El Salvador President Nayib Bukele to Run for Re-Election
It has been just revealed that the El Salvador President is going to run for re-election. Check out the latest reports about this below. Here is the tweet that made the announcement: JUST IN: El Salvador President Nayib...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
It has been just revealed that the El Salvador President is going to run for re-election. Check out the latest reports about this below.
Here is the tweet that made the announcement:
JUST IN: El Salvador President Nayib Bukele to run for re-election in the next presidential election. pic.twitter.com/GmWnWtR86A
— Bitcoin Magazine (@BitcoinMagazine) October 27, 2023
Someone commented: “Bitcoin is still the dominant cryptocurrency in the country of El Salvador.”
Another follower commented this: “He doesn’t need elections. I’ve never seen that again, there’s worship for him from people in El Salvador.”
As you probably know by now, El Salvador has become one of the most important and strong Bitcoin and crypto supporters. Check out the latest reports about how it managed to thrive amidst the difficult times in which we are living these days, with all the geo-political tumult that is happening.
El Salvador is in the spotlight againHere is a relevant tweet below that shows the results of the massive efforts that the country has been making in terms of supporting the people and the planet as well.
the world going into energy crisis and meanwhile El Salvador is going into energy abundance@nayibbukele opening the new hydropower plant and announcing 14% reduction in energy prices#Bitcoin country pic.twitter.com/Atorl98qAD
— lukas (@duczko) October 19, 2023
Here’s what the president said:
“Today we are at a hydroelectric power plant, this is the El Chaparral Dam that, as we all know, was surrounded by a lot of corruption. It had to be delivered in 4 years but nothing was ever made. They only left a hole and took millions of dollars.”
“Hoy estamos en la Central Hidroeléctrica 3 de Febrero, esta obra conocida como Presa El Chaparral que como todos sabemos, estuvo rodeada de mucha corrupción. Tenía que entregarse en 4 años pero nunca se avanzó en nada. Solo dejaron un hoyo y se llevaron millones de dólares”,… pic.twitter.com/eNsRA8zEpJ
— Casa Presidencial (@PresidenciaSV) October 19, 2023
El Salvador has become a nation in the crypto spotlight for a while now, with its president supporting Bitcoin and giving people the opportunity to use the digital asset and understand it as well.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
Ethereum Price Prediction: Layer-2 Trouble Deepens as Another Network Shuts Down
Blast’s decision to close its Layer-2 network sharpens the question of Ethereum price and prediction: does activity ultimately con...
Ethereum ETFs Lose $201.9 Million As Bitcoin Funds Return To Inflows
TL;DR: US spot Ethereum ETFs recorded $201.9 million in net outflows on October 6, according to Farside Investors. Bitcoin ETFs mo...
XRP News: XRPL $2.2B Tokenization Depends on Energy Token
In major XRP news today, XRPL reported lead in tokenized commodities rests heavily on a single Justoken energy token: RWA.xyz list...
Ethereum (ETH) Price Prediction: ETH Eyes Recovery From $2,600 as $2,666-$2,689 Becomes Resistance
Ethereum price is holding around $2,618 as buyers attempt to preserve the latest recovery, but the market is approaching a decisiv...
Ethereum Price Cracks as 3 Prediction Markets Make Their Calls
Ethereum’s latest selloff has prediction markets pulling in three different directions. Ether fell through $2,600 on Wednesday as...
BlackRock ETF clients pull $116.05 million from Ethereum fund
Investor reallocation from Ethereum to Bitcoin ETFs suggests shifting confidence and potential volatility amid changing macroecono...