News From El Salvador, Late November: Post Bitcoin Week Report
Time to check back with El Salvador. During Bitcoin Week, it was so hectic down there that we didn’t know where to start. Everybody in the Bitcoin space visited San Salvador and El Zonte. The highlight was that President Bukele announced the project to build Bitcoin City and to issue $1B Bitcoin bonds to finance […]
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A recent Glassnode report says some long-term holders (LTHs) of bitcoin offloaded part of their holdings and cashed out their profits during a bull-run. Still, the report explains that the sell-off, which has been noticeable since late November, is not necessarily a sign of an approaching bear market. Instead, as the data shows, BTC is poised for another rally. Since Nov. 26, when the price of BTC dropped by more than 17% in 24 hours, the digital asset has recovered and currently trades above $19,000. Some analysts believe that it is only a matter of time before the leading crypto....
While the world burns, El Salvador opens the Chivo Pets hospital. Not everything is lost. In this edition, we also highlight the famous visitors from all walks of life that have recently been to the country. And, of course, we have some feel-good stories and visit El Zonte. It’s not News From El Salvador if […]
So, Bitcoin is legal tender in El Salvador. How did the experiment start? With fire and chaos. You could say that the implementation wasn’t the smoothest, but it’s advancing and people are learning. The narrative shifted from the remote beach town of El Zonte to the busy streets of San Salvador, but there’s action everywhere. […]
It’s hard to believe Bitcoin Day was only a year ago. Let’s go back to El Salvador in anticipation of that faithful day’s celebrations, you’ll find that the country is booming with activity. This compilation of news has it all; from tourism to mining, from conferences to meetups. For a while there, the war with […]
El Salvador ’s Bitcoin Law goes into effect on September 7th. Legal tender day is just around the corner, and you know what that means. It’s time for another news roundup! How’s the growing excitement treating El Salvador? Is there any pull-back from the general public? Does El Salvador ‘s first Bitcoin tv spot explain […]