Bitcoin


Finance

El Salvador's Debt Rating Cut to CC by Fitch

The rating agency said the country is likely to default on a January debt repayment because it has limited market access to raise the funds needed, in part because of its bitcoin adoption.

Nayib Bukele, president of El Salvador (Ulises Rodriguez/APHOTOGRAFIA/Getty Images).

Markets

First Mover Asia: Ether Tumbles Below $1.5K; Ethereum Merge May Ding Demand for Chips, but Semiconductor Stocks Could Still Be a Good Buy

Chip manufacturing giants Nvidia and AMD have struggled this year, and the Merge could lessen demand for chips. But analysts see opportunities for investors in the semiconductor space.

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Markets

Market Wrap: Markets Trade Lower Despite Success of Ethereum Merge

Ether was down more than 9% at one point as traders decided to “sell the fact” following a nearly seamless Ethereum Merge.

The Merge was successful, but ETH fell 9%. (Deepak Maurya/Unsplash)

Videos

Bitcoin Outlook After Ethereum’s Historic Upgrade

CoinDesk Managing Editor of Technology Christie Harkin and Tech Reporter Sam Kessler discuss the road ahead for bitcoin (BTC) after Ethereum successfully shifted from proof-of-work to proof-of-stake. Plus, insights into the debate around ether (ETH) and bitcoin’s environmental impacts.

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1 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 already showing meaningful payoffs.

A demonstrator holds an effigy of President Nayib Bukele next to a sign against the approved Bitcoin Law during a protest against the government on Oct. 17, 2021, in San Salvador, El Salvador. (Emerson Flores/APHOTOGRAFIA/Getty Images)

Videos

SEC Chair Gensler on Securities Definition, Working With the CFTC

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler explains why different regulatory entities need to have an overarching definition of a security and collaboration with the CFTC if bitcoin is considered to be a commodity.

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Policy

Environmental Groups to Spend Another $1M on Ads for Bitcoin Code Change After the Merge

The "Change the Code, Not the Climate" campaign is upping its efforts following Ethereum's switch to proof of stake.

(Anne Nygard/Unsplash)

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