Salvadors
El Salvador’s President Nayib Bukele Has Purchased 80 Bitcoins At $19,000 Each
Bitcoin
July 1, 2022
El Salvador’s President Nayib Bukele Has Purchased 80 Bitcoins At $19,000 Each
El Salvador has recently purchased 80 Bitcoins. Nayib Bukele tweeted his support towards Bitcoin during its bear run,adding that Bitcoin…
El Salvador’s Bitcoin Bet Down 50%, Here’s What The FinMin Thinks
Bitcoin
June 15, 2022
El Salvador’s Bitcoin Bet Down 50%, Here’s What The FinMin Thinks
El Salvador, the first country to nationally adopt Bitcoin, faces a loss of about $40 million on its investments in…
The Value of El Salvador’s Bitcoin Holdings Drops by $40B Due to the Ongoing Crypto Market Pullback
Bitcoin
May 14, 2022
The Value of El Salvador’s Bitcoin Holdings Drops by $40B Due to the Ongoing Crypto Market Pullback
Summary: El Salvador’s Bitcoin holdings have lost value by roughly $40 million This amount is almost equal to El Salvador’s…
El Salvador’s President Meets Binance CEO to Discuss Bitcoin Adoption
Bitcoin
March 25, 2022
El Salvador’s President Meets Binance CEO to Discuss Bitcoin Adoption
Quick take: President Nayib Bukele met with Binance CEO, Changpeng Zhao Bitcoin was a key topic at the meeting The…
El Salvador’s 10-Year Bitcoin (BTC) Bonds Coming This Week, Here’s What At Risk
Bitcoin
March 14, 2022
El Salvador’s 10-Year Bitcoin (BTC) Bonds Coming This Week, Here’s What At Risk
The wait for El Salvador’s Bitcoin Bonds is likely to end this week! As per the latest report from Financial…
El Salvador’s Bitcoin Bond Could Go Live Between March 15-20
Bitcoin
March 12, 2022
El Salvador’s Bitcoin Bond Could Go Live Between March 15-20
Quick take: El Salvador could launch its Bitcoin bond between March 15th and 20th The choice of dates stands out…
Fitch Ratings Downgrades El Salvador’s Long-Term IDR to ‘CCC’ from ‘B’
Bitcoin
February 10, 2022
Fitch Ratings Downgrades El Salvador’s Long-Term IDR to ‘CCC’ from ‘B’
Fitch Ratings, one of the big three credit ratings agencies, has downgraded El Salvador’s long-term issuer default rating (IDR). Fitch…
El Salvador’s Bitcoin Fortune Nosedives with At Least $11M Loss: Bloomberg Analysts
Blockchain
January 20, 2022
El Salvador’s Bitcoin Fortune Nosedives with At Least $11M Loss: Bloomberg Analysts
The crypto market has been limping based on massive liquidations, affecting retail and institutional investors. El Salvador has also been…
Moody’s Confirms El Salvador’s Ratings Unchanged After President Bukele’s Reactive Tweet
Bitcoin
January 19, 2022
Moody’s Confirms El Salvador’s Ratings Unchanged After President Bukele’s Reactive Tweet
El Salvador President Nayib Bukele took on Twitter on Sunday, January 17, responding to a warning from rating agency Moody’s.…
El Salvador’s BTC Sees An Erosion Of Values Worth $12 Million In Public Funds
Bitcoin
January 14, 2022
El Salvador’s BTC Sees An Erosion Of Values Worth $12 Million In Public Funds
El Salvador was the first nation that had decreed that Bitcoin was a legal currency. However, the move has not…
