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Ceasefire deal fuels stock market optimism in India and Pakistan
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Ceasefire deal fuels stock market optimism in India and Pakistan
Stocks in Pakistan and India surged on Monday following a ceasefire agreement between the two nuclear-armed neighbors on Saturday. Pakistan’s KSE-30 Index jumped by 9.2%, while India’s Nifty 500 Index soared as much as 3%.
On Friday, investors got nervous as the Nifty dropped more than 1%, its steepest fall in over a month. The Indian rupee was also one of Asia’s worst performers last week.
India’s bond yields surged as risk premiums widened, although debt purchases by the Reserve Bank of India helped mitigate the drop. Pakistan’s KSE-30 Index slid 9% since the April 22 attack in Kashmir, which prompted India to retaliate.
Pakistan and Indian stocks soar following ceasefire agreement
Pakistan’s stock benchmark, the KSE-30 Index, soared more than 9.2%, the most since 2008, triggering a one-hour halt in trading. The NSE Nifty 50 Index also surged as much as 3% in Mumbai.
Stocks in both countries jumped after a ceasefire deal between the two nuclear-armed nations on Saturday.
Ali Raza, head of international trading at BMA Capital Management Ltd., argued that investor focus is expected to return to accelerating economic reforms following the easing of war tensions.
“Given how quickly things were escalating last week, the developments over the weekend are a move in the positive direction. The focus could return to the Indian growth story.”
-Vivek Dhawan, Fund Manager at Candriam.
Dhawan also noted that India’s positive economic signals suggest that foreign investors, who had been on a near 3-week buying streak until Friday, may resume inflows. He also sees increased inflows from prospects of an early U.S. trade deal, ample liquidity, and anticipated interest rate cuts.
The fund manager also argued that traders in Pakistan expect the country’s economic reforms to regain focus as border tensions had exceeded a surprise interest-rate cut by the State Bank of Pakistan and prospects for additional IMF funding. The IMF approved $1 billion on Friday in immediate disbursement and a new $1.4 billion plan for climate resilience.
Raza from BMA Capital Management also noted that the SBP’s recent cut, previously overshadowed, and dual loan disbursement by the IMF, will come back into play after easing war tensions.
The Indian rupee surged by 0.9% versus the dollar in the offshore market. The country’s bonds and currency markets are closed on Monday for a public holiday. The National Stock Exchange of India Ltd.’s volatility gauge also dropped to 17.2, its lowest since April 30. The top five traded Nifty 50 options were all bullish, with May 24,600-rupee calls expiring Thursday clocking the highest volume.
The threat of renewed war tensions still looms, as India has yet to lift its abeyance on the Indus Water Treaty, a move that could harm a large part of Pakistan’s farm output. It was also alleged that a top Indian diplomat said that Pakistan violated the truce just hours after it was declared, a claim Pakistan has denied.
Tejas Shah, head of derivatives trading at Equirus Securities, believes there is still some uncertainty around the pause in fighting. He also argued that language from both sides will be important to monitor. Shar acknowledged that some investors may use the relief rally to reduce positions.
India and Pakistan commit to a ceasefire agreement
The Indian Army said on Monday that the Line of Control (LoC) and border area remained peaceful in the wake of the ceasefire agreement. The army noted that Sunday night remained peaceful across Jammu, Kashmir, and other areas along the international border, marking the first calm night recently.
Although explosions rocked several parts of Kashmir hours after the truce was announced on Saturday, both countries have reiterated their commitment to the agreement.
U.S. President Donald Trump acknowledged that a night of talks mediated by Washington helped secure the deal after the White House received alarming intelligence on the conflict, according to U.S. sources. The President mentioned he was proud of the country’s role in ending the fighting, although India has downplayed U.S. involvement in the talks.
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Ceasefire deal fuels stock market optimism in India and Pakistan
Stocks in Pakistan and India surged on Monday following a ceasefire agreement between the two nuclear-armed neighbors on Saturday. Pakistan’s KSE-30 Index jumped by 9.2%, while India’s Nifty 500 Index soared as much as 3%.
