Bitcoin Adoption Reaches Critical Low in El Salvador Despite Government Push

news.bitcoin.com A new survey has found that bitcoin usage has dropped to critical levels in El Salvador, with less than 10% of its citizens using it to make transactions. The numbers are…

What Is Liberland, the Crypto Nation that Elected Justin Sun as Prime Minister?

cryptonews.com Key takeaways: Tron founder Justin Sun was elected to serve as the first Prime Minister of the self-proclaimed state Liberland. Liberland’s entire political and economic…

Bitcoin Barely Used: 92% Salvadorans Skip BTC For Everyday Transactions

watcher.guru El Salvador changed the dynamics of the cryptocurrency industry by adopting Bitcoin (BTC) as a legal tender in 2021. While several countries were slowly embracing the king…

Bitcoin's Exchange Theory of Value

tftc.io TLDR: The premise of this theory is that bitcoin derives its value through exchange. Its ability to store value is of course anchored to its fixed supply, but its utility is…

Salvadorans Like Bukele But Aren’t Using Bitcoin, Survey says

decrypt.co Salvadorans may like President Nayib Bukele for cleaning up the country’s once disastrous security situation. But at least one policy isn’t sticking: Bitcoin. That’s…

Good Morning, Bitcoin

nobsbitcoin.com We are 100% community-funded. Support our work. What's new 5th Circuit rules ISP should have terminated Internet users accused of piracy. Music publishers won a court case…

El Salvador Survey: Only 7.5% of Citizens Use Bitcoin

cryptonews.com Only 7.5% of El Salvador citizens say they use Bitcoin (BTC) to make transactions, a new survey has found. The study was conducted by Francisco Gavidia University (UFG),…

Mark Cuban Questions Trump’s Motive for WLFI Token Sale, Max Keiser Claims Trump Failed ‘Bitcoin IQ Test’

cryptonews.com Former President Donald Trump’s decision to launch a cryptocurrency token sale for his project, World Liberty Financial (WLFI), has attracted widespread backlash from…

Bitcoin and Ethereum Price Charts Have Disappeared From Google Search Results

decrypt.co Google Search has stopped displaying price charts for Bitcoin and other cryptocurrencies in its search results. Users can still access these charts through Google Finance.…

Lightning Network Gets Political via Trump Donations

bitcoinlightning.com In a surprising twist, ex-President and current presidential candidate Donald J. Trump announced that he would become the first presidential candidate to accept Lighting…

Block 865474: Important News of the Week

nobsbitcoin.com We raised ~150k sats ($100) last week, although a portion of the donations was stifled due to issues with our Lightning node. It should all be working without issues now.…

NewsBriefs

cryptobriefing.com BlackRock and Metaplanet have ramped up their Bitcoin acquisitions despite recent market volatility. BlackRock bought 12,272 BTC worth $742 million in 16 days, bringing its…

Justin Sun is now prime minister of Liberland, an entirely made-up country

protos.com Justin Sun has been appointed prime minister of the ‘micronation’ of Liberland, a small plot of land between Serbia and Croatia that claims to be an independent country…

SOTM October 3

coinmetrics.io Welcome to our 192nd issue of State of the Market, where we provide an overview of crypto market activity from October 3 – October 9, 2024. This week in crypto markets: The…

Tron’s Justin Sun vows to instil ‘libertarian principles’ as prime minister of Bitcoin micronation Liberland

dlnews.com Liberland, an ersatz European micronation that holds 99% of its reserves in Bitcoin, has elected Tron founder Justin Sun as its new prime minister. Sun will take over from…

The Protocol: Peter Todd Wants to Fix Satoshi's Bitcoin Bugs

coindesk.com SATOSHI BLOOPERS: Bettors on , the Polygon-based prediction market, got whipsawed amid speculation over whom a much-promoted HBO documentary would identify as Bitcoin…

LatAm Bank Littio Ditches Ethereum for Avalanche as Demand for RWA Vaults Grows

coindesk.com Colombian neobank Littio is switching blockchain networks – from Ethereum (ETH) to Avalanche (AVAX) – for products, called Yield Pots, that allow users to earn interest on…

We’re no closer to finding Satoshi Nakamoto

blockworks.co Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Empire newsletter. Permissionless III kicks…

We are all Satoshi Nakamoto

blockworks.co Despite slick marketing leading up to the release of HBO documentary Money Electric, we’re no closer to finding out the identity of Satoshi Nakamoto. What filmmaker Cullen…

How El Salvador’s Bitcoin gamble impacted inflation

cryptoslate.com El Salvador’s adoption of Bitcoin as legal tender in Sept. 2021 coincided with notable shifts in the country’s inflation rate. Inflation stood at 4.9% when the government…

HBO doc reveals Bitcoin creator is Peter Todd

fortune.com Satoshi Nakamoto gave Bitcoin to the world in early 2009. His creation has since sparked a global rebellion against banks and governments, while its value has soared to well…

