nayib bukele
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Actually, Bitcoin Didn’t Hit an All-Time High If You Adjust for Inflation
The crypto community took a victory lap Tuesday with the news that the price of Bitcoin hit an all-time high of $US69,210. Those celebrations cooled when the value dropped a full 8% just a few hours later, but it marked a stunning recovery from the crypto crash of 2022. For the fans, Bitcoin’s rally was…
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Salvadorans Protest Against Government’s Bitcoin Gamble as Official Wallet Suffers Glitches
More than 1,000 people took to the streets of San Salvador, El Salvador on Tuesday to protest against the country’s new Bitcoin Law, championed by 40-year-old President Nayib Bukele. The law recognises bitcoin as legal tender, and is considered a huge gamble for one of the poorest countries in Latin America.
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El Salvador to Give Every Citizen $38 in Bitcoin for Downloading Govt Crypto App
El Salvador will give every adult citizen $38 in bitcoin, provided they download and register the government’s cryptocurrency app, known as Chivo, according to President Nayib Bukele.