The president of El Salvador Nayib Bukele has bought another 410 Bitcoin taking advantage of the latest drop. But this strategy is starting to become worrisome. Bukele’s latest Bitcoin purchase. In re...
Tag: Salvador
Nouriel Roubini Says El Salvador President Should Be Impeached Over Bitcoin
Alex Dovbnya Nobel Prize laureate Nouriel Roubini has slammed Nayib Bukele as “a criminal president” Nobel Prize laureate Nouriel Roubini has doubled down on his criticism of El Salvador President Nay...
El Salvador Scoops 410 BTC as the Coin Slumps to a 5-Month Low
Last week, the digital currency ecosystem slipped to unprecedented lower levels when Bitcoin (BTC) dipped to its lowest level in 5 months to a price below $39,000. The crypto trading world was sent in...
Bitcoin Has Revamped Access To Financial Services In El Salvador For Millions
Advertisement     In a recent interview with Time Magazine, Ark Invest’s C.E.O Cathie Wood expressed her support for Bukele’s Bitcoin ideals, hitting out at his oppone...
Dogecoin Co-Founder Welcomes El Salvador President to McDonald’s Family
Alex Dovbnya El Salvador President Nayib Bukele has posted a picture of himself in a McDonald’s uniform El Salvador President Nayib Bukele has posted a photoshopped image of himself wearing a McDonald...
El Salvador President Nayib Bukele Confirms the Purchase of 410 More BTC
Earlier today, El Salvadoran President Nayib Bukele tweeted that his country has added 410 more BTC. He previously expressed regret that his country had missed buying the dip. The country bought the f...
El Salvador Buys 410 Bitcoins as BTC Plunges to Lowest Level in Months – Featured Bitcoin News
El Salvador bought the dip as the price of bitcoin plunged to a record low. President Nayib Bukele said Friday that his country has purchased 410 more bitcoins. The Salvadoran government has bought a ...
El Salvador buys the dip again invests $15m
TL;DR Breakdown El Salvador buys 410 more BTC in the dip. Bukele reiterates commitment to keep buying BTC in the dip. Country set to begin giving crypto loan to small businesses. El Salvador has bough...
El Salvador Plans to Offer Crypto Loans to Small-Scale Entrepreneurs – Emerging Markets Bitcoin News
The government of El Salvador will offer cryptocurrency-based loans to small companies. Conamype, the National Commission for Micro and Small Enterprises, will be the link between the investors and a ...
El Salvador Buys $15 Million Worth Of Bitcoin Really Cheap
Bukele, the president of El Salvador, who additionally purchased bitcoin during a dunk in September, declared in an emoticon loaded tweet Friday that the nation had bought the money truly modest BTC P...
El Salvador buys another $15M worth of BTC during the dip
El Salvador’s plans to endorse the use of Bitcoin are still strong despite the current market dip. The Central American country has purchased an additional $15 million worth of Bitcoin during the rece...
Bitcoin enthusiasts left disappointed post meet of Turkey and El Salvador presidents
Bitcoin lovers were left disappointed after Nayib Bukele met with Turkish president It was not spoken about during Bukele’s stay over at the Turkish capital The nature of the encounter was spoken ab...
El Salvador purchases additional 410 Bitcoin for $15 million
Bitcoin-centric Central American country, El Salvador, has taken advantage of the ongoing bear market to buy 410 units of Bitcoin for around $15 million. President Bukele called the purchase “really c...
El Salvador purchases more bitcoin worth $15 million on market dip
El Salvador has purchased an additional 410 bitcoin for $15 million, according to a Friday tweet from its president Nayib Bukele. “Some guys are selling really cheap,” Bukele wrote in English, referri...
El Salvador President Buys an Additional 410 BTC as Price Plummets
As short-term holders of BTC complain of significant losses, Nayib Bukele is adding 410 more BTC to the country’s holdings, which now total over $70M. The crypto market cap has seen a dip of over 12% ...
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 tw...
