Bitcoin passed $89K for the first time, Tesla closed up 8.96%, Coinbase closed up 19.76%, and Robinhood closed up 7.4%, as investors pile into “Trump trades”
It Just Had Its Best One Ever Steven Walgenbach / Inside Bitcoins : BlackRock Bitcoin ETF Hits New Record As Polymarket Odds Of Bitcoin Hitting $100K This Year Soar Vladimir Popescu / Watcher Guru : T...
Nayib Bukele doubles down on BTC despite El Salvador's economic woes and IMF asking for BTC's removal as legal tender; 88% of citizens didn't use BTC in 2023
who is Nayib Bukele? Crypto Daily : El Salvador To Continue With Bitcoin-Backed Bonds, Says Vice President X: @reuters : Bitcoin will remain legal tender in El Salvador during the second term of Presi...
How El Salvador President Nayib Bukele weaponized bitcoin to whitewash his government's growing authoritarianism on the world stage and spread local propaganda
and lining their pockets — at the expense of our rights and livelihoods.” https://www.nytimes.com/... Alex Gladstein / @gladstein : “Bitcoiners aren't supposed to trust government. After all, one of B...
How El Salvador President Nayib Bukele weaponized bitcoin to whitewash his government's growing authoritarianism on the world stage and spread local propaganda
SAN SALVADOR — Bitcoiners — enthusiasts of the world's most popular cryptocurrency — aren't supposed to trust government. Tweets: @timmuth , @fredbenenson , @schwarz , @stalfel , @gladstein , @nytopin...
Bitcoin fell to under $18K on Saturday, below its $19,511 high during its 2017 bull cycle, as ether dropped below $1K; both are down 70%+ since November 2021
what this means Robert Reich / The Guardian : The Crypto Crash: all Ponzi schemes topple eventually Hudson Lockett / Financial Times : Celsius warns it will ‘take time’ to stabilise as bitcoin hovers ...
As crypto markets tank, El Salvador has so far lost ~$56M after President Nayib Bukele bought 2,301 bitcoin, raising concerns about debt repayments
An epic rout that has wiped out about two-thirds of Bitcoin's value is exacerbating the debt crisis in the world's most crypto-friendly country.
Analysis: El Salvador's bitcoin investment, driven by President Nayib Bukele, is worth $74M, well below the $103M paid for its 2,301 BTC since September
Michael D McDonald / Bloomberg :
Analysis: El Salvador's President Nayib Bukele has likely lost $10M on his bitcoin purchases, after spending $71M on 1,391 BTC at ~$51K
- Government's process for buying Bitcoin is shrouded in secrecy — Nation's Bitcoins worth 14% less than average acquisition cost
Overview of El Salvador's official yet controversial adoption of bitcoin in 2021, as many citizens have reportedly seen bitcoin vanish from their Chivo wallets
At this year's Bitcoin Conference in Miami in June, El Salvador President Nayib Bukele announced his country would soon accept Bitcoin as legal tender.