El Salvador
CoinList Releases Survey of Top Crypto Predictions for 2022
Graham Jenkin, CEO of crypto trading platform CoinList, discusses the results from the site's recent survey of top 2022 crypto predictions. Jenkins shares insights into where bitcoin's value will be within a year, the likelihood of Solana and Binance Smart Chain nearing Ethereum’s price, and whether other countries could follow El Salvador's integration of cryptocurrency into their monetary system.
Strike CEO Jack Mallers on El Salvador’s Bitcoin Adoption
Jack Mallers, Strike CEO and a top 10 winner of CoinDesk’s Most Influential 2021, shares insights into his mission to bank the unbanked that has led him to spread bitcoin adoption across El Salvador.
Buying the Dip? Microstrategy, El Salvador Acquire More Bitcoin
While bitcoin’s price fell about 8% Friday around $54,237, MicroStrategy said it bought 7,002 bitcoins for about $414 million in cash during its fiscal fourth quarter. Similarly, El Salvador’s President Nayib Bukele said he bought 100 more bitcoins at “a discount” as broader markets tumbled on new COVID-19 variant fear.
Bitcoin's Price Trajectory Ahead of Thanksgiving Weekend
CoinDesk's Galen Moore discusses what to make of bitcoin's price trajectory as the cryptocurrency is holding support above its 100-day moving average of $53,700. Plus, potential headwinds out of India amid talks of a bill banning cryptocurrencies in the country, and reactions to Salvadoran Ambassador to U.S. saying bitcoin challenges the U.S.' monetary authority.
IMF: Bitcoin Should Not Be Legal Tender in El Salvador
The International Monetary Fund (IMF) stated bitcoin should not be used as legal tender in El Salvador, saying its plans to acquire more BTC will require a “very careful analysis” of implications for its financial stability. It also questioned President Nayib Bukele’s announcement of a $1 billion bitcoin-backed bond.
El Salvador’s Ambassador to US on Central American Country’s Bitcoin Ambitions
Milena Mayorga, Ambassador of El Salvador to the U.S., discusses El Salvador’s bitcoin ambitions following President Nayib Bukele’s plans for the world’s first “Bitcoin City”– a low-tax, net-zero municipality financed primarily by a $1 billion bitcoin bond listed on Bitfinex.
El Salvador Wants to Build ‘Bitcoin City’ With Major Tax Incentives
El Salvador, the only country where bitcoin is a legal tender, is going to build an entire city based on the largest cryptocurrency by market value. “Bitcoin City” will have no income, property, capital gains or payroll taxes.
