News
Stablecoin firm Tether said it will direct its Bitcoin hash rate to OCEAN’s mining pool as part of its mission to make Bitcoin block building more decentralized.
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Latest El Salvador News
El Salvador is a small Central American country bordered by Honduras, Guatemala and the Pacific Ocean. In September 2021, El Salvador made a significant move in the crypto world when it became the first country to make Bitcoin legal tender.
This innovative move aligns with plans to utilize geothermal energy for cryptocurrency mining, issue “Volcano Bonds” to fund Bitcoin infrastructure and construct a “Bitcoin City” at the base of a volcano.
Despite facing international scrutiny and domestic concerns, El Salvador’s efforts position it as an emerging hub for blockchain technology through its cryptocurrency ventures.
- News
Despite leading pro-Bitcoin administrations, Trump and Bukele left crypto off the table during an April 14 White House meeting.
2485 - Analysis
Some Bitcoin advocates say that the cryptocurrency has gotten away from its roots as a payment instrument and has become more akin to digital gold.
3626 - News
US President Donald Trump’s official memecoin rallied 12% after he called it “the greatest of all time” and another lucky solo miner has solved a Bitcoin block, netting a massive reward.
22280 - News
El Salvador’s Bitcoin Office touted the CUBO AI program as the only public education initiative that leverages top-tier industry experts.
5725 - News
President Nayib Bukele shows no sign of abandoning the BTC treasury strategy as Bitcoin continues to gain international legitimacy.
21576 - Analysis
El Salvador appeared to contradict a recent agreement with the IMF to cease public investment in Bitcoin.
3411 - Spotlight
As El Salvador struggles with Bitcoin adoption, Kyrgyzstan embraces a gold-backed stablecoin and organized blockchain strategy.
20385 - News
El Salvador President Nayib Bukele says the country will keep buying at least one Bitcoin a day, despite pressure from the International Monetary Fund.
5102 - News
The IMF has issued new requests under its $1.4 billion deal with El Salvador, aiming to restrict BTC purchases by the public sector.
27498 - News
Bitcoin-stacking Metaplanet bought at $96,185, while El Salvador bought at around $94,050 per Bitcoin.
18172 - Markets News
El Salvador aims to become LATAM’s crypto Silicon Valley, but these aspirations hinge on better relations with US banks.
7188 - News
The vague language of El Salvador’s $1.4 billion deal with the IMF may imply that it might stop buying Bitcoin at some point, according to Samson Mow.
6395 - News
El Salvador’s total Bitcoin stockpile has grown again and now stands at 6,068 Bitcoin, currently worth over $554 million.
19162 - Opinion
The revolution is dead in El Salvador. It's a lesson for developing nations who aim to seek out economic autonomy by making crypto legal tender.
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