El Salvador’s Bitcoin Holdings Cross 6,000 BTC, Valued at $569M
El Salvador has entered an elite club of countries holding more than 6,000 Bitcoin (BTC), positioning itself alongside the United States, China, the UK, Ukraine, and Bhutan. This milestone underscores the nation’s commitment to Bitcoin as a treasury asset under President Nayib Bukele's leadership.
El Salvador Agrees to Voluntary Bitcoin Usage in $1.4B IMF Loan Deal
El Salvador has reached a $1.4 billion loan agreement with the International Monetary Fund (IMF), which includes significant changes to its Bitcoin policies.
El Salvador Considers Bitcoin Policy Revisions to Secure $1.3 Billion IMF Loan
El Salvador, the first nation to adopt Bitcoin as legal tender, is reportedly negotiating changes to its Bitcoin policies in exchange for a $1.3 billion loan from the International Monetary Fund (IMF). According to a Dec. 9 report from the Financial Times, the agreement would require the Salvadoran government to ease the legal mandate for businesses to accept Bitcoin, making its use voluntary rather than compulsory.
El Salvador’s Bitcoin Profits Soar Past $300M as BTC Tops $100K
El Salvador's bold Bitcoin strategy has paid off, with the country’s unrealized gains exceeding $300 million following Bitcoin’s historic surge past $100,000. President Nayib Bukele proudly highlighted the milestone on social media, showcasing the financial impact of the nation’s crypto experiment.
Bhutan and El Salvador Reap Bitcoin Rewards, Germany Misses Out on Billion-Dollar Surge
Two tiny countries, Bhutan and El Salvador, are two of the earliest nation-states to take advantage of Bitcoin’s Number Go Up Technology
SALUD Protocol – Decentralized Health Data
Fabian is the co-founder of Illuminodes, guiding the development of the SALUD Protocol, which aims to give individuals control over their health data. Fabian shares insights on the challenges of managing health data, the collaboration with local hospitals in El Salvador, and the integration of global standards in health data management.
IMF Critical of Bitcoin and El Salvador
The International Monetary Fund (IMF) renewed its calls for El Salvador to scale back its Bitcoin policies
El Salvador to provide Bitcoin training to 80,000 government employees
El Salvador's National Bitcoin Office (ONBTC) is set to provide Bitcoin training and certification to 80,000 government employees.
Nayib Bukele: A Disruptive Force in El Salvador’s Political Landscape – Balancing Popularity and Controversy
After El Salvador's recent presidential election, this article examines the successful re-election of Nayib Bukele, a leader who has transformed the nation and now faces the challenge of sustaining prosperity while upholding the hard-won support of its citizens.
Catalyzing Bitcoin: The Impact of the Lightning Network
The lightning network is a scaling solution built for the Bitcoin blockchain. It operates as a “Layer-2” or “second-layer” on top of Bitcoin. Despite years of development, adoption remains low. Where is Lightning in late 2023?
El Salvador’s Bitcoin Investment Soars: Bukele Reveals $3 Million Profit
As Bitcoin booms, President Nayib Bukele’s bold crypto move now sees El Salvador's Bitcoin holdings back in the black.
IBEX – Taking Bitcoin to the World
IBEX CEO, Jose Lemus talks about Bitcoin’s path to mainstream adoption and his experiences on the ground in El Salvador.
The Bitcoin Bond – El Salvador’s Volcano Bond is here
Paolo Ardoino is CTO at Bitfinex and Tether. Paolo and the team at Bitfinex Securities have worked with Blockstream and Nayib Bukele, President of El Salvador to create the Bitcoin Bond. This is a key component in El Salvador’s Bitcoin strategy.
Bitcoin Volcano bonds – A Crypto Market Sentiment Report
Bitcoin price action is subdued this week with Mt Gox jitters spooking the market. Blockstream has partnered with El Salvador to issue $1B in Volcano Bonds. It’s this week’s crypto market sentiment report.
The Crypto Crash – BTC is legal tender in El Salvador, the President buys the dip
Andy Pickering is here with a weekly crypto market update where we look through the volatile world of crypto Twitter to tease out the most important narratives and data points.
Crypto Market update – Bitcoin is legal tender in El Salvador, Elon warms up…
Andy Pickering is here with a weekly crypto market update where we look through the volatile world of crypto Twitter to tease out the most important narratives and data points of the last week. And what a week it was, Andy looks at El Salvador’s decision to make Bitcoin legal tender, which countries might be next, and is Elon Musk warming back up to Bitcoin?
