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Cryptocurrency News Articles
El Salvador Keeps Stacking Sats, Accumulates 18 BTC in the Last 7 Days
Feb 11, 2025 at 03:54 am
El Salvador continues to systematically accumulate its Bitcoin reserve, making careful daily purchases of 1 BTC over the last week.
El Salvador has been adding to its Bitcoin stash daily, making small purchases of 1 BTC over the last week.
On Monday, El Salvador purchased 1 BTC at an average price of $96,344. This brings El Salvador’s total Bitcoin holdings to 6,074.18 BTC, currently valued at around $592,998,204.
El Salvador made its first Bitcoin purchase on September 7, 2021, when the cryptocurrency was trading at around $52,000. Since then, El Salvador has been gradually adding to its Bitcoin stash, making a total of 18 purchases.
El Salvador's Bitcoin purchases have been met with mixed reactions. Some people believe that El Salvador is making a risky investment, while others believe that Bitcoin will continue to appreciate in value over the long term. Only time will tell whether El Salvador's Bitcoin strategy will be successful.
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- GameStop-Themed Cryptocurrencies Rise, CEO Ryan Cohen's Picture With Strategy Co-Founder Michael Saylor Spurs Speculations
- Feb 11, 2025 at 06:41 pm
- Cryptocurrencies themed on video game retailer GameStop Corp. GME were up in the green Monday, buoyed by interest in CEO Ryan Cohen's picture with Strategy co-founder Michael Saylor.
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- Litecoin and Dogecoin ETFs Most Likely to Get Approved in 2023, Project Bloomberg Analysts
- Feb 11, 2025 at 06:41 pm
- Bloomberg senior exchange-traded fund (ETF) analysts James Seyffart and Eric Balchunas projected that Litecoin (LTC) and Dogecoin (DOGE) ETFs have the highest chances of getting approved, especially LTC ETFs.
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- Jabalpur Accident: 7 Killed, Several Injured As Bus Returning From Maha Kumbh Mela Hits Truck In MP's Jabalpur
- Feb 11, 2025 at 06:36 pm
- The accident took place at around 9.15 am on Tuesday near Mohla-Bargi on the bridge. Officials, including the Collector and Superintendent of police, have reached the site.
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- Klarna CEO Sebastian Siemiatkowski Plans to 'Embrace Crypto' Ahead of Reported US IPO
- Feb 11, 2025 at 06:36 pm
- Swedish payments giant Klarna Bank AB, which is reportedly planning a US initial public offering this year, plans to “embrace crypto,” according to a Feb. 8 post from its CEO Sebastian Siemiatkowski.
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- Dogecoin and AI: Revolutionizing Cryptocurrency with Smart Trading
- Feb 11, 2025 at 06:33 pm
- As the digital economy evolves, Dogecoin is uniquely positioned at the intersection of cryptocurrency and artificial intelligence (AI). This quirky coin, backed by a vibrant and innovative community, is exploring AI’s potential to predict market movements with extraordinary accuracy.
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- Nasdaq Files to List CoinShares XRP Exchange-Traded Fund (ETF), Underscoring Confidence in Market Structure
- Feb 11, 2025 at 06:27 pm
- In a significant development for the cryptocurrency industry, Nasdaq has submitted a request to the U.S. Securities and Exchange Commission (SEC) seeking approval to list and trade shares of the CoinShares XRP Exchange-Traded Fund (ETF).