On Friday, investors got nervous as the Nifty dropped more than 1%, its steepest fall in over a month. The Indian rupee was also one of Asia’s worst performers last week.
India’s bond yields surged as risk premiums widened, although debt purchases by the Reserve Bank of India helped mitigate the drop. Pakistan’s KSE-30 Index slid 9% since the April 22 attack in Kashmir, which prompted India to retaliate.
Pakistan and Indian stocks soar following ceasefire agreement
Pakistan’s stock benchmark, the KSE-30 Index, soared more than 9.2%, the most since 2008, triggering a one-hour halt in trading. The NSE Nifty 50 Index also surged as much as 3% in Mumbai.
Stocks in both countries jumped after a ceasefire deal between the two nuclear-armed nations on Saturday.
Ali Raza, head of international trading at BMA Capital Management Ltd., argued that investor focus is expected to return to accelerating economic reforms following the easing of war tensions.
“Given how quickly things were escalating last week, the developments over the weekend are a move in the positive direction. The focus could return to the Indian growth story.”
-Vivek Dhawan, Fund Manager at Candriam.
Dhawan also noted that India’s positive economic signals suggest that foreign investors, who had been on a near 3-week buying streak until Friday, may resume inflows. He also sees increased inflows from prospects of an early U.S. trade deal, ample liquidity, and anticipated interest rate cuts.
The fund manager also argued that traders in Pakistan expect the country’s economic reforms to regain focus as border tensions had exceeded a surprise interest-rate cut by the State Bank of Pakistan and prospects for additional IMF funding. The IMF approved $1 billion on Friday in immediate disbursement and a new $1.4 billion plan for climate resilience.
Raza from BMA Capital Management also noted that the SBP’s recent cut, previously overshadowed, and dual loan disbursement by the IMF, will come back into play after easing war tensions.
The Indian rupee surged by 0.9% versus the dollar in the offshore market. The country’s bonds and currency markets are closed on Monday for a public holiday. The National Stock Exchange of India Ltd.’s volatility gauge also dropped to 17.2, its lowest since April 30. The top five traded Nifty 50 options were all bullish, with May 24,600-rupee calls expiring Thursday clocking the highest volume.
The threat of renewed war tensions still looms, as India has yet to lift its abeyance on the Indus Water Treaty, a move that could harm a large part of Pakistan’s farm output. It was also alleged that a top Indian diplomat said that Pakistan violated the truce just hours after it was declared, a claim Pakistan has denied.
Tejas Shah, head of derivatives trading at Equirus Securities, believes there is still some uncertainty around the pause in fighting. He also argued that language from both sides will be important to monitor. Shar acknowledged that some investors may use the relief rally to reduce positions.
India and Pakistan commit to a ceasefire agreement
The Indian Army said on Monday that the Line of Control (LoC) and border area remained peaceful in the wake of the ceasefire agreement. The army noted that Sunday night remained peaceful across Jammu, Kashmir, and other areas along the international border, marking the first calm night recently.
Although explosions rocked several parts of Kashmir hours after the truce was announced on Saturday, both countries have reiterated their commitment to the agreement.
U.S. President Donald Trump acknowledged that a night of talks mediated by Washington helped secure the deal after the White House received alarming intelligence on the conflict, according to U.S. sources. The President mentioned he was proud of the country’s role in ending the fighting, although India has downplayed U.S. involvement in the talks.
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XRP Whale Accumulation Surges as Institutions Back Ripple Ledger
XRP is seeing a notable surge in whale activity,
with wallets holding over 1 million XRP increasing their holdings by more than 6% in recent weeks—despite a 20% price dip to $2.45. This trend signals growing confidence from large investors in Ripple’s long-term prospects.
Fueling this momentum is Ripple’s $BTC 1.25 billion acquisition of Hidden Road, a prime brokerage firm. The deal aims to integrate advanced institutional trading tools into the$XRP XRP Ledger and expand support for Ripple’s RLUSD stablecoin.
