elsalvador
America ranks top across the globe, with a total score of 54 out of a 100.El Salvador is the country with the highest interest in Bitcoin in Latin America and places second globally.Nigeria has the highest interest in Bitcoin on the African continent, scoring 25 out of a 100.The Most Bitcoin-Obsessed CountriesEl Salvador ranks as the second most Bitcoin-obsessed county in the world, according to a new study analyzing Bitcoin keyword searches, Bitcoin ATMs per country and crypto ownership percentages per country. Q4 2022 hedge fund letters, conferences and more Lastly we obtain data on Crypto o...
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Financial services company Moody’s Corporation (NYSE:MCO) downgraded El Salvador’s debt rating by two notches, from “Caa3” to “Caa1”, due to a higher probability of default. El Salvador became the first country in the world to adopt bitcoin (BTC) as a legal tender. DowngradeQ1 2022 hedge fund letters, conferences and more According to the media outlet, the rating agency fears large material losses for investors, given the upcoming bond repayments, since El Salvador currently has a debt or non-payment of $800 million, which expires in 2023. With the adoption of BTC as legal tender, El Salvador ...
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Undoubtedly, crypto and Bitcoin have shifted the public eye in recent years. There is interest from governments about the sphere’s underpinning technology, the blockchain. Applicability in the years of doubting regulators is lukewarm. While some embrace blockchain, they still rebuff the idea of cryptocurrencies. Most governments nowadays are receptive to cryptocurrencies and strategically positioning themselves to tap extra revenue from the rapid price gains of the past few years. Q3 2021 hedge fund letters, conferences and more Less than 15 years after launching, Bitcoin is now emerging from ...
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Open Bank Project, API3, Qredo & Sovryn Form Alliance with Banco Hipotecario to Power Bitcoin Adoption in El Salvador Q3 2021 hedge fund letters, conferences and more The Next Generation Of Blockchain ApplicationsBerlin, XX October 2021 -- A new alliance between Banco Hipotecario, TESOBE \- the company behind the Open Bank Project \- API3, Qredo and Sovryn will bring forth the next generation of Blockchain applications offering open banking solutions to provide financial inclusion to all in El Salvador. El Salvador's groundbreaking Bitcoin Law entered into force on September 7, 2021, introducin...
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Bitcoin and other cryptocurrencies are still not usable for everyday commerce and transactions. Here’s how to change that. Q3 2021 hedge fund letters, conferences and more El Salvador's Bitcoin ExperimentWhen El Salvador became the first country to adopt Bitcoin as legal tender earlier this month, it was seen as a major step in cryptocurrency going mainstream. A digital currency presents incredible potential and could enable instant, convenient and cheaper transactions, especially for the roughly 70 percent of Salvadorans who don’t have access to traditional financial services. Yet, the initia...
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Today, CoinDesk, the leading resource for crypto research & data, published their highly anticipated Q3 Market Report outlining the trends driving the digital asset markets, focusing on Bitcoin, Ethereum, DeFi, and more. In all, assets generally performed well, scaling projects on Bitcoin and Ethereum thrived, institutions started paying even more attention, and politicians flexed their regulatory muscle. Q2 2021 hedge fund letters, conferences and more Key Findings:$BTC became less correlated with other macro assets like gold, bonds, and the S&P 500. It could serve as an exciting tool to hedg...
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Following is the unofficial transcript of a CNBC interview with Bridgewater Associates Founder Ray Dalio on CNBC’s “Squawk Box” (M-F, 6AM-9AM ET) today, Wednesday, September 15. Following is a link to video on CNBC.com: Q2 2021 hedge fund letters, conferences and more Ray Dalio: U.S. Spending More Than It Is EarningANDREW ROSS SORKIN: Welcome back to “Squawk Box.” We are joined now by a very special guest right here at the SALT Conference in New York City, Bridgewater Associates Founder Ray Dalio is with us. It’s great to see you in person I think for the first time in a very long time. RAY DA...
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Ahmed Shabana just wrote a Crunchbase News article about how Ethereum could surpass bitcoin in the near future. He has also mentioned that half of his net worth is invested in Ethereum. Ahmed just did an interview yesterday with Cheddar TV about Ethereum potentially surpassing Bitcoin, and about El Salvador’s adoption of Bitcoin as legal tender and what that means for the country, the crypto, and other countries that may be moving towards adoption. Q2 2021 hedge fund letters, conferences and more Ethereum Climbed More Than 400% In 2021Ethereum has already climbed more than 400% in 2021, and Ah...
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El Salvador makes history tomorrow by becoming the first country in the world to make Bitcoin official legal tender – and other nations will soon follow suit, predicts the CEO of one of the world’s largest financial advisory, asset management and fintech organisations. Q2 2021 hedge fund letters, conferences and more El Salvador Makes History By Making Bitcoin A Legal TenderThe prediction from Nigel Green, chief executive and founder of deVere Group, a game-changing financial services giant, comes ahead of Tuesday’s adoption of the cryptocurrency as national currency alongside the U.S. dollar ...
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In another move to attempt to attract young, American entrepreneurs to revitalize their nation. The government of El Salvador has officially proposed legislation that would make AMC shares legal tender, by law vendors would be forced to accept AMC shares as money. Q2 2021 hedge fund letters, conferences and more Disclaimer: This is a satirical article. Citizens React To AMC Shares Becoming Legal TenderLocal citizens have mixed reactions to the change. Juanito, a tequeño salesman says he is excited to be an investor in American companies but questions the efficiency of accepting stock shares as...
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