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Bukele's Big House: El Salvador Offers US A Prison Deal Like No Other, Musk Says 'Great Idea'
Tuesday, February 4, 2025 - 7:54pm | 716El Salvador's President Nayib Bukele says he will incarcerate convicted criminals from the U.S. in his country, a macabre offer that is being praised as an "unprecedented" by U.S. Secretary of State Marco Rubio. Bukele made the proposal while hosting Rubio at his residence near San Salvador on...
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El Salvador Goes Bigger on Bitcoin: Daily Purchase Jumps 10x Amid Market Slump
Tuesday, February 4, 2025 - 4:36am | 469El Salvador cashed in on the market slump Monday to add 11 Bitcoins (CRYPTO: BTC), worth over $1 million, to its strategic reserve. What happened: The Central American nation increased its daily purchases to 11, which is 10 more than the one Bitcoin per day policy, according to its treasury...
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El Salvador Changes Bitcoin Law But Legal Tender Status Remains
Thursday, January 30, 2025 - 9:44am | 458El Salvador's Congress passed a legislative amendment on Wednesday to alter the country's Bitcoin (CRYPTO: BTC) policy, making its acceptance voluntary rather than mandatory. What Happened: The move, introduced by President Nayib Bukele, was approved as part of efforts to meet conditions set by the...
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El Salvador's Nayib Bukele Says 'Maybe We'll All Get The Chance To Buy Bitcoin At A Discount' After DOJ Clears Sale Of Over 69K BTC
Thursday, January 9, 2025 - 6:17am | 522Nayib Bukele, President of El Salvador, suggested that Bitcoin (CRYPTO: BTC) might soon be available at a reduced price. What Happened: Bukele’s comment came after a federal judge allowed the U.S. government to sell 69,370 Bitcoins, valued at $6.5 billion, seized from the Silk Road case...
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Happy Birthday Bitcoin: 16 Fun Facts About Leading Cryptocurrency
Friday, January 3, 2025 - 12:02pm | 2173While it's only three days into the new year, Jan. 3 marks an important anniversary and a day the cryptocurrency world is celebrating. On this day, 16 years ago, Satoshi Nakamoto mined the genesis block of Bitcoin (CRYPTO: BTC), forever changing the world of cryptocurrency. To celebrate the 16th...
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El Salvador Buys Bitcoin Dip, Scoops $1 Million Worth Of BTC A Day After IMF Urges Scaling Back
Friday, December 20, 2024 - 1:25am | 632El Salvador made full use of the market drop Thursday by buying as many as 11 Bitcoins (CRYPTO: BTC), worth over a million dollars, for its reserve. What happened: According to the National Bitcoin Office, an agency tasked by President Nayib Bukele to oversee all things related to the leading...
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El Salvador Relaxes Bitcoin Rules To Seal $1.3 Billion Loan
Monday, December 9, 2024 - 2:31pm | 603El Salvador is close to finalizing a $1.3 billion loan agreement with the International Monetary Fund (IMF), expected within two to three weeks. The deal is contingent on significant changes to the country's Bitcoin policy and measures to reduce its fiscal deficit, Financial Times reported, quoting...
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'You're Welcome!'—Donald Trump Congratulates Bitcoin's $100,000 Milestone As El Salvador's President Nayib Bukele Takes Victory Lap
Thursday, December 5, 2024 - 10:07am | 541President-elect Donald Trump and El Salvador's President Nayib Bukele took to social media to react to Bitcoin (CRYPTO: BTC) surging past the historic $100,000 mark, reaching a high of $103,679 on Thursday morning. The cryptocurrency is currently trading at $102,200, up 7.7% over the last 24 hours...
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Happy Bitcoin $100K Day: Here's How Nayib Bukele, Brian Armstrong, And Peter Schiff Reacted To The Historic Milestone
Wednesday, December 4, 2024 - 11:56pm | 1102Bitcoin (CRYPTO: BTC), some sixteen years after its inception as a lesser-known decentralized digital money, is now worth over $100,000. Yes, you heard it right! What happened: The world's largest digital asset breached the historic frontier, Wednesday night, after tantalizing the cryptocurrency...
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Pro-Bitcoin Trump Administration Could See El Salvador Emerging As US 'Strategic Partner,' Says VanEck
Tuesday, November 26, 2024 - 12:42am | 663Asset management firm VanEck expressed optimism at El Salvador’s bold Bitcoin (CRYPTO: BTC) bet, terming it as a model of innovation for the emerging world. What Happened: A report penned by Matthew Sigel, VanEck’s Head of Digital Assets Research, took stock of the Central American...
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El Salvador's President Nayib Bukele Says Renting Out Volcanoes To Mine Bitcoin May 'Actually Make Sense'
Monday, November 25, 2024 - 3:45am | 534El Salvador president Nayib Bukele floated the idea of a “rent your volcano to mine Bitcoin (CRYPTO: BTC)” policy in the wake of the country’s successful geothermal-powered mining venture. What Happened: On Sunday, Bukele took to X to share the success of El Salvador’s...
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Cryptocurrencies Rally Following Trump Victory, El Salvador's Bitcoin Bet Pays Off And More: Top Crypto Updates This Week
Sunday, November 10, 2024 - 8:35am | 635The week has been a whirlwind of cryptocurrency news, with El Salvador’s Bitcoin gamble paying off and Standard Chartered predicting a massive surge in the digital assets market. Meanwhile, Detroit is set to become the first major U.S. city to accept cryptocurrency for taxes and other city...
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The American Dream Is Alive … In El Salvador, And It's Safer Than Disneyland, Says Bitcoin Bull Max Keiser
Monday, October 28, 2024 - 11:34pm | 494Prominent Bitcoin (CRYPTO: BTC) bull Max Keiser said that El Salvador under President Nayib Bukele was achieving the ‘American Dream' with the help of the apex cryptocurrency. What happened: During an interview with Fox Business Monday, Keiser, who serves as the senior Bitcoin adviser to the El...
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Nayib Bukele Enjoys World's Most Popular Leader Tag Amid High Praise From Elon Musk At Trump Rally — 'Very Smart Guy' (CORRECTED)
Sunday, October 27, 2024 - 11:51pm | 586Editor’s Note: The headline in this story has been updated El Salvador President Nayib Bukele touted his standing as the most popular world leader, with nearly 90% approval ratings. What Happened: On Sunday, Bukele wrote, “It's nice to be on top,” in response to a post by widely...
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El Salvador's President Nayib Bukele Donates Bitcoin To Support Funding For 1,000 Schools Through Charity Run
Wednesday, October 23, 2024 - 11:39pm | 627El Salvador president Nayib Bukele donated Bitcoin (CRYPTO: BTC) to well-known philanthropist Shin Fujiyama to help raise funds to build schools in the Central American nation of Honduras. What Happened: On Wednesday, Stacy Herbert, Director of El Salvaodor's National Bitcoin Office, shared that...