Whale activity also spiked ahead of major events like the White House Crypto Summit, with over 90 million XRP $XRP accumulated in just 72 hours—highlighting strong investor anticipation of regulatory clarity and institutional growth.
Together, these moves suggest a bullish outlook for XRP’s role in global finance
#SEC #IMF
XRP is seeing a notable surge in whale activity,
with wallets holding over 1 million XRP increasing their holdings by more than 6% in recent weeks—despite a 20% price dip to $2.45. This trend signals growing confidence from large investors in Ripple’s long-term prospects.
Fueling this momentum is Ripple’s $BTC 1.25 billion acquisition of Hidden Road, a prime brokerage firm. The deal aims to integrate advanced institutional trading tools into the$XRP XRP Ledger and expand support for Ripple’s RLUSD stablecoin.
Whale activity also spiked ahead of major events like the White House Crypto Summit, with over 90 million XRP $XRP accumulated in just 72 hours—highlighting strong investor anticipation of regulatory clarity and institutional growth.
Together, these moves suggest a bullish outlook for XRP’s role in global finance
#SEC #IMF
El Salvador Defies IMF Conditions, Continues Bitcoin Accumulation Strategy
Despite agreeing to a $1.4 billion loan from the International Monetary Fund (IMF) in December 2024, which included conditions to limit public sector involvement in Bitcoin-related activities, El Salvador has continued to increase its Bitcoin holdings. Since March 1, 2025, the country has acquired over 13 BTC, bringing its total reserves to more than 6,105 BTC, valued at over $527 million at current prices.
President Nayib Bukele remains steadfast in his commitment to Bitcoin, stating that the accumulation strategy will persist despite international pressures. He emphasized that the country's daily Bitcoin purchases, typically one BTC per day, will continue unabated.
The IMF agreement required El Salvador to make Bitcoin acceptance voluntary for private businesses and to reduce public sector engagement in Bitcoin-related activities. However, the government's continued acquisitions suggest a nuanced approach to these conditions. The IMF has acknowledged that the recent increase in Bitcoin holdings aligns with the agreed program conditionality, indicating a level of flexibility in the interpretation of the agreement.
El Salvador's unwavering stance on Bitcoin has attracted significant attention from the global crypto community. Major crypto firms, including Bitfinex Derivatives and Tether, have announced plans to relocate their operations to El Salvador, bolstering the country's position as a burgeoning hub for digital assets.
As Bitcoin continues to gain international legitimacy, El Salvador's persistent accumulation strategy underscores its commitment to integrating the cryptocurrency into its economic framework, potentially setting a precedent for other nations considering similar paths.
#BTC #IMF #Salvador #SaylorBTCPurchase #CryptoComeback $BTC
$BNB
$SOL
President Nayib Bukele remains steadfast in his commitment to Bitcoin, stating that the accumulation strategy will persist despite international pressures. He emphasized that the country's daily Bitcoin purchases, typically one BTC per day, will continue unabated.
The IMF agreement required El Salvador to make Bitcoin acceptance voluntary for private businesses and to reduce public sector engagement in Bitcoin-related activities. However, the government's continued acquisitions suggest a nuanced approach to these conditions. The IMF has acknowledged that the recent increase in Bitcoin holdings aligns with the agreed program conditionality, indicating a level of flexibility in the interpretation of the agreement.
El Salvador's unwavering stance on Bitcoin has attracted significant attention from the global crypto community. Major crypto firms, including Bitfinex Derivatives and Tether, have announced plans to relocate their operations to El Salvador, bolstering the country's position as a burgeoning hub for digital assets.
As Bitcoin continues to gain international legitimacy, El Salvador's persistent accumulation strategy underscores its commitment to integrating the cryptocurrency into its economic framework, potentially setting a precedent for other nations considering similar paths.
