WorldPingBitcoin Magazine El Salvador Isn’t Buying Bitcoin With Public Money, Says IMF El Salvador apparently received bitcoin from private donors rather than using government funds, according to the International Monetary Fund.
This is a short WorldPing brief. The full report was published by Bitcoin Magazine.
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WorldPingAfter the second and third reviews of a $1.4 billion ongoing extended fund facility, the IMF reported that it had reviewed documentation linking El Salvador’s bitcoin purchases to private donations.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingExisting fixed debt keeps its terms, while future BitBonds must clear a materially higher funding hurdle.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingA year ago the fund claimed the total had not moved, and that the reserve was only shuffling coins between government wallets.
Brief by WorldPing · Original reporting by Decrypt
WorldPingThe US economy added far more jobs than expected in August, pressuring Bitcoin lower as traders repriced the odds of a Federal Reserve rate cut this month.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingPolicymakers will have CPI but not official August PCE when they decide, leaving a second market test on Sept. 30.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingBitcoin erased its 24-hour gains after peaking at $82,281, plunging below $78,700 before stabilizing near $79,500. Its market cap fell from $1.62 trillion to $1.57 trillion.
Brief by WorldPing · Original reporting by Bitcoin.com
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