El Salvador
Vitalik Buterin
Blockchain News
Vitalik Buterin
Blockchain News

Vitalik Buterin Criticizes El Salvador President and Bitcoin Maximalist, Here’s Why

Vitalik Buterin, the co-founder of Ethereum has lashed out at the El Salvador government over their Bitcoin adoption. Buterin’s comments came during his interaction on Reddit where he targeted Bitcoin maximalists and said it’s very easy to impress them as all you need to do is praise BTC and they would be heels overhead.  Buterin’s

Vitalik Buterin, the co-founder of Ethereum has lashed out at the El Salvador government over their Bitcoin adoption. Buterin’s comments came during his interaction on Reddit where he targeted Bitcoin maximalists and said it’s very easy to impress them as all you need to do is praise BTC and they would be heels overhead.  Buterin’s

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

This Island Country Hopes to Follow El Salvador’s Bitcoin Adoption

El Salvador created history after making Bitcoin ($BTC) a legal tender in the country along with the US Dollar. More importantly, it created a domino effect among other small financially challenged nations to look at Bitcoin as a viable alternative to avoid growing inflation and financial crisis. A small island nation Tonga, a Polynesian country

El Salvador created history after making Bitcoin ($BTC) a legal tender in the country along with the US Dollar. More importantly, it created a domino effect among other small financially challenged nations to look at Bitcoin as a viable alternative to avoid growing inflation and financial crisis. A small island nation Tonga, a Polynesian country

El Salavador
Bitcoin News
El Salavador
Bitcoin News

Breaking: El Salvador Starts Bitcoin Mining Using Volcanic Energy

El Salvador President Nayib Bukele revealed that the country has started Bitcoin mining using volcanic energy.  President Bukele said that the testing and installation process is still going on, but the country has officially started mining Bitcoin. We’re still testing and installing, but this is officially the first #Bitcoin mining from the #volcanode 🌋 —

El Salvador President Nayib Bukele revealed that the country has started Bitcoin mining using volcanic energy.  President Bukele said that the testing and installation process is still going on, but the country has officially started mining Bitcoin. We’re still testing and installing, but this is officially the first #Bitcoin mining from the #volcanode 🌋 —

El Salavador
Bitcoin News
El Salavador
Bitcoin News

El Salvador’s Bitcoin Adoption is “Overplayed,” says Fidelity Investment Analyst

El Salvador created history earlier this month as Bitcoin became a legal tender in the country. Many crypto proponents called it historic and believe it would create a domino effect on other small financially challenged nations to adopt Bitcoin. However, Jurrien Timmer, a Fidelity Investment analyst believes the significance of El Salvador’s adoption is overplayed.

El Salvador created history earlier this month as Bitcoin became a legal tender in the country. Many crypto proponents called it historic and believe it would create a domino effect on other small financially challenged nations to adopt Bitcoin. However, Jurrien Timmer, a Fidelity Investment analyst believes the significance of El Salvador’s adoption is overplayed.

El Salvador
Bitcoin News
El Salvador
Bitcoin News

El Salvador Buys the Bitcoin Dip Again, Here’s How Much They Bought

Bitcoin price took a 5% plunge falling from a daily high of $48,234 to a daily low of $45,394 leading to hundreds of millions in liquidation. The price decline for the top cryptocurrency came in as buying opportunity for El Salvador, the first country to make BTC a legal tender. President Nayib Bukele took to

Bitcoin price took a 5% plunge falling from a daily high of $48,234 to a daily low of $45,394 leading to hundreds of millions in liquidation. The price decline for the top cryptocurrency came in as buying opportunity for El Salvador, the first country to make BTC a legal tender. President Nayib Bukele took to

Bitcoin News
Bitcoin News

Bitcoin Attains its 700,000th Block: Milestones, Criticisms and Future Prospects

The Bitcoin Blockchain has produced its 700,000th block, after more than 12 years in existence.  Happy 700000th block, #bitcoin! https://t.co/24mpVKXK8e — Pieter Wuille (@pwuille) September 11, 2021 According to data from Blockchain.com, the historic block height was recorded by an unknown miner, atop about 1,276 transactions within the block. The milestone is a function of

The Bitcoin Blockchain has produced its 700,000th block, after more than 12 years in existence.  Happy 700000th block, #bitcoin! https://t.co/24mpVKXK8e — Pieter Wuille (@pwuille) September 11, 2021 According to data from Blockchain.com, the historic block height was recorded by an unknown miner, atop about 1,276 transactions within the block. The milestone is a function of

El Salavador
Bitcoin News
El Salavador
Bitcoin News

El Salvador’s Bitcoin ($BTC) Adoption Could Cost Western Union Millions, Here’s Why

El Salvador created history in June after the country’s congress passed the Bitcoin Bill making it a legal tender in the country. The country celebrated Bitcoin Day on September 7 as BTC was officially integrated into the country’s monetary system. President Bukele said that the decision to shift to Bitcoin was done to offer banking

