$117,850.00
-0.17%$2,956.05
-0.57%$2.79
-0.96%$690.35
-0.54%$161.98
-0.39%$0.999896
0.01%$0.197188
-2.49%$0.301741
-1.13%$2,954.54
-0.58%$0.733341
1.20%$48.06
2.39%$117,826.00
-0.04%$0.432676
9.23%$3,569.86
-0.41%$3.43
-0.22%$15.35
0.12%$504.10
-3.17%$0.229059
12.44%$21.26
2.01%$9.03
-0.41%$3,168.30
-0.53%$0.00001317
-2.13%$3.00
-0.34%$2,957.17
-0.56%$0.999818
0.01%$94.53
1.15%$46.15
-1.04%$1.00
-0.04%$335.14
1.03%$3.97
-0.57%$117,960.00
-0.04%$1.001
-0.02%$0.00001218
-2.39%$4.36
-1.74%$8.44
-0.81%$304.14
0.02%$389.75
-0.96%$0.465779
-1.13%$4.95
1.05%$0.103561
-1.23%$1.18
0.01%$2.52
-0.21%$48.83
0.53%$5.42
0.80%$196.91
-0.25%$1.00
0.00%$0.894214
-0.22%$18.25
-1.12%$0.669583
4.63%$1.059
-0.01%$0.084165
-2.15%$0.999898
-0.02%$4.65
-0.80%$0.332309
-1.53%$0.232123
-1.23%$0.02422374
-0.78%$0.239243
7.11%$0.410063
1.46%$9.69
-1.89%$4.48
0.65%$3.70
0.68%$0.00002472
11.97%$15.91
-1.73%$0.711751
0.81%$0.323446
-4.04%$1.039
0.48%$2,955.73
-0.68%$2.56
-0.74%$117,963.00
0.32%$0.077922
-1.42%$112.39
-2.86%$0.02512139
10.69%$4.72
-0.20%$172.25
-0.16%$0.491029
1.10%$0.999934
-0.01%$11.39
-0.70%$0.998809
0.11%$3,099.18
-0.60%$3,370.29
-0.52%$1.49
-7.08%$1.00
-0.05%$1.87
-1.49%$1.27
-0.82%$4.30
-2.54%$1.24
-1.08%$12.43
-2.22%$0.770119
2.65%$0.01688441
-0.23%$0.071925
-0.12%$0.652449
-0.41%$0.352438
-1.99%$3,167.99
-0.63%$1.71
-2.92%$3,106.97
-0.61%$117,912.00
0.08%$1.00
-0.01%$0.534606
5.30%$12.52
1.02%$0.99985
-0.02%$3,110.51
-0.70%$0.098247
0.77%$0.962274
-0.52%$0.631022
-9.67%$117,571.00
-0.16%$1.11
0.00%$3,349.28
0.16%$0.00009603
-1.05%$690.14
-0.60%$0.156362
-1.67%$118,010.00
0.49%$3,192.98
-0.68%$0.999466
0.00%$0.643615
0.80%$0.538336
-0.42%$181.78
-0.49%$3,351.18
0.07%$2.38
-5.32%$211.67
-0.34%$0.806184
0.84%$0.204963
7.33%$0.01694971
-0.96%$2.76
1.56%$0.821418
-1.19%$0.01502425
2.31%$10.74
0.00%$21.85
-0.47%$0.294766
1.51%$111.77
0.00%$42.61
0.38%$0.119651
2.20%$1.94
-0.88%$0.00000173
1.73%$0.997905
0.01%$0.00000068
-1.82%$0.781802
0.25%$2,954.59
-0.57%$0.631135
0.59%$0.252414
0.09%$48.04
2.41%$3,174.03
-0.18%$3.91
-1.05%$1.092
-0.09%$118,155.00
1.14%$117,795.00
-0.01%$0.384858
0.34%$3,061.36
-1.40%$2,955.88
-0.54%$0.315009
1.03%$0.999507
0.04%$0.00879112
-2.63%$0.998013
0.03%$3.08
-0.57%$0.01660109
-2.44%$1.76
4.82%$117,879.00
-0.03%$0.401168
0.16%$48.05
2.43%$0.540038
-2.13%$0.054422
-5.33%$1.51
-0.25%$0.492746
-1.69%$0.524846
-0.85%$0.654667
-1.42%$26.21
-0.31%$0.101408
3.41%$0.999756
0.00%$1.00
-0.02%$2,957.11
-0.64%$0.197721
-2.15%$0.137554
-2.78%$0.999209
0.04%$0.345132
23.43%$0.430903
1.16%$0.223264
0.92%$0.00791787
-0.04%$3,142.63
-0.67%$0.602359
-0.61%$0.063251
2.17%$0.9999
0.01%$0.00448235
-1.42%$0.00000045
-0.70%$15.53
1.38%$46.85
-0.58%$6.22
-1.22%$7.61
0.24%$0.365116
1.70%$1.14
0.25%$3,261.70
-0.55%$6.48
2.81%$0.00002111
-0.74%$0.1672
-1.07%$1.32
-1.03%$2.49
-0.39%$0.00450198
2.35%$1.094
-0.01%$1.003
0.34%$117,555.00
-0.19%$0.054895
-1.74%$1.004
-0.14%$3,240.89
-0.46%$0.151123
-0.94%$0.04038883
-0.60%$0.536314
-0.53%$2,953.90
-0.54%$0.079708
3.11%$0.999975
-0.00%$1.53
-2.44%$1.34
6.16%$2,954.39
-0.67%$0.03648649
-1.51%$2,951.27
-0.44%$0.0186379
0.15%$117,594.00
-0.12%$0.354158
-0.27%$0.00674515
-1.57%$0.360271
-1.33%$1.00
0.01%$176.96
-0.47%$0.764201
4.27%$20.95
-0.14%$0.520288
-0.63%$0.00006234
-1.56%$0.232028
-1.23%$11.40
0.32%$127.21
-0.71%$0.826342
-0.67%$25.85
1.93%$3,569.45
-0.56%$1.11
-2.77%$0.00373921
-1.93%$0.755349
-0.12%$0.999518
0.01%$0.682019
0.79%$0.999513
-0.15%$21.26
1.98%$0.999259
-0.01%$0.02906073
-0.46%$0.998874
-0.26%$117,763.00
-0.46%$0.00423771
1.01%$2,366.86
-0.16%$0.085511
12.91%$0.478811
1.25%$1.02
-0.04%$17.09
-0.18%$3,090.16
-0.93%$0.284422
16.86%Reading
The Lightning Network is coming to El Salvador.
