El Salvador Financial News

26.01 / 12:25

Bitcoin IMF urges El Salvador to ditch its push into bitcoin

The International Monetary Fund urged El Salvador to strip bitcoin of its status as legal tender because of its large risks to financial stability, the latest twist in protracted talks between the fund and the highly indebted Central American country to secure a $1.3bn loan.

26.01 / 11:55

Bitcoin IMF Urges El Salvador to Ditch Bitcoin’s Legal Tender Status

26.01 / 09:25

cryptocurrency Digital IMF Bitcoin IMF Urges El Salvador To Remove Bitcoin As Legal Tender

IMF has urged El Salvador to remove Bitcoin as legal tender

26.01 / 01:41

Law regulation Bitcoin IMF urges El Salvador to remove Bitcoin's status as legal tender

Members of the executive board at the International Monetary Fund are urging lawmakers in El Salvador to no longer recognize Bitcoin as legal tender.

26.01 / 01:10

Digital Citizens Tether Bitcoin Drop Drop bitcoin as legal tender, IMF urges El Salvador

In this article

25.01 / 13:36

cryptocurrency Social Media McDonald's humor McDonald’s Happily Trolls Crypto Twitter – and the Responses Are (Darkly) Hilarious

The wits who run the McDonald’s PR machine have been busy – and the firm is now enjoying some free Twitter ad space at the expense of the crypto community, with everyone from bitcoin (BTC) miners and maxis to world leaders indulging in some price- (and burger-)themed gallows humor.

25.01 / 12:51

business Adoption Bitcoin McDonald's jumps on Bitcoin memewagon, Crypto Twitter responds

Prominent crypto entrepreneurs and supporters, who shared memes on Twitter about doing odd jobs amid an ongoing market crash, were joined by global fast-food giant McDonald's — the brand infamously linked with temporary Bitcoin (BTC) market crashes.

24.01 / 06:43

Ethereum cryptocurrency Shiba Inu Bitcoin Bitcoin gains Weekend Cryptocurrency Prices Today : Bitcoin gains 1%, markets recover slightly after weekend crash

The global cryptocurrency market-capitalisation rose by 1.13 percent over the last 24 hours to $1.63 trillion, while the trading volume over the same period tumbled by 35.81 percent to $83.88 billion.

23.01 / 21:33

markets Bitcoin Bitcoin Price week Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, ACH*, FTM

Bitcoin (BTC) fell close to $34,000 on Jan. 21, which reflects a 50% decline from the $69,000 all-time high made on Nov. 10, 2021. Altcoins also could not buck the trend and faced intense selling pressure, which pulled the total crypto market capitalization to $1.6 trillion, a 46% decline from its November 2021 all-time high near $3 trillion.

23.01 / 18:55

Blockchain Ethereum Pool Bitcoin Chinese investors, Ryan Selkis seem to agree it’s best to buy Bitcoin at this price

As Bitcoin dove into a pool of red yet again – taking many investors’ sentiments with it – El Salvador’s President Nayib Bukele happily announced that he hadn’t missed the dip after all. On the contrary, the head of state reported that El Salvador had bought another 410 Bitcoin for $15 million.

22.01 / 18:39

BTC ETF Bitcoin El Salvador buys the dip again, adds 410 BTC to its treasury, but experts raise alarm

It has been somewhat of a rollercoaster ride for Bitcoin in the past week. While Russia’s announcement of a possible crypto trading and mining ban has put pressure on the market, SEC’s rejection of two more physically-backed Bitcoin ETFs wasn’t good news either. And as a result, Bitcoin is trading in a weak range of $35,000 and $36,000 at the time of writing.

22.01 / 16:17

FIVE Digital Waters Google Report: Indians maintain a cautious outlook as crypto markets witness a bloodbath

The global cryptocurrency market cap on 22 January went down by a massive 13.5% in the last 24 hours, to settle at around $1.6 trillion. Needless to say the tumble follows the year when the market witnessed its first record $3 trillion in cumulative market cap.

22.01 / 15:01

markets Bitcoin Bitcoin Price 2020 BTC price falls to $34K as Bitcoin RSI reaches most 'oversold' since March 2020 crash

Bitcoin (BTC) refused to stem recent losses during Jan. 22 as predictions of a flight to $33,000 and lower looked increasingly likely to become a reality.

22.01 / 08:19

business Government Adoption Bitcoin El Salvador buys its cheapest 410 Bitcoin as prices reach $36k

The Central American country of El Salvador has added 410 Bitcoin (BTC) to its central reserve as BTC prices trade below $37,000, a price last seen on July 26th, 2021.

21.01 / 17:07

Adoption Report Bitcoin Crypto users Nations to adopt Bitcoin, crypto users to reach 1B by 2023: Report

There’s a beacon of hope for battered Bitcoin (BTC) bulls. A promising report from Crypto.com predicts that global crypto users could reach one billion by the end of 2022.

21.01 / 15:49

Twitter Adoption Bitcoin Turkish and Salvadoran presidents meet, Bitcoiners left disappointed

Bitcoin (BTC) took more than just a beating in the markets. The orange coin got the cold shoulder as Turkish President Recep Tayyip Erdoğan welcomed his Salvadoran peer Nayib Bukele in the capital of Turkey to talk about a number of topics. While Bitcoin failed to be a talking point, it did not stop the Twitter rumor mill from going into overdrive.

20.01 / 21:25

Bitcoin Bukele Turkey’s put limits on crypto transactions — now Edrogan is set for talks with El Salvador’s bitcoin-backing Bukele

ISTANBUL — Turkish President Recep Tayyip Erdogan is set to meet on 20 January with the leader of El Salvador, the first country to make bitcoin legal tender, while the Turkish central bank kept interest rates on hold in a move that will likely do little to arrest the country’s currency crisis.

20.01 / 16:19

Bitcoin Bukele Turkey’s put limits on crypto transactions — now Edrogan is set for talks with El Salvador’s bitcoin-backing Bukele means

20.01 / 13:48

markets Predictions Bitcoin Bitcoin Price analysts Breaking 'bear market' in Bitcoin demand will spark next BTC price surge — analysts

Bitcoin (BTC) demand has been in a “bear market” for a whole year, but a surge is most likely what will spark a new price run up.

20.01 / 13:48

business Adoption Bitcoin Backed Low El Salvador explores low-interest loans backed by Bitcoin

It’s full steam ahead for El Salvador’s Bitcoinization. The next point on the orange agenda is in providing low-interest loans backed by Bitcoin (BTC) to small and micro-businesses.

19.01 / 09:07

business Tether Lightning Network Bitcoin Strike wallet is 5th most popular finance app in Argentina, but where’s the BTC?

Strike’s digital wallet has become the fifth most popular finance app in Argentina within a week of its launch.

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