detox and an earlier end to the bear market, but in fact it was a volatility side effect. That move from $6k to $3k created immense trade volume, but it was in no way a signal that accumulation volume had begun.’’Until evidence for the accumulation of crypto assets shows up, there are still expectations of high volatility levels.
Dmitry Medvedev: ‘’We Should Watch Closely What Happens To Cryptocurrency’’
‘’But this, of course, is not a reason to bury cryptocurrencies. There are both light sides and dark sides, as in any social phenomenon, in any economic institute. And we should just watch closely what happens to them.’’He continued to discuss social inequalities and how the global digital transformation is speeding up saying the cryptocurrency is a part of that fast-going phenomena. The news comes right after major media outlets published the story of Russia’s plan to purchase $10 billion worth of BTC. Turns out that the news was fake. The Russian economist from the Presidential Academy of National Economy and Public Administration Vladislav Ginko pointed out that he strongly believes that Russia might use Bitcoin to fight economic sanctions and this story swamped the media and got massively exaggerated. Russia is, however, preparing a crypto bill that will provide stable cryptocurrency regulation in the next two months. The Duma State will be drafting a regulatory framework in February to regulate ICOs and crypto crowdfunding.
Nearly 1.5 Million People Used dApps In 2018, More Than A Half Being On Ethereum
"TRON is the most ambitious in the dapp field, with a $2 billion Project Genesis launched in the second half of the year. In addition, it spends $100 million on TronArcade to promote its dapp ecosystem."TRON (TRX) launched 97 decentralized applications in 2018, while its ecosystem and community have been growing at an alarming rate. This week, TRX was added to OKCoin, which is one of the largest US exchanges, in order to be traded against fiat, Bitcoin and Ethereum. The report also showed that gambling accounted for $3 billion in transactions over the course of 2018 in dApps.
Brave Browser About To Start Paying Users To View Ads
"A Brave feature called Brave Rewards allows people who use Brave to contribute BAT to the sites they visit. When someone turns on Brave Rewards, their browser will tally the time and attention they spend on each site, and divide up that person’s monthly BAT contribution among the sites they visit. Brave Ads will allow people to opt in to earn BAT based on their attention. When someone turns Brave Ads on, their browser will begin learning their preferences in order to show occasional relevant ads as system notifications," an excerpt from the website states.This is definitely one of the steadiest performance models for Brave. Previously, the browser worked on a model of blocking all ads but figured that replacing ads with their own ads is a significantly better option.
Join us on Facebook
- 16% Of The Biggest Crypto Exchanges Got Rated A Or A-
- Crypto Analysts: 2019 May Be A Year Of Bitcoin Accumulation
- New Crypto Wave Will Focus On Stablecoins: Swiss BTC Association Board Member
- Using A Fake BBC News Page, Cybercriminals Managed To Generate Bitcoin
- Dmitry Medvedev: ‘’We Should Watch Closely What Happens To Cryptocurrency’’
UPCOMING EVENTS RECOMMEND BY DC FORECASTS
Altcoin News4 days ago
United States: Presidential Candidate Tulsi Gabbard Bought Crypto At Peak
Altcoin News4 days ago
Bitcoin Hovers Near $3,700 As Top Altcoins Record A Mix Of Reds And Greens
Ethereum News2 days ago
Coinbase And Kraken Officially Supporting ETH’s Constantinople Hard Fork
Ethereum News3 days ago
$100,000 Reportedly Returned From Ethereum Classic 51% Attacker
Altcoin News3 days ago
Bitcoin Drops Below $3,600 As $5 Billion Get Wiped Out Of The Crypto Market
Bitcoin Scams2 days ago
New Torrent Malware Posing As Movie File Can Replace BTC & ETH Addresses: Researcher
Altcoin News3 days ago
Major Swiss Bank Launches A Crypto Custody Solution Targeting Banks & Asset Managers
Blockchain News4 days ago
Washington’s Douglas County Wants To Build A Blockchain Innovation Campus