#BTC #IMF #Salvador #SaylorBTCPurchase #CryptoComeback $BTC
$BNB
$SOL
Binance News
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El Salvador Increases Bitcoin Holdings Amid IMF Agreement
According to PANews, data from El Salvador's Ministry of Finance reveals that the country has acquired an additional 8 bitcoins over the past week. This brings its total bitcoin holdings to 6,174.18, valued at approximately $641.5 million.Previously, El Salvador announced its intention to continue purchasing bitcoin following an agreement with the International Monetary Fund.
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El Salvador Continues Bitcoin Accumulation Despite Agreement with IMF
According to Cointelegraph, despite being obligated to halt the use of public funds for Bitcoin purchases under an agreement with the International Monetary Fund (IMF), El Salvador continues to expand its Bitcoin (BTC) reserves. According to the latest data from the El Salvador Bitcoin Office, the country has acquired an additional 7 BTC in the past week, bringing its total holdings to 6,173 BTC (over $637 million). This acquisition strategy has continued unabated several months after the agreement with the IMF was reached, indicating that El Salvador remains focused on its Bitcoin accumulation plan.
엘살바도르, IMF 합의에도 비트코인 축적 지속
코인텔레그래프에 따르면, 엘살바도르는 국제통화기금(IMF)과의 합의에 따라 비트코인 매입에 공적 자금 사용을 중단해야 함에도 불구하고 비트코인(BTC) 보유고를 계속 늘리고 있습니다. 엘살바도르 비트코인 사무국(BTC Office)의 최근 자료에 따르면, 엘살바도르는 지난주 비트코인 7개를 추가로 확보하여 총 보유 비트코인을 6,173개로 늘렸으며, 이는 6억 3,700만 달러 이상의 가치를 지닙니다. 이러한 비트코인 매입 전략은 IMF 합의가 완료된 후에도 몇 달 동안 계속되고 있으며, 이는 엘살바도르가 비트코인 축적 계획에 전념하고 있음을 보여줍니다.
#BTC
#IMF
$BTC
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#IMF
$BTC
El Salvador Continues Bitcoin Accumulation Amid IMF Agreement
According to Cointelegraph, El Salvador persists in expanding its Bitcoin (BTC) reserves, despite an agreement with the International Monetary Fund (IMF) that requires the country to cease using public funds for Bitcoin purchases. Recent data from the El Salvador Bitcoin Office reveals that the nation acquired an additional seven BTC over the past week, increasing its total holdings to 6,173 BTC, valued at over $637 million. This acquisition strategy continues unabated months after the IMF agreement was finalized, indicating El Salvador's commitment to its Bitcoin accumulation plan.
$BTC
#IMF
$BTC
#IMF
See original
#ElSalvador bought another 7 $BTC last week despite deal with #IMF . El Salvador's Strategic Bitcoin Reserve has surpassed $615 million, totaling 6,170.18 $BTC
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See original
El Salvador Continues to Accumulate Bitcoin During IMF Agreement
According to Cointelegraph, El Salvador continues to expand its Bitcoin (BTC) reserves despite an agreement with the International Monetary Fund (IMF) that requires the country to stop using public funds for Bitcoin purchases. Recent data from the El Salvador Bitcoin Office shows that the country acquired seven more BTC last week, bringing its total assets to 6,173 BTC, which has a value of over 637 million dollars. This acquisition strategy continues unabated even months after the IMF agreement was finalized, demonstrating El Salvador's commitment to its Bitcoin accumulation plan.
See original
El Salvador Continues to Accumulate Bitcoins Amid IMF Agreement
According to Cointelegraph, El Salvador continues to increase its Bitcoin (BTC) reserves despite an agreement with the International Monetary Fund (IMF) that requires the country to cease using public funds to purchase Bitcoins. Recent data from the Salvadoran Bitcoin office shows that the country acquired another seven BTC in the last week, raising its total reserves to 6173 BTC worth over 637 million dollars. This acquisition strategy has been ongoing for several months since the agreement with the IMF was reached, indicating El Salvador's commitment to its Bitcoin accumulation plan.
