Category: Portugal

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Hodl, don’t trade, says the AI Bitcoin trading bot

An AI trading bot that learns how to time the market and accumulate Bitcoin quickly learned that the best way is to simply ”hodl.” “Hodling” really is the way when it comes to accumulating Bitcoin (BTC). At least, that’s the conclusion made by an artificial intelligence (AI) trading bot coded up by a Portuguese software…
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Sorare CEO shares bold vision on NFTs during Web Summit 2021 opening night

The co-founder of the French tech unicorn discussed major innovations that could come as a result of developments in the NFTs industry. Web Summit 2021, the biggest tech conference in the world, kicked off on Monday in Lisbon, Portugal, and will last until Thursday. In an opening statement, Carlos Moedas, the mayor of Lisbon, said…
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The Tax Man Cometh — Who Will Pay for the COVID-19 Stimulus?

Given the economic losses due to the COVID-19 pandemic, can we expect governments to be more vigilant in taxing cryptocurrency this year? Could this be the year the world gets serious about cryptocurrency taxation? The coronavirus pandemic, after all, could cost the global economy as much as $4.1 trillion — or almost 5% of global…
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Facebook’s Calibra Exec: Libra Is More Like Email Than PayPal

Libra will be a “journey of years and decades” and not a payment service like PayPal but more of an interoperability protocol like email, says Calibra’s VP of product. Facebook’s crypto project Libra will be more similar to email tech than payment services such as PayPal, vice president of product at Calibra said. Speaking at…
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Crypto News From Brazil and Portugal: Aug. 24-31 in Review

Major expansion of payment systems in Brazil and no taxes on BTC transactions in Portugal in news of the week from Cointelegraph Brasil. This week saw major expansion of crypto payments in Brazil, new standards freeing Bitcoin from Portuguese taxes, and the allegedly fraudulent Grupo Bitcoin Banco’s refusal to pay clients their deposited funds.  Brazil’s…
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