El Salvador revives Chivo wallet with plans to install 1,500 Bitcoin ATMs
El Salvador has relaunched its in-house Chivo wallet in a bid to overcome the current issues associated with Bitcoin transactions in the country. Will the AlphaPoint Integration Suffice the current situation The upgraded Chivo wallet is supposed to carry out immediate low-fee Bitcoin transactions while addressing concerns about reliability and scalability thanks to AlphaPoint integration. […]
El Salvador’s President sees a ‘gigantic bitcoin price increase’ soon
El Salvador’s president still sees a bright light at the end of the tunnel for Bitcoin even though the cryptocurrency has been having a recent up and down movement in price. Despite a recent slowdown in market activity, El Salvadoran President Nayib Bukele is bullish about Bitcoin. Bitcoin was trading at $37,227 at the time […]
El Salvador’s Chivo wallet continues to fail, and users are looking for answers
Over the past month, there has been a range of complaints about Chivo on social media. While many people spent the holidays with friends and family, at least dozens of people in El Salvador were chasing down customer support for their government-provided bitcoin wallets — and tweeting about it. Sometime between November and December, the […]
Dogecoin Co-Founder Welcomes El Salvador President to McDonald’s
President of El Salvador, Nayib Bukele, has sparked up comments from both friends and foes after he uploaded a photoshopped picture of himself dressed in a McDonald’s uniform. His self-deprecating post went viral, garnering over 88,700 likes and a slew of celebrity comments. Billy Markus, a co-founder of Dogecoin, welcomed Bukele to the “McDonald’s club.” […]
El Salvador adds 410 Bitcoin to its treasury at the cheapest rates ever
El Salvador has added 410 Bitcoin (BTC) to its reserve at approximately $36,585 per BTC and a total of $15 million. This is the cheapest rate the country has ever bought as BTC values fall below $37,000. President Nayib Bukele revealed the latest contribution to El Salvador’s BTC reserve , confirming that 410 BTC were […]