In the latest development, El Salvador Nayib Bukele announced that they will resume their Bitcoin purchases once again. In his recent tweet, President Nayib Bukele wrote: “We are buying one Bitcoin every day starting tomorrow”. However, he hasn’t...
After a very long, pro-Bitcoin El Salvador President Nayib Bukele gave a public interview with Tucker Carlson of Fox News. Under Bukele’s administration, The LAtAM nation made Bitcoin a legal tender last year.
Since then, the Latin American country...
It’s been nearly a year since the Latin American country El Salvador made Bitcoin a legal tender in the country. On Thursday, July 28, the El Salvador finance minister Alejandro Zelaya said that their Bitcoin bet has been...
El Salvador’s big Bitcoin bet hasn’t played in its favor so far. The Latin American country started buying BTC last year when it was trading around its all-time high. However, with BTC crashing more than 70% since November,...
El Salvador President Nayib Bukele said the country purchased 80 Bitcoin on Friday amid a broader decline in the token’s prices.
The South American country bought 80 Bitcoin at about $19,000 each, valuing the total transaction at $152,000. The...
On Saturday, June 18, Bitcoin underwent another major price correction slipping under $20,000 for the first time since December 2020. As of press time, BTC is trading at $18,548 with a market cap of $354 billion.
Panic has spread...
According to an Analytics site, buybitcoinworldwide, business intelligence company MicroStrategy, American electric car company Tesla, and the first country to adopt BTC as legal tender, El Salvador have seen a large percentage of the value of their BTC...
El Salvador has been planning to release the world’s first Bitcoin bond for a while. This move had garnered a lot of interest from investors in the space who have been looking forward to taking advantage of this...
El Salvador has been on the radar of leading financial and economic institutions since it made Bitcoin a legal tender. It has mainly become a spectacle as cryptocurrency supporters and non-supporters alike watch on to see how this...
El Salvador President Nayib Bukele said on Sunday that the country will host delegates from 44 countries this week to discuss Bitcoin.
Bukele said in a series of tweets that delegates from 44 countries, consisting of 32 central banks...