El Salvador created history in June after the country’s congress passed the Bitcoin Bill making it a legal tender in the country. The country celebrated Bitcoin Day on September 7 as BTC was officially integrated into the country’s monetary system. President Bukele said that the decision to shift to Bitcoin was done to offer banking

El Salavador
Bitcoin News
El Salavador
Bitcoin News

El Salvador President Sees Opportunity Amid Market Crash, Adds 150 BTC Units

Today marks a historic day in the digital currency world as a sovereign country, El Salvador officially launched Bitcoin (BTC) as its legal tender, second only to the United States Dollar. The build-up to the event had a massive effect on the price of Bitcoin which soared to a weekly high of $52,853.76. Amongst all

Today marks a historic day in the digital currency world as a sovereign country, El Salvador officially launched Bitcoin (BTC) as its legal tender, second only to the United States Dollar. The build-up to the event had a massive effect on the price of Bitcoin which soared to a weekly high of $52,853.76. Amongst all

El Salavador
Bitcoin News
El Salavador
Bitcoin News

El Salvador Creates History by Integrating Bitcoin as Legal Tender, Buys $21 Million in BTC

El Salvador, the Central American nation created history again today after it finally integrated Bitcoin ($BTC) as legal tender in the country. The country has passed a Bitcoin law back in June and despite criticism and protest within the country, the small Latin American State has gone ahead with its plan. Nayib Bukele, the President

El Salvador, the Central American nation created history again today after it finally integrated Bitcoin ($BTC) as legal tender in the country. The country has passed a Bitcoin law back in June and despite criticism and protest within the country, the small Latin American State has gone ahead with its plan. Nayib Bukele, the President

No Picture
Bitcoin News
No Picture
Bitcoin News

El Salvador Passes $150 Million Bitcoin Trust, Here’s How It Will be Used

El Salvador, the small Central American nation is just a week away from bringing the Bitcoin Law into effect. However, the nation’s legislative assembly has approved a new Bitcoin Trust worth $150 million. The bill was passed on August 31 with 64 votes in favor and 14 against it. The main purpose of the Trust

El Salvador, the small Central American nation is just a week away from bringing the Bitcoin Law into effect. However, the nation’s legislative assembly has approved a new Bitcoin Trust worth $150 million. The bill was passed on August 31 with 64 votes in favor and 14 against it. The main purpose of the Trust

El Salavador
Bitcoin News
El Salavador
Bitcoin News

El Salvador Sets Up 200 ATMS and 50 Kiosks for Exchanging Bitcoin (BTC)

It’s just a matter of a few days and Bitcoin will become a legal tender in the Latin American country of El Salvador. The preparations for the same are currently on track. The pro-Bitcoin El Salvador President Nayib Bukele announced that his country will open 200 Bitcoin ATMs and 50 Bitcoin Kiosks by September 7.

It’s just a matter of a few days and Bitcoin will become a legal tender in the Latin American country of El Salvador. The preparations for the same are currently on track. The pro-Bitcoin El Salvador President Nayib Bukele announced that his country will open 200 Bitcoin ATMs and 50 Bitcoin Kiosks by September 7.

El Salvador
Bitcoin News
El Salvador
Bitcoin News

El Salvador President Snaps Back at Economist’s “Crackpot BTC Law” Comments

El Salvador, the small Central American Nation is all set to bring Bitcoin Law into effect from September 7. The Latin American country created history on June 9 after Congress approved Bitcoin as a legal tender. The bold decision was met with criticism from the likes of IMF, World Bank, and several other rating agencies.

El Salvador, the small Central American Nation is all set to bring Bitcoin Law into effect from September 7. The Latin American country created history on June 9 after Congress approved Bitcoin as a legal tender. The bold decision was met with criticism from the likes of IMF, World Bank, and several other rating agencies.

El Salvador
Bitcoin News
El Salvador
Bitcoin News

Breaking: El Salvador Releases First Regulatory Draft For Banks Under Bitcoin Law

El Salvador created history on June 9 this year after passing a bill to make Bitcoin a legal tender. The small Central American nation has now released the first regulatory draft for banks under the Bitcoin law that is set to come into force from September 7. Banco Central de Reserva (BCR), the Central Bank

El Salvador created history on June 9 this year after passing a bill to make Bitcoin a legal tender. The small Central American nation has now released the first regulatory draft for banks under the Bitcoin law that is set to come into force from September 7. Banco Central de Reserva (BCR), the Central Bank

Bitcoin News
Bitcoin News

Argentina to Join El Salvador’s Bitcoin League? Here’s what Argentinian President Said About BTC

El Salvador’s Bitcoin adoption triggered a long list of speculations about other nations joining the frenzy. Lawmakers from different Central American nations have also used it as bait to draw attention such as Paraguay. However, El Salvador’s push certainly made many countries think about making Bitcoin a legal tender, especially those struggling with a financial crisis

