Tumbling bitcoin overshadows El Salvador's crypto conference

France Nouvelles Nouvelles

Tumbling bitcoin overshadows El Salvador's crypto conference
France Dernières Nouvelles,France Actualités
  • 📰 Reuters
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

El Salvador's long-awaited bitcoin conference, which was in the limelight in 2021 after the small nation became the world's first to adopt the cryptocurrency as legal tender, has lost its luster this time amid a deep rout in the digital currency universe.

The absence of big names from the bitcoin world and empty seats were noticeable at "Adopting Bitcoin: A Lightning Summit in El Salvador," which began Tuesday and ends Thursday in the capital of San Salvador.

Like other cryptocurrencies, bitcoin fell sharply over the year as U.S. Federal Reserve interest rate hikes and ultra-high inflation prompted investors to ditch riskier assets.of crypto exchange FTX, now trading around $16,600, from an all-time high of nearly $69,000 in November last year.

"El Salvador will become the financial and tech center of Central America. The noise won't distract the builders," Ardoino added after meeting with El Salvador President Nayib Bukele.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Reuters /  🏆 2. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

EURUSD could retrace the majority of the 2021-2022 decline – BofAEURUSD could retrace the majority of the 2021-2022 decline – BofAEconomists at the Bank of America Global Research discuss EURUSD's technical outlook. In their view, a dip towards parity followed by a bounce to 1.03
Lire la suite »

Remarkably, Justin Fields is running ahead of the QB draft class of 2021 | Michael AraceRemarkably, Justin Fields is running ahead of the QB draft class of 2021 | Michael AraceFormer Ohio State quarterback Justin Fields is running his way into the record books with the Chicago Bears. Does he merit NFL MVP votes?
Lire la suite »

East Bay man pleads no contest for felony DUI in 2021 Bixby Bridge crashEast Bay man pleads no contest for felony DUI in 2021 Bixby Bridge crashA Lafayette man pled no contest to a felony DUI causing injury Monday regarding a two-vehicle collision on Bixby Creek Bridge in Big Sur last year that resulted in bodily injury to multiple victims…
Lire la suite »

US home births in 2021 rose to highest level in decades, CDC report saysUS home births in 2021 rose to highest level in decades, CDC report saysAmong almost 4 million U.S. births in 2021, nearly 52,000 occurred at home — an increase of about 12% from the previous year, the CDC said.
Lire la suite »

Darrell Brooks sentenced to life in prison for 2021 Waukesha Christmas parade attack | CNNDarrell Brooks sentenced to life in prison for 2021 Waukesha Christmas parade attack | CNNDarrell Brooks was sentenced to life in prison without the possibility of extended supervision on Wednesday for driving his SUV into a crowd of Christmas parade attendees in Waukesha, Wisconsin, last November, killing six people and wounding dozens more.
Lire la suite »

Pete Davidson jokes about Kim Kardashian rejecting him at 2021 Met GalaPete Davidson jokes about Kim Kardashian rejecting him at 2021 Met Gala“Remember when I asked for your number at the last Met, and you pretended you couldn’t give it to me because you had gloves on?” the comedian asks.
Lire la suite »



Render Time: 2025-03-12 19:27:36