HomeBusinessBitcoin Retreat in El Salvador and Bhutan; MicroStrategy buys $2 billion BTC

Bitcoin Retreat in El Salvador and Bhutan; MicroStrategy buys $2 billion BTC

El Salvador is reportedly in talks to reduce its use of Bitcoin as legal tender and reserve currency to secure a $1.3 billion loan from the IMF. Additionally, Bhutan sent over 400 BTC to crypto trading firm QCP Capital and MicroStrategy is purchasing another 21,550 BTC worth over $2 billion dollars. Christine Lee, host of “CoinDesk Daily,” breaks down the biggest headlines in the crypto industry today.

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