Nayib Bukele
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.
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'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.
El Salvador's BTC Bet Is $13M in Profit as Bitcoin ETF Approval Approaches
President Nayib Bukele hailed the investment as being "back in the black" last month.
El Salvador's Bonds Surge 62% Amid Bitcoin's ETF-Driven Rally
El Salvador’s bonds due in 2027 have gained 62% in the last six months as the country finds itself on a better financial footing.
Asobitcoin President on El Salvador’s Bitcoin Experiment
El Salvador’s bitcoin experiment continues as President Nayib Bukele paid off the country's $800 million maturing bond issue in late January. Will Hernandez, president of the Bitcoin Association of El Salvador, discusses the current state of bitcoin adoption in the country and the key initiatives at Asobitcoin. Plus, his take on El Salvador's plans to build a Bitcoin Embassy in Texas and his reaction to IMF calling for greater transparency.
El Salvador Pays Back $800M Maturing Bond, President Nayib Bukele Says
The country was the first in the world to use bitcoin as legal tender.
