El Salvador Financial News

15.08 / 16:17
cryptocurrency Binance Reuters Bitcoin Binance Says It Is Winning Crypto Clients Thanks To Inflation Surge
Binance says it is winning crypto clients thanks to inflation
10.08 / 18:47
Adoption education Bitcoin El Salvador’s ‘My First Bitcoin:’ How to teach a nation about crypto
The grassroots Mi Primer Bitcoin or “My First Bitcoin” program has picked up steam in El Salvador. The first cohort of Bitcoiner-come-students began studies in May this year. Founded by John Dennehy, an American activist and journalist, the program also has the support of the El Salvador government. 
08.08 / 01:03
business Adoption Investments Bitcoin How Bitcoin whales make a splash in markets and move prices
Deriving their names from the size of the massive mammals swimming around the earth’s oceans, cryptocurrency whales refer to individuals or entities that hold large amounts of cryptocurrency. 
04.08 / 13:39
Adoption Bitcoin Tourists flock to El Salvador despite Bitcoin bear market
Tourism in El Salvador has soared in the first half of 2022. Up 82.8% just this year, there were 1.1 million visitors to El Salvador this year, according to government figures. That's despite the price of Bitcoin (BTC) sinking almost 50% since Jan. 1. 
03.08 / 12:43
BTC Twitter BLOCK Bitcoin 91% of Bitcoin Mined, Remaining less than 1.9m Units to Issue before 2140
The number of Bitcoin is becoming rare as only 9% is left to be mined for the next century, according to data from the Clark Moddy Bitcoin's dashboard.
30.07 / 11:25
cryptocurrency crypto news cryptos Honduras Launches 'Bitcoin Valley' In The Tourist Town Of Santa Lucia
Honduras launches 'Bitcoin Valley' in the tourist town of Santa Lucia
29.07 / 18:41
Ethereum MasterCard proof-of-work Bitcoin Testnet Three Arrows 'Mess' & Babel's Losses, Ethereum's Testnet, Bitcoin's Defense, NFT ETF Zone + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. 
22.07 / 00:15
business Mercado Bitcoin plans to expand to Mexico
Brazilian crypto exchange Mercado Bitcoin could begin operating in Mexico sometime in 2022, pending regulatory approval.
20.07 / 15:21
Adoption Bitcoin Morgan Stanley encourages investors to buy battered El Salvador Eurobonds
The Bitcoin (BTC) bet has somewhat backfired for the small nation as the top cryptocurrency trade at a 70% discount from its top. At a time when the Latin American nation is struggling with its debt, Morgan Stanley has given a buy call for the battered Eurobonds.
19.07 / 18:39
Technology Adoption remittances Bitcoin Technicals suggest Bitcoin is still far from ideal for daily payments
It is no secret that a vast majority of investors, both from the realm of traditional as well as crypto finance, view Bitcoin (BTC) as a long-term store of value akin to “digital gold.” And, while that may be the dominant narrative surrounding the asset, it is worth noting that in recent years the flagship crypto’s use as a medium of exchange has been on the rise.
16.07 / 14:53
cryptocurrency crypto news Central African Republic Launches 'Sango Coin' Cryptocurrency Amid Rout
Central African Republic launches 'Sango Coin' cryptocurrency amid industry rout
15.07 / 17:35
Latin America JPMorgan Bitcoin Bukele El Salvador Finance Chief Says USD 800M Debt Default Won’t Happen, Bukele Says BTC Is 'Inevitable'
El Salvador’s finance minister says he is unworried by international markets forecasters’ predictions that the country will default on USD 800 million bond payments early next year.
14.07 / 16:19
Latin America Bitfinex Bitcoin donates businesses Support Bitfinex donates 36 BTC to Salvadoran businesses to support economic development
Cryptocurrency exchange Bitfinex has donated 36 Bitcoin (BTC) and $600,000 worth of Tether (USDT) to small businesses in El Salvador as part of a broader pledge to support economic development in neighborhoods that have struggled with gang-related violence. 
09.07 / 00:55
Ethereum ETF proof-of-work Bitcoin events end 5 events that could put an end to the current crypto bear market
Much to the chagrin of cryptocurrency investors across the ecosystem, the bear market has officially set in and brought with it devastating price collapses that have left relatively few unscathed. 
07.07 / 12:17
Adoption Gold Bitcoin Trump Bukele Bitcoin vs bank: Nayib Bukele reminds Peter Schiff why banks can’t trump BTC
Since the closure of his bank in Puerto Rico, Peter Schiff has been at the receiving end of Bitcoin (BTC) proponents, reminding him this wouldn’t have happened if he was using BTC.
07.07 / 05:35
business Bitcoin controversy Bitcoin-friendly Próspera hits back at controversy in The Guardian
The leadership of the crypto-friendly charter city of Próspera in Honduras has hit back at reports it is facing a backlash from residents of the neighboring community of Crawfish Rock over its expansion plans.
06.07 / 17:15
Adoption Bitcoin El Salvador's Bitcoin wallet Chivo scores $52M in remittances in 2022
Salvadorans living abroad hsent over $50 million in remittances from January to May this year, according to the El Salvador Central Reserve Bank.
02.07 / 08:59
Government Blockchain Adoption Bitcoin The decoupling manifesto: Mapping the next phase of the crypto journey
A new financial system; a more democratized, even more inclusive, financial sector; the future of the internet — the crypto ecosystem has been described as all of these things. However, as is evidenced by digital assets’ inherent correlation with the Nasdaq 100, most people fail to conceptualize blockchain as anything other than an extension of the traditional tech economy. While blockchain’s proponents laud its virtues and potential, they have been unable to make a comprehensive case for blockchain to everyday people.

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