El Salvador

El Salvador President Nayib Bukele took a dig at legacy international news outlets for their reports about the country's debt situation. What Happened: Bukele said legacy international news outlets incorrectly blamed El Salvador's debt situation on its Bitcoin (CRYPTO: BTC)...

Miss El Salvador Alejandra Guajardo, who is representing the country in the 2023 Miss Universe pageant, turned heads with her unique look — a custom-made suit inspired by Bitcoin (CRYPTO: BTC). What Happened: The suit worn by Guajardo was crafted by Salvadoran...

The El Salvador Legislative Assembly has unanimously approved a law regulating the issuance of digital assets, opening up the possibility of issuing government-backed Bitcoin (CRYPTO: BTC) bonds.  What Happened: This legal framework, championed by President Nayib Bukele, will enable El...

Bitcoin (CRYPTO: BTC) experienced a tumultuous 2022, with price crashes and crypto collapses making headlines. Yet, this was also a year of immense progress for the world's largest cryptocurrency. What Happened: The Bitcoin Lightning Network, a critical scaling protocol enabling near-instant,...

When cryptocurrencies first started gaining the attention of mainstream investors in early 2017, a number of crypto pundits were quick to claim that they could act as an effective hedge against inflation. Citing the limited token supply of cryptocurrencies like Bitcoin (CRYPTO: BTC) as the chief...

Sam Bankman-Fried may have disappointed his audience once more by being arrested shortly before he was scheduled to virtually appear before the U.S. Congress to discuss the FTX (CRYPTO: FTT) collapse. Ben McKenzie Schenkkan, actor and producer best known for his roles in “The OC” and...

Leading cryptocurrency Bitcoin (CRYPTO: BTC) has been hit hard in 2022 like many other cryptocurrencies. Here’s a look at how much Bitcoin would be worth now if it was purchased five years ago. What Happened: In October 2008, a whitepaper entitled “Bitcoin: A Peer-to-Peer Electronic...

El Salvador President Nayib Bukele and Tron cryptocurrency founder Justin Sun plan to accumulate one Bitcoin (CRYPTO: BTC) every day, notwithstanding the possibility of a prolonged crypto winter. “We are buying one #Bitcoin every day starting tomorrow,” Bukele tweeted. Sun, who is also...

Nayib Bukele, the president of El Salvador, on Twitter announced buying one Bitcoin (CRYPTO: BTC) each day starting Nov.18. This comes at a time when FTX (CRYPTO: FTT) collapsed fanning fears about the future of the cryptocurrency industry. What Happened: Bukele is a staunch supporter of...

Leading cryptocurrency Bitcoin (CRYPTO: BTC) had a breakout year in 2021, hitting all-time highs. Recent events have sent the entire cryptocurrency market down. Here’s a look at how an investment one year ago would be doing now. What Happened: Bitcoin and other cryptocurrencies enjoyed a...

Prominent economist Nouriel Roubini has said Nayib Bukele, the President of El Salvador, has bankrupted his country despite better advice from the International Monetary Fund and other organizations and that he should be in jail for the rest of his life. “El...

Most people in El Salvador are not fans of Bitcoin (CRYPTO: BTC). According to a survey conducted by José Simeón Caas Central American University in El Salvador, about 77.1% of respondents consider Bitcoin adoption 14 months ago as legal tender, alongside the dollar, "to...

By Tereza Bízková On January 1, Nayib Bukele, the president of El Salvador, shared his predictions on Bitcoin (CRYPTO: BTC) for the year. Will reach $100k, Bitcoin City will commence construction, and Volcano bonds will be oversubscribed were some of the points shared in his...

In June 2021, El Salvador became the first country to make cryptocurrency Bitcoin (CRYPTO: BTC) legal tender. The move was supported by the country’s President Nayib Bukele, a vocal Bitcoin bull. Here’s the latest on Bukele and the performance of Bitcoin since the landmark event. What...

El Salvador’s President Nayib Bukele announced today that the nation has acquired an additional 80 Bitcoin (CRYPTO: BTC) at an average price of $19,000 each. What Happened: In a tweet on Thursday, Bukele shared screenshots of a series of incremental BTC purchases on June 30. El Salvador...