The Central Reserve Bank of El Salvador (BCR) has announced the acquisition of 13,999 troy ounces of gold, equivalent to $50 million. The new purchase bumps El Salvador’s gold holdings from 44,106 troy ounces to 58,105 troy ounces, with a value estimated at $207.4 million. This is the first gold purchase made by the Central Bank of El Salvador since 1990. The country is following in the footsteps of major nations like China, India, and Turkey, which are frequent buyers of gold. El Salvador wants to diversify its reserves El Salvador stated that acquiring gold is part of the country’s International Reserves diversification strategy. The country’s BCR believes in gold and views it as a universally strategic asset. It stated that the precious metal will help El Salvador strengthen its long-term financial plan and protect the country’s economy from turbulent international markets. The central bank believes that investing in gold brings greater stability for El Salvadorans. “The implementation of this strategy is possible thanks to the strengthening of the Central Reserve Bank’s assets in recent years … resulting from the various policies implemented by President Nayib Bukele,” wrote t he Central Bank of El Salvador (BCR) in the release . El Banco Central de Reserva informa que ha adquirido 13,999 onzas troy de oro, equivalentes a US$50 millones, como parte de la estrategia de diversificación de sus Reservas Internacionales. pic.twitter.com/UAqUctFuns — Banco Central de Reserva (@bcr_sv) September 4, 2025 Is gold the solution to El Salvador’s Bitcoin conservatory? The decision to acquire gold shows that El Salvador is trying a different approach to strengthen its reserves. Since 2021, the country has focused on acquiring Bitcoin. However, the country was faced with massive backlash after an IMF report showed that El Salvador had not purchased new bitcoins since December of last year. The IMF demanded that the Central American country stop buying Bitcoin after providing a loan worth $1.4 billion. President Nayib Bukele did not address the IMF’s claims, and the country’s Bitcoin Office moved its BTC into different wallets for security reasons. Analysts view El Salvador’s latest gold purchase as a positive sign. The BCR is trying to stabilize its balance sheet since Bitcoin is volatile. The country’s central bank reported net international reserves of $4.7 billion in July 2025. That’s an increase from the $3 billion recorded a year earlier. About $700 million is held in Bitcoin. Central banks’ gold accumulation in 2025. Source: The World Gold Council (WGC). El Salvador is just copying other countries. Central banks from around the globe have been adding over 1,000 tonnes of gold collectively each year for the past two years. They are on track to come close to that figure again in 2025, the World Gold Council (WGC) said. Based on a recent report from the WGC, central banks purchased 10 tonnes of gold in July. The precious metal now accounts for nearly 20% of global reserves, ranking second after the US dollar. Goldman Sachs believes that if the American Federal Reserve Bank loses its independence, investors will convert some of their US treasuries into gold. This will push the gold buying spree even further, pushing the precious metal to $5,000 per ounce. KEY Difference Wire helps crypto brands break through and dominate headlines fast
We spoke with Bitcoin Beach's co-founder, Roman Martinez to learn how this project inspired the Bitcoin law and is now offering grants to boost bitcoin adoption.
El Salvador’s Bitcoin reserve holds 6,313 BTC (about $702M) and the government has scaled back Bitcoin legal-tender policies after an IMF loan agreement; the country now focuses on strategic reserves,
El Salvador was the first country to make Bitcoin legal tender, but it has since scaled back its Bitcoin laws and public sector involvement.
