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Biggest Bank of El Salvador Accepts Bitcoin for Payment for Financial Products

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Bancoagricola, the biggest bank in El Salvador, is now accepting bitcoin to pay for debts originated from the use of its instruments, according to a PR statement. Flexa, a payment network, was partnered by the institution to add cryptocurrency capabilities to its software. Bancoagricola allows merchants to use Wompi services (a digital payments processor) in order to receive bitcoin for the sale of goods and services.

Bancoagricola Embraces Bitcoin

Bancoagricola, the biggest financial institution in El Salvador, has been one of the first to include bitcoin support for its financial instruments. This means that its customers will be able to pay for financial instruments (like loans, mortgages, and credit card debt) with bitcoin, complying with the bitcoin law.

Customers who use Wompi, a digital payment gateway, will be able to receive bitcoin payments through this service. Carlos Mauricio Novoa, COO of Bancoagricola, stated:

We are thrilled to be the first financial institution to allow bitcoin access for customers in El Salvador across all of our financial products. This will help increase financial inclusion.

The bank also stated that it will provide full support for Bitcoin payments via their PoS terminals in the coming year.

Flexa Partnership In El Salvador

To achieve this goal Bancoagricola partnered Flexa, a digital payment platform. The institution was able to integrate bitcoin-related services easily into the platform. Flexa will be integrated in Bancoagricola’s PoS network, allowing customers direct bitcoin payments. To comply with the legal tender status for bitcoin that was approved on June 9, banks and other businesses have begun to include bitcoin into their payment networks.

Trevor Filter was the co-founder and chief executive of Flexa.

It is an incredible opportunity to partner with innovative and world-class organizations like Bancoagricola or Grupo Bancolombia in order to support better payment technology for millions Salvadorans. This partnership will have a profound impact on the lives of millions.

Bancoagricola has more than 1,000 customer attention points all over the country, with more than 5,400 employees serving customers. This inclusion has a significant impact on how citizens pay their debts. In the days ahead, more banks will announce deals to accommodate customers in accordance with the law.

Even with all this movement surrounding bitcoin, most Salvadorans (seven of ten) are against the use of it as a legal tender according to a poll organized by the University Institute of Public Opinion.

What do you think about Bancoagricola integrating Bitcoin services in El Salvador? Please leave your comments below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. This article is not intended to be a solicitation or offer to buy or sell any products or services. Bitcoin.com does not provide investment, tax, legal, or accounting advice. The author and the company are not responsible for any loss or damage resulting from or in connection to the content, goods, or services discussed in this article.

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5 Best Cryptos To Buy As Bitcoin Price Heads Towards $90K

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.


The price action of Bitcoin has witnessed a strong rebound. So analysts are now on the lookout for the best crypto to buy. This recent upsurge in Bitcoin is believed to mark the beginning of the long awaited bull run. As a result, many investors are considering altcoins like INJ, NEAR, TIA, SUI, and Remittix for huge gains. .

However, Remittix continues to shine brightly in the PayFi sector.  Read on to learn more.

Injective Teases Bullish Reversal Setup

Injective Teasers Based on Bullish Reversal If the rising channel support stays true, crypto expert Clifton Fx said, Injective might be preparing to review the upper border of the channel, a zone corresponding with past highs and denoting the next main resistance level.

On the other hand, a clear collapse below the present support would destroy the optimistic framework and maybe cause further downside and a test of less support zones. Since volatility still shapes price behavior all throughout the market, risk management is still very important.

Supported by oversold indicators and a historically meaningful support level, injective is displaying traditional signals of a bullish reversal. Coupled with rising market mood and Bitcoin’s strength, INJ might soon be on the rise, making it the best crypto to buy for those paying close attention.

NEAR Price Closes Below Support

NEAR has dropped since March 2024, according to the weekly time frame price study; it accelerated its fall from a lower high in December. Since then, the price has dropped nearly entirely without retracing, breaking from the $2.65 horizontal support range last week to a low of $1.82. The next nearest support is at the cycle lows of $1.25, which is about 40% below the present price.

Technical signals are clearly negative. Whereas the Moving Average Convergence/Divergence (MACD) is negative, the Relative Strength Index (RSI) is less than 50.

Both are declining, thereby verifying the negative NEAR trend. In 2025 the NEAR trend has been bearish, breaking off a long-term horizontal support level. Although the long run is bearish, there may be a notable short-term rebound. A breakthrough from its declining wedge may bring the NEAR price to $3.50. This makes NEAR the best crypto to buy.

Celestia (TIA) Price Outlook

Celestia is trading now between $2.31 and $4.17. Resistance lies close to $5.28; a second push is likely around $7.14; support is projected around $1.55. Bears have sway for now; the price is failing to rise higher and there is no significant directional trend. Careful trading within these ranges could test resistance and identify fresh support at the present critical level.

