Second Bitcoin reserve bill introduced in Georgia, now without investment limit

Another Bitcoin reserve bill has been introduced in Georgia to allow the state treasurer to invest in Bitcoin without limits, only 10 days following the first bill’s submission. If passed, the second Bitcoin (BTC) reserve bill introduced in the state…

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State of Wisconsin Investment Board reports over $321M BTC exposure

The state’s pension fund increased its Bitcoin exposure while also consolidating its investment into a single exchange-traded fund.

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Abu Dhabi invests $437M in Bitcoin ETFs, Wisconsin doubles its holdings

In recent 13F form filings, Abu Dhabi’s sovereign wealth fund Mubadala Investment Company and the State of Wisconsin Investment Board revealed exposure to Bitcoin (BTC) through BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF).

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Georgia enters the Bitcoin reserve race with state BTC treasurer bill

Georgia State Senator Greg Dolezal has introduced Senate Bill 178, which aims to permit the state treasurer to invest in Bitcoin. The bill, co-sponsored by Senators Brandon Beach and Clint Dixon, has been added to the Senate Hopper for consideration.…

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$23B Bitcoin boom? VanEck says state reserve bills could spark massive inflows

Several US states, including Texas, Pennsylvania, and Ohio, are pushing proposals to invest public funds in cryptocurrencies or establish state-level bitcoin reserves. Asset manager VanEck analysed 20 such bills and estimated that, if implemented, they could lead to $23 billion in bitcoin purchases, equivalent to approximately 242,700 BTC.

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VanEck: State Bitcoin bills could trigger 247k BTC purchase if enacted

A new analysis by VanEck suggests that 20 state-level Bitcoin reserve bills, if enacted, could lead to $23 billion in Bitcoin purchases, equivalent to 247,000 BTC. This estimate excludes potential pension fund allocations, which could further increase demand if lawmakers…

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South Dakota lawmaker proposes two Bitcoin Reserve bills, eyes 10% state fund allocation

South Dakota Representative Logan Manhart made two new legislative proposals on Jan. 30 aimed at incorporating Bitcoin (BTC) into the state’s investment strategy.   House Bill 1202 (HB 1202) would allow the state to allocate 10% of its public funds to Bitcoin.

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Massachusetts becomes 8th US state to propose BTC reserve laws

Some 15 U.S. States, including Massachusetts, reportedly worked on Bitcoin reserves laws days before Trump’s Capitol Rotunda inauguration.

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Retail Bitcoin Transactions Drop To Lowest Level Since 2021 – What This Means For BTC

Bitcoin has shown resilience by pushing above key demand levels, but the psychological and technical barrier of $100K remains unclaimed. This resistance has left investors and analysts in a state of uncertainty, with no clear short-term direction for the market leader.

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First Bitcoin Acquisition By A US State ‘Near Guaranteed’ Within 4 Months: Expert

Dennis Porter, co-founder and CEO of the Satoshi Action Fund (SAF), announced at Michael Saylor’s $100K New Year’s Eve Bitcoin Party in Miami that a US state is on the brink of initiating BTC purchases within the next four months.

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Russian Lawmaker Proposes Creating Strategic Bitcoin Reserve: Report

Anton Tkachev proposed "assessing the feasibility of creating a strategic BTC reserve in Russia by analogy with state reserve in traditional currencies."

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XRP Skyrocketing: Will It Continue or End Here? Shiba Inu (SHIB) is Missing Out Massively, Bitcoin (BTC) Paints Problematic Divergence

The market is clearly in a pivotal state

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Bitcoin Market Euphoric, Faces Risk of Pullbacks and Leverage Washouts, Trading Firm Warns as BTC Price Nears $90K

BTC's breakout has the market in a state of euphoria, QCP Capital said.

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Bhutan’s Bitcoin stash hits $1 billion as speculation around nation state adoption intensifies

Bhutan’s Bitcoin