Tags El Salvador

Tag: El Salvador

El Salvador president addresses bear market concerns with Bitcoin hopium

As tensions rise amid falling BTC prices, President Nayib Bukele decided to share advice for fellow Bitcoin investors that may be...

El Salvador’s over $100 million Bitcoin purchase is now worth $66 million

El Salvador’s Bitcoin losses are equal to its next interest payment to bondholders, which is due on June 15.

Nayib Bukele’s BTC boondoggle: El Salvador experiment an epic fail

El Salvador’s president couldn’t make this year’s big BTC party in Miami because he’s (a) too busy suppressing free speech at...

Nayib Bukele Won’t Attend Miami Bitcoin Conference Citing Unforseen Circumstances

Nayib Bukele canceled his appearance at the Miami Bitcoin Conference due to a “state of emergency” in El Salvador.

Honduras signals intent to follow neighboring El Salvador in making Bitcoin legal tender

President Xiomara Castro says El Salvador shouldn't be the only country to rid itself of dollar reliance. Honduras...

Bitcoin’s TVL on Lightning Network now worth over $1 billion

The adoption of Lightning Network by Twitter, El Salvador, and others have helped push its growth. Bitcoin’s recent...

El Salvador’s tourism sector has increased by 30% due to the use of Bitcoin as legal tender

El Salvador is reaping the benefits of making Bitcoin (BTC) legal money, as the country's tourist business has increased by 30...

Bukele Lashes Out After US Senators Introduce Legislation Investigating El Salvador’s Bitcoin Law

The new bill, in question, was proposed by three Senators which seeks to “mitigate” certain risks to the US financial system...

El Salvador is the top Google search result for Bitcoin, followed by Nigeria

As El Salvador takes the helm of Google searches, the market's attention is drawn to the growing interest in Bitcoin (BTC).

Bloomberg analysts: El Salvador’s Bitcoin fortunes have plummeted, with at least $11 million in losses

Massive liquidations have wreaked havoc on the crypto market, hurting retail and institutional investors. According to Bloomberg, El...
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