{"id":813109,"date":"2024-12-19T22:19:01","date_gmt":"2024-12-20T04:19:01","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2024\/12\/19\/el-salvador-adds-1m-worth-of-bitcoin-to-its-reserve\/"},"modified":"2024-12-19T22:19:01","modified_gmt":"2024-12-20T04:19:01","slug":"el-salvador-adds-1m-worth-of-bitcoin-to-its-reserve","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2024\/12\/19\/el-salvador-adds-1m-worth-of-bitcoin-to-its-reserve\/","title":{"rendered":"El Salvador Adds $1M Worth of Bitcoin to Its Reserve"},"content":{"rendered":"<div id=\"main-content-row\">\n<div>\n<figure><img width=\"1200\" height=\"628\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2024\/11\/25194805\/El-Salvadors-President-Weighs-In-Renting-Volcanoes-To-Mine-Bitcoin-2.webp\" alt=\"El Salvador\u2019s President Weighs In Renting Volcanoes To Mine Bitcoin\" data-main-img=\"1\" decoding=\"async\" fetchpriority=\"high\"  ><\/figure>\n<\/div>\n<div id=\"the-post\">\n<p>El Salvador has added 11 Bitcoins worth $1.07 million to its Strategic Bitcoin Reserve, increasing its total to 5,980 BTC. The purchase, made at 8:07 AM UTC+8, aligns with the nation\u2019s strategy to leverage cryptocurrency for economic growth and financial inclusion. While supporters view Bitcoin as a hedge against inflation, critics highlight its volatility. Despite differing opinions, El Salvador remains committed to its Bitcoin reserve strategy, signaling confidence in the asset\u2019s long-term potential and aiming to strengthen its global position in the cryptocurrency market.<\/p>\n<\/div>\n<div>\n<h2>We&#8217;d Love to Hear Your Thoughts on This Article!<\/h2>\n<div>\n<h4>Was this writing helpful?<\/h4>\n<\/div>\n<\/div><\/div>\n<p><a href=\"https:\/\/coinpedia.org\/crypto-live-news\/el-salvador-adds-1m-worth-of-bitcoin-to-its-reserve\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Qadir AK<\/p>\n","protected":false},"excerpt":{"rendered":"<p>El Salvador has added 11 Bitcoins worth $1.07 million to its Strategic Bitcoin Reserve, increasing its total to 5,980 BTC. The purchase, made at 8:07 AM UTC+8, aligns with the nation\u2019s strategy to leverage cryptocurrency for economic growth and financial inclusion. While supporters view Bitcoin as a hedge against inflation, critics highlight its volatility. Despite<\/p>\n","protected":false},"author":1,"featured_media":813110,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3962,3570],"tags":[],"class_list":{"0":"post-813109","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-salvador","8":"category-worth"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/813109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=813109"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/813109\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/813110"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=813109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=813109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=813109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}