See original
El Salvador Continues to Accumulate Bitcoin Under IMF Agreement
According to Cointelegraph, El Salvador continues to expand its Bitcoin (BTC) reserves, despite an agreement with the International Monetary Fund (IMF) requiring the country to stop using public funds to purchase Bitcoin. Recent data from the Bitcoin Office of El Salvador shows that the country has purchased an additional seven BTC in the past week, bringing the total holdings to 6,173 BTC, worth over $637 million. This buyback strategy has continued unabated for several months after the IMF agreement was finalized, demonstrating El Salvador's commitment to its Bitcoin accumulation plan.
Morning News Update #Web3
🇺🇸 Eric Trump claims reasonable crypto regulation can modernize banking and position the U.S. as a global #crypto superpower.
💸 El Salvador plans to ease mandatory #Bitcoin adoption rules to unlock $3B in loans from the #IMF and other entities.
📉 #Bitcoin❗ struggles to stay above $100K after hitting an ATH of $103,800, with $250B wiped from the crypto market.
⚡ Circle to release CCTP V2 in early 2025, enabling faster, low-latency $USDC transfers on Ethereum, Base, and Avalanche.
📊 #ELONMUSK criticizes outdated U.S. government IT systems and suggests #blockchain could resolve IRS inefficiencies.
🇺🇸 Eric Trump claims reasonable crypto regulation can modernize banking and position the U.S. as a global #crypto superpower.
💸 El Salvador plans to ease mandatory #Bitcoin adoption rules to unlock $3B in loans from the #IMF and other entities.
📉 #Bitcoin❗ struggles to stay above $100K after hitting an ATH of $103,800, with $250B wiped from the crypto market.
⚡ Circle to release CCTP V2 in early 2025, enabling faster, low-latency $USDC transfers on Ethereum, Base, and Avalanche.
📊 #ELONMUSK criticizes outdated U.S. government IT systems and suggests #blockchain could resolve IRS inefficiencies.
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El Salvador Defies the IMF, Purchases 11 More Bitcoins
Despite pressure from the International Monetary Fund (#IMF ) to reduce the presence of Bitcoin in the economy, El Salvador has just announced the addition of 11 Bitcoins to its Strategic Reserve Fund.
11 New Bitcoins – A Bold Move
On January 20, the National Bitcoin Office #ElSalvador announced on Twitter the purchase of an additional 11 Bitcoins (worth over 1 million USD). This move came shortly after the government committed to the IMF to limit the adoption of Bitcoin in exchange for a 1.4 billion USD loan.
11 New Bitcoins – A Bold Move
On January 20, the National Bitcoin Office #ElSalvador announced on Twitter the purchase of an additional 11 Bitcoins (worth over 1 million USD). This move came shortly after the government committed to the IMF to limit the adoption of Bitcoin in exchange for a 1.4 billion USD loan.
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How can Bukele continue to accumulate Bitcoin after reaching an IMF loan agreement?
El Salvador seems to have contradicted its recent agreement with the IMF to stop public investment in Bitcoin.
El Salvador's President Nayib Bukele surprised industry observers on March 4 when he announced that his government would not stop buying Bitcoin, despite the International Monetary Fund's (IMF) demands.
In January, El Salvador signed a $1.4 billion loan agreement with the IMF on the condition that the country would cancel the adoption of Bitcoin and declassify it as a mandatory legal payment method.
On March 3, the IMF released a report outlining the terms of the agreement, noting that it would prohibit public accumulation of Bitcoin — meaning the government or government-controlled entities could not buy or mine Bitcoin. Bukele, seemingly defiant, stated that his country would continue to accumulate Bitcoin regardless.
The apparent conflict between Bukele's Bitcoin plan and the IMF's terms has raised questions about El Salvador's future Bitcoin accumulation and the potential consequences of the clash with the lending entity.
