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El Salvador's Chivo Wallet Receives $3 Million in Remittances in a Day
El Salvador's Chivo Wallet Receives $3 Million in Remittances in a Day
News  -  Economy  -  Oct 16, 2021 by Thomas M

El Salvador is officially in the green on its bitcoin purchase, with its holdings of 700 bitcoin sitting at a value of around $43 million at press time. Meanwhile, the country's own Bitcoin wallet Chivo is seeing increased adoption rates. On Friday, as Bitcoin shot above $60,000

El Salvador Volcano Mining Takes Shape
El Salvador Volcano Mining Takes Shape
News  -  Economy  -  Sep 29, 2021 by Thomas M

A pioneering nation state in all things Bitcoin, El Salvador is making moves to get into bitcoin mining — using geothermal energy from one of its 11 volcanos. An idea born on a Twitter Spaces session on the day El Salvador's parliament passed the "Ley Bitcoin" (Bitcoin

US December Inflation Sees Further Increase, Highest Since 1982
US December Inflation Sees Further Increase, Highest Since 1982

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5% month-to-month in December. This is a decrease in growth from November’s 0.8% figure. Year-on-year, the index rose by 7%, the largest 12-month increase since June 1982. The monthly changes for each sub-index are as follows: * Food:

News  -  Politics  -  Jan 12, 2022
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US December Inflation Sees Further Increase, Highest Since 1982
US December Inflation Sees Further Increase, Highest Since 1982

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5% month-to-month in December. This is a decrease in growth from November’s 0.8% figure. Year-on-year, the index rose by 7%, the largest 12-month increase since June 1982. The monthly changes for each sub-index are as follows: * Food:

News  -  Politics  -  Jan 12, 2022
El Salvador's Chivo Wallet Receives $3 Million in Remittances in a Day
El Salvador's Chivo Wallet Receives $3 Million in Remittances in a Day

El Salvador is officially in the green on its bitcoin purchase, with its holdings of 700 bitcoin sitting at a value of around $43 million at press time. Meanwhile, the country's own Bitcoin wallet Chivo is seeing increased adoption rates. On Friday, as Bitcoin shot above $60,000

News  -  Economy  -  Oct 16, 2021
El Salvador Volcano Mining Takes Shape
El Salvador Volcano Mining Takes Shape

A pioneering nation state in all things Bitcoin, El Salvador is making moves to get into bitcoin mining — using geothermal energy from one of its 11 volcanos. An idea born on a Twitter Spaces session on the day El Salvador's parliament passed the "Ley Bitcoin" (Bitcoin

News  -  Economy  -  Sep 29, 2021
What Can We Learn From the Bitcoin User Experience in El Salvador?
What Can We Learn From the Bitcoin User Experience in El Salvador?

This month, Bitcoin became legal tender in El Salvador. This is a historical landmark in the world of finance, and the reception has been unsurprisingly divided. On one hand, it marks a move towards an exciting future for Bitcoin, globally. It also presents an opportunity for Bitcoin to deliver on

Opinion  -  Economy  -  Sep 28, 2021
Bitcoin Has a FUD Problem, Not an E-Waste Problem
Bitcoin Has a FUD Problem, Not an E-Waste Problem

I've said it before and I'll say it again: Never argue with a Nocoiner. Nature abhors a vacuum, and debunking the latest Bitcoin FUD will just create a void to be filled with even dumber FUD. Our latest example comes from an employee of the Dutch

Opinion  -  Technology  -  Sep 21, 2021
El Salvador Buys the Dip Again
El Salvador Buys the Dip Again

The first country to make Bitcoin legal tender, El Salvador has also become the first nation state to routinely buy the Bitcoin dips. When on "Bitcoin Day," the day the Central American nation's Bitcoin Law went into effect, Bitcoin dropped from $52,000 to to the

News  -  Economy  -  Sep 20, 2021
German Regulator BaFin Approves First Bitcoin-Based Security Token Offering
German Regulator BaFin Approves First Bitcoin-Based Security Token Offering

Germany's finance regulator BaFin has approved the first security token offering (STO) issued on a Bitcoin sidechain for the German market. The approval was obtained by alternative asset marketplace STOKR to host the security token offering for sci-fi MMO Infinite Fleet, according to a press release shared with

News  -  Economy  -  Sep 17, 2021
It's Bitcoin Day: El Salvador Buys 400 Bitcoin as Bitcoin Law Goes Into Effect
It's Bitcoin Day: El Salvador Buys 400 Bitcoin as Bitcoin Law Goes Into Effect

It's Bitcoin Day — the "Ley Bitcoin" (Bitcoin Law) has gone into effect in El Salvador, officially making the country the first in the world to adopt Bitcoin as legal tender. To kick off the historic day, El Salvador's president Nayib Bukele took to Twitter

News  -  Economy  -  Sep 02, 2021
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