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Santander: El Salvador’s Bitcoin Adoption Fuels Tourism Boom

Santander: El Salvador’s Bitcoin Adoption Fuels Tourism BoomEl Salvador’s tourism soared in 2024, with bitcoin adoption and safety reforms transforming the nation into a global powerhouse, driving unprecedented economic and tourism growth. Bitcoin-Led Tourism Boom Positions El Salvador as a Global Model Santander US Capital Markets LLC, a division of the global financial giant Banco Santander, published a report on Jan. 10 […]

Analyst Says Altcoins Close to Entering ‘Hype Cycle’ Stage That May Trigger Rallies Over Coming Weeks

El Salvador Aims to Purchase DOJ’s Seized Bitcoin at a Discount

El Salvador Aims to Purchase DOJ’s Seized Bitcoin at a DiscountNayib Bukele, the President of El Salvador, who has continued to push forward with bitcoin policies in his country, announced that he aims to profit from the potential DOJ sales of bitcoin seized as part of the Silk Road market takedown. El Salvador Hints at Purchasing Silk Road-Seized Bitcoin, Presses Ahead With New BTC Acquisitions […]

Analyst Says Altcoins Close to Entering ‘Hype Cycle’ Stage That May Trigger Rallies Over Coming Weeks

Bitfinex Derivatives Moves to El Salvador After Receiving License

Bitfinex Derivatives Moves to El Salvador After Receiving LicenseBitfinex, a cryptocurrency exchange, has recently moved its derivatives services division to El Salvador, transitioning customers to a new jurisdiction after receiving a Digital Asset Service Provider (DASP) license. Bitfinex Derivatives El Salvador S.A. de C.V., a Salvadoran local entity, will now provide these services. Customers must approve a new set of service terms to […]

Analyst Says Altcoins Close to Entering ‘Hype Cycle’ Stage That May Trigger Rallies Over Coming Weeks

Latam Insights Encore: El Salvador’s Bitcoin Bragging Signals a Point of No Return

Latam Insights Encore: El Salvador’s Bitcoin Bragging Signals a Point of No ReturnWelcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how El Salvador is now placing its Bitcoin-focused policy front and center in its international engagements, suggesting that there may be no turning back. Latam Insights Encore: Bragging Means There Is […]

Analyst Says Altcoins Close to Entering ‘Hype Cycle’ Stage That May Trigger Rallies Over Coming Weeks

Latam Insights: El Salvador Boasts Bitcoin Success, Binance Gets Crucial Greenlight in Brazil

Latam Insights: El Salvador Boasts Bitcoin Success, Binance Gets Crucial Greenlight in BrazilWelcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition of Latam Insights, El Salvador showcases its bitcoin experience before China, and Binance becomes the first securities-enhanced crypto exchange in Brazil. El Salvador Showcases Bitcoin Success in Key Meeting With […]

Analyst Says Altcoins Close to Entering ‘Hype Cycle’ Stage That May Trigger Rallies Over Coming Weeks

Latam Insights Encore: El Salvador’s Bitcoin Push Persists, Undeterred by IMF Deal

Latam Insights Encore: El Salvador’s Bitcoin Push Persists, Undeterred by IMF DealWelcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines the defiant stance of El Salvador’s government on bitcoin and how Bukele will continue to push for its adoption and purchases despite the recently issued IMF deal. Latam Insights Encore: El […]

Analyst Says Altcoins Close to Entering ‘Hype Cycle’ Stage That May Trigger Rallies Over Coming Weeks

Latam Insights: El Salvador’s Bitcoin Christmas Buying Spree, Argentina’s Tether Freeze

Latam Insights: El Salvador’s Bitcoin Christmas Buying Spree, Argentina’s Tether FreezeWelcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition of Latam Insights, El Salvador continues buying bitcoin despite IMF’s requirements, the Argentine justice system orders freezing USDT for the first time, and a Brazilian congresswoman warns about the dangers […]

Analyst Says Altcoins Close to Entering ‘Hype Cycle’ Stage That May Trigger Rallies Over Coming Weeks

El Salvador Showcases Bitcoin Success in Key Meeting With Chinese Ambassador

El Salvador Showcases Bitcoin Success in Key Meeting With Chinese AmbassadorEl Salvador’s vice president highlighted bitcoin’s role in economic growth during a meeting with China’s ambassador, emphasizing Chinese cooperation in advancing digital infrastructure projects. El Salvador Spotlights Bitcoin Wealth in Discussions With Chinese Delegation El Salvador’s Vice President Félix Ulloa highlighted the country’s bitcoin success in a meeting with Chinese Ambassador Zhang Yanhui, the Office […]

Analyst Says Altcoins Close to Entering ‘Hype Cycle’ Stage That May Trigger Rallies Over Coming Weeks

New Mining Legislation in El Salvador Paves Way for Gold Exploitation

New Mining Legislation in El Salvador Paves Way for Gold ExploitationOn Monday, the Legislative Assembly of El Salvador approved a new metallic mining law, opening the door for gold exploitation in the country. The change, previously hinted at by President Nayib Bukele, was met with criticism from environmental activists, who believe this will negatively affect the country. With New Mining Law, El Salvador Stakes Claim […]

Analyst Says Altcoins Close to Entering ‘Hype Cycle’ Stage That May Trigger Rallies Over Coming Weeks

El Salvador Raises Daily Bitcoin Purchase Elevenfold for Two Days As BTC Reserves Soars to Over $574,000,000

El Salvador Raises Daily Bitcoin Purchase Elevenfold for Two Days As BTC Reserves Soars to Over 4,000,000

The government of El Salvador raised its daily Bitcoin (BTC) purchase by elevenfold on two separate days in the past week. The Central American country started buying one BTC every day in November 2022, shortly after the crypto exchange FTX imploded. Last Friday, however, El Salvador purchased more than 11 BTC worth $1.07 million, and […]

The post El Salvador Raises Daily Bitcoin Purchase Elevenfold for Two Days As BTC Reserves Soars to Over $574,000,000 appeared first on The Daily Hodl.

Analyst Says Altcoins Close to Entering ‘Hype Cycle’ Stage That May Trigger Rallies Over Coming Weeks