El Salvador-based Tether says it holds nearly 80 tons of gold, worth ~$8B, in a vault in Switzerland; precious metals made up nearly 5% of its reserves in March
Tether Holdings SA, the issuer of the world's largest stablecoin, has its own vault in Switzerland to hold an $8 billion stockpile of gold …
El Salvador has mined 473.5 bitcoin, worth ~$29M, since September 2021 thanks to a volcano-fueled geothermal power plant, bringing its portfolio to 5,750 BTC
El Salvador has mined nearly 474 bitcoins since 2021 thanks to a volcano-fueled geothermal power plant, official data showed on Tuesday …
El Salvador moved 5,689.68 BTC, “a big chunk” or ~$400M worth, into a cold wallet this week; public trackers had estimated El Salvador had less than 3,000 BTC
The Central American nation moved $400 million in BTC into a cold storage wallet this week.
Bitcoin payment service Strike expands to 65 countries, beyond the US, El Salvador, and Argentina, and says it is taking a regulation-first approach in the US
Since starting in 2019, the Bitcoin-powered payments app Strike has aimed to become a global crypto-powered equivalent to Venmo or Cash App.
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.
Survey of 1,800 households in El Salvador shows 61% have abandoned the Chivo bitcoin wallet after withdrawing a free $30 sign-up bonus
Those who stayed are not on the Chivo app for what was intended, using it to keep their dollars safe rather than for crypto. — • BOGOTÁ, COLOMBIA Tweets: @antoniocasilli , @cengizyar , @mikebutcher ...
El Salvador postpones its $1B bitcoin-backed bond, planned for March 15-20, citing unfavorable market conditions; BTC is down ~35% from its November 2021 peak
SAN SALVADOR (Reuters) - El Salvador postponed an unprecedented issue of a bitcoin-backed bond planned for last week …
El Salvador plans to build a “Bitcoin City” initially funded by a $1B “bitcoin bond”, with $500M to build mining infrastructure and $500M to buy more bitcoin
the long-term play is starting to come into focus https://twitter.com/... Bernhard Mueller / @muellerberndt : Basically the same model MicroStrategy uses: Borrow billions of USD via legacy bonds, buy ...
Inside “Bitcoin Week”, a series of events in El Salvador that let industry experts and crypto proponents celebrate their bitcoin allegiance
Bitcoin bulls, as undeterred as ever, flocked to a week of events and revelry in the first country to make the cryptocurrency legal tender.
El Salvador plans to build a “Bitcoin City” initially funded by a $1B “bitcoin bond”, with $500M to build mining infrastructure and $500M to buy more bitcoin
El Salvador, the only country in which bitcoin is a legal tender, is going to build an entire city based …