A Year On, El Salvador’s Bitcoin Experiment Is Stumbling
El Salvador adopted bitcoin close to $47,000, a year later, it is worth less than halfA year after El Salvador adopted bitcoin as legal tender, the area where the world’s…
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El Salvador adopted bitcoin close to $47,000, a year later, it is worth less than halfA year after El Salvador adopted bitcoin as legal tender, the area where the world’s…
El Salvadors Bitcoin journey hits rough patch amid crytpo winterEl Salvador’s unprecedented adoption of bitcoin seems to have hit a rough patch lately. Bitcoin has fallen nearly 70% since reaching…
El Salvador’s adoption of bitcoin has been beset by public skepticism about the cryptocurrency.San Salvador: El Salvador is seeking support from cryptocurrency exchange Binance for its implementation of bitcoin as…
AlphaPoint co-founders Igor Telyatnikov and Vadim Telyatnikov shared views on cryptocurrency trendsEl Salvador created history on September 7 last year, when it became the first country to adopt Bitcoin as…
El Salvador plans to build world’s first Bitcoin cityEl Salvador plans to build the world’s first “Bitcoin City”, funded initially by bitcoin-backed bonds, President Nayib Bukele said on Saturday, doubling…
El Salvador will invest gains made through cryptocurrency to build a veterinary hospitalEl Salvador will invest some of the $4 million gains it has obtained from its bitcoin operations to…
El Salvador became the first country to adopt bitcoin as legal tender.There are now more than half a million people using El Salvador’s bitcoin wallet, President Nayib Bukele announced.The country…
Experts and regulators have highlighted concerns about the cryptocurrency’s notorious volatilityEl Salvador will exempt foreign investors from taxes on profits on bitcoin speculation in the country, a government adviser said…
Bitcoin fell as low as $43,050 in New York Tuesday, before paring losses.El Salvador’s experiment using Bitcoin had a rocky start as its price crashed on its first day as…