Since El Salvador adopted Bitcoin as legal last September, there has been speculation on which countries in the region would follow suit.
The president of El Salvador has expressed surprise after the bill received passage.
Analysts believe that the crypto market could suffer some consequences if Fed Chair Powell follows through and raises interest rates.
El Salvador’s $1 billion Bitcoin bond shall be backed by the country’s volcanos that generate large geothermal energy.
The SEC has unsurprisingly extended its deadline on a decision to approve or disapprove two more spot Bitcoin ETF applications.
Bitcoin price has continued to make higher highs and now has higher lows on the monthly US dollar derivative.
Some of the crypto immigrants have noted that moving to Portugal presents great opportunities.
Kiyosaki tweeted on Monday that the Biden government and the Federal Reserve plan for inflation to trade-off trillions in debt.
Bitcoin seems to have already factored in the Fed rate hike which had little effect on its price post Wednesday’s announcement. Bitcoin bulls and bears are in for a thought fight ahead of Friday’s options expiry.
The President of Ukraine signed a law officially recognizing crypto, as part of financial efforts to withstand the assault from Russian forces.
Crypto funds are seeing renewed inflows once again with millions of dollars pouring into new crypto funds over the last two weeks despite the Russia-Ukraine conflict.
This is the first case when a crypto exchange is offering help to a public financial institution.
While speaking about the most pressing issue of inflation, Elon Musk said that it would be better to own physical things like home or stock, but added that he would continue to hold his crypto.
Wozniak is not the only notable person to have predicted that the bitcoin pass will hit the $100,000 mark.
El Salvador is most likely to launch its Bitcoin bonds ahead this week. Here are some of things that investors willing to participate should consider beforehand.