El Salvador’s Bitcoin holdings grow by 162 BTC with daily buys
With each new Bitcoin purchase, the country’s financial future becomes increasingly tied to the fortunes of an unpredictable crypto market.
Related Posts


Why is Bitcoin price down today?
After topping the $21,500 mark on Nov. 4, Bitcoin (BTC) price is down by 14% on Nov. 8, reaching a new yearly low at $17,166 and most altcoins are following suit. While the Binance and FTX news initially caused an uptick in the market, the day turned south as various unconfirmed sources speculate that FTX’s losses…

Huobi employees revolt, GameFi lives, Antminer on steroids: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Huobi’s disgruntled employees According to local media reports, cryptocurrency exchange Huobi Global has terminated all year-end employee bonuses and benefits, as well as axed its entire core development staff located in mainland China. The laid-off staff will be instead switched to…

EEA Publishes Blockchain Uses for T-Mobile and Other Major Telecoms
The Enterprise Ethereum Alliance (EEA), an organization that aims to establish standards in the blockchain sector, has published a collection of use cases for blockchain in telecommunications.Blockchain solutions for telecomsThe EEA shared the announcement with Cointelegraph on Aug. 28. According to the announcement, the new document on blockchain solutions in the telecom industry was created…

Focusing too much on Bitcoin Uptober is a ‘mistake,’ says crypto trader
A crypto trader opined that market participants should step back from the Bitcoin “Uptober” hype and look at the bigger picture.

SEC Starts Review of NYSE Arca’s Bitcoin ETF Rule Change Proposal
The United States Securities and Exchange Commission (SEC) started reviewing a rule change proposal for NYSE Arca’s Bitcoin (BTC) exchange-traded fund (ETF) on Feb. 11, according to an official document published today, Feb. 15.According to the notice, the NYSE Arca exchange filed a rule change proposal to list and trade shares of the Bitwise Bitcoin…

Bitcoin Halving Can Have Negative Short-Term Effect on BTC Price — Here’s Why
The price of Bitcoin (BTC) has dropped right before and after the two previous block-reward halving events in 2012 and 2016. BTC is demonstrating a similar trend approaching the May 2020 halving.A theory has emerged that miners tend to sell before the halving to accumulate enough Bitcoin to finance their operations for many months after…

South Africa’s financial regulator plans to introduce framework aimed at protecting vulnerable crypto investors: Report
“What we want to be able to do is to intervene when we think that what is provided to potential customers are products that they don’t understand that are potentially highly risky,” said Unathi Kamlana. 380 Total views 56 Total shares Unathi Kamlana, the commissioner of South Africa’s Financial Sector Conduct Authority, has reportedly said…

PEPE plunges 15% as strange token movements spark fears of rug pull
The price of Pepe has plummeted 15% after developers sent nearly 4% of the memecoin’s total supply to exchanges without warning. 865 Total views 16 Total shares The price of the frog-themed memecoin Pepe (PEPE) has plunged nearly 15% after recent changes to a multisig wallet and new token transfers ignited fears of a “rug pull”…