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El Salvador's 'Volcanic' Bitcoin Bond Approval Sets Stage To Build A Crypto City
Tuesday, December 12, 2023 - 11:45am | 371El Salvador's much-anticipated Bitcoin (CRYPTO: BTC) bond, dubbed the "Volcano Bond," has received regulatory approval, paving the way for its launch in the first quarter of 2024. This move marks a new chapter in the country's embrace of Bitcoin and its integration into the...
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Do You Own $1M In Bitcoin? If Yes, You Can Permanently Move To Crypto Haven El Salvador
Friday, December 8, 2023 - 12:23pm | 484In a groundbreaking initiative, the government of El Salvador unveiled the "Adopting El Salvador Freedom Visa Program," a unique visa scheme aimed at attracting high-net-worth individuals and investors. This program, limited to 1,000 participants annually, offers a path to...
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El Salvador's Bitcoin Success: President Bukele Weighs Next Steps After $3.6 Million Profit
Monday, December 4, 2023 - 1:58pm | 326El Salvador's former President Nayib Bukele on Monday announced that the country's Bitcoin (CRYPTO: BTC) investment has turned profitable and that the country is currently sitting on an unrealized gain of $3.6 million from its Bitcoin investments. A Turnaround In Investment...
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Could Bitcoin Be Involved? El Salvador's Nayib Bukele Joins Forces With Google Cloud
Friday, September 1, 2023 - 6:30am | 616Alphabet Inc's Google (NASDAQ:GOOGL) on Wednesday said it will expand its Cloud operations into the Central American country El Salvador, which stands as the only nation to fully legalize Bitcoin (CRYPTO: BTC) as legal tender. What Happened: The multinational tech behemoth revealed that it has...
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El Salvador's Bitcoin Bet Pays Off As Bonds Skyrocket With 70% Returns
Wednesday, August 16, 2023 - 11:39am | 636El Salvador president Nayib Bukele's embracing of Bitcoin (CRYPTO: BTC) was initially met with skepticism on Wall Street. However, the subsequent bond rally, boasting 70% returns, is now drawing investors who had previously been wary or had avoided the country's securities. These returns...
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Exclusive: Samson Mow Says Bitcoin Could Reach $3M By 2033, Dismisses Dogecoin, Shiba Inu, Pepe Coin As Trivial Distractions — 'If You Want To Gamble Go To A Casino'
Saturday, July 8, 2023 - 8:30am | 692Samson Mow said that Bitcoin (CRYPTO: BTC) could reach a staggering $3 million per coin in the next 10 years, based on an annual growth rate of 60%. What Happened: In a conversation with Benzinga, Bitcoin advocate Mow, emphasized his belief in its uniqueness and the growing institutional demand for...
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Max Keiser Slams PEPE On Twitter 'Take Your S***coins To Dubai'
Wednesday, May 31, 2023 - 2:10pm | 672In the wake of the recent memecoin frenzy that gripped the crypto market just a few weeks ago, Bitcoin (CRYPTO: BTC) maximalist and now an advisor to President Nayib Bukele of El Salvador, Max Keiser, recently lashed out against PEPE (CRYPTO: PEPE) on Twitter, reasserting his strong belief in...
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Bitcoin-Loving Nayib Bukele Reacts As Elon Musk's Starlink Goes Live In El Salvador
Thursday, April 13, 2023 - 2:31am | 408El Salvador President Nayib Bukele appeared to respond eagerly to Starlink‘s arrival in his country. SpaceX’s satellite internet is now available in more than 50 countries across the globe. What Happened: Elon Musk-led SpaceX’s Starlink is now available in El Salvador in Central...
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El Salvador's Bukele Says Waiting For Fitch Downgrade After Gifting Bitcoin-Themed Birthday Cake
Wednesday, January 25, 2023 - 7:22am | 508El Salvador President Nayib Bukele wished filmmaker Max Keiser by gifting him a special Bitcoin (CRYPTO: BTC) birthday cake. What Happened: Bukele on Tuesday tagged financial rating agency Fitch on Twitter and asked them to downgrade the rating of El Salvador as it purchased a Bitcoin cake for...
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Bitcoin-Loving Bukele Thumbs Nose At Media As El Salvador Pays Off $800M Debt: 'They Lie And Lie..'
Tuesday, January 24, 2023 - 1:45am | 525El 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)...
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Bitcoin Bonds Coming Soon? El Salvador Marks Another Crypto First With Historic Law
Wednesday, January 11, 2023 - 10:25pm | 335The 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...
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El Salvador President Nayib Bukele, Tron's Justin Sun To Buy 1 Bitcoin A Day
Thursday, November 17, 2022 - 11:53am | 556El 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...
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Bitcoin Price To See Relief? El Salvador's Bukele Promises To Buy 1 BTC Every Day
Thursday, November 17, 2022 - 2:42am | 396Nayib 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...
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'Dr. Doom' Nouriel Roubini Says El Salvador Doesn't Need Bitcoin In FTX To Be Bankrupt: Bukele, Bankman-Fried 'Can Share A Crappy Jail Cell'
Thursday, November 10, 2022 - 11:14pm | 660Prominent 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...
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'Dear, Government: No More Bitcoin!' Crypto Was A Failure In This Nation, Survey Says
Thursday, October 20, 2022 - 5:05pm | 495Most 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...