Paraguay is setting an important project in motion this week, hinting at Bitcoin (BTC) and its legal tender status, announced congressmen Carlitos Rejala in a tweet. Only a day after the announcement made by the El Salvador President Nayib Bukele on Twitter, it seems Paraguay is going to be the next country racing to legalize […]
The post Paraguay joins the crypto train, says ‘Bitcoin to the moon’ appeared first on CryptoSlate. origin »
Bitcoin price briefly traded above $35,000 as the stock market hit new highs and Paraguay aims to become the second country to adopt BTC as legal tender.
Just days after El Salvador’s bitcoin announcement, Paraguay may be the next nation to announce a big project involving the flagship cryptocurrency. This is according to a recent tweet from Paraguay’s Deputy of the Nation.
Paraguay’s hydroelectric powered-towns, long associated as dugouts for drug cartels, smuggling, and ammunition rackets, are now home to miners connected in a sophisticated network circuitry to mine cryptocurrencies for their owners.
Bitcoin is above 21-day moving average as technical indicators suggest the possibility of a $94,000 binge in the wake of global economic uncertainties.
Bitcoin exchange reserves plummet as 20,000 BTC leaves exchange in one week, indicating major shift towards self-custody, potential supply squeeze in 2026.
Best crypto to invest in narratives strengthen as $32B flows into US crypto ETFs despite a year-end pullback. DeepSnitch AI continues gaining traction as it passes $1M.
South Korea has jailed a CEX employee for Bitcoin ($BTC) bribery and espionage linked to North Korea which highlights strict stance on crypto-related crimes.