Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
El Salvador's Bitcoin
President Bukele Believes Geo-Thermal Energy Can Power El Salvador’s Bitcoin Ambitions
El Salvador will utilize newly discovered geothermal resources to build a Bitcoin( BTC) mining hub in the country. Salvadoran President, Nayib Bukele, revealed this in a tweet celebrating the digging up of a well that'll provide about 95 MW of steam power. Mr. Bukele took pride in the facility, stating that it would provide 100% clean energy from the country's volcanoes. He suggested that he'd started designing a BTC mining hub around the well. I’ve just instructed the president of…
4 years ago