El Salvador Buys 500 Bitcoin Amid Market Slump
The first country to have adopted Bitcoin as legal tender has taken advantage of the sharp decrease in the asset’s price today. Dedicated Dollar-Cost Averaging El Salvador has bought the...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Crypto BriefingRelated market context
Morgan Stanley Bitcoin ETF Nearly Notches $400M in Assets
Bitcoin Magazine Morgan Stanley Bitcoin ETF Nearly Notches $400M in Assets Wall Street giant Morgan Stanley Bitcoin exchange-trade...
Poolin Files Chapter 11 As Bitcoin Miner Moves Toward $52M Asset Sale
Poolin Technology has filed for Chapter 11 bankruptcy protection, setting up an orderly wind-down and asset sale process tied to i...
Multi-trillion-dollar offshore engine driving 90% of crypto trading arrives in America – and CME is suing to crush it
Coinbase began offering US perpetual-style futures on its CFTC-regulated derivatives exchange, starting with nano Bitcoin and Ethe...
Cash App removes all fees on large Bitcoin purchases and recurring buys
Cash App eliminates all fees and spreads on Bitcoin purchases over $2,000 and recurring buys, positioning itself as the cheapest o...
5 Years After the Bitcoin Law, Crypto Accounts for Just 0.7% of El Salvador’s $5B Remittance Market
The Central Bank of El Salvador reported that cryptocurrency remittances failed to reach up to 1% of all volumes received during t...
Inter Miami signs Casemiro as club’s crypto sponsorship history raises questions about digital asset plays in MLS
Casemiro joins Inter Miami to debut against CF Montral. The club's crypto sponsorship history makes this MLS signing relevant for...