Cryptocurrency Analysis and News Portal
El Salvador is currently the only country in which Bitcoin (BTC) is legal tender. This move has witnessed many developments, as well as some pushback. Amid protests, technical glitches, and inevitable market volatility, El Salvador continues to drive BTC adoption. Related Reading | There Are More People Using Bitcoin Wallets Than Bank
Read More
El Salvador continues to lead the Bitcoin (BTC) adoption drive as President Nayib Bukele announces the launch of Bitcoin City, which will be funded initially by $1 billion Bitcoin bonds. The initiative was first announced by Bukele at El Salvador’s Bitcoin Week conference, which sought to celebrate Bitcoin’s mainstream adoption in
Read More
El Salvador, the only country in which bitcoin is a legal tender, is going to build an entire city based on the largest cryptocurrency, President Nayib Bukele said in a Saturday night presentation at Bitcoin Week in El Salvador.“Bitcoin City” will be located along the Gulf of Fonseca near a
Read More
El Salvador had made history when it became the first sovereign nation to make bitcoin a legal tender. The September 7 official adoption had sent the entire space into jubilation as it had marked a significant stride for BTC. Barely a teenager, the digital asset had grown from being a
Read More
The government of El Salvador is embarking on its next Bitcoin-related project which involves building schools using profits the nation has made on the asset.Profits or the “surplus” from the state’s Bitcoin Trust account will be channeled into the construction of 20 schools according to President Nayib Bukele. On Nov.
Read More
Cristosal no fue la única ONG que abordó el problema. Acción Ciudadana, una organización sin ánimo de lucro especializada en auditoría social, presentó una notificación a la Fiscalía General de la República (FGR) el 12 de octubre después de que el presidente del grupo, Humberto Sáenz, y el director, Eduardo
Read More
El Salvador has once again deepened its bitcoin bet with another purchase. The sovereign nation had made history as the first to officially implement bitcoin as a legal tender back in September. To mark the historical moment, President Nayik Bukele had announced that the country had bought 200 bitcoins. A
Read More
The world’s largest cryptocurrency reached an all-time high on Oct. 20 around $66,900, a day after the first bitcoin futures exchange-traded-fund (ETF) in the U.S. launched on the New York Stock Exchange. Bitcoin crashed a week later, falling below the $60,000 mark – before retaking the level early Thursday. Source
Read More
BusinessPresident of El Salvador Nayib Bukele said in a series of tweets, “It was a long wait, but worth it. We just bought the dip!”By Tanzeel AkhtarOct 28, 2021 at 12:00 p.m. UTCUpdated Oct 28, 2021 at 12:00 p.m. UTCEl Salvador Pres. Nayib Bukele Original Source
Read More
The Salvadoran government has moved to prevent users of its Chivo digital wallet from gaming the app’s price freeze feature to glean risk-free profits through arbitrage.On Tuesday, Chivo’s Twitter account announced that wallet users will be unable to see the reference price provided for trades executed using the price freeze
Read More