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CCN
@ccndotcom.bsky.social
Cryptocurrencies, business, finance and technology - with an occasional foray into culture and science. Visit: https://www.ccn.com/
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🚨 BREAKING: September Rate Cut confirmed? 👀
Fed Chair Jerome Powell says their policy stance may need "adjusting."
August 22, 2025 at 2:15 PM
Breaking: #Coinbase stock ($COIN) hits a new all-time high, marking its strongest performance since 2021. 📈
July 18, 2025 at 2:02 PM
🇳🇬 Nigeria banned #crypto in 2021. 🚫

But instead of stopping, Nigerians built a shadow stablecoin economy. 💸

Here’s how they quietly ditched the Naira using $USDt and what the world can learn from it. 👇
June 27, 2025 at 1:24 PM
13) If the U.S. keeps accumulating $BTC, it could trigger a global shift.

Other nations, especially China and Russia, may race to stockpile Bitcoin to counter U.S. dominance.
March 7, 2025 at 2:59 PM
12) The U.S. never needed to make a $BTC legal tender. It already controls global finance through the dollar.

80% of world trade runs on USD.

Even in crypto, USD-pegged stablecoins dominate the market.

$BTC is just another tool in the American arsenal.
March 7, 2025 at 2:59 PM
10) Meanwhile, the U.S. took a different approach.

Biden and Gensler made crypto a nightmare for companies.

The SEC waged war on exchanges, lawsuits piled up, and regulatory clarity never came.

But in 2025, Trump flipped the script; the U.S. finally began embracing $BTC.
March 7, 2025 at 2:59 PM
9) That IMF loan came with strings attached.

El Salvador had to make $BTC acceptance voluntary, cap its $BTC reserves, and reduce government involvement in crypto transactions.

But despite the restrictions, they never stopped buying—still adding 1 $BTC per day.
March 7, 2025 at 2:59 PM
8) Despite the wins, El Salvador still faces major challenges.

The budget deficit persists, averaging -2.48% over the past decade.

Debt-to-GDP remains high at 87.7%, forcing the country to take a $1.4B IMF loan.

$BTC brought attention, but it didn’t fix the fundamentals.
March 7, 2025 at 2:59 PM
7) But was it really because of $BTC?

While Bitcoin played a role, the bigger factor was Bukele’s crackdown on crime.

Gangs ruled El Salvador for decades until his iron-fisted policies jailed over 75,000 criminals. 👥
March 7, 2025 at 2:59 PM
6) On the other side, since adopting $BTC:

- Crime has dropped 10x since 2019, making it safer than the U.S.
- Tourism tripled, with revenue soaring from $1.46B in 2021 to $3.85B in 2024.
- Bitcoin reserves generated $265M+ in profit.
March 7, 2025 at 2:59 PM
5) Most Salvadorans immediately cashed out the $30 bonus and never used $BTC again.

Only 1% of remittances flowed through $BTC, failing to cut fees.

Hackers stole 5.1M IDs to claim bonuses.

Merchants struggled with volatility, making pricing unstable.
March 7, 2025 at 2:59 PM
3) 24% of El Salvador’s GDP comes from remittances.

Banks and middlemen took up to 10% in fees, draining hundreds of millions from the economy.

Bukele’s bet? #Bitcoin would cut fees to near zero, keeping that money in Salvadoran hands.

But reality didn’t go as planned.
March 7, 2025 at 2:59 PM
One nation went all in on $BTC.

Another, $36T in debt, just launched a Strategic $BTC Reserve.

Why did one take the risk while the other held back?

Here’s the story of El Salvador’s desperation and America’s calculated power play. 🧵👇
www.ccn.com/news/crypto/...
March 7, 2025 at 2:59 PM
March 2, 2025 at 4:17 PM
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January 14, 2025 at 6:59 PM
🚨 Big news! 🚨

We’re excited to announce that we now have a Telegram channel! 🎉 Join us for the latest updates, exclusive content, and more.

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January 7, 2025 at 10:22 PM
Cheers to a fresh start! 🎉 Wishing all our amazing followers a Happy New Year from the team at CCN! Here's to new opportunities, growth, and success in 2025! 🥂 #HappyNewYear #CCN
www.ccn.com
January 1, 2025 at 5:35 PM
Searching for #crypto #exchanges with the lowest fees? 📊 Our comprehensive guide makes it simple to find the best options for 2024! Get all the insights you need to choose wisely. 🔎 💱
www.ccn.com/lowest-fee-c...
December 27, 2024 at 7:53 PM
5) History repeats itself once more here too.

According to Jeremy Siegel's research in "Stocks for the Long Run," from 1968 to 2001, 79% of nearly 9,000 IPOs underperformed small-cap indices, with nearly half lagging by over 10% annually. 📃
December 20, 2024 at 10:00 AM
4) What about IPOs? 🔍
Surely, they were a safe bet for success, right? No.

Between 2019 and 2024, only 200 of 2,030 IPOs outperformed the S&P 500.

That’s just a 9.85% success rate.
December 20, 2024 at 10:00 AM
3) Were ICOs worth it? 🧐
For most, no. Out of 813 surviving tokens, only 282 beat #Bitcoin's returns.
We measured success by comparing each token's performance to $BTC from launch to Dec 6, 2024.
Of 1,707 ICOs, just 16.52% were successful.
History repeats itself.
December 20, 2024 at 10:00 AM
ICOs and IPOs were seen as golden tickets to wealth.
#Ethereum revolutionized blockchain, while #Amazon changed e-commerce. ⛓️ 🛒
Both created legends, but for many, the ticket sank. Here’s why ICOs and IPOs often fail investors: 🧵
www.ccn.com/analysis/cry...
December 20, 2024 at 10:00 AM
💳 Exploring payment options for #XRP? From PayPal to bank wire transfers, credit cards, and even #crypto swaps—learn about all the payment options available ➡️ ccn.com/xrp-exchanges/
November 18, 2024 at 9:55 AM
⚖️ What do regulators look for in #XRP exchanges? Compliance with AML & KYC protocols and strong risk management are key. Stay informed and choose wisely: ccn.com/xrp-exchanges/
November 18, 2024 at 9:55 AM
🎓 New to #XRP trading? Use educational resources like simulated #trading, market analysis tools, and trading tips to level up your skills. Start learning here: ccn.com/xrp-exchanges/
November 18, 2024 at 9:55 AM