El Salvador Financial News
02.06 / 10:25
Bitcoin Miner
stake
acquires
Tether acquires $100 million stake in US-Listed bitcoin miner Bitdeer
Stablecoin issuer Tether Holdings Ltd. has acquired a $100 million stake in Bitdeer Technologies Group, the US-listed Bitcoin miner owned by Chinese billionaire Jihan Wu, with an option to purchase an additional $50 million in shares within a year. The two firms entered into a subscription agreement for a private placement of 18.6 million Class A ordinary shares, Bitdeer said in a statement on Friday, which generated $100 million in gross proceeds. There was also a warrant to purchase up to five million in additional shares at $10 per share. The private placement closed on Thursday. Cantor Fitzgerald & Co. acted as the placement agent.
01.06 / 19:39
UPS
security
President
country
Latin
Department
Courts
US dampens criticism of El Salvador's president as migration overtakes democracy concerns
Nayib Bukele, on a trip to Washington, snubbing the self-proclaimed “world's coolest dictator" for fear a photo op would embolden his attempts to expand his power base. A little more than three years later, it's the United States that's courting Bukele. A high-level delegation led by U.S.
31.05 / 17:57
Bitcoin
bitcoin etfs
RFK Jr. Says He Owns 21 Bitcoins, Talks Deep Commitment To Crypto
Robert F. Kennedy Jr. (RFK Jr.) says he bought 21 bitcoins for his children after winning a $13 billion case against biotech giant Monsanto, the crypto-friendly U.S. presidential candidate told a crowd at Consensus 2024 in Austin, TX this week.
30.05 / 08:49
markets
Ethereum
BTC
Bitcoin news
trends
Bitcoin
Bitcoin Price Prediction: BTC Nears $68,000; BlackRock’s $20B Fund Boosts Investor Confidence
Bitcoin (BTC), the world’s leading cryptocurrency, continues its bearish trend, remaining below the $68,000 mark and hitting an intraday low of $67,147. Major altcoins like Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) also edged lower, with the Market Fear & Greed Index at 63 (greed).
29.05 / 21:17
El Salvador’s Bitcoin and AI Adoption Plans Could 10x GDP by 2029
ARK Invest CEO Cathie Wood believes El Salvador’s Bitcoin and AI adoption plan could see its GDP tenfold in the next 5 years.
27.05 / 03:19
16.05 / 11:49
Cryptocurrency mining
El Salvador mined nearly 474 bitcoins, adding to state crypto holding, in last three years
El Salvador has mined nearly 474 bitcoins since 2021 thanks to a volcano-fueled geothermal power plant, official data showed on Tuesday, bringing the government's total bitcoin portfolio to nearly $354 million at current prices. The country's "Bitcoin Office," an official government entity, reports that government coffers now hold 5,750 bitcoins.
13.05 / 18:07
El Salvador Launches Bitcoin Treasury Website For its $360 Million BTC Reserves
El Salvador, renowned for its move to adopt Bitcoin as legal tender in September 2021, has now introduced a cutting-edge online platform for tracking the country’s Bitcoin Treasury.
25.04 / 02:05
2024 crypto
Australia Now Has Over 1,000 Bitcoin ATMs: Report
Australia achieved a new milestone by becoming the third-largest host for Bitcoin ATMs, joining the United States and Canada as the countries with over 1,000 active crypto-fiat machines, according to April 24 data from Coin ATM Radar.
24.04 / 19:03
24.04 / 04:57
Hackers
Bitcoin
Hackers Expose Code Of El Salvador’s Bitcoin Wallet App Chivo
Hackers exposed more information about El Salvador’s state-run Bitcoin wallet, Chivo, on April 23 after publicly leaking the personal data of its millions of users earlier this month.
11.04 / 16:55
Asset Tokenization
Tokenized Funds
Bitfinex Securities Launches Tokenized Debt for Hilton Hotel Construction in El Salvador
Bitfinex Securities El Salvador S.A. de C.V., a tokenized securities platform, is spearheading an initiative to fund the development of a Hampton by Hilton hotel complex at El Salvador International Airport through a tokenized debt issue.
10.04 / 09:33
BLOCK
Progressive
Death
Diversity
rights
Traffic
Interviews
Maryland governor and members of Congress to meet to discuss support for rebuilding collapsed bridge
Maryland Gov. Wes Moore plans to meet this week with members of Congress to discuss support for rebuilding the collapsed Francis Scott Key Bridge
09.04 / 01:27
BLOCK
Progressive
Death
Diversity
Traffic
Interviews
Maryland governor and members of Congress to meet to discuss support for rebuilding collapsed bridge
collapsed Francis Scott Key Bridge, which has blocked the main shipping channel at Baltimore's port for nearly two weeks. “I’m going to be spending part of this week with our delegation going down and meeting with leaders and ranking members in the Congress and letting them know that this issue is not partisan. This is a patriotic responsibility to be able to support one of this country’s great economic engines," Moore said in an interview with The Associated Press.
08.04 / 20:39
MET
Progressive
President
Diversity
Salvage crews have begun removing containers from the ship that collapsed Baltimore's Key bridge
Salvage crews have begun removing containers from the deck of the cargo ship that crashed into and collapsed the Francis Scott Key Bridge in Baltimore, an important step toward the full reopening of one of the nation’s main shipping lanes
07.04 / 04:17
Citizens
security
Software
President
country
reports
rights
El Salvador offering 5,000 free passports to highly skilled scientists, engineers, doctors, says President Nayib Bukele
El Salvador has announced that the Central American country will offer 5,000 free passports to highly skilled workers. The number is equivalent to $5 billion in the country's passport programme, he added. "We're offering 5,000 free passports (equivalent to $5 billion in our passport program) to highly skilled scientists, engineers, doctors, artists, and philosophers from abroad.
03.04 / 08:17
markets
Digital
Bitcoin news
trends
Trade
Bitcoin
Bitcoin Price Prediction as ‘Halving’ Countdown Begins – Will BTC Blast Up?
As the ‘halving’ event nears, Bitcoin price predictions become increasingly significant, with the current value at $66,125 hinting at future trends.
02.04 / 09:39
30.03 / 15:31
29.03 / 03:35
UPS
Citi
Provident
community
President
Diversity
NOT
Immigrants killed in Baltimore bridge collapse died doing job 'others do not want to do'
The six victims of the Francis Scott Key Bridge collapse were all immigrants from Mexico and Central America, doing the kind of grueling work that many immigrants take on, when a container ship crashed into a support pillar at 1:30 a.m. EDT on Tuesday (0530 GMT) and sent them plunging into the icy Patapsco River. Divers pulled the bodies of Alejandro Hernandez Fuentes and Dorlian Castillo from a red pickup truck 25 feet underwater the following day.
28.03 / 01:55
Waters
Highways
Diversity
information
reports
Traffic
Investigations
Cargo ship had engine maintenance in port before it collided with Baltimore bridge, officials say
The victims, who were part of a construction crew fixing potholes on the bridge, were from Mexico, Guatemala, Honduras and El Salvador, Butler said. Maryland Gov. Wes Moore addressed their families in Spanish during the news conference, saying, “Estamos contigo, ahora y siempre," which means, “we are with you, now and always." All search efforts have been exhausted, and based on sonar scans, authorities “firmly" believe the other vehicles with victims inside are encased in superstructures and concrete from the collapsed bridge, Butler said.
latest developments in El Salvador
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