Reports have disclosed that athletes and their teams are growing more cautious about crypto endorsement deals. According to a recent interview with Shelly Socol, a marketing executive at BTCC Exchange , sports stars now demand deeper checks on a crypto firm’s history, compliance record, and staying power before signing. Past scandals such as the FTX collapse have left a mark. Deals that once moved fast are taking longer to clear. Athletes Demand Stronger Vetting Based on reports, a recent CoinGecko analysis shows a 38% drop in crypto sports sponsorships from 2021 Peaks, and that fall has changed how offers are handled. Players are often consulting legal and financial advisers before they sign. Some are even choosing Bitcoin pay. For example, posts on X have highlighted USC recruit Matai Tagoa’i’s NIL deal paid entirely in Bitcoin, and lists like Bitbo.io’s roundup show several pro athletes leaning toward crypto as a hedge. Market Data And Sponsorship Models From industry outlets, sponsorships are becoming more layered. A 2023 report — updated with 2025 insights — found that crypto firms are adding NFTs and fan tools to deals so the contracts do more than put a logo on a jersey. Euromonitor International research points to brand perception shifts when blockchain elements are added to sports marketing. Regulatory moves are also in the mix; recent SEC fines and the passage of MiCA in Europe are pushing sponsors to show cleaner compliance paths. When laws tighten, partners want proof of proper behavior. Exchanges Seek Credibility Through Stars BTCC’s deal with NBA All-Star Jaren Jackson Jr. is a case in point. Reports describe the exchange working to use the partnership to build trust, not just get attention. The campaign reportedly includes a $500,000 USDT prize pool aimed at user engagement. Such moves are being watched closely. Endorsements are now as much about reputation signals as they are about audience reach, the WPN report by Andrew Cain disclosed. In some deals, sponsorships are being structured to include education for fans and long-term incentives. Risk Factors And Industry Forecasts Analysts have warned that volatility can still hurt athlete income streams. Novatia Consulting’s December 2024 analysis warned that market crashes may reduce the value of crypto-based pay. At the same time, a Vestinda blog post from December 2024 predicted wider use of tokenized assets for athlete compensation. Brand Vision’s 2025 overview points out that some crypto-infused deals are beginning to rival classic sneaker contracts, and that stars like LeBron James and Cristiano Ronaldo command big premiums because they pick partners carefully. The message from experts is simple: choose partners with clear rules and steady records. Featured image from Unsplash, chart from TradingView
Increasing hash rates are good for the security of the network but also increase operational cost for miners.
Conversations across the crypto space are circling back to blue-chip tokens, with Bitcoin, Ethereum, and Dogecoin taking the spotlight. Data from on-chain analytics platform Santiment shows that top market cap cryptocurrencies are dominating the surge in social chatter, with discussions ranging from institutional adoption and ETF speculation to technical barriers and ecosystem growth. Alongside them, Strategy, Tether, and MultiversX are also attracting strong attention. Related Reading: American Bitcoin, Backed By Trump, Ends Nasdaq Debut Up 17% Bitcoin And Ethereum Dominating Attention Despite price resistance at $112,000 throughout last week, Bitcoin is still the most closely watched cryptocurrency by analysts and investors. According to on-chain analytics platform Santiment, Bitcoin is currently dominating among crypto investors thanks to extensive discussions about its long-term role as digital gold, a monetary network, and a hedge against inflation. Conversations focus heavily on its scarcity, institutional demand, and the importance of self-custody. Traders are also discussing Bitcoin’s liquidity in flash crypto offers that allow instant trading and spending across multiple platforms. Ethereum is trending, with mentions also tied to its role in flash tokens and its utility across wallets and decentralized platforms. ETH discussions are based on its transferability and use in trading, staking, and gaming, while institutions continue to accumulate large volumes. However, the Ethereum price is also facing technical struggles in breaking above $4,500, having been rejected at $4,480 multiple times in the past seven days. Strategy And Dogecoin Also Generate Social Buzz Strategy’s and its MicroStrategy ($MSTR) stock are also hot topics due to the company’s massive Bitcoin reserves and its reputation as a leveraged proxy for BTC exposure. Particularly, market chatter has picked up around its potential inclusion in the S&P 500, which could cause institutional buying and fund inflows. At the same time, discussions show that investors are debating whether MSTR shares or Bitcoin ETFs provide better exposure. Unsurprisingly, the word “Dogecoin” is in the limelight due to multiple developments last week. Most of Dogecoin’s mentions are based on the upcoming Rex-Osprey Dogecoin ETF, which could become a historic first for Dogecoin ETFs in the US financial market. Furthermore, Trump-backed company Thumzup is expanding Dogecoin mining operations by adding 3,500 rigs. Despite choppy price action last week, Dogecoin managed to close above $0.21. Tether ($USDT) also saw huge mentions last week after the company announced deeper investments into gold, with its reserves now exceeding $8.7 billion. The company aims to expand into mining, refining, and trading, with its CEO calling gold a natural bitcoin. Additionally, new token listings related to Tether are appearing on platforms like BitMart. Related Reading: MemeCore Explodes 3,800% For ATH — But Is A Collapse Around The Corner? MultiversX ($EGLD), meanwhile, is facing a different kind of attention. Social discussions highlight concerns about dilution of its supply and the migration of projects to other chains like SUI, raising doubts about long-term use cases. However, there’s optimism on projects such as xPortal and xMoney, with hopes that buyback mechanisms and upcoming launches could bolster value. Featured image from Unsplash, chart from TradingView
Over the past 24 hours, South Korea's largest cryptocurrency exchanges, Upbit and Bithumb, have seen notable increases in trading volume for several altcoins. World Liberty Financial (WLFI), RedStone (RED), and XRP, in particular, have attracted significant investor interest. According to the data of the two exchanges, the last 24-hour trading volumes of the prominent cryptocurrencies were as follows: World Liberty Financial (WLFI) – $350.7 million RedStone (RED) – $197.7 million XRP – $283.2 million Ethereum (ETH) – $148.2 million Tether (USDT) – $156.5 million Bitcoin (BTC) – $77.0 million Dogecoin (DOGE) – $76.0 million Solana (SOL) – $71.5 million Ethena (ENA) – $71.8 million Pyth Network (PYTH) – $32.9 million Worldcoin (WLD) – $78.8 million Numeraire (NMR) – $50.4 million Related News: According to an Expert Analyst, Tomorrow is a Special Day for Bitcoin: He Warned to Be Very Careful While XRP and Ethereum are typically among the most popular tokens on South Korean cryptocurrency exchanges, this time around there's a change in the picture. The Donald Trump-linked WLFI, in particular, is one of the most talked-about and controversial projects of recent times. *This is not investment advice. Continue Reading: 10 Altcoins Experiencing a Surge in Trading Volume on South Korean Exchanges Revealed
Ethereum breakout is set up after a confirmed triple bottom at $4,230 and clear resistance at $4,540; a decisive close above $4,540 could accelerate momentum toward $5,000 within weeks as
The crypto research platform Santiment has highlighted stories that affected and drove the crypto market this week. These narratives influenced the movement of several assets, including bitcoin (BTC), alts, and meme coins. According to a tweet by Santiment, the trending stories center on the United States revenue policy, institutional bitcoin purchases, and a possible Federal Reserve rate cut this month. The market is also buzzing with information on the Solana-based creator coins and tokenized Pokémon cards ecosystems. The Gainzy Creator Coin Saga The biggest stir came from GNZYSTRM, the creator coin linked to influencer Gainzy. An accidental large-scale sell order briefly sent the token into freefall, wiping out hours of steady gains. The panic, however, quickly gave way to opportunism as whales scooped up discounted tokens, fueling a sharp rebound. Meanwhile, Solana’s NFT ecosystem is buzzing with the rise of tokenized Pokémon cards. Several startups report surging trading volumes as collectors embrace these digital renditions of a beloved franchise. The growth underscores how nostalgia, intellectual property, and blockchain liquidity are blending to create new categories of digital collectibles. The surge in World Liberty Financial ( WLFI ) reflects both concentrated whale activity and political endorsements, yet market strategists emphasize that its risk profile is exceptionally high. In addition, Trollcoin distinguished itself with an exclusive deal to use the iconic Trollface meme, thereby gaining intellectual property legitimacy that many of its peers lack. Furthermore, Pepenode closed a successful presale while debuting a “mine-to-earn” model that adds fresh utility to a space often criticized for lacking substance. Trump Floats Tariffs as Income Tax Alternative The broader policy backdrop added fuel to the day’s market mood. In the United States, President Donald Trump floated the idea of replacing the federal income tax with tariffs. This radical proposal could reshape revenue policy if pursued. He has urged the Supreme Court to uphold his tariff agenda amid ongoing challenges . On the institutional side, BlackRock disclosed a sale of roughly $152.7 million in ETH while increasing its BTC holdings by nearly $290 million. The move suggests large asset managers are tilting toward bitcoin as a digital hedge, particularly with markets betting on an imminent Federal Reserve rate cut. Macro data is also driving speculation. For the first time since 2021, the number of U.S. job openings has fallen below the number of unemployed workers. Rising layoffs and slowing hiring add pressure on the Fed to ease policy, even as inflation remains sticky. Investors are increasingly convinced that a rate cut in September is inevitable, raising the stakes for volatility when the upcoming employment data is released. The post Top Stories Driving The Crypto Market This Week, According to Santiment appeared first on CryptoPotato .