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Survey: Only 7.5% of Salvadorans Use Bitcoin for Transactions

Only 7.5% of Salvadorans use Bitcoin for transactions, highlighting limited adoption despite its status as legal tender since 2021.President Bukele aims for financial independence by 2025 through a self-financed budget, reducing El Salvador’s reliance on foreign debt. Francisco Gavidia University in El Salvador has performed a survey that shows a notable discrepancy between the nation’s...

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Bitcoin and Gold in One ETF: A Strategic Inflation Hedge for Volatile Markets Launched

Fund issuer Stacked has launched an STKD Bitcoin and Gold ETF, an innovative product that merges two of the most significant players in global finance.The STKD Bitcoin & Gold ETF represents an important innovation for investors seeking a solid, well-balanced diversification strategy and a diverse portfolio. After five years of spirited resistance by the Securities...

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Asian Private Wealth Sees Crypto Boom, Bitcoin Expected to Hit $100K by Year-End

Estimates from Aspen Digital state that 76% of private wealth managers in Asia have ventured into the cryptocurrency space, while another 16% are still considering investments.The primary motivation for this shift is the potential for higher returns, but an increasing number of respondents are also attracted to the diversification benefit. Aspen Digital, an innovative digital...

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