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Cryptorank
MainNewsEl Salvador ...

El Salvador continues to buy Bitcoin, now holds worth $349M


Sep, 18, 2024
< 1 min read
by CryptoPolitan
El Salvador continues to buy Bitcoin, now holds worth $349M

El Salvador continues to buy more Bitcoin every day, and now holds approximately $349 Million worth of BTC. The president has been buying 1 Bitcoin daily since late 2022, with the purchases being recorded on-chain since March 2024. 

In the latest post on X, Arkham Intelligence reminded us that El Salvador is still buying Bitcoin.

Based on on-chain data, Bitcoin is the only public asset that the El Salvador Government currently holds in its cryptocurrency portfolio. The country’s government continues to buy 1 BTC regardless of the price action, with the latest purchase being made 1-day ago at a price of $61K. 

At the same time, its average purchase price currently stands at $59,358.

Read the article at CryptoPolitan

Read More

Donald Trump White House meeting with Nayib Bukele ignites Bitcoin discussion hopes

Donald Trump White House meeting with Nayib Bukele ignites Bitcoin discussion hopes

President Donald Trump has formally invited El Salvador’s President Nayib Bukele for ...
Apr, 03, 2025
2 min read
by CryptoSlate
Arthur Hayes Highlights Shift to Gold and Bitcoin Following Trump’s New Trade Order

Arthur Hayes Highlights Shift to Gold and Bitcoin Following Trump’s New Trade Order

Hayes stated that countries would shift from U.S. treasuries and stocks toward gold a...
Apr, 06, 2025
by Bitcoin News
MainNewsEl Salvador ...

El Salvador continues to buy Bitcoin, now holds worth $349M


Sep, 18, 2024
< 1 min read
by CryptoPolitan
El Salvador continues to buy Bitcoin, now holds worth $349M

El Salvador continues to buy more Bitcoin every day, and now holds approximately $349 Million worth of BTC. The president has been buying 1 Bitcoin daily since late 2022, with the purchases being recorded on-chain since March 2024. 

In the latest post on X, Arkham Intelligence reminded us that El Salvador is still buying Bitcoin.

Based on on-chain data, Bitcoin is the only public asset that the El Salvador Government currently holds in its cryptocurrency portfolio. The country’s government continues to buy 1 BTC regardless of the price action, with the latest purchase being made 1-day ago at a price of $61K. 

At the same time, its average purchase price currently stands at $59,358.

Read the article at CryptoPolitan

Read More

Donald Trump White House meeting with Nayib Bukele ignites Bitcoin discussion hopes

Donald Trump White House meeting with Nayib Bukele ignites Bitcoin discussion hopes

President Donald Trump has formally invited El Salvador’s President Nayib Bukele for ...
Apr, 03, 2025
2 min read
by CryptoSlate
Arthur Hayes Highlights Shift to Gold and Bitcoin Following Trump’s New Trade Order

Arthur Hayes Highlights Shift to Gold and Bitcoin Following Trump’s New Trade Order

Hayes stated that countries would shift from U.S. treasuries and stocks toward gold a...
Apr, 06, 2025
by Bitcoin News