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El Salvador

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Volcano Bitcoin Mining Gives El Salvador $29 Million Boost

El Salvador taps volcano geothermal energy to mine 474 bitcoins worth $29 million, showcasing renewable Bitcoin mining possibilities.

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First Nation to Buy Bitcoin El Salvador Passes $400 Million in Holdings

El Salvador’s pioneering embrace of Bitcoin as legal tender has paid off, with the country now holding over $400 million worth of Bitcoin.

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Presidential Election Puts El Salvador’s Bitcoin Future At A Crossroads

Nayib Bukele must win re-election to ensure that El Salvador continues to support Bitcoin. His odds are very good, but his support is based on other factors.

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Bitcoin as Legal Tender: El Salvador’s Risky Financial Maneuver Struggles to Pay Off

El Salvador Bitcoin. Source: RawBeautyPixels/Adobe More than two years after implementing Bitcoin (BTC) as legal tender, El Salvador’s big crypto bet is still struggling to bear fruit. That includes the government’s own BTC investments, which still appear to be underwater due to the president’s ill-timed buys. According to the Nayib Bukele Portfolio Tracker website, the […]

The post Bitcoin as Legal Tender: El Salvador’s Risky Financial Maneuver Struggles to Pay Off appeared first on Cryptonews.

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Bitcoin Price Up 120% Since El Salvador Became First Nation to Buy 1 BTC A Day

One year ago today, El Salvador announced an ambitious plan to begin adding 1 Bitcoin per day to its national treasury.

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