Nayib Bukele

Samson Mow said that Bitcoin (CRYPTO: BTC) could reach a staggering $3 million per coin in the next 10 years, based on an annual growth rate of 60%. What Happened: In a conversation with Benzinga, Bitcoin advocate Mow, emphasized his belief in its uniqueness and the growing institutional demand for...

El Salvador President Nayib Bukele appeared to respond eagerly to Starlink‘s arrival in his country. SpaceX’s satellite internet is now available in more than 50 countries across the globe. What Happened: Elon Musk-led SpaceX’s Starlink is now available in El Salvador in Central...

El Salvador President Nayib Bukele wished filmmaker Max Keiser by gifting him a special Bitcoin (CRYPTO: BTC) birthday cake. What Happened: Bukele on Tuesday tagged financial rating agency Fitch on Twitter and asked them to downgrade the rating of El Salvador as it purchased a Bitcoin cake for...

El Salvador President Nayib Bukele took a dig at legacy international news outlets for their reports about the country's debt situation. What Happened: Bukele said legacy international news outlets incorrectly blamed El Salvador's debt situation on its Bitcoin (CRYPTO: BTC)...

The El Salvador Legislative Assembly has unanimously approved a law regulating the issuance of digital assets, opening up the possibility of issuing government-backed Bitcoin (CRYPTO: BTC) bonds.  What Happened: This legal framework, championed by President Nayib Bukele, will enable El...

El Salvador President Nayib Bukele and Tron cryptocurrency founder Justin Sun plan to accumulate one Bitcoin (CRYPTO: BTC) every day, notwithstanding the possibility of a prolonged crypto winter. “We are buying one #Bitcoin every day starting tomorrow,” Bukele tweeted. Sun, who is also...

Nayib Bukele, the president of El Salvador, on Twitter announced buying one Bitcoin (CRYPTO: BTC) each day starting Nov.18. This comes at a time when FTX (CRYPTO: FTT) collapsed fanning fears about the future of the cryptocurrency industry. What Happened: Bukele is a staunch supporter of...

Prominent economist Nouriel Roubini has said Nayib Bukele, the President of El Salvador, has bankrupted his country despite better advice from the International Monetary Fund and other organizations and that he should be in jail for the rest of his life. “El...

Most people in El Salvador are not fans of Bitcoin (CRYPTO: BTC). According to a survey conducted by José Simeón Caas Central American University in El Salvador, about 77.1% of respondents consider Bitcoin adoption 14 months ago as legal tender, alongside the dollar, "to...

By Tereza Bízková On January 1, Nayib Bukele, the president of El Salvador, shared his predictions on Bitcoin (CRYPTO: BTC) for the year. Will reach $100k, Bitcoin City will commence construction, and Volcano bonds will be oversubscribed were some of the points shared in his...

In June 2021, El Salvador became the first country to make cryptocurrency Bitcoin (CRYPTO: BTC) legal tender. The move was supported by the country’s President Nayib Bukele, a vocal Bitcoin bull. Here’s the latest on Bukele and the performance of Bitcoin since the landmark event. What...

El Salvador’s President Nayib Bukele announced today that the nation has acquired an additional 80 Bitcoin (CRYPTO: BTC) at an average price of $19,000 each. What Happened: In a tweet on Thursday, Bukele shared screenshots of a series of incremental BTC purchases on June 30. El Salvador...

On June 9, 2021, the Central American nation of El Salvador became the first country in the world to adopt Bitcoin (CRYPTO: BTC) as legal tender. The move meant that Salvadoran residents could pay taxes in the apex coin and use it for transactions while making purchases. At the time, President...

The world's first cryptocurrency, Bitcoin (CRYPTO: BTC), is seeing great interest from market participants, as clearly shown by market data. What Happened: Bitcoin's perpetual futures contract 24-hour volume reached a 2-year high of $13,044 million, according to a...

El Salvador's president Nayib Bukele decided to buy the Bitcoin (CRYPTO: BTC) dip and acquire 500 BTC, setting an example that was followed by another prominent industry figure. What Happened: In a Tuesday tweet, Tron (CRYPTO: TRX) founder Justin Sun...