El Salvador purchased 5 Bitcoin ($415,000) during a price dip to $83,000, bringing their total holdings to 6,100 BTC valued at $510 million The IMF recently approved a $1.4 billion loan to El Salvador ...
El Salvador acquired 5 Bitcoin worth approximately $415,000 on Monday night ET, as the leading digital asset experienced a sharp decline to $83,000, according to Arkham Intelligence data. The Central ...
SAN SALVADOR, March 5 (Reuters) - El Salvador announced on Wednesday the purchase of a bitcoin, which takes the ... dollar bonds were mostly down in price on Wednesday, with the 2050 and 2041 ...
Read more about Cryptonews El Salvador has ... Schlegel argued that Bitcoin’s volatility makes it an unsuitable reserve asset for the country’s central bank. “Our reserves need to be highly liquid so ...
The IMF said bitcoin usage remains marginal in El Salvador, with minimal circulation as a payment method due to its high price volatility and low public trust. The financial sector has no exposure ...
published on Tuesday that the country had purchased “another bitcoin for strategic reserve.” With that purchase, El Salvador “owns” 6,101 bitcoins with a value of 534.7 million dollars, according to ...
Forbes contributors publish independent expert analyses and insights. Javier Bastardo covers Bitcoin and crypto news from the Global South.
El Salvador President Nayib Bukele said his government won’t stop buying Bitcoin despite a new request from the International Monetary Fund to stop. The IMF issued a new request on March 3 for ...
El Salvador’s President Nayib Bukele has stated that the country will continue buying Bitcoin (BTC) despite conditions set by the International Monetary Fund (IMF) in a recent financial agreement. The ...
Forbes contributors publish independent expert analyses and insights. Javier Bastardo covers Bitcoin and crypto news from the Global South.
The El Salvador President posted on Facebook about the closure of the Bitcoin-funded hospital Chivo Pets. Bukele also announced the closure of the Animal Welfare Institute and Polipet. Chivo Pets is ...
The International Monetary Fund (IMF) is looking to restrict Bitcoin purchases by El Salvador as part of an extended $1.4 billion funding arrangement with the country. On March 3, the IMF issued a ...