El Salvador’s Bitcoin Strategy Evolved With the Bear Market in 2022
After making Bitcoin legal tender in the country, El Salvador has faced a tough year of critics and the nonstop sinking of Bitcoin pricing.
Australia Surpasses El Salvador To Become the Fourth-Largest Center for Cryptocurrency ATMs
El Salvador was the first nation to make Bitcoin legal. It has dropped even another position in the ranking of the countries with the most crypto ATM installations, as Australia reports 216 ATMs as the year 2023 begins.
El Salvador Educates Students on Bitcoin, Paving the Road for Further Adoption
El Salvador is taking further steps at pushing Bitcoin mass adoption through educating students. But the country’s portfolio is down by 60%.
2022 Cryptocurrency Recap: What Happened and Lessons Learned
2022 has been a tough year for crypto, but all investors should be looking at this as a turning point in the sector. This year has taught great lessons to both individuals and institutional players.
El Salvador Buys Back Sovereign Bonds To Reduce Debt
The Republic of El Salvador has announced that it has completed the second repurchase of its sovereign bonds maturing in 2023 and 2025.
Will El Salvador’s Gamble on Bitcoin Pay Off in the Crypto Winter
El Salvador has been making headlines recently as rumors swirl that the country may be on the brink of financial insolvency due to heavy losses in Bitcoin.
El Salvador President Lashes Out on Mainstream Media Over Bitcoin Attacks
El Salvador became the first country in the world to adopt Bitcoin as a legal tender. Fast forward to this year, the crisis worsened in the already battered crypto industry. But President Nayib Bukele plans on doubling down further.
El Salvador President Disses Bloomberg Over Bitcoin Experiment Criticisms
El Salvador President Nayib Bukele called a Bloomberg report on its bitcoin experiment “full of lies.” The crypto community largely seems to agree with him.
El Salvador Launches a National Bitcoin Office (ONBTC)
El Salvador’s government doubled down on its crypto initiatives by creating a National Bitcoin Office (ONBTC) that will oversee all local projects related to the asset.
How Much Bitcoin Does El Salvador Have? Good Luck Getting an Answer
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.
