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El Salvador
Buterin Calls Mandatory Acceptance of Bitcoin in El Salvador Counter to Crypto’s ‘Ideals of Freedom’
The Ethereum co-founder’s comments appear to refer to an article in El Salvador’s Bitcoin Law, but in reality the requirement for merchants to accept bitcoin is not that clear.
BitGo CEO on Bitcoin: ‘Large Peak, Large Retreat Ahead’
As bitcoin bounces back above $49,000, Mike Belshe, CEO of institutional crypto custody and security firm BitGo, discusses his short-term outlook and long-term price prediction for BTC. “We will probably … see a large peak and then a large retreat,” Belshe said. “It’s a volatile space. Be prepared for it.”
El Salvador Mines First Bitcoin With Volcanic Energy
Almost 22% of the country’s power market is geothermal.
El Salvador Mines First Bitcoin With Volcanic Energy
“The Hash” team reacts to El Salvador President Nayib Bukele, revealing the country has officially mined the first bitcoin using volcanic energy. With almost 22% of the country’s energy supply coming from geothermal sources, could El Salvador provide an answer to the hunt for a reliable, clean energy source to power bitcoin mining?
SEC Chair Gensler Reiterates Support for Futures-Based Bitcoin ETFs
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler reiterated his support Wednesday for a narrow class of bitcoin exchange-traded funds (ETFs) that would invest in futures contracts instead of the crypto itself. CoinDesk's Galen Moore discusses the outlook for the U.S. ETF landscape, suggesting the likelihood of a spot ETF getting approved compared to a bitcoin futures ETF. Plus, his views on El Salvador using volcanic energy for bitcoin mining.
El Salvador’s Bitcoin Volcano Can Be a Model for Cleaner Crypto
The Central American nation is taking its first steps to harness massive natural power sources to mine Bitcoin. The impacts could stretch far beyond the world of crypto.
El Salvador’s President: ‘First Steps’ Being Made to Power Bitcoin Mining With Volcanic Energy
Nayib Bukele tweeted a video showing progress towards an idea he first floated in June.
Interaxis Co-founder: Institutional Adoption of Crypto Is 'Just Not There'
Reacting to SkyBridge Capital founder Anthony Scaramucci saying institutional interest in crypto is weakening, Adam Blumberg, co-founder of financial advisor Interaxis, discusses why "institutional adoption is just not there." He adds most institutions are not ready for bitcoin, its volatility, its custody, or regulators. Plus, his views on the potential impact of China's crypto ban on the crypto markets, digital yuan, El Salvador's Bitcoin Law, and more.
Almost a Third of Salvadorans Are Using the Bitcoin Wallet, Bukele Says
Some 2.1 million people are actively using Chivo, the president said.
El Salvador Pres. Nayib Bukele: Almost a Third of Salvadorans Are Using the Bitcoin Wallet
Almost a third of Salvadorans, or roughly 2.1 million people, are actively using the El Salvador government-run bitcoin wallet Chivo less than a month after the country adopted the cryptocurrency as legal tender, President Nayib Bukele said in a tweet. "The Hash" team discusses the latest on the state of crypto affairs and bitcoin adoption in El Salvador.