It has a circulating supply of 19 million BTC, a maximum supply of 21 million BTC, and the current market cap is ranked #1.
Despite the addition of $100.4 worth of BTC which is equivalent to 2,500 BTC that was added to Luna Foundation Guard , the non-profit organization attached to Terra and bringing LFG’s total value of BTC held in its reserve to $1.72 billion, the bears still prevailed over the bulls as of the time of writing.
Historically, that was the most violent 24-hours in almost 30 years in El Salvador which led the country’s parliament to approve a state of emergency on March 27th.
Due to this unforeseen circumstance, President Nayib Bukele wrote a letter stating he would be absent for the Bitcoin 2022 Conference held in April because his nation needed his presence.
She revealed that Bitcoin will solve the financial challenge of the Mexicans and that she and Samson Mow, the former Chief Strategy Officer of Blockstream will have a meeting to discuss the introduction of Bitcoin as legal tender in the country.
The minister wishes his country to be hard on criminal activities in the blockchain space and wants his country to be the hub for blockchain innovation with an emphasis on all advantages of a legitimate industry that will bring attractive regulations.
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