El Salvador

Crypto Weekly Roundup: Bitcoin’s year in El Salvador, safe returns for Ronin, and straight talk for Celsius

Crypto Weekly Roundup: The Year of Bitcoin in El Salvador, Safe Returns for Ronin and Straight Talk for Celsius

This week is special because September 7, 2022 is the first anniversary of El Salvador formally accepting Bitcoin as legal tender – the first country in the world to do so. The day before the law went into effect, the price of Bitcoin was over $50,000. However, on Friday it cost $20,634.97 El Salvador’s Bitcoin …

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Weekly Crypto Roundup: mergers, tourist traps, and lost faith

Weekly Crypto Roundup: Mergers, Tourist Traps, and Lost Faith

The impending Ethereum testnet merger, El Salvador’s staunch belief in Bitcoin, and another falling stablecoin made for a busy week. Although the week started with losses for both Bitcoin (BTC) and Ether (ETH), on Friday Bitcoin approached $24,000, while Ether breached the $1,700 mark. The last time this happened was on June 10. A fusion …

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