Tag: Salvador039s

El Salvador's Bukele Says Value of Country's Bitcoin Holdings Up Over 40%

El Salvador's Bukele Says Value of Country's Bitcoin Holdings Up Over 40%

The country's bonds have also surged to over 80 cents on the dollar. www.coindesk.com [...]
El Salvador's Bonds Surge 62% Amid Bitcoin's ETF-Driven Rally

El Salvador's Bonds Surge 62% Amid Bitcoin's ETF-Driven Rally

El Salvador’s bonds due in 2027 have gained 62% in the last six months as the country finds itself on a better financial footing. www.coindesk.com [...]
El Salvador's President Nayib Bukele and Tron's Justin Sun to Buy One Bitcoin Every Day

El Salvador's President Nayib Bukele and Tron's Justin Sun to Buy One Bitcoin Every Day

Bukele and Sun commit to buy one BTC every day, starting from Thursday amid fears that crypto exchange FTX's recent collapse would prolong the ongoing [...]
El Salvador's Debt Rating Cut to CC at Fitch

El Salvador's Debt Rating Cut to CC at Fitch

Ratings company Fitch downgraded El Salvador's long-term foreign currency issuer default rating (IDR), saying it is likely to default on a bond repaym [...]
El Salvador's Finance Minister Says Bitcoin Adoption is 'Gaining Ground': Report

El Salvador's Finance Minister Says Bitcoin Adoption is 'Gaining Ground': Report

El Salvador's adoption of bitcoin as legal tender is working despite the losses of over 50% the government has incurred on its purchases, according to [...]
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