Bitcoin ATM providers Athena and Genesis Coin today announced that they were installing the technology on 100 machines across the tiny Central American country by the end of next month. The remaining machines will then have the technology installed in the first quarter of 2024.
The Lightning Network—or Lightning—is a second-layer solution which goes on top of the main Bitcoin network to allow users to send and receive the cryptocurrency quickly and cheaply. A number of wallets and crypto exchanges have it enabled.
Lightning was supposed to hit El Salvador back in 2021 via payments app Strike, which had planned to help the Salvadoran government get citizens using Bitcoin. But the company backed out of the project. Strike has since moved its headquarters to El Salvador.
Genesis Coin’s president and chief strategist Doug Carillo said in the announcement that the move will “allow Salvadorans to keep more money in their pocket and enable smaller and potentially more frequent transactions.”
Bitcoin ATMs are machines which allow users to buy and sell Bitcoin. There are 215 machines scattered around El Salvador, according to Coin ATM Radar data.
Many of the ATMs are made by Chivo, the Salvadoran government’s Bitcoin wallet brand. With Lightning installed on them, the idea is that users will be able to buy or sell crypto with smaller fees.
El Salvador made the asset legal tender in 2021. The country’s social media savvy leader, Nayib Bukele, came up with the idea and announced it at the Bitcoin 2021 conference in Miami.
Decrypt EIC Dan Roberts welcomes Laura Angel (in Mexico City), Jose Lanz (in Brazil), and contributor Mathew DiSalvo (in Colombia) to talk El Salvador and Nayib Bukele, as well as zoom out and examine the broader LatAm crypto landscape these days.
Salvadorans were gifted $30 in Bitcoin as part of the move; they received the cryptocurrency via Chivo wallets they had installed on their phones or by visiting Bitcoin ATMs.
When Decrypt visited El Salvador in 2021, not many businesses were accepting the cryptocurrency—apart from major franchises like McDonald’s and Starbucks—and Salvadorans told us that they had cashed out their free Bitcoin to pay for goods.
El Salvador President Nayib Bukele lashed out U.S. lawmakers today, angered by the Senate's decision to move ahead with a bill to examine the “potential risks” of the Central American country’s Bitcoin Law. The proposed bill, the Accountability for Cryptocurrency in El Salvador (ACES) Act, passed committee yesterday, meaning it will now move to the next step and the Senate will have to vote on it. Senators last month introduced the bill. It asks the State Department to produce a report on El S...
Although President Bukele is popular in El Salvador—and one of the most liked presidents in the region—Bitcoin hasn’t really taken off in the tiny nation, according to surveys.
Grayscale has challenged the U.S. Security and Exchange Commission’s move to pause the debut of its exchange-traded fund that holds Bitcoin, Ethereum, Solana, XRP, and Cardano, alleging its investors are “suffering harm” as a result of the hold-up. In a letter dated July 8, the asset manager urged the Securities Commission to allow its Digital Large Cap Fund to begin trading. Grayscale added that it may file a petition to force the regulator to allow its fund to begin trading as soon as possib...
SharpLink Gaming shares rose on Friday after the largest publicly traded Ethereum treasury firm said that it had acquired $30 million worth of Ethereum from the Ethereum Foundation. SharpLink’s stock was changing hands around $20 per share, a 71% gain over the past week, according to Yahoo Finance. The performance coincides with Ethereum’s climb above $3,000 for the first time in five months, a 17% gain, according to crypto data provider CoinGecko. The non-profit organization that funds research...
Stablecoin platform Agora has raised $50 million in a Series A round led by Paradigm, with additional backing from Dragonfly Capital, as it seeks to capitalize on growing interest in the potentially lucrative sector. The funding will support the expansion of Agora’s all-in-one system for issuing and managing stablecoins, as well as the introduction of its new white-labeled stablecoin product, the company announced Thursday. The raise comes as the U.S. Congress is considering stablecoin legislati...