Building LNbits — the WordPress for Your Bitcoin Lightning Node

bitcoinmagazine.com Company Name: LNbits Founders: Ben Arc Date Founded: Project: 2019 | Company: 2022 Location of Headquarters: Fully remote (most developers based in Europe) Amount of Bitcoin…

El Salvador’s Bonds Spike Despite Bitcoin Criticism

decrypt.co Institutions and politicians have frequently slammed maverick Bitcoin booster Nayib Bukele, president of El Salvador, for his handling of his country’s finances. But things…

IMF Recommends El Salvador Narrow the Scope of the Country’s Bitcoin Law, Limit Public Sector Exposure to BTC

dailyhodl.com The International Monetary Fund (IMF) has advised El Salvador to reform the country’s rules on Bitcoin (BTC) as an official currency. During a press briefing, IMF…

IMF Urges El Salvador to Tighten Bitcoin Law and Strengthen Oversight

news.bitcoin.com The International Monetary Fund (IMF) has advised El Salvador to narrow the scope of its bitcoin law, strengthen regulation and oversight of the cryptocurrency, and limit…

LATAM Crypto Roundup: Binance Secures VASP Registration in Argentina, Ripple Expands in Brazil, and More

beincrypto.com BeInCrypto comprehensive Latam Crypto Roundup brings Latin America’s most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the…

Will Argentina Take the Leap to Make Bitcoin Legal Tender Like El Salvador? Experts Weigh In

zycrypto.com As Argentina grapples with economic turmoil, speculation is growing about whether the country will follow El Salvador’s bold move to adopt Bitcoin as legal tender. President…

How This Bitcoin Bull Market Cycle Stands Out

forbes.com As markets enter Q4 2024, investors keenly observe the current bitcoin market cycle, questioning whether it will reflect historical patterns. Typically, halving events every…

IMF Urges El Salvador to Scale Back Bitcoin Law in Ongoing Negotiations

cryptonews.com The International Monetary Fund (IMF) has urged El Salvador to review its Bitcoin policies and enhance its cryptocurrency regulations. In a press conference on October 3,…

IMF Adopts Lighter Tone, Urges El Salvador to Narrow Bitcoin Support

beincrypto.com The International Monetary Fund (IMF) has suggested that El Salvador reduce government support for Bitcoin. This is a far more conciliatory attitude than previous attempts…

Bitcoin makes IMF hesitant to issue new loans to El Salvador

protos.com IMF Communications Director Julie Kozack reiterated today that “addressing risks arising from Bitcoin is a key element of these discussions” in reference to negotiations…

IMF urges El Salvador to narrow Bitcoin laws amid loan negotiations

cryptoslate.com The International Monetary Fund (IMF) has recommended that El Salvador narrow the scope of its Bitcoin (BTC) law and strengthen regulatory oversight during ongoing talks…

El Salvador Buys 1 Bitcoin Daily to Counter IMF Neocolonialism

thedefiant.io El Salvador has initiated a policy of purchasing one Bitcoin every day, a move described by Christine Lagarde as an attempt to 'escape' the IMF's neocolonialism. This…

IMF Renews Push for El Salvador to Abandon Bitcoin Law

thecryptobasic.com The International Monetary Fund again urged El Salvador to relapse Bitcoin law and strengthen the digital asset regulatory framework. The IMF again persuaded pro-Bitcoin El…

IMF recommends El Salvador to limit the public’s exposure to Bitcoin

coinjournal.net The IMF wants El Salvador to limit “public sector exposure to Bitcoin” The financial agency’s remarks follow an August statement, which talked about “mitigat[ing] the risks…

IMF urges El Salvador to scale back Bitcoin law

finbold.com While doubtlessly forward-thinking, El Salvador’s Bitcoin experiment has not gone over well with international financial and regulatory bodies — the International Monetary…

IMF Pushes El Salvador To Narrow Bitcoin Law For Funding

forbes.com The International Monetary Fund stated that if El Salvador doesn’t get rid of its Bitcoin law, which made bitcoin legal tender in the country, it should at least “narrow the…

El Salvador doubles down on Bitcoin, defies IMF concerns

cryptoslate.com El Salvador has doubled down on its Bitcoin moves despite ongoing pressure from the International Monetary Fund (IMF) regarding the country’s use of the digital asset. On…

IMF Urges El Salvador to Tighten Bitcoin Regulations Amid Ongoing Concerns

coinpedia.org The post IMF Urges El Salvador to Tighten Bitcoin Regulations Amid Ongoing Concerns appeared first on Coinpedia Fintech News The International Monetary Fund (IMF) has once…

IMF pressures El Salvador to overhaul Bitcoin regulations

ambcrypto.com IMF raised concerns about Bitcoin’s potential to destabilize the nation’s financial system. • IMF has called for tighter regulations on Bitcoin usage in El Salvador. El…

Bitcoin Price Battles $61,250 Pivot as IMF Warnings Clash with JPMorgan’s Bold Bullish Forecast

cryptonews.com Bitcoin price has shown mixed performance amid recent geopolitical developments and regulatory scrutiny. Ripple’s expansion in Brazil and the IMF’s call for El Salvador to…