Sat, November 16

El Salvador Vaults $400 Million in Bitcoin: A Landmark Move?

The Central American nation of El Salvador, led by President Nayib Bukele, has ramped up its cryptocurrency reserves by transferring a staggering $400 million worth of Bitcoin (BTC) into a cold wallet. This significant maneuver, described by Bukele as “a big chunk,” marks a notable milestone in the country’s ongoing

March 16, 2024 2 mins read

Nayib Bukele Reelected in El Salvador. Win For Bitcoin?

President Nayib Bukele of El Salvador appears set to continue his presidency for another five-year term, with exit polls indicating an overwhelming lead shortly after voting concluded on Sunday. The outcome was widely anticipated, given Bukele’s substantial popularity and a significant lead in pre-election polls. “According to our numbers, we

February 5, 2024 2 mins read

El Salvador Purchases Bitcoin for Lower Price, Strengthening Bond

The latest purchase of the BTC is for the 80 counts increasing the total to 2301 BTC. The BTC hodl in El Salvador is estimated to be above $46 million. El Salvador made yet another BTC purchase on June 30, which was officially declared by the president of the nation,

July 1, 2022 2 mins read