El Salvador
Who Are the Main Opponents and Supporters of El Salvador’s Bitcoin Law?
President Nayib Bukele’s new law faces plenty of internal critics. Much of his support comes from outside the country.
As El Salvador Enacts Bitcoin Law, Locals Remain Confused About Implementation
“One thing is what the president says, and another is what the law establishes.”
Market Wrap: Bitcoin Plummets as El Salvador Buys the Dip
Bitcoin tumbled below $46K, triggering billions in long position liquidations.
Flexa Hops Into El Salvador With Lightning Payments as Bitcoin Law Goes Live
Crypto payments firms are rushing into El Salvador as bitcoin becomes legal tender.
‘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 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.
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.
