El Salvador plans to establish a ‘Bitcoin City’ fueled by cryptocurrencies.

THE RIGHT TO BE FREE: El Salvador President Nayib Bukele announced that his government will create an oceanside “Bitcoin City” at the base of a volcano in a rock concert-like setting. Bukele used a Saturday night gathering of Bitcoin enthusiasts to announce his latest idea, similar to how he used a video message at a … Read more

El Salvador buys 420 bitcoins, bringing the price of bitcoin back above $60,000.

The largest cryptocurrency rallied back after a recent collapse, as the Central American country bought the dip. Bitcoin is making a comeback, trading at over $61,000, up 4% in the last 24 hours. The government of El Salvador made a statement on Wednesday that it had bought more bitcoin for its official account. El Salvador’s … Read more