El Salvador’s Bitcoin adoption triggered a long list of speculations about other nations joining the frenzy. Lawmakers from different Central American nations have also used it as bait to draw attention such as Paraguay. However, El Salvador’s push certainly made many countries think about making Bitcoin a legal tender, especially those struggling with a financial crisis

Bitcoin News
Bitcoin News

Moody’s downgrades El Salvador’s long-term foreign currency issuer rating, and it has a Bitcoin connection

Moody’s, a popular financial credit rating business has downgraded El Salvador’s long-term foreign-currency issuer and senior unsecured ratings to Caa1 from B3. The rating group also lowered El Salvador’s foreign-currency country ceiling to B2 from B1. It said the current outlook remains negative towards the small Central American nation. Moody’s cited two key reasons for

Moody’s, a popular financial credit rating business has downgraded El Salvador’s long-term foreign-currency issuer and senior unsecured ratings to Caa1 from B3. The rating group also lowered El Salvador’s foreign-currency country ceiling to B2 from B1. It said the current outlook remains negative towards the small Central American nation. Moody’s cited two key reasons for

El Salvador
Bitcoin News
El Salvador
Bitcoin News

Did El Salvador Just Represent Bitcoin (BTC) at Tokyo Olympics?

Tokyo Olympics 2020 officially started on 23rd July amid Covid restrictions and after year-long delays. The key event began with a dazzling opening ceremony with 206 participating nations joining the celebrations with a parade of athletes. A South Korean broadcaster used an image to represent each country and for El Salvador, they used Bitcoin’s image.

Tokyo Olympics 2020 officially started on 23rd July amid Covid restrictions and after year-long delays. The key event began with a dazzling opening ceremony with 206 participating nations joining the celebrations with a parade of athletes. A South Korean broadcaster used an image to represent each country and for El Salvador, they used Bitcoin’s image.

Bitcoin News
Bitcoin News

This Country Could Make Bitcoin a Legal Tender After El Salvador

El Salvador, the small Latin American state created history in June after it became the first country to pass Bitcoin as a legal tender. The Bitcoin Bill was passed by the country’s congress with a resounding majority and the President assured the decision was no gimmick. Now El Salvador could be joined by another Latin

El Salvador, the small Latin American state created history in June after it became the first country to pass Bitcoin as a legal tender. The Bitcoin Bill was passed by the country’s congress with a resounding majority and the President assured the decision was no gimmick. Now El Salvador could be joined by another Latin

El Salvador
Bitcoin News
El Salvador
Bitcoin News

UN’s ECLAC not in favor of El Salvador’s Bitcoin (BTC) Legal Tender

UN’s regional commission, the Economic Commission for Latin America and the Caribbean (ECLAC) has shown apprehension on El Salvador’s Bitcoin incorporation as a Legal Tender. With this ECLAC has joined the long line of organizations that have shown discomfort with making the use of decentralized currency legal in daily routine by El Salvador. Alicia Bárcena

UN’s regional commission, the Economic Commission for Latin America and the Caribbean (ECLAC) has shown apprehension on El Salvador’s Bitcoin incorporation as a Legal Tender. With this ECLAC has joined the long line of organizations that have shown discomfort with making the use of decentralized currency legal in daily routine by El Salvador. Alicia Bárcena

Altcoin News
Altcoin News

Overnight Crypto Update: German Law Allows For $415B Crypto Inflow| Huobi Impose OTC Restrictions| BTC & ETH Miner Revenue Decline| El Salvador’s IMF Funding Request on Shaky Grounds

The crypto universe has its fair share of bullish and bearish news today right from Germany’s new law that would allow institutions to allocate 20% of their funds in crypto to the continuous miner revenue decline. El Salvador was back into the discussion again while all eyes are set on India’s upcoming monsoon session. Let’s

The crypto universe has its fair share of bullish and bearish news today right from Germany’s new law that would allow institutions to allocate 20% of their funds in crypto to the continuous miner revenue decline. El Salvador was back into the discussion again while all eyes are set on India’s upcoming monsoon session. Let’s

El Salvador
Bitcoin News
El Salvador
Bitcoin News

El Salvador’s $1 Billion Financing Plans From IMF On Hinges Amid Bitcoin Adoption

The recent adoption of Bitcoin as a legal tender by the Latin American nation El Salvador has not gone well with global financial agencies like the IMF. Now, as the Latin American nation struggles to navigate through the economic downturn caused by the COVID-19 pandemic, its $1 billion financing plan from the International Monetary Fund

The recent adoption of Bitcoin as a legal tender by the Latin American nation El Salvador has not gone well with global financial agencies like the IMF. Now, as the Latin American nation struggles to navigate through the economic downturn caused by the COVID-19 pandemic, its $1 billion financing plan from the International Monetary Fund