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Category: general

El Salvador buys $100M in Bitcoin: Global governments quietly join the crypto race

The post El Salvador buys $100M in Bitcoin: Global governments quietly join the crypto race appeared com. Key Takeaways How much Bitcoin does El Salvador hold now? The country now holds 7, 474 BTC, valued at around $676 million. Why did the government buy more Bitcoin during a market drop? El Salvador follows a long-term accumulation strategy and often buys during dips to maximize future value. El Salvador has made headlines once again as it doubles down on its bold Bitcoin [BTC] strategy. The country, already the first in the world to adopt Bitcoin as legal tender in 2021, has now executed its largest single-day BTC purchase, acquiring more than $100 million worth of the asset. El Salvador’s new Bitcoin purchase According to the country’s Bitcoin Office, El Salvador purchased the massive batch at 6: 01 p. m. ET, bringing its total holdings to 7, 474 BTC valued at roughly $676 million. The latest buy included 1, 090 BTC, added as Bitcoin briefly dipped below $90,000, its lowest price since April. This opportunistic purchase aligns with the country’s long-term accumulation strategy, which has included buying 1 BTC daily since November 2022. True to its pattern of buying during price drops, El Salvador continues to expand its BTC reserves with the same conviction that has influenced other nations to explore their own crypto adoption paths. 39 at press time, marking a 4. 71% decline in the last day and more than 15% over the past month, according to CoinMarketCap. Yet despite the concerning price action, various nations are not shying away from Bitcoin. In fact, in a historic move, the Czech National Bank [CNB] recently.

Famed Golden Toilet—With A Trump Connection— Fetches $12.1 million

The post Famed Golden Toilet—With A Trump Connection— Fetches $12.1 million appeared on BitcoinEthereumNews.com. Topline A solid gold toilet with an odd connection to President Donald Trump sold for $12.1 million at Sotheby’s on Tuesday night, one of a half dozen substantial pieces offered at auction this week amid a downturn in high-dollar art sales. “America,” the toilet cast from more than 100 kilograms of solid 18-karat gold, by Maurizio Cattelan is displayed in New York on Nov. 7, 2025. Getty Images Key Facts Bidding for the toilet, a piece called “America” made by Italian conceptual artist Maurizio Cattelan with more than 220 pounds of 18-karat gold, started at $10 million. Also auctioned on Tuesday night was “Portrait of Elisabeth Lederer” by Gustav Klimt, one of only two full-length Klimt portraits left in private hands, which sold for $236.3 million as part of late cosmetics billionaire Leonard Lauder’s personal collection. The auction of Lauder’s collection also included sales of the $86 million “Blumenwiese” and $70.6 million “Waldabhang bei Unterach am Attersee,” both by Klimt. On Monday, an abstract painting by Mark Rothko sold for $62.1 million, above its estimated $50 million price, as part of an 18-piece collection by late Weis Market chairman Robert F. Weis and his wife Patricia that sold for a total of $218 million. “America” displayed during a press preview at Sotheby’s on November 07, 2025 in New York City. Photo by Alexi Rosenfeld/Getty Images The flushometer valve of “America.” Photo by Alexi Rosenfeld/Getty Images The toilet bowl of “America.” Photo by Selcuk Acar/Anadolu via Getty Images Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here: joinsubtext.com/forbes. What To Watch For More big-ticket auctions this week. A self-portrait by Frida Kahlo estimated to be worth between $40 million…

Vacaville unveils wastewater solar project

City of Vacaville officials gathered Tuesday to “flip the switch” on the city’s newest investment in clean energy: a sprawling solar and battery system at the Easterly Wastewater Treatment Plant that is poised to become one of the city’s biggest tools for reducing both emissions and utility costs. The $5-megawatt solar field and onsite battery [.].

Trump bemoans ‘woke AI’ in urging ‘one federal standard’ for technology

President Donald Trump took aim at states regulating artificial intelligence, saying there must be one consistent regulatory framework across the country. After a rocky relationship with Big Tech companies during his first term and after, Trump has made allies out of them during his second term. On Tuesday, the president praised investment in AI as [.].