The President of Paraguay announced that Bitcoin has been recognized as the country's official currency. Following the announcement, Paraguayan government officials announced that they detected suspicious activity in the post on President Peña's X account about Bitcoin being declared official currency in the country. The authorities stated that the posts on the account should not be taken into account until an official statement is received.
At the time of writing, Bitcoin (BTC) is trading at $109,421 and Ethereum (ETH) is trading at $2,666.
The fear and greed index is at the greed level with “64”.
Important developments for the day:
Shuffle (SHFL): The qualification process for the entire Airdrop 2 distribution is ongoing.
Ether.fi (ETHFI): There will be an analysis presentation and Q&A session on the project.
