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El Salvador
Bitcoin Tumbles to $68K; El Salvador's Bitcoin 'Piggy Bank'
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as the price of bitcoin (BTC) fell to as low as $67,000 during Friday's Asian trading hours, before recovering to the $68,000 level. Plus, El Salvador's President Nayib Bukele announced on X that the nation has moved more than 5,000 BTC into a cold wallet. And, how Bitcoin Virtual Machine is gaining traction.
First Mover Americas: El Salvador Holds More BTC Than Expected
The latest price moves in crypto markets in context for March 15, 2024.
El Salvador Has Thousands More Bitcoins Than Previously Known
The Central American nation moved $400 million in BTC into a cold storage wallet this week.
El Salvador Axes Income Tax for Investments From Abroad
The nation, which is attempting to attract foreign capital, removed income tax on investment from overseas.
El Salvador Bags Major Bitcoin Gains; Hong Kong's Stablecoin Push
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including El Salvador's major gains from the recent bitcoin (BTC) rally. The Central American nation is sitting on $84 million in unrealized profit on the holdings it first started acquiring in September 2021. Plus, the Binance saga continues in Nigeria, and Hong Kong starts a regulatory sandbox for potential stablecoin issuers.
First Mover Americas: Ether Options Traders Prepare for Downside
The latest price moves in crypto markets in context for March 12, 2024.
El Salvador Is Sitting on $84M Profit From Its Bitcoin Holdings
President Nayib Bukele said in an X post that the Central American nation is earning bitcoin revenue from four different avenues.
El Salvador's Bukele Says Value of Country's Bitcoin Holdings Up Over 40%
The country's bonds have also surged to over 80 cents on the dollar.
El Salvador's Bitcoin-Friendly President Wins Re-Election; Donald Trump Speaks Out on AI
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest stories shaping the crypto industry today, including the re-election of El Salvador's bitcoin-friendly president Nayib Bukele. Former U.S. president and Republican front-runner Donald Trump calls AI "dangerous and scary" in an new interview with Fox Business. Plus, former CFO of Terraform Labs has been extradited to South Korea by Montenegrin authorities according to an official notice.
El Salvador's Bitcoin-Friendly President Nayib Bukele Wins Re-Election
Under Bukele, the country in 2021 became the first nation to adopt bitcoin as legal tender.