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El Salvador Buys $15 Million Worth Of Bitcoin ‘Really Cheap,’ President Crows, As Selloff Continues

El Salvador Buys $15 Million Worth Of Bitcoin ‘Really Cheap,’ President Crows, As Selloff Continues

Share to FacebookShare to TwitterShare to LinkedinTopline El Salvador, the first country to adopt bitcoin as legal tender, purchased 410 bitcoin for $15 million Friday with the currency trading at its lowest point in six months, President Nayib Bukele announced on Twitter. Salvadoran President Nayib Bukele speaks during the inauguration of the ISA World Surfing…

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Cryptocurrency Price Check: Regulators in Europe Crack Down

Cryptocurrency prices were down Tuesday as Britain said it planned to crack down on misleading advertisements for cryptoassets. The finance ministry said that about 2.3 million people in Britain now own crypto asset, Reuters reported. But the ministry said research suggested that understanding of the sector is declining, which means some users may not fully understand what they…