Pro-Bitcoin President Bukele Begins Second Term in El Salvador
The pro-bitcoin president of El Salvador, Nayib Bukele, commenced his second term on June 1 at the National Palace in San Salvador, with his family and a large crowd in…
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Ark CEO Cathie Wood Talks Bitcoin With El Salvador’s President — Applauds His Vision for BTC Hub
Cathie Wood, CEO of asset management firm Ark Invest, recently met with El Salvador’s President Nayib Bukele and discussed bitcoin. She praised his progressive approach to economic and educational reforms.…
Bitcoin Reportedly Hindering El Salvador’s Credit Opportunities With the IMF
Bitcoin and its adoption by the government of El Salvador have become a negative factor in the country’s negotiations with the IMF. According to reports, the institution demands changes to…
Salvadoran Press Raises Doubts on Piggy Bank Funds’ Ownership: 80% of BTC Came From Bitfinex
Reports from local Salvadoran press are raising questions about President Bukele’s announcement last week, when he transferred 5,690 BTC to a cold wallet, stating that all of these belonged to…
El Salvador Will Keep Buying 1 Bitcoin Daily Until BTC ‘Becomes Unaffordable’ With Fiat Currencies, Says President Bukele
El Salvador has been buying one bitcoin a day since 2022, according to President Nayib Bukele, who confirmed that his country’s “1 bitcoin a day program” will continue until the…
El Salvador Moves ‘Big Chunk’ of Its BTC to Cold Wallet — President Bukele Says ‘Call It Our First Bitcoin Piggy Bank’
El Salvador has transferred “a big chunk” of its bitcoin holdings to a cold wallet, President Nayib Bukele has announced. “You can call it our first bitcoin piggy bank,” he…
El Salvador Has More Bitcoin Than Public Estimates With Multiple BTC Revenue Sources, President Bukele Indicates
President Nayib Bukele of El Salvador has indicated that his country’s bitcoin holdings may exceed public estimates. He revealed that El Salvador has been generating bitcoin-related revenue from various sources…
Tim Draper Expects Bitcoin to Transform El Salvador Into One of the Richest Countries in the World
Tim Draper, a venture capitalist famous for his bitcoin price predictions, has praised El Salvador’s vision of embracing this new technology and talked about the benefits of this decision for…
Latam Insights: El Salvador Won’t Sell Its Bitcoin, Bitcoin Spot ETFs Land In Brazil and Peru
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: President Bukele states El Salvador will not sell…
Satoshi’s Growing Fortune, JPMorgan Says Halving Priced in, Peter Brandt Raises BTC Price Target, and More — Week in Review
Bitcoin’s valuation surged past the $1 trillion mark, significantly increasing the net worth of its elusive creator, Satoshi Nakamoto, by nearly $9 billion in two months. JPMorgan Chase analysts have…
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