As a seasoned researcher with over two decades of experience in the financial industry, I find El Salvador’s decision to offer Bitcoin instructions and certification to civil servants nothing short of revolutionary. Having closely observed the global crypto market for years, I can attest that this move echoes a new era of cryptocurrency adoption.
The Office of the National Bitcoin Committee (ONBTC), which is under El Salvador’s Presidential office, has shared some exciting news recently. The ONBTC has disclosed that they are preparing to launch a nationwide educational program focusing on Bitcoin and certification for civil servants. This move is aimed at enhancing El Salvador’s ongoing plans related to Bitcoin investment, mirroring the vibrant activity observed in the broader Bitcoin market.
El Salvador To Offer ‘Bitcoin Instructions & Certification’ To Civil Servants
As an analyst, I’m sharing some exciting news: The ONBTC announced today, August 21st, that the nation is planning to educate and certify approximately 80,000 public servants on Bitcoin (BTC). This initiative aims to equip Salvadoran civil servants with a strong understanding of BTC. By doing so, we hope to ensure that our government employees stay knowledgeable about crucial crypto-related operations.
Simultaneously, ONBTC is considering integrating open-source Bitcoin educational resources into public school syllabi. Noteworthy inclusions in the initial rollout are “Mi Primer Bitcoin” (translation: My First Bitcoin) and “Node Nation.”
As a crypto investor, I’ve found two comprehensive courses that delve into the fundamental aspects of Bitcoin (BTC), the technology behind blockchain, and the technicalities like running a BTC node. Collectively, this learning journey has sparked a sense of optimism across the country, with El Salvador reaffirming its dedication to the pioneering digital coin.
Notably, El Salvador had earlier announced a substantial $1.6 billion venture into Bitcoin City. Currently, the cryptocurrency’s value is experiencing fluctuations due to market instability, leading to increased curiosity and conjecture among global investors.
BTC Price Tackles Turbulence
Although the token has seen impressive growth worldwide, the bearish sentiment in the market has hindered its ascent to greater peaks following the halving event. At the current moment, the Bitcoin price stands at $59,349, representing a 2% decrease over the last day. Its lowest and highest points today are $58,610.88 and $60,976.82 respectively.
According to data from Coinglass, Bitcoin future’s open interest (OI) dropped by approximately 2.5% to reach $30.62 billion today. Contrastingly, the volume of derivatives increased by 9%, amounting to $57.24 billion, leading to conflicting feelings within the market.
Today, according to SpotonChain data, Mt Gox transferred 1,265 Bitcoin to Bitstamp at the same time as the coin’s downward trend. It’s also noteworthy that Galaxy Digital has acquired approximately $82 million worth of Bitcoin in recent times.
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2024-08-21 15:28