Tag: Salvador
One Year of Bitcoin in El Salvador: The Bad, The Good and The Ugly
Despite many real stumbles and skeptical mainstream coverage of Nayib Bukele’s Bitcoin initiative, both tourism numbers and remittance usage are alrea [...]
El Salvador lanza dos ofertas de recompra de deuda en medio de la incertidumbre sobre su bono bitcoin
En julio, cuando el presidente de El Salvador, Nayib Bukele, presentó el plan de recompra, la iniciativa fue vista como un intento de contrarrestar la [...]
Dips be damned, El Salvador is stronger because of Bitcoin
Since El Salvador adopted Bitcoin (BTC) as legal tender in September 2021, there have been a number of quick judgments issued declaring this move a fa [...]
El Salvador Launches 2 Debt Repurchase Offers Amid Uncertainty Over Its Bitcoin Bond
In July, when El Salvador’s President Nayib Bukele presented the repurchase plan, it was seen as an attempt to counter speculation about a potential d [...]
El Salvador Bitcoin bond delayed due to security concerns: Tether CTO
El Salvador, the Central American nation that adopted Bitcoin (BTC) as a legal tender in September last year, has delayed the launch of its billion-do [...]
El Salvador retrasa la emisión de los bonos bitcoin, según Paolo Ardoino, CTO de Bitfinex
El presidente de El Salvador, Nayib Bukele, anunció en noviembre pasado por primera vez los planes para recaudar $1000 millones a través de bonos resp [...]
Tourists flock to El Salvador despite Bitcoin bear market
Tourism in El Salvador has soared in the first half of 2022. Up 82.8% just this year, there were 1.1 million visitors to El Salvador this year, accord [...]
El Salvador Introduces 2 Sovereign Debt Repurchase Bills in Effort to Allay Default Concerns
El Salvador is down roughly 54% on its investments in bitcoin, representing a potential loss of $55.8 million, according to CoinDesk data based on Buk [...]
Morgan Stanley encourages investors to buy battered El Salvador Eurobonds
The Bitcoin (BTC) bet has somewhat backfired for the small nation as the top cryptocurrency trade at a 70% discount from its top. At a time when the L [...]
El Salvador compra 80 bitcoins adicionales a $19K cada uno, según el presidente Bukele
Según los datos de CoinDesk basados en los anuncios de Bukele, El Salvador lleva un 55,03% de su apuesta por el bitcoin. Desde septiembre hasta la fec [...]
El Salvador Purchases 80 Additional Bitcoin at $19K, President Bukele Says
The last purchase by the Central American country had been in May.
www.coindesk.com [...]
El Salvador president addresses bear market concerns with Bitcoin hopium
El Salvador introduced BTC as legal tender on September 7, 2021, when its market price was around $50,000. Ever since, Bukele’s government made signif [...]
Con la caída del mercado, El Salvador registra pérdidas por $52 millones en tenencias de bitcoin
El lunes, el ministro de Finanzas de El Salvador, Alejandro Zelaya, dijo que las pérdidas de bitcoin presentaban un riesgo “extremadamente mínimo” par [...]
El Salvador is Down $52M on its Bitcoin Bet After Market Crash
The country’s most recent buy was on May 9, when Bukele stepped in front of bitcoin’s decline then to purchase 500 coins for $15.3 million, or an aver [...]
El Salvador ‘has not had any losses’ due to Bitcoin price dive, finance minister says
Alejandro Zelaya, the minister of finance of El Salvador, reacted to the recent media attacks on the nation’s strategy of investing in Bitcoin (BTC) b [...]