El Salvador Purchased 410 Bitcoin for $15M
El Salvador’s president – Nayib Bukele – was recently worried that his country missed out on buying cheaper bitcoin. However, the latest dipped allowed the nation to accumulate 410 more BTC. The small...
El Salvador Just Bought 410 Bitcoin At A Huge Discount As BTC Extends Losses Into The Weekend ⋆ ZyCrypto
Advertisement     Friday’s flash dump which saw Bitcoin plunge by over 13%, falling under $36,000 seems to have extended into the weekend. At press time, the cryptocur...
El Salvador Purchases Bitcoin Dip, Acquires 410 BTC
Nayib Bukele, the President of El Salvador, recently announced that the Central American country has acquired 410 Bitcoin for a total of $15 million. In the last 4 months, El Salvador acquired the dig...
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. The fresh addition to El Salvad...
Second Consecutive Crash Day Extends Investor Loses Over $350 Billion, El Salvador Buys the Dip
On Frida, January 21, the broader cryptocurrency market extended further losses tanking another 8%. This is the second consecutive day of heavy selling in the crypto space as investors lose more than ...
El Salvador Readies Launch Of Cheap Bitcoin-Backed Loans For Small Businesses ⋆ ZyCrypto
Advertisement     Despite the flagship cryptocurrency falling to six-month lows, El Salvador is not wavering in its bitcoin flag-waving. The government of the Central ...
El Salvador Buys $15 Million Worth Of Bitcoin ‘Really Cheap,’ President Crows, As Selloff Continues
Topline El Salvador, the first country to adopt bitcoin as legal tender, purchased 410 bitcoin for $15 million Friday with the currency trading at its lowest point in six months, President Nayib Bukel...
El Salvador Purchases 410 More Bitcoins Amid Market Drop, President Bukele Says
El Salvadaor bought 410 bitcoin for $15 million Friday, the country’s President Nayib Bukele said on Twitter. “Some guys are selling really cheap,” he added in his tweet. Bitcoin was down about 12% la...
Cathie Wood: El Salvador Has Nailed BTC
Cathie Wood of Ark Invest believes El Salvador is on the right path when it comes to bitcoin innovation. She is very excited about all the fantastic progress the country has made in terms of BTC adopt...
El Salvador Plans To Give Small Businesses Low Interest Bitcoin-Backed Loans
Nayib Bukele, dubbed the “CEO of El Salvador,” is pushing the envelope by implementing Bitcoin as a legal tender in the real world. The Salvadoran government is attempting to develop a Bitcoin-backed ...
El Salvador Plans to Offer Crypto-Based Loans for SMEs
According to Steiner, the government has been in talks with Acumen since October 2021, following the approval of bitcoin as legal tender in the Central American country. In parallel, it holds negotiat...
El Salvador to offer Bitcoin-backed loans to Salvadorans
El Salvador is going even more bullish on Bitcoin. With Bitcoin already being accepted as legal tender in the country, the government is exploring more ways where Bitcoin can be implemented into the f...
El Salvador wants to give small businesses access to Bitcoin-backed loans
Bitcoin is pushing deeper into the fabric of El Salvador’s economy. The Central American nation is now considering providing low-interest Bitcoin-backed loans to small and micro businesses as one of t...
Will Turkey Follow El Salvador to Legalize Bitcoin (BTC) Tender?
El Salvador’s President Nayib Bukele arrived in Turkey Thursday to meet President Recep Tayyip Erdoğan in a bid to foster alliance and investment in the Central American country. Just before arriving ...
El Salvador is down $12 million on its Bitcoin buys
With the ongoing market slump, El Salvador is holding significant losses on its Bitcoin investments. Its buying process and wallets are undisclosed, so the exact amount remains unknown. But estimates ...
President Bukele Has Lost Over $11 Million Trading Bitcoin For El Salvador ⋆ ZyCrypto
Advertisement     The Bitcoin experiment by El Salvador President Nayib Bukele has purportedly put a big dent in the Central American nation’s pocket so far. This was ...