El Salvador Snatches Up More Bitcoin At A Massive Discount As Its BTC Stash Expands

Af ZyCrypto - 2 år siden - Læsetid: 2 minutter

El Salvador Snatches Up More Bitcoin At A Massive Discount As Its BTC Stash Expands

President Nayib Bukele announced on Friday his country’s latest purchase of 100 BTC as Bitcoin’s price nosedived to levels last seen in October.

“El Salvador har lige købt dippen. 100 ekstra mønter erhvervet med rabat” Han tweetede.

Selvom Bukele ikke bekræftede, hvor de midler, der blev brugt til købet kom fra, annoncerede hans regering i sidste uge, at den vil tildele 500 millioner dollars, hvilket er halvdelen af ​​en $1 Billion tokenized bond created with the help of  Blockstream to purchase more Bitcoin.

Interessant nok faldt det seneste køb sammen med "Black Friday", en dag, der normalt følger efter Thanksgiving-ferien i USA og traditionelt ses som "markering af starten på juleshopping".

Det er femte gang, at El Salvador foretager et køb, selvom Bukeles appetit på det sjældne aktiv fortsætter med at vokse med det seneste indtog, hvilket betyder, at landet nu har over 1,220 mønter i kassen. 

Pundits Still Eyeing $53,000 – Whales Keep Stacking

The latest purchase does not however come without its share of criticism and skepticism from various market observers. Gold-fanatic Peter Schiff expressed his disapproval at Bukele’s Bitcoin purchases saying that it was unfortunate for the people of El Salvador. "Jeg spekulerer på, hvor mange flere dips de vil købe, før de reducerer deres tab og sælger?" spurgte han.

Fra et teknisk synspunkt har andre markedsanalytikere regnet med det Bitcoin’s price could push lower, citing $53,000 as a psychological area hvorefter de er villige til at købe aktivet. "Charts af interesse for mig Jeg er interesseret i at købe BTC omkring $53,000 og ETH omkring $4,030," Den kendte markedsanalytiker Peter Bradt siger.

Even then, the latest dip has not only caught Bukele’s attention. In the last 24 hours, the third-largest Bitcoin wallet has added 991 more BTC with whales having increased their stashes by 7761 BTC in the last two weeks. This has also been the most aggressive accumulation since July sell-of.

Bitcoin Price Faces Strain But Offers a Better Discount 

I de sidste to uger, Bitcoin has been the victim of various strains siden nåede et rekordhøjt niveau på $68,508 i midten af ​​november.

Friday’s bloodshed which saw over $600 million liquidated as Bitcoin lost over $5000 in under 24 hours is seen as having been further fuelled by a new coronavirus variant named Omicron classed as “of concern” by WHO.

The shock was witnessed across major stocks with the S&P 500 index plunging hard as fresh fears of an economic beatdown hit the markets. At press time, Bitcoin price is exchanging hands in the $55,145 range, having shed over 9% in the last 24 hours and over 22% since tapping an ATH.

Oprindelig kilde: ZyCrypto