EL SALVADOR
El Salvador’s Digital Bitcoin Wallet Chivo Removes Key Pricing Feature
El Salvador’s digital Bitcoin wallet Chivo removed a pricing feature that allows users to make quick profits on trades, siting efforts to increase the crackdown on speculation involving the world’s biggest cryptocurrency.
Bitcoin Accelerates the Development of Renewable Energy for Bitcoin Mining
The use of volcano power to mine Bitcoin (BTC) in El Salvador was propelling the leading cryptocurrency’s quest to accelerate renewable energy development.
El Salvador Takes First Steps Towards Bitcoin Mining Using Volcanoes
Nayib Bukele, the president of El Salvador, has announced the first steps that the country has taken to enable volcanoes to mine Bitcoin.
El Salvador's Chivo Wallet Welcomes 2.1M Users in 3 Weeks
El Salvador's President Nayib Bukele said as many as 2.1 million users are now actively using the Chivo wallet.
El Salvador Purchases 150 new Bitcoins, Bukele: Buys the dip, Now Holds 700 coins
On Monday, El Salvador President Nayib Bukele announced that the Central American nation bought 150 new Bitcoins from the dip, urging people to buy the dip by giving his "presidential advice".
El Salvador Now Ranks Third in Global Bitcoin ATM Installations
El Salvador now ranks as the third country with the largest number of installed Bitcoin-backed automated teller machines globally.
Anti-Government Protest Outbreak in El Salvador, Bitcoin ATM Burned in its Capital
Over thousand protestors marched in the capital of El Salvador Wednesday, while some Bitcoin ATMs reportedly were destroyed against the adoption of Bitcoin as fiat money.
El Salvador’s Largest Bank Bancoagrícola Starts Offering Bitcoin Services to Customers
Bancoagrícola, the largest bank in El Salvador, has started allowing its customers and merchants to use Bitcoin for payments towards credit cards, loans, and merchant goods and services. The bank has partnered with digital payments gateway Flexa to enable such integration.
Western Union Counts its Losses in Advance as El Salvador Bitcoin Era Begins
Western Union may lose business because of the rise of Bitcoin, as remittance costs are bound to be significantly lower through Bitcoin henceforth.
Bitcoin Funding Flips Negative as BTC Records 10% Daily Loss as Over-Leverage Factor Dominates
The Bitcoin futures perpetual funding rate turned negative after the leading cryptocurrency recorded a 10% daily loss. Analysis suggests over-leverage factor may trigger the recent plunge.
Panama Looks to Legalize Bitcoin and Ethereum in Line with El Salvador
Panama has introduced a crypto bill with the aim to legalize Bitcoin and cryptocurrencies.
McDonald’s Begins Accepting Bitcoin as Payment Method in El Salvador, Starbucks & Pizza Hut Follow
McDonald’s move signals that multiple businesses are going to start accepting Bitcoin payments in El Salvador. Bitcoin is set to continue going mainstream, with El Salvador formally recognizing the crypto as legal tender.
President Nayib Bukele Confirms Purchasing 150 BTC Amid Crypto Market Crash
El Salvador President Nayib Bukele confirmed the country has purchased an additional 150 units of BTC despite the market dip. The nation experienced the volatility of crypto just within a day after adopting BTC as legal tender.
El Salvador Embraces Virtual Currency Era, Nayib Bukele: Just Bought 200 New Bitcoins
Central American nation El Salvador officially adopts Bitcoin as legal tender Tuesday, becoming the first country to embrace Bitcoin as another circulating fiat currency alongside the US dollar.
El Salvador’s Bitcoin adoption Takes Effects Soon, Possibly Boost the BTC’s price, Analysis Predict
The adoption of Bitcoin as legal tender in El Salvador will be effective tomorrow. The market concerns if the new measure would further stimulate the surge of Bitcoin’s price.