JP Morgan Hammers El Salvador’s Move To Embrace Bitcoin As Legal Tender

JP Morgan Hammers El Salvador’s Move To Embrace Bitcoin As Legal Tender

“JP Morgan is criticizing El Salvador’s decision to adopt Bitcoin (BTC) as a legal tender. In a report titled “The Bitcoinization of El Salvador” shared by Documenting Bitcoin on Twitter, the banking giant says that the Central American nation’s recent embrace of Bitcoin is not motivated by stability concerns. The bank adds that the move may
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Source: The Daily Hodl

This can pave way for XRP’s comeback above $1, perhaps to $1.29

“September has not been kind to XRP. Pressurized by multiple mini-crashes during the month, XRP’s 30-day ROI slipped to over 12%. With little interest from retail traders, XRP was unable to keep up pace with some of its other counterparts. However, a falling wedge pattern hoped to inject some signs

A third of Salvadorans ‘actively’ using Chivo wallet, President Bukele claims

“On Sept. 6, El Salvador became the first country to adopt BTC as legal tender, attracting both praise and criticism from the global community. Salvadoran President Nayib Bukele claims that 2.1 million of his fellow citizens are using the government-backed Chivo cryptocurrency wallet, offering a glimpse into the apparent success