With a little weekly dip of 2.34%, Celestia (TIA) Price Outlook showed a 26.12% reduction over the previous month and a 59.19% fall over the last six months. With volatility characterizing their recent performance, price fluctuations have been significant and have resulted in notable changes in opinion. Indicators show a distinct downward trend throughout these periods and waning impetus as the market adapts.

SUI Price Action and Prediction

Following back-to-back Change of Character (CHoCH) and Break of Structure (BOS) pattern formations, the SUI price dropped significantly to $2.1395.

The crypto answered the CHoCH pattern fast. It happened close to $2.60, immediately reversing prices and starting a major drop.

As purchasers attempted desperately to absorb selling pressure, candle bodies hung over the $2.00 region without shattering it. Should prices continue to trade above the $2.00 support zone, a positive reversal of SUI might be seen. Should SUI close above the BOS level just below $2.40, a reversal would be confirmed and perhaps lead to more testing of the $2.60 supply zone.

If the price dropped below EQL, then a drop below $2.00 closing price would be inevitable, therefore verifying the continuation of the downtrend. Price decline might go into the intermediate zone of $1.80, where past accumulation was seen. Until the price structure dropped below the point of the $2.20 BOS support level, the market scenario generally remained cautious as short-term fluctuations continued at the $2.00 support level.

Why Remittix Is The Best Crypto To Buy Now

After selling over 528 million tokens and raising more than $14. 4 million in its presale stage, Remittix (RTX) is reinventing global payments by aggregating FIAT transactions using blockchain technology.

Remittix offers quick and competitively priced cross-border solutions. It is the better alternative to conventional payment providers like Stripe and Wise.Notable also is the open flat-fee strategy of the platform, which provides savings and openness over ridiculous rates of exchange of traditional banks.

Remittix is groundbreaking in the payments sector as it ensures that the whole amount sent reaches the receiver, therefore addressing unethical behavior all too frequently. The RTX currency shows strong investing possibilities at $0.0734 at the presale stage. Forecasts show an intriguing surge; demand for creative cross-border payment solutions is creating a 25x multiplier in the presale period and over 1,500% rises post launch.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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Bitcoin Tops $90K as Markets Rebound Despite Tariff Friction

The top digital asset roared past $90K on Tuesday morning as both traditional and crypto markets saw positive momentum despite Trump fumbling a trade deal with Japan. BTC Rally Defies Trade War Fears, Hits $90K Milestone Markets have been going haywire lately due to unresolved tariff concerns…
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Is iDEGEN (IDGN) worth a look as presale hits $22m?

As investors take note of the opportunities available in the market, one project attracting massive attention is iDEGEN. On February 27, 2025, the AI agent project’s token IDGN will go live. Ahead of this highly anticipated listing, the iDEGEN presale is on fire. Why is iDEGEN trending? Fresh momentum amid huge developments in the artificial…


The birth of iDEGEN: a new era of community-powered AI

As investors take note of the opportunities available in the market, one project attracting massive attention is iDEGEN.

On February 27, 2025, the AI agent project’s token IDGN will go live. Ahead of this highly anticipated listing, the iDEGEN presale is on fire.

Why is iDEGEN trending?

Fresh momentum amid huge developments in the artificial intelligence space have seen the project top $22.6 million. With just 10 days to go, the scramble to be part of the AI agent revolution is set to get even more frenzied.

This is because of the potential for iDEGEN to take over the AI meme coin space. iDEGEN is the first degen raised AI agent. Its unique approach had the agent starting off as a blank slate. However, it has learned everything from the community and posts once every hour.

An unfiltered approach and a growing market combine to put this project on top of the trending list. Over the past several weeks, iDEGEN has taken the center stage in driving the conversation on Crypto Twitter. Notably, the iDEGEN TikTok account is also recording a sharp spike in followers.

While its uncensored approach has landed the iDEGEN AI agent into X trouble, the bans have only helped fuel interest among investors.

Per details on the project’s presale page, the number of social impressions has jumped to over 2.5 million. The ICO has seen over 1.7 billion tokens sold, with potential hodlers currently above 24,700.

iDEGEN’s strong ICO run ahead of its debut in the market has investors excited for what’s possible. Speculation that top crypto exchanges could be eyeing IDGN for listing has only sparked further interest.

Is iDEGEN worth a look today?

The AI agent market is relatively small despite the recent breakout success for projects like Virtuals Protocol and ai16z. CoinGecko data shows the sector’s market cap today at $7 billion. In comparison, the meme coins market is at $81 billion and AI memes at just over $3 billion.

Given, the broader AI market, where OpenAI, Nvidia, Google and Microsoft among others are heavily investing in, is projected to rise further. These initiatives, including Project Stargate, suggest it might be early days for iDEGEN and other projects.

Presale opportunity is thus likely to be a major coup for early birds. Interestingly, there’s just 10 days to go before IDGN its exchanges on February 27, 2025. Buying at the current presale price of $0.0285 provides a bargain offer, with iDEGEN’s final presale price set at $0.038.

iDEGEN also offers staking opportunity, which has already attracted close to 100 million in staked tokens.

To learn more about iDEGEN, visit the official website.


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