Salvadoran President Nayib Bukele made yet another bullish Bitcoin (BTC) prediction soon after the International Monetary Fund had urged his government to remove Bitcoin’s status as legal tender. Bukele, in a Twitter post on Monday, predicted that Bitcoin will ultimately see a “gigantic price increase” due to its limited supply of only 21 million digital […]

The International Monetary Fund (IMF) has told El Salvador that the costs of implementing the country’s Bitcoin law, which makes the cryptocurrency legal tender, exceed the potential benefits. The IMF has also urged El Salvador to dissolve the “Fidebitcoin” trust fund and start charging fees for services provided by the government’s Chivo digital wallet. IMF’s […]

Globally, cryptocurrency has never been in sharper focus.Following suit from a historic 2021 spanning El Salvador’s Bitcoin adoption to all-time high market prices,...

Understanding El Salvador’s Bitcoin Law and dispelling FUD around Bitcoin adoption.

Key Takeaways El Salvador's Bitcoin investment has been hit hard due to the recent market crash. The country's Bitcoin reserves have suffered a 31% paper...

Salvador Invests $15 Million in Bitcoin During Market Dip | Decentralized Exchanges Slash Trading Fees | SEC Rejects MicroStrategy’s Bitcoin Accounting Adjustment

El Salvador bought the dip as the price of bitcoin plunged to a record low. President Nayib Bukele said Friday that his country has purchased 410 more bitcoins. The Salvadoran government has bought a total of 1,801 bitcoins since the cryptocurrency was made legal tender in the country. El Salvador Buys the Dip The president […]

El Salvador has now bought at least 1,801 bitcoins, based on what we know from President Nayib Bukele's tweets.

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