El Salvador Financial News

02.01 / 21:07

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

Bitcoin (BTC) continues to languish below the psychological level at $50,000 in the first few days of the New Year, indicating a lack of aggressive buying by traders. Former BTCC CEO Bobby Lee said the exodus of the Chinese traders who had until Dec. 31 to exit Chinese exchanges may have kept prices lower into the year-end.

02.01 / 12:51

business Government Blockchain Bitcoin Bukele President Bukele predicts Bitcoin $100k rally, further legal adoption and more

Last year, El Salvador became the first country to adopt Bitcoin as legal tender under Bukele’s presidency as a countermeasure to the growing inflation in the country. Since legalization, the president acquired 1,370 BTC for the country’s reserve and reinvested its unrealized gains into new infrastructure projects including a hospital and a school.

31.12 / 20:09

regulation Central Bank Bitcoin El Salvador Bitcoin App Should Have Been Audited Long Ago, Claims Ex-Central Bank Chief

A former Governor of the central bank of El Salvador has claimed that the state-run Chivo bitcoin (BTC) app would have already been shut down by regulators if it were a private company.

30.12 / 14:21

Adoption Latin America ATM Bitcoin Santo Blockchain to deliver 50 Bitcoin ATMs to Panama

Panama is doing its best to keep up with El Salvador’s Bitcoinization with the installation of 50 Bitcoin (BTC) ATMs in 2022. Thanks to Santo Blockchain, 50 of the planned 300 ATMs will begin shipping to Latin America in early 2022.

29.12 / 14:31

Government Law ETF Crypto makes history in 2021: Five instances of governments embracing digital assets

As digital asset prices had been hitting new historical highs in 2021, many jurisdictions were increasingly adopting cryptocurrencies like Bitcoin (BTC) and other crypto-based instruments.

27.12 / 20:29

SEC Congress regulatory Law Decoded: Three regulatory trends of 2021, Dec. 20–27

It is that time of the year: Singular events must be abandoned in favor of end-of-year, big-picture narratives and yearly lessons learned. As many governments across the globe finally had to face the rapidly mainstreaming realm of digital finance, the year is packed with developments in crypto policy and regulation that are impossible to fit into a neat little summary.

27.12 / 19:07

business crimes Bitcoin Some Salvadorans claim funds are missing from their Chivo wallets

Some of the money from El Salvador’s state-issued Chivo wallets is reportedly missing, according to many Salvadorans posting on social media.

27.12 / 18:26

Blockchain Adoption Bitcoin Crypto Twitter year in review: 10 influential tweets of 2021

Another year has come and gone in the cryptocurrency industry, leaving behind an ocean of developments, drama, price swings and innovation — all moving at a breakneck pace that even Barry Allen would have a hard time keeping up with. Similar to previous years, Twitter has yet again served as a hotbed of crypto industry discussion in 2021.

24.12 / 12:38

Adoption Investments Bitcoin Bukele President Bukele fires back at critics on 'Bitcoin experiment'

On Thursday, President Nayib Bukele of El Salvador reaffirmed his belief forBitcoin (BTC) supremacy on Twitter once again, this time stating that after widespread adoption occurs, "it's game over for fiat."

23.12 / 18:53

Blockchain Ethereum Binance ETF The biggest letdowns in crypto and blockchain in 2021

2021 has been one of the most interesting years for blockchain technology and cryptocurrencies, both in terms of adoption and mainstream acceptance. From governments such as El Salvador to large corporations like Tesla, Goldman Sachs, Bank of America and Morgan Stanley, many institutions have made a step toward becoming a part of the ecosystem.

23.12 / 11:27

business ETF Tesla Top 5 bullish Bitcoin stories of 2021

In terms of price action, cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are ending 2021 with a whimper, confounding expectations for an end-of-year blow-off top scenario. A six-figure Bitcoin by December became a consensus trade among many analysts, investors and market observers who were expecting the flagship cryptocurrency to replicate its previous four-year cycle.

22.12 / 20:33

Ethereum Kraken Bakkt Bitcoin Crypto.com's Super Bowl, Polygon's Opera, Prosecutors 'Clean' EUR 100M in Crypto + 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.

22.12 / 12:07

Government Adoption Bitcoin El Salvador buys 21 Bitcoin to celebrate December 21, 2021

The government of El Salvador continues celebrating significant days by buying more Bitcoin (BTC), with president Nayib Bukele announcing a new purchase of 21 BTC on Tu.

21.12 / 04:05

regulation Latin America Argentine Crypto Firm Sets up El Salvador Base to Side-step Fiscal Reporting Duties

The bitcoin (BTC)-keen El Salvador President Nayib Bukele has bet big on international crypto firms’ willingness to relocate to his country, opening the door for crypto companies to set up shop in the nation. And there are tentative signs that his much-hoped for crypto exodus has begun.

13.12 / 18:55

Bitcoin US ‘Could Hit El Salvador’s Chivo Bitcoin Wallet with Sanctions,’ Claims NGO

The United States could impose sanctions on El Salvador’s Chivo bitcoin (BTC) wallet, the human rights organization Cristosal has speculated.

13.12 / 12:19

UPS Citi Bitcoin El Salvador’s Bitcoin City and why it could be a ‘pretty attractive opportunity’

Ever since Bitcoin was adopted as legal tender in El Salvador, the country has been coming up with innovative ways to integrate it into the economy. So much so that plans to build a “Bitcoin City” have also been announced recently.

10.12 / 00:09

Adoption Bitcoin Lack of Transparency Blighting El Salvador’s Bitcoin Adoption, Critics Say

Media outlets claim that bitcoin (BTC) adoption has been a damp squib thus far in El Salvador – and have bemoaned the fact that the government has failed to produce any explanation of how it has spent the money it has forked out on token purchases.

08.12 / 03:25

Blockchain Digital Citizens Bitcoin ‘We are definitely almost there,’ Zimbabwe’s central bank governor on CBDC

Zimbabwe’s central bank Governor John Mangudya said in a recent interview, that the country is looking at a digital currency backed by the regulator at the moment, rather than cryptos like Bitcoin. Mangudya said,

06.12 / 17:27

Ethereum Forecast MARKET Bitcoin Bitcoin and Ethereum Price Predictions for 2022

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04.12 / 14:17

BTC Twitter Strategy Bitcoin Bukele El Salvador at it again, Nayib Bukele announces purchase of 150 Bitcoin

While the entire cryptocurrency industry is reeling under a massive dip, President of El Salvador once again managed to find the silver lining in this storm. Earlier today, Nayib Bukele announced on Twitter that the island country had once again bought the dip as Bitcoin continued on its downward spiral.

04.12 / 12:39

Ethereum MARKET Bitcoin ING Bitcoin, Ethereum Rebound Sharply After Another Crash while El Salvador Misses 'the F***ing Bottom'

The crypto market saw another sharp correction on Saturday morning (UTC time), followed by a strong rebound, while over USD 2.5bn in derivatives trading positions were liquidated in the past 24 hours. El Salvador "bought the dip" once again.

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