QUICK BREAKDOWN El Salvador holds over 6,000 BTC, giving its El Salvador crypto reserve a strong chance to reach the $1 billion mark if Bitcoin rallies or more purchases are made. Prediction markets show rising optimism, with odds hovering around 40–43%, boosted by Bukele’s signalling and global speculation. Risks remain ...
Bitget has secured full licensing in El Salvador for its crypto services. The cryptocurrency exchange has received a digital asset service provider license from El Salvador’s National Commission of Digital Assets. This new license follows an earlier approval for a Bitcoin services provider license that Bitget received in 2024. According ...
Volcano Energy, a public-private partnership in El Salvador, has secured an initial funding of $250 million for its ambitious Bitcoin mining project. This funding is part of a $1 billion commitment to construct a state-of-the-art mining farm in the country. Max Keiser, the chairman of Volcano Energy, took to Twitter ...
More Latin American countries are exploring the possibility of adopting Bitcoin as legal tender following El Salvador's recent move despite rising transaction costs. According to strategist Samson Mow, who helped drive the adoption of crypto in El Salvador, other countries in the region, such as Ecuador, Peru, and Mexico, are ...
