Nayib Bukele
El Salvador to Raise $1B via 10-Yr 'Bitcoin Bond' in Partnership With Blockstream
El Salvador President Nayib Bukele announced he would create an entire new city based on bitcoin and also issue a $1 billion "bitcoin bond" with Blockstream. Yet, bitcoin's price has since retreated and is down over 5% on the day. "What Bitcoin Did" Host Peter McCormack discusses his thoughts on the bitcoin bonds and why he's "not surprised" that "Bitcoin City" did not boost BTC's price.
Bitcoin Struggles at $60K Resistance, Support Above $53K
BitBull Capital CEO Joe DiPasquale discusses his crypto markets analysis and outlook as upsides look limited for bitcoin around the $60,000 resistance level. Plus, his reactions to El Salvador's "Bitcoin City" announcement and U.S. President Joe Biden nominating Jerome Powell as Federal Reserve Chairman for a second term.
El Salvador to Create ‘Bitcoin City,’ Use $500M of Planned $1B Bond Offering to Buy More Crypto
El Salvador plans to build “Bitcoin City,” an entire city based on bitcoin located along the Gulf of Fonseca near a volcano. President Nayib Bukele also said he plans on issuing a $1 billion “bitcoin bond,” a tokenized financial instrument developed by Blockstream on the Liquid Network.
Junk-Rated El Salvador’s ‘Bitcoin Bonds’ Look Explosive (Think Volcano)
Anyone buying Salvador’s bitcoin-backed bond is betting on the cryptocurrency in a very big way, ignoring the country’s distressed-debt situation, one strategist said.
El Salvador to Create ‘Bitcoin City,’ Use $500M of Planned $1B Bond Offering to Buy More Crypto
The issuance of the tokenized bond, which was developed by Blockstream, will be processed by Bitfinex.
Hackers roban identidades con el sistema de verificación de la Chivo Wallet en El Salvador
Cientos de salvadoreños dicen que hackers han abierto billeteras digitales Chivo con sus números de identificación para cobrar el bono de $30 en bitcoin ofrecido por el gobierno de Nayib Bukele.
Identity Thieves Exploit El Salvador’s Chivo Bitcoin Wallet’s Setup Process
Hundreds of Salvadorans have reported identity thefts, saying hackers opened Chivo Wallets with their ID numbers to claim the $30 bitcoin incentive dangled by Nayib Bukele's government. "The Hash" hosts discuss the latest development in El Salvador's rollout of bitcoin as legal tender.
Bitcoin Back Over $60K as El Salvador Buys 420 BTC
After a swoon in recent days, the largest cryptocurrency bounced back after the Central American country bought the dip.
El Salvador Mines First Bitcoin With Volcanic Energy
“The Hash” team reacts to El Salvador President Nayib Bukele, revealing the country has officially mined the first bitcoin using volcanic energy. With almost 22% of the country’s energy supply coming from geothermal sources, could El Salvador provide an answer to the hunt for a reliable, clean energy source to power bitcoin mining?
El Salvador’s Bitcoin Volcano Can Be a Model for Cleaner Crypto
The Central American nation is taking its first steps to harness massive natural power sources to mine Bitcoin. The impacts could stretch far beyond the world of crypto.
