El Salvador joins the US, China, the UK, Ukraine and Bhutan as the only countries with Bitcoin holdings currently above 6,000 BTC.
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Bitcoin has been increasingly recognized as not only a store of value but also as a means to generate yields, CoinShares’ analyst Satish Patel said.
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German MP Joana Cotar said the mass Bitcoin sell-off isn’t “sensible” and “productive” as it could be used to diversify treasury assets and protect against currency devaluation.
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