Bukele's recent Bitcoin purchases do not necessarily "conflict" with the IMF agreement
Among the many details in the documentation released by the IMF on March 3, there is a specific provision that has attracted the attention of Bitcoin supporters, which is "there will be no voluntary accumulation of Bitcoin by the public sector within the framework of the program." #IMF #Bukele
El Salvador seems to have contradicted its recent agreement with the IMF to stop public investment in Bitcoin.
El Salvador's President Nayib Bukele surprised industry observers on March 4 when he announced that his government would not stop buying Bitcoin, despite the International Monetary Fund's (IMF) demands.
In January, El Salvador signed a $1.4 billion loan agreement with the IMF on the condition that the country would cancel the adoption of Bitcoin and declassify it as a mandatory legal payment method.
On March 3, the IMF released a report outlining the terms of the agreement, noting that it would prohibit public accumulation of Bitcoin — meaning the government or government-controlled entities could not buy or mine Bitcoin. Bukele, seemingly defiant, stated that his country would continue to accumulate Bitcoin regardless.
The apparent conflict between Bukele's Bitcoin plan and the IMF's terms has raised questions about El Salvador's future Bitcoin accumulation and the potential consequences of the clash with the lending entity.
Bukele's recent Bitcoin purchases do not necessarily "conflict" with the IMF agreement
Among the many details in the documentation released by the IMF on March 3, there is a specific provision that has attracted the attention of Bitcoin supporters, which is "there will be no voluntary accumulation of Bitcoin by the public sector within the framework of the program." #IMF #Bukele
BIG NEWS:
The IMF just told El Salvador to STOP buying Bitcoin! 🇸🇻💸But wait — President Bukele? He’s STILL stacking sats! 🤯🔥
Is this a bold move toward financial independence or a risky bet on crypto? 🧐
What do YOU think — is El Salvador pioneering a financial revolution or playing with fire?
Drop your thoughts below! 👇💬
#bitcoin #ElSalvador #IMF #Finance #CryptoRevolution
The IMF just told El Salvador to STOP buying Bitcoin! 🇸🇻💸But wait — President Bukele? He’s STILL stacking sats! 🤯🔥
Is this a bold move toward financial independence or a risky bet on crypto? 🧐
What do YOU think — is El Salvador pioneering a financial revolution or playing with fire?
Drop your thoughts below! 👇💬
#bitcoin #ElSalvador #IMF #Finance #CryptoRevolution
🔥Bitcoin Rebellion🔥 El Salvador's President Nayib Bukele Remains Committed; Refuses to Back Down‼️Adds 6 More $BTC Despite IMF Pressure: Will It Pay Off❓️
💥El Salvador's Bitcoin Strategy
El Salvador has been actively accumulating Bitcoin, with its total holdings now reaching 6,111.18 $BTC , valued at approximately $493 million. This move is despite pressure from the International Monetary Fund (IMF) to limit its exposure to the cryptocurrency.
💥IMF's Concerns
The IMF has been skeptical of El Salvador's Bitcoin $BTC adoption, citing financial and legal risks. The IMF's concerns are centered around the potential risks to the country's financial stability.
💥El Salvador's Commitment
However, El Salvador's President Nayib Bukele remains committed to his country's Bitcoin strategy, with plans to accelerate Bitcoin purchases and build massive reserves. The country's National Bitcoin Office has also announced plans to launch bond-backed Bitcoin and construct Bitcoin City, a tax-free crypto hub.
💥Benefits of Bitcoin Adoption
El Salvador's government believes that Bitcoin can help reduce remittance costs and increase financial inclusion. The country's Bitcoin reserves have already generated significant profits, with an initial investment of $269.74 million now valued at $603.34 million.
💥Global Implications
As El Salvador continues to defy the IMF's demands and accumulate more Bitcoin, it will be interesting to see how this affects the global cryptocurrency market. Will other countries follow El Salvador's lead, or will the IMF's concerns about Bitcoin's risks prevail? Only time will tell.
#ElSalvador #MarketPullback #IMF #CryptoMarketWatch #BTC
💥El Salvador's Bitcoin Strategy
El Salvador has been actively accumulating Bitcoin, with its total holdings now reaching 6,111.18 $BTC , valued at approximately $493 million. This move is despite pressure from the International Monetary Fund (IMF) to limit its exposure to the cryptocurrency.
💥IMF's Concerns
The IMF has been skeptical of El Salvador's Bitcoin $BTC adoption, citing financial and legal risks. The IMF's concerns are centered around the potential risks to the country's financial stability.
💥El Salvador's Commitment
However, El Salvador's President Nayib Bukele remains committed to his country's Bitcoin strategy, with plans to accelerate Bitcoin purchases and build massive reserves. The country's National Bitcoin Office has also announced plans to launch bond-backed Bitcoin and construct Bitcoin City, a tax-free crypto hub.
💥Benefits of Bitcoin Adoption
El Salvador's government believes that Bitcoin can help reduce remittance costs and increase financial inclusion. The country's Bitcoin reserves have already generated significant profits, with an initial investment of $269.74 million now valued at $603.34 million.
💥Global Implications
As El Salvador continues to defy the IMF's demands and accumulate more Bitcoin, it will be interesting to see how this affects the global cryptocurrency market. Will other countries follow El Salvador's lead, or will the IMF's concerns about Bitcoin's risks prevail? Only time will tell.
#ElSalvador #MarketPullback #IMF #CryptoMarketWatch #BTC
$XRP price has been set by IMF to surpass $1,000
The price of #XRP has already been set by the International Monetary Fund #IMF and is in the thousands. His tweet further compares this alleged price-setting process to the “Gold Fixing” mechanism used by the London Bullion Market Association (LBMA).
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Grab your $TKG before it’s too late!
#XRP #IMF #CryptoMarketMoves
The price of #XRP has already been set by the International Monetary Fund #IMF and is in the thousands. His tweet further compares this alleged price-setting process to the “Gold Fixing” mechanism used by the London Bullion Market Association (LBMA).
- 25% bonus for 1 Million $TKG or more
- 15% bonus for 100,000 $TKG or more
- 10% bonus for 10,000 $TKG or more
- 5% bonus for 5,000 $TKG or more
Bonus tokens will be distributed within 48 hours into eligible wallets after presale ends
Grab your $TKG before it’s too late!
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See original
El Salvador remains steadfast in its Bitcoin accumulation despite the renewed IMF pressure to stop purchases.
#ElSalvador #IMF $BTC #WhiteHouseCryptoSummit
#ElSalvador #IMF $BTC #WhiteHouseCryptoSummit
El Salvador Adds to Bitcoin Reserves Despite IMF Pressure
El Salvador has further increased its Bitcoin reserves, acquiring 12 additional BTC, bringing the total holdings to 6,044 BTC. This move comes despite a $1.4 billion loan agreement with the International Monetary Fund (IMF) that includes conditions for reducing Bitcoin's role in the country's financial system.
President Nayib Bukele's administration has remained steadfast in its commitment to Bitcoin, even though private sector adoption of the cryptocurrency remains largely voluntary. The nation's current Bitcoin holdings are valued at over $617 million, representing a significant profit of $179 million since adopting Bitcoin as legal tender in 2021.
This latest purchase comes as Bitcoin recently reached a new all-time high of $109,000, solidifying El Salvador's position as a global leader in cryptocurrency adoption.
$BTC #MarketPullback #ElSalvador #IMF
President Nayib Bukele's administration has remained steadfast in its commitment to Bitcoin, even though private sector adoption of the cryptocurrency remains largely voluntary. The nation's current Bitcoin holdings are valued at over $617 million, representing a significant profit of $179 million since adopting Bitcoin as legal tender in 2021.
This latest purchase comes as Bitcoin recently reached a new all-time high of $109,000, solidifying El Salvador's position as a global leader in cryptocurrency adoption.
$BTC #MarketPullback #ElSalvador #IMF
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