The Central American country is negotiating a $1.3 billion loan. The financial organization is making the aid conditional on changes to the Bitcoin Law, according to the Financial Times.

El Salvador, a country with just over six million inhabitants, has been the scene of several monetary experiments. In 2001, the US dollar became the sole official currency of the state. Twenty years later, on September 7, 2021, it went down in history as the first country to grant bitcoin the status of legal tender through the Bitcoin Law. This regulation allows citizens and companies to use the cryptocurrency as a means of payment and for tax purposes of mandatory acceptance in the country. It also began to accumulate bitcoin in the state reserves. That was a total revolution, at a time when bitcoin was trying to put the collapse of the TerraLuna cryptocurrency behind it and was close to marking new highs (69,000 dollars) in early November. Three years later, this revolution is languishing and the dreams of the country's crypto president, Nayib Bukele, could be reversed very soon.

The fight between Solana and Ethereum is intensifying, and neither opponent seems willing to back down. While Solana continues to demonstrate its potential as a serious rival thanks to an aggressive strategy, Ethereum maintains its position as the undisputed leader of the sector. But behind this rivalry lies a surprising trend: in 2024, Solana attracted more new crypto developers than Ethereum, marking a historic turning point in the blockchain universe.


Solana Today: By 2024, the Solana blockchain has attracted a whopping 7,625 new developers, surpassing Ethereum for the first time since 2016. With an 83% increase in new additions, Solana has capitalized on its strengths: low fees and unmatched transaction speed.

Although only a few days have passed since Bitcoin broke the magical barrier of 100 dollars per coin, the rumor on social media is now mainly focused on its possible end. This is what some users started to think after Google revealed to the world its latest quantum chip Willow with incredible computing power a few days ago, because, according to some users, it could, so to speak, kill Bitcoin. Even considering these concerns, the value of this cryptocurrency fell slightly.