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💰 El Salvador Buys The Dip Yet Again

Read how the Latin American nation is accumulating BTC, along with other stories

Hey Blockster, If you were checking our newsletters or the articles on Blockdesk last week, then you already know that the Michael Saylor-led MicroStrategy has been gradually expanding its BTC collection. However, it's not just MicroStrategy that keeps accumulating Bitcoin. El Salvador, a Latin American nation that has been celebrated in the crypto community for making Bitcoin legal tender, capitalized on today's significant market fall to purchase 150 BTC (worth approximately $32 million at the time). According to a recent tweet by Nayib Bukele, El Salvador's government bought the dip today, increasing its total Bitcoin holdings to 700 BTC, with the country's president arguing that "they can never beat you if you buy the dips." To learn more about the story as well as the current "Bitcoin situation" in El Salvador, we highly recommend checking out this exciting article on Blockdesk. Are you ready to read more stories about crypto? Take a look at the articles below that have been trending on Blockdesk over the weekend. Walmart Developing Crypto Strategy – Crypto Grocery Shopping Coming Soon? – The US-based retail giant Walmart has been experimenting with blockchain technology and cryptocurrencies for a time but hasn't shared the actual details of these projects. Now, a new job posting by the company reveals great insights about Walmart's cryptocurrency strategy. Crypto.com Enters Top 4 Exchanges by Daily Volume – Exchange Guide – When it launched, the exchange started out exclusively with its cryptocurrency-based debit card solutions. However, later on, the digital asset service provider expanded its ecosystem with a vast number of crypto services, including its exchange that has just become the top 4th solution on the market by trading volume. Could This Bull Run Last Months or More? – With numerous surprise movements in both directions – just like the major dip today –, it's hard to tell where the cryptocurrency market is heading in the future. However, analysts have a few ideas that they are keen to share with the crypto community. The Flippening: Will it Happen, and When? – After the recent London hard fork, Ethereum has introduced a deflationary token-burning mechanism for its native cryptocurrency. Since then, the demand for ETH has been increasing rapidly, which could potentially lead to the Flippening, an event in which it takes the lead from BTC to dominate the digital asset market. That's all for today. Be sure to check your inbox tomorrow, as we will come back with more exciting cryptocurrency stories! Cheers, The Blockster Team © 2021 Blockster. All rights reserved This message was sent to lelakikelasmenengah@gmail.com by info@blockster.com Queensway, Midtown, Giblartar GX11 1AA, Gibraltar Unsubscribe | Manage Subscription | Forward Email

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