How a fake tweet from Paraguay pushed Bitcoin to $110K
A fake post from the Paraguayan president’s X account claimed Bitcoin was now legal tender, triggering a sharp 4% price spike.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A fake post from the Paraguayan president’s X account claimed Bitcoin was now legal tender, triggering a sharp 4% price spike.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
US seizes Capstone’s bank accounts over alleged illegal transfers for Tether and Bitfinex
The seizure highlights vulnerabilities in crypto banking partnerships, potentially deterring small banks from engaging with crypto...
New York Sues Polymarket Over Alleged Illegal Gambling Operation
New York Attorney General Letitia James and Governor Kathy Hochul have announced a lawsuit against Polymarket US. The state allege...
New York Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation
Bitcoin Magazine New York Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation New York Attorney General Letit...
New York sues Polymarket over alleged illegal gambling operation
The lawsuit against Polymarket underscores the ongoing jurisdictional battle over prediction markets, potentially impacting regula...
Bitcoin shows near-zero correlation with rising bond yields, diverging sharply from gold
Bitcoin's low correlation with bond yields suggests it may offer unique diversification benefits, challenging traditional asset al...
Strategy’s daily dividend proposal puts Bitcoin funding back in investors’ hands
The @saylor account said Friday that Strategy wants to pay dividends daily on four of the preferred shares it uses in its Bitcoin...