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El Salvador’s Bitcoin (BTC) adoption as a legal tender has hit a rough patch in 2025, with the country’s cryptocurrency holdings plunging by nearly $40 million. On January 1, 2025, El Salvador held 6,000 BTC valued at $555.83 million, with each Bitcoin priced at $92,595. As of April 15, the country’s stash has increased slightly to 6,158 BTC. However, despite a slight increase in its Bitcoin stash, the total value has dropped to $515.85 million, as BTC’s price fell to $83,930 per coin, a 9.36% decline.  This translates to a $39.98 million loss for the nation, according to the latest on-chain data retrieved by Finbold from Arkham Intel . El Salvador YTD BTC portfolio. Source: Arkham El Salvador made history in 2021 by becoming the first country to adopt Bitcoin as legal tender,  a move championed by President Nayib Bukele to boost financial inclusion and attract investment. The recent losses can be attributed to Bitcoin’s vol...

The co-founder of Ethereum, Vitalik Buterin, has said that cryptocurrency payments could help facilitate international business while supporting local payments. Buterin said crypto payments were superior to fiat, but this aspect was “underrated.” Buterin says crypto payments are underrated Buterin said that crypto payments made it convenient for people to make international payments and payments to different charities. In a Twitter thread, Buterin explained that the resistance of cryptocurrencies to censorship and their convenience made them better options in settling international business, local business, and charity. The fiat system has several shortcomings, one of which is that it could take a long time for the payments to be processed. The fees paid on fiat transactions are also notably high. These are some reasons why Buterin believes crypto is superior to fiat, even in settling fiat donations. Buy Ethereum Now Your capital is at risk. One such example...