El Salvador Don Pass North Korea for Bitcoin Wetin Dem Hold as Lazarus Group Money Dey Reduce
El Salvador don hold im position well well as di number one country wey get Bitcoin (BTC), dem don even pass North Korea recently. Dem dey estimate say El Salvador current Bitcoin holdings na around 5,750 BTC, wey dem don gather through steady government buying since dem make Bitcoin national money for 2021. Dis consistent gathering show say government still dey invest and President Nayib Bukele still dey support am. But North Korea Lazarus Group, wey dem know before for gathering plenty Bitcoin through cybercrime, dem say dem no dey control more than 3,500 BTC again because of how law enforcement dey pursue dem globally and dey freeze dem assets. Di increase for El Salvador reserves show say more countries dey accept Bitcoin, wey dey make BTC more legitimate and scarce. Meanwhle, di reduction for North Korean Bitcoin fit make traders no too worry about illegal BTC entering di market. Crypto traders suppose dey monitor dis government-led accumulation trends and how dem dey regulate am, because dem fit drive market sentiment, liquidity, and price movements for Bitcoin market.
Bullish
As El Salvador dey steadily gather Bitcoin for dia country treasury and dem don pass North Korea to become di biggest government wey hold BTC, e dey show strong, good sign say institution and government don dey accept Bitcoin. When more government dey involve, e dey make BTC get more correct standing and e go reduce di amount wey dey available, wey go push di price up. At di same time, as North Korea BTC wey dem hold don reduce—wey much of am before bin dey linked to bad bad hustle—e fit calm down traders wey dey fear say bad coins go spoil liquidity and name. For overall, all dis developments dey make market trust Bitcoin long-term value and stability more, and e dey make market go bullish for short and long term.