More Stress For El Salvador As Bitcoin Dips To $29,000


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 plays out. El Salvador which had made good on its bitcoin promise had made multiple BTC purchases … Read more

President Nayib Bukele Announces 44 Countries To Meet In El Salvador To Discuss Bitcoin


El Salvador President Nayib Bukele announced that 32 central banks and 12 financial authorities are meeting in the country to discuss Bitcoin. Late Sunday night, El Salvador President Nayib Bukele announced on Twitter that 32 central banks and 12 financial authorities from 44 countries are to meet on Monday, May 16, to discuss financial inclusion, … Read more

El Salvador Buys The Wild Bitcoin Dip With 500 BTC Purchase


President Nayib Bukele announced the purchase of another 500 BTC leaving the total reserves of El Salvador at 2,301 BTC valued at $74 million. El Salvador bought the dip with a purchase of 500 BTC. The BTC purchase bolsters the already stacked reserves of El Salvador with a total of 2,301 BTC currently valued at … Read more

El Salvador President Nayib Bukele Released Model Of Bitcoin City


After announcing the purchase of an additional 500 BTC for El Salvador’s balance sheet, the president released images of Bitcoin City. El Salvador President Nayib Bukele released models showcasing Bitcoin City. The models include a volcano overlook, featuring a bitcoin centerpiece within the city. The previously announced Bitcoin Bonds are meant to fund the infrastructure … Read more