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El Salvador buys the dip – picks up 500 BTC worth roughly $15.5M for reserves
El Salvador's President announced that the country has bought over $15.5 million worth of BTC during the recent downturn
Anthony Clarke 2 min read
Latin America News
Regional trends in remittances, stablecoin use, policy shifts, and grassroots crypto adoption.
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Study finds El Salvador’s Chivo Bitcoin Wallet is not widely used
Researchers found that despite high initial interest, wallet usage for Bitcoin transactions is low and concentrated among a select demographic.
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How the crypto wealthy are gentrifying Puerto Rico
Crypto wealthy U.S. citizens are driving up property prices and the cost of living for native Puerto Ricans, much to their anger.
Latest Latin America Crypto News & Analysis
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Bitfinex CTO reveals key information on El Salvador’s up and coming Volcano Tokens
Bitfinex CTO Paolo Ardoino talks to CryptoSlate about Volcano Tokens, including time frames on when the process can move forward.
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Report: Crypto millionaires flock to El Salvador to invest in the Bitcoin City project
Investors are already offering Salvadoran residents around the proposed area of building Bitcoin City as much as five times the amount they paid for their land.
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Latin American Bitcoin adoption gathers pace as Brazil makes its move
Brazil is the latest Latin American country to signal pro-crypto sentiment, as it pushes to establish a legal framework around digital assets.
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60 Minutes reports on how Bitcoin is building a circular economy in El Zonte
Mainstream media comes to El Salvador interviewing locals about Bitcoin. How did they do?
People
President Bukele cancels Bitcoin Miami speaking slot due to “unforeseen circumstances”
El Salvador's President Bukele canceled his appearance at the Bitcoin Miami 2022 event without citing a specific reason.
People
Max Keiser claims IMF false flag in El Salvador is attempting to destabilize Bitcoin
Max Keiser makes the stunning claim that international banksters are behind the surge in gang violence for the purposes of "threatening Bitcoin."
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US Senate considers Bill to limit exposure to El Salvador Bitcoin Experiment
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Mexican soccer club is selling a Bored Ape NFT to help the people of Ukraine
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