Based on Bukele’s social media posts, El Salvador has purchased 2,381 bitcoins — not counting the one bitcoin every day he announced earlier this month. Beyond that, there is no official or public record of how much El Salvador has spent so far.

After listening to Moss outlining the problems at FTX and numerous fraudulent actions allegedly conducted by its former CEO Sam Bankman-Fried (SBF), the author of Rich Dad Poor Dad, Robert Kiyosaki, emphasized:

This year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum, has dropped a great deal. Last January the number of wrapped bitcoin (WBTC) issued on the Ethereum blockchain was around 266,880 WBTC and since then, the number has dropped by more than 15% down to 225,962 WBTC. Similarly, the quantity of tokenized bitcoins minted on the Binance Smart Chain (BSC) dropped quite a bit over the last 11 months as well.

Recently, crypto analyst <a href="https://www.linkedin.com/in/william-clemente-iii-81b0361a4/">William Clemente III</a>, Co-Founder of boutique digital asset research firm <a href="https://www.reflexivityresearch.com/">Reflexivity Research</a>, explained why COLDCARD, which is made by Canadian firm Coinkite Inc., is his favorite Bitcoin hardware wallet.

Despite a dismal performance in 2022, leading Wall Street strategist Thomas Lee, who is also the co-founder of Fundstrat Global Advisors, is of the opinion that cryptocurrency will eventually make a comeback. Lee also noted that he would be sticking to his Bitcoin price prediction of $200K even if the current market is negative.

While the initial idea of Bitcoin and DeFi was sovereign asset management, the reality of the vast majority of token holders today is far from sovereign.

Bitwise, a leading cryptocurrency asset manager, has resubmitted paperwork to begin trading a Bitcoin futures exchange-traded fund (ETF). By way of a Cayman Islands-incorporated wholly-owned subsidiary, the proposed fund would make solely Bitcoin futures contract investments, according to a Securities and Exchange Commission (SEC) filing on Nov.23.

A large amount of cryptocurrency kept in a wallet associated with crypto exchange Wex, successor of the infamous trading platform run by alleged money launderer Alexander Vinnik, has moved for the first time since 2017. The 10,000 bitcoins in question, worth over $165 million, have been transferred to new addresses in several transactions.

Among the functions of the entity are to conceptualize and provide information related to Bitcoin, Blockchain and cryptocurrencies in El Salvador, "to the media and any interested person".

A total of 100,000 Bitcoin (<a href="https://cryptoslate.com/coins/bitcoin/">BTC</a>) were withdrawn from <a href="https://cryptoslate.com/companies/coinbase/">Coinbase</a> in the past two days, marking the third-largest BTC withdrawal in Coinbase’s history.