Texas Pioneers State-Level Bitcoin Reserve Initiative with Groundbreaking Bill
Texas lawmakers are considering revolutionary legislation that would establish the state as one of the first to maintain official cryptocurrency reserves. The Senate Bill 21 would authorize the Texas Comptroller's Office to acquire and manage Bitcoin, marking a significant step in state-level digital currency adoption.
Bitcoin Holds Steady While XRP and Altcoins Show Bullish Momentum
Bitcoin trades within a narrow range as analysts maintain optimistic long-term price targets up to $300,000 by 2025. Meanwhile, XRP, Litecoin, MANTRA and Gate Token display upward momentum amid an explosion of new token launches affecting market liquidity.
22 US States Consider Historic Bitcoin Reserve Legislation Worth $23.7 Billion
Nearly two dozen US states are exploring groundbreaking legislation to establish Bitcoin reserves, potentially accumulating 247,000 BTC valued at $23.7 billion. The widespread initiative, led by states like Texas and Florida, signals growing mainstream acceptance of cryptocurrency for public fund management.
Bitcoin Reserve Plan Emerges as Musk Sounds Alarm on U.S. Debt Crisis
Elon Musk expresses grave concerns over America's spiraling $36 trillion debt, while the Trump administration explores establishing a national Bitcoin reserve. The initiatives include a new Doge-inspired department led by Musk that has reportedly generated $100 billion in savings.
Barclays Makes $131M Strategic Investment in BlackRock's Bitcoin ETF
Barclays Bank has invested $131 million in BlackRock's Bitcoin ETF, marking a significant milestone in institutional crypto adoption. The investment follows increased interest after the US election and aligns with other major banks expanding their Bitcoin ETF holdings.
CAR President Launches Controversial Meme-Coin Despite Previous Bitcoin Setbacks
Central African Republic's President Touadéra unveils $CAR cryptocurrency as an experimental initiative to boost development, despite its 90% post-launch plunge. The move follows CAR's limited success with Bitcoin adoption in 2022, raising both hopes and concerns about the nation's crypto ambitions.
Bitcoin Dips as Unexpected US Inflation Jump Dampens Rate Cut Hopes
Bitcoin and major cryptocurrencies declined after US January inflation hit 3.0%, exceeding forecasts and raising concerns about delayed Federal Reserve rate cuts. Fed Chair Powell's Senate testimony emphasized a cautious approach, suggesting higher rates may persist longer than markets anticipated.
Japan Plans Major Crypto Reform: 20% Tax Rate and Bitcoin ETF Approval by 2025
Japan's FSA considers reducing crypto tax from 55% to 20% and lifting the Bitcoin ETF ban as part of a comprehensive regulatory overhaul. The reforms, expected by 2025, aim to boost Japan's competitiveness in the global digital asset market while enhancing investor protection.
SIX Exchange Pioneers Crypto Collateral Integration for Traditional Finance
Swiss exchange operator SIX launches Digital Collateral Service enabling institutions to use cryptocurrencies alongside traditional assets as collateral. The groundbreaking platform supports seven major cryptocurrencies and streamlines collateral management through a unified system.
Man's £598M Bitcoin Quest: Plans to Buy Landfill Where Lost Fortune Lies
A British IT worker aims to purchase an entire landfill site in Wales where he believes his accidentally discarded hard drive containing 7,500 Bitcoins lies buried. After a decade of failed recovery attempts, James Howells sees a new opportunity as the site plans to close for conversion into a solar farm.