Search results for "EL"
2026-04-26
10:36

Michael Saylor: Bitcoin’s winter is over; institutional and sovereign adoption could fuel the next uptrend

Gate News message, April 25 — Michael Saylor, co-founder of MicroStrategy, said "winter's over" as Bitcoin climbed to approximately $78,000, signaling a shift in market sentiment. According to analyst Mati Greenspan, recent market moves since the flash crash have been corrections within a broader bull market, with Bitcoin's bottom now in place. Greenspan believes the next leg of gains will be driven by "sovereign adoption," including central banks adding BTC alongside gold to their reserves. Governments and institutions are increasingly incorporating Bitcoin into their holdings. The U.S. government currently holds approximately 300,000 BTC and has discussed establishing a strategic Bitcoin reserve. El Salvador continues making daily purchases, while the U.K. government and several U.S. state pension funds have added Bitcoin to their asset allocations.
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BTC-1,5%
06:02

El Salvador's Bitcoin holdings exceed 7,600 coins, with a total value of over $500 million.

El Salvador continues to implement its Bitcoin reserve strategy, currently holding about 7,606 Bitcoins, with a total value exceeding $500 million. The country adopts a strategy of purchasing in batches to mitigate the risks of price volatility, and despite warnings from international institutions, it actively engages in long-term investments. El Salvador's approach provides a new model for other countries, and the future price of Bitcoin will influence the success or failure of the experiment.
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BTC-1,5%
02:00

El Salvador's Bitcoin reserves increase to 7,605.37 coins, valued at approximately $506 million.

El Salvador's Bitcoin reserves have increased to 7,605.37 coins, worth approximately $506 million. Analysts point out that losses for short-term Bitcoin holders are widening, with the MVRV indicator in bear market territory. Brother Ma's losses have reached $31.3 million. Walmart's payment platform OnePay has added support for various cryptocurrencies. Gnosis and Zisk have launched an Ethereum economic zone Rollup framework.
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BTC-1,5%
ETH-2,49%
12:01

U.S. Treasury Secretary Yellen Meets with El Salvador President, Praising Their Digital Asset Center Development Initiatives

Gate News Announcement, March 9th, U.S. Secretary of the Treasury Janet Yellen posted on X platform that she met with Salvadoran President Nayib Bukele at the "Shield of the Americas" Summit held in Doral, Florida. Yellen expressed her pleasure in hearing about Bukele's efforts to promote pro-market reforms and to establish El Salvador as a digital asset hub. She emphasized that both sides will continue to collaborate to strengthen strategic cooperation in the Americas.
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