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El Salvador Buys 80 More Bitcoin as BTC Fell Below $19K — President Insists ‘Bitcoin Is the Future’
1.7.2022
El Salvador has doubled down on its bitcoin commitment despite a heavy sell-off in the crypto market. The country has bought 80 more bitcoins, according to Salvadoran President Nayib Bukele. El Salvador Bought the Bitcoin Dip The president of El Salvador, Nayib Bukele, announced Thursday that...
Following MicroStrategy, El Salvador's Bukele Buys Another Bitcoin Dip Too, Skeptics Chime In
1.7.2022
After MicroStrategy's return this week, El Salvador’s President Nayib Bukele has also broken his recent silence on all things bitcoin (BTC)-related. He announced that the country has bought the latest “dip” – splashing out on BTC 80 virtual coins at a price of USD 19,000 per bitcoin.
The purchase...
El Salvador Purchases 80 Additional Bitcoin at $19K, President Bukele Says
1.7.2022
The last purchase by the Central American country had been in May
Despite the Bear Market, a Salvadoran Wants to Build a USD 200M Power Plant to Mine Bitcoin
30.6.2022
A wealthy expat Salvadoran is set to fund a USD 200m solar-powered Bitcoin (BTC) mining facility – and appears to have the backing of the government.
Per ElSalvador.com, the website of the newspaper El Diario de Hoy, Milena Mayorga, El Salvador’s Ambassador to the United States, has spoken about...
Ruble Hits 7-Year High, Bukele, O’Leary Unfazed by Crypto Downturn, Elon Musk Will Keep Buying DOGE — Bitcoin.com News Week in Review
26.6.2022
As sanctioned Russia’s fiat currency soars in value against the U.S. dollar, and crypto markets remain unpredictable, economists and crypto enthusiasts continue to puzzle and debate over what the next market move will be. In spite of this, several influential voices remain unperturbed when...
Central African Republic President on BTC Volatility: ‘Mathematics Don’t Account for Human Emotions’
22.6.2022
In an apparent message to critics of the Central African Republic’s bitcoin decision, the country’s president, Faustin-Archange Touadéra, recently argued that understanding the crypto’s disruptive power is crucial and that “mathematics don’t account for human...
El Salvadoran Government to Back New Token, Bukele Says ‘Don’t Panic’ About Falling Bitcoin Prices
20.6.2022
El Salvador’s government is readying another crypto move – some nine months after it officially adopted bitcoin (BTC) as legal tender.
Per ElSalvador.com, the website of the newspaper El Diario de Hoy, the state is unperturbed by the current “difficult scenario for digital assets,” and...
Salvadoran President to Bitcoin Investors: Your BTC Investment Is Safe, Will Immensely Grow After Bear Market
20.6.2022
The president of El Salvador has some advice for bitcoin investors. He believes investments in the largest cryptocurrency are safe and will “immensely grow” after the bear market. El Salvador’s President on Bitcoin Investments The president of El Salvador, Nayib Bukele,...
El Salvador president addresses bear market concerns with Bitcoin hopium
19.6.2022
As tensions rise amid falling BTC prices, President Nayib Bukele decided to share advice for fellow Bitcoin investors that may be concerned about the prolonged bear market
President of Panama shoots down crypto bill citing FATF guidelines
17.6.2022
Although the President has previously called the laws innovative, his concern regarding anti-money laundering measures has put the bill back up for debate with the government
Treasury Minister of El Salvador Dismisses Bitcoin Investment Losses, Calls Media Reports Biased
16.6.2022
Alejandro Zelaya, the treasury minister of El Salvador, called out the critics of the investments that his country, through the action of President Nayib Bukele, has made in bitcoin. Zelaya stated that there had not been any losses because the bitcoin purchased — around 2,300 BTC —...
CAR president urges citizens to understand Bitcoin to bring long-term prosperity
16.6.2022
For the past few weeks, the crypto market has been in a tailspin. While other investors may have given up on BTC, its ardent supporters continue to extol its virtues
Con la caída del mercado, El Salvador registra pérdidas por $52 millones en tenencias de bitcoin
14.6.2022
El país ha invertido $104 millones en bitcoin desde que esa criptomoneda se convirtió en moneda legal, en septiembre
El Salvador is Down $52M on its Bitcoin Bet After Market Crash
14.6.2022
Led by President Nayib Bukele, the country made bitcoin legal tender and began buying the crypto in September 2021
El Salvador’s Finance Minister ‘Laughs off’ Claims of USD 40M Bitcoin ‘Losses’
14.6.2022
El Salvador’s Minister of Finance Alejandro Zelaya says he is “laughing off” international media reports that claim the nation’s bitcoin (BTC) adoption plans could scupper the economy and that they have left a USD 40 million hole in national finances....
Read More: El Salvador’s Finance Minister...
El Salvador 'has not had any losses' due to Bitcoin price dive, finance minister says
14.6.2022
Salvadoran minister Alejandro Zelaya brushed off the media criticism of the nation’s investments in Bitcoin
Here’s how blockchains are helping to advance the global energy grid
10.6.2022
Governments and environmentalists are quick to criticize the amount of electricity Bitcoin mining uses, but investors’ growing interest in crypto is leading to positive steps in the energy sector
Bitcoin Lightning Network Capacity charges through 4,000 BTC
10.6.2022
The layer-2 technology built on Bitcoin now has 4,000 Bitcoin or $120 million locked up allowing for near-instant payments around the world
Will El Salvador Default on Its Sovereign Debt in 2023?
8.6.2022
While the issuance of a $1 billion bitcoin bond is delayed, President Nayib Bukele must face payments of $800 million next January. Will he make it?
Survey: More Than 70% of Salvadorans Believe the Bitcoin Law Has Not Improved Their Personal Finances
6.6.2022
A recent survey has offered some insight into the real opinions Salvadorans have about the implementation of the Bitcoin Law in the country. The survey, carried out by the University Institute of Public Opinion of the José Simeón Cañas Central American University, found that most...