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El Salvador

El Salvador's Bonds Skyrocket Amid Bitcoin's 2023 Rally
Video
Cdtv
El Salvador's Bonds Skyrocket Amid Bitcoin's 2023 Rally
Since Fitch downgraded El Salvador’s debt rating in September 2022 with a prediction of a debt default in January 2023, the country’s junk-rated bonds have skyrocketed, mirror...
El Salvador's Bonds Skyrocket Amid Bitcoin's 2023 Rally
By CoinDesk Staff
Jul 20, 2023 at 5:17 p.m. UTC
Jul 20, 2023
cdtvChartDay_SponsorEl SalvadorFitch
El Salvador President Nayib Bukele (Handout/ Getty Images)
Markets
El salvador
El Salvador's Bonds Surge 62% Amid Bitcoin's ETF-Driven Rally
El Salvador’s bonds due in 2027 have gained 62% in the last six months as the country finds itself on a better financial footing.
El Salvador President Nayib Bukele (Handout/ Getty Images)
By Sam Reynolds
Jul 20, 2023 at 8:29 a.m. UTC
Jul 20, 2023
El SalvadorEl Salvador Bitcoin LawNayib Bukele
El Salvador's Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine
Video
Cdtv
El Salvador's Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine
Volcano Energy announced $1 billion in commitments to build a 241 megawatt (MW) bitcoin mine in the Metapán region of El Salvador, according to a Monday press release on Twitt...
El Salvador's Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine
By CoinDesk Staff
Jun 5, 2023 at 5:35 p.m. UTC
Jun 5, 2023
cdtvHash clipTetherEl SalvadorVolcano energy
The top of the City Hall of Santa Ana city, El Salvador. (Getty Images)
Finance
El salvador
El Salvador's Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine
Stablecoin issuer Tether is among the investors in the new bitcoin mining site powered by solar and wind energy in El Salvador.
The top of the City Hall of Santa Ana city, El Salvador. (Getty Images)
By Eliza Gkritsi
Jun 5, 2023 at 2:13 p.m. UTC
Jun 5, 2023
El SalvadorBitcoin MiningRenewable EnergyMining Centersinvestment
Strike CEO Jack Mallers announcing Strike’s El Salvador headquarters at Bitcoin 2023. (Frederick Munawa)
Finance
Bitcoin
Bitcoin Payments Firm Strike’s Headquarters to Stay in U.S., Despite New El Salvador Office
The company established a headquarters in El Salvador for its global entity as it expanded its app to more than 65 countries last week.
Strike CEO Jack Mallers announcing Strike’s El Salvador headquarters at Bitcoin 2023. (Frederick Munawa)
By Frederick Munawa
May 24, 2023 at 4:29 p.m. UTC
May 24, 2023
BitcoinStrikeJack MallersEl SalvadorSEC
El Salvador. (Esaú González, Unsplash)
Technology
Bitcoin
Bitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees
The firm says El Salvador will serve as its base for operations in Latin America.
El Salvador. (Esaú González, Unsplash)
By Frederick Munawa
May 15, 2023 at 5:17 p.m. UTC
May 15, 2023
BitcoinEl SalvadorFold AppBrc 20
Bitcoin in El Salvador Is 'No Longer an Experiment': Asobitcoin President
Video
Cdtv
Bitcoin in El Salvador Is 'No Longer an Experiment': Asobitcoin President
Bitcoin transaction fees are, on average $20 per transaction and it surged to as high as $30 on Wednesday morning on the rising popularity of BRC-20 tokens. Asobitcoin Preside...
Bitcoin in El Salvador Is 'No Longer an Experiment': Asobitcoin President
By CoinDesk Inc
May 10, 2023 at 2:34 p.m. UTC
May 10, 2023
cdtvFM ClipEl SalvadorSocial_ClipWill hernandezAsobitcoinBrc 20
What Surging Bitcoin Transaction Fees Mean for Users in El Salvador
Video
Cdtv
What Surging Bitcoin Transaction Fees Mean for Users in El Salvador
Increasing activities on the Bitcoin network have pushed the average transaction fee to a 2-year high, according to data from BitInfoCharts. Asobitcoin President Will Hernande...
What Surging Bitcoin Transaction Fees Mean for Users in El Salvador
By CoinDesk Inc
May 10, 2023 at 2:23 p.m. UTC
May 10, 2023
cdtvFM ClipEl SalvadorWill hernandezAsobitcoinBitinfocharts
How Bitcoin Beach’s Pioneering Circular Economy Aims to Make a Global Impact
Video
Cdtv
How Bitcoin Beach’s Pioneering Circular Economy Aims to Make a Global Impact
Bitcoin Beach is a coastal community in El Salvador that has garnered over 3,000 bitcoin users, including more than 500 families and 120 businesses. The project's director Mik...
How Bitcoin Beach’s Pioneering Circular Economy Aims to Make a Global Impact
By CoinDesk Inc
Apr 17, 2023 at 8:01 p.m. UTC
Apr 17, 2023
cdtvaab clipBitcoin BeachEl SalvadorCrypto projects 23Mike peterson
(Rachel Sun/CoinDesk)
Consensus Magazine
Bitcoin
Bitcoin Beach’s Pioneering Circular Economy Is Making a Global Impact
This Salvadorean coastal community has garnered over 3,000 bitcoin users including more than 500 families and 120 businesses. Its adoption model is now being replicated around...
(Rachel Sun/CoinDesk)
By Frederick Munawa
Apr 17, 2023 at 12:07 p.m. UTC
Apr 17, 2023
BitcoinEl SalvadorBitcoin BeachCrypto projects 23