He Government of El Salvador launched a visa program on Thursday called “Adopting El Salvador Freedom Visa Program”, with which it seeks to attract 1,000 investors who “contribute” with one million dollars in bitcoin or the stable cryptocurrency USDt per year. “This program is aimed at large-scale investors who contribute $1 million in the country […]
Tag: Bitcoin
Bitcoin Hits 18-Month High on ETF Speculation
ANDl bitcoin rose 6% on Tuesday, to $35,198, its highest level in almost a year and a half, on growing speculation about the imminent approval of a fund from the cryptocurrency listed on the stock exchange. The day before, bitcoin recorded its best day in almost a year, with an advance of 10%, and optimism […]
Bitcoin: Bukele’s bet continues without convincing Salvadorans
He bitcointhe president’s bet Nayib Bukele to revitalize the Salvadoran economy, celebrates two years this Thursday as legal tender in The Saviorwith a very restricted use, without generating confidence in the population. On September 7, 2021, bitcoin began to legally circulate in the country at the request of the president. Bukele tried to ensure that […]
The IMF points out that risks from the use of bitcoin in El Salvador “must be addressed”
He International Monetary Fund (IMF) considers that the risks from the use of the bitcoin in The Savior “should be considered”even though said “risks have not materialized due to limited use” of the cryptoactive so far. The IMF reported this Friday in a statement that a mission from the organization, headed by Raphael Espinoza, held […]
Crypto company Genesis would file for bankruptcy this week
The cryptocurrency lending unit of Digital Currency Group (DCG) has been holding confidential talks with various groups of creditors in the midst of a liquidity crisis. He has warned that he might have to file for bankruptcy if he can’t raise cash, he previously reported. Bloomberg. The representatives of Genesis Global Capital They did not […]
Mexico flirts with bitcoin, now in the Senate
Mexico flirt with him bitcoin and curiosity towards cryptocurrency has already set in among politicians. First there were those who are passionate about technology, young entrepreneurs and companies that use it to provide financial services —the Fintechs. Then the full support offered by one of the richest men in the country, Ricardo Salinas Pliegowhich strongly […]
Bitcoin falls 7.3%: cryptocurrencies close the week with losses of US $ 80,000 million
After having reached a weekly rally of 14% this Thursday, the price of Bitcoin fell 7.3% on Friday, March 4, to position itself above US$40,000. The decline comes amid heightened investor uncertainty over the escalation of the Russian invasion of Ukraine. According to a report from the Criptonoticias portal, both the shares grouped in the […]
Cryptocurrencies: how to invest and generate higher returns with Bitcoin, Ethereum and others?
Investing in cryptocurrencies like Bitcoin, ethereum and others has increased in the Peru in recent years; Thus, the use of these digital currencies increased by 13% and in the region it already amounts to 97%. “Although the issue is becoming more widely known, investing in these currencies involves time and commissions in which people, if […]
Fitch downgrades El Salvador’s international rating for bitcoin adoption
The rating agency Fitch Ratings downgraded El Salvador’s long-term international issuer risk ratings (IDR) to “CCC” from “B-“, due to concerns about the concentration of power of President Nayib Bukele and the use of bitcoin as a currency. legal tender in the Central American country. According to a report released by Reuters last week, the […]
US seizes $3.6 billion in stolen bitcoin
U.S announced to have recovered more than 94,000 bitcoins stolen in 2016 from the virtual exchange platform Bitfinex and that are valued today at US $ 3,600 million, a record figure for a judicial seizure. A couple suspected of seeking to launder stolen bitcoins in a “transaction labyrinth of cryptocurrencies” was arrested Tuesday morning in […]