El Salvador - Bitcoin News Related To El Salvador

El Salvador’s Bitcoin-as-Currency Experiment Ends 2021 on a Low Note

Published on january 2, 2022

Without a fairly sharp jump, bitcoin is going to end the year below the $51,000 level at which El Salvador bought its first 200 BTC, a somber note for the largest cryptocurrency’s turn as an official national currency. But then, El Salvador’s President Nayib Bukele hasn’t had much luck with his experiment. The initial announcement […]

El Salvador President Nayib Bukele Predicts Two More Countries Will Make Bitcoin Legal Tender In 2022

Published on january 1, 2022

President Bukele tweeted his predictions for Bitcoin this upcoming year, including a $100,000 price target.

El Salvador Bitcoin App Should Have Been Audited Long Ago, Claims Ex-Central Bank Chief

Published on december 31, 2021

A former Governor of the central bank of El Salvador has claimed that the state-run Chivo bitcoin (BTC) app would have already been shut down by regulators if it were a private company….
Read More: El Salvador Bitcoin App Should Have Been Audited Long Ago, Claims Ex-Central Bank Chief

El Salvador to Build New National Stadium in Collaboration With China, Bukele Says in ‘Surprise’ New Year’s Eve Tweet

Published on december 30, 2021

Construction will begin next year in the current location of the military school, which will be rebuilt elsewhere with twice its current capacity, the president said.

After Identity Theft, Salvadorans Now Report Funds Disappearing From Chivo Wallets

Published on december 30, 2021

Dozens of Salvadorans say that money has vanished from their wallets. And some report being approached by scam artists when they tried to get help.

Government-Imposed Bitcoin Adoption Is Clashing With Community Efforts On The Ground In El Salvador

Published on december 29, 2021

A recent visit to El Salvador shows that heavy-handed government efforts are clashing with Bitcoin’s self-sovereign and community-focused ethos.

Market Wrap Year-End Review: El Salvador Adopted Bitcoin, Then Bought the Dip

Published on december 29, 2021

In September, El Salvador became the first country in the world to adopt bitcoin (BTC) as legal tender. Bitcoin fans saw the move as a milestone. BTC rose to $50K and then fell to $40K amid China’s credit woes.

Cryptonews Rewind 2021: Q2 – Bitcoin Crash, China’s Crypto Crackdown, El Salvador's BTC Move, Musk vs BTC

Published on december 29, 2021

Here is what happened in the Cryptoworld in the second quarter of this year:
Total crypto market capitalization in Q2
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Learn more:- Crypto News Rewind 2021: Q1 – Rallies, Tesla & MicroStrategy & PayPal Bitcoin Moves, Historic NFT Moments …
Read More: Cryptonews Rewind 2021: Q2 – Bitcoin Crash, China’s Crypto Crackdown, El Salvador’s BTC Move, Musk vs BTC