El Salvador

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Posted by | March 22, 2024
El Salvador Doubles Down on Bitcoin

In a series of strategic moves that underline its commitment to cryptocurrency, El Salvador continues to deepen its engagement with the digital currency market, particularly bitcoin (BTC). President Nayib Bukele...

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Posted by | March 17, 2024
El Salvador President Says Country Moving Bitcoin Into Cold Storage Amid Daily One BTC Investment Plan

The President of El Salvador says that the country is now moving its Bitcoin (BTC) stash into cold storage. In a new thread on the social media platform X, President...

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Posted by | March 14, 2024
El Salvador Has Thousands More Bitcoins Than Previously Known

El Salvador moved more than 5,000 BTC into a cold wallet this week. The disclosure by President Nayib Bukele nearly doubles the country's known stash of the digital asset. Bitcoin-forward...

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Posted by | March 12, 2024
First Mover Americas: Ether Options Traders Prepare for Downside

This article originally appeared in First Mover , CoinDesk's daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day ....

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Posted by | February 29, 2024
El Salvador President Says No To Selling As Bitcoin Investment Pays Off Big

El Salvador, buying Bitcoin over the last two years, has been at the forefront of the crypto industry, becoming the first country to actively add BTC to its reserves. Throughout...

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Posted by | February 4, 2024
El Salvador’s Bitcoin-Friendly President Nayib Bukele Wins Re-Election

El Salvador's bitcoin-friendly president Nayib Bukele is on his way to another five-year term, according to exit polls which show him with an overwhelming lead shortly after voting ended on...

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Posted by | February 1, 2024
El Salvador: Bukele’s Bitcoin Plans Unveiled Before Sunday’s Vote

As El Salvador approaches its national elections on Sunday, Vice President Felix Ulloa, in an exclusive interview with Reuters, outlined the government’s unwavering commitment to Bitcoin, especially in the context...

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Posted by | January 10, 2024
El Salvador’s Bitcoin Bet Moves Into Profit, Here’s How Much The Country Has Made

El Salvador is now reaping substantial profits on its Bitcoin investment following the crypto’s recent rise in value. After taking a bold step by embracing BTC as a legal tender,...

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Posted by | December 14, 2023
Is El Salvador’s Bitcoin gambit finally paying off?

El Salvador’s controversial $117.5 million Bitcoin investment briefly swung into profitability this past week for the first time in two years.  This was a milestone of sorts because, until then,...

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Posted by | December 13, 2023
El Salvador’s ‘Volcano Bond’ Gets Regulatory Approval, Aims for Launch Early Next Year

El Salvador’s groundbreaking Bitcoin (BTC) “Volcano Bonds” have received regulatory approval and are slated to roll out to the public in the first quarter of next year. The National Bitcoin...

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