‘Mixed Picture’ in El Salvador as Bitcoin Becomes Legal Tender
El Salvador became the first country in the world to adopt bitcoin as legal tender on Tuesday, despite widespread local skepticism. Peter McCormack, host of the popular podcast “What Bitcoin Did,” discusses the possible outlook and impact of the Bitcoin Law rollout amid “very mixed” sentiments from Salvadorans.
Why Crypto Markets Are Pulling Back
El Salvador is on a bitcoin buying spree after the cryptocurrency became legal tender in the country on Tuesday, but the crypto markets remain in the red in pullback mode. Michele Schneider, Managing Director at MarketGauge Group, discusses her take on the “flash crash” and the potential factors driving prices lower.
Bitcoin Briefly Drops Below $43K, Wipes Out Past Week's Gains
A new chart of the bitcoin price over the past week reveals the impact of Tuesday's wipeout. Bitcoin tumbled 11.3%, the most since May and plunged as low as $42,900 during the selloff. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Now Legal Tender in El Salvador, Marking World First
In a show of support, crypto proponents are buying $30 worth of bitcoin to commemorate the occasion known colloquially as “Bitcoin Day.”
Bitcoin Tumbles Most Since May and El Salvador Buys the Dip
Price drop triggers about $3 billion of liquidations of trading positions due to margin calls.
BTC Briefly Dropped Below $40K on Huobi Amid Massive Liquidation
More than $3 billion in long positions were liquidated on Tuesday.
Bitcoin Tumbles Most Since May
"The Hash" panel analyzes the crypto markets and outlook as all major cryptocurrencies are in the red. Bitcoin tumbled 11.3%, the most since May, leading a broad retreat from digital assets even as bullish investors touted El Salvador’s adoption Tuesday of the largest cryptocurrency as legal tender. What's going on?
Bitcoin Now Legal Tender in El Salvador, Marking World First
Bitcoin's price fell 11.3% Tuesday as the cryptocurrency officially became legal tender in El Salvador, three months after the Bitcoin Law passed the country’s legislature. President Nayib Bukele tweeted he was “buying the dip” with “150 new coins added." The team of "The Hash" discusses El Salvador leading the world into bitcoin and the implications for the crypto community, global economy and beyond.
El Salvador’s Bold Bet on Bitcoin Could Inspire the World
The standard playbook for building national wealth doesn’t work anymore. Bitcoin provides an alternative.
El Salvador’s Bitcoin Law Is About Self-Determination
Today, bitcoin became legal tender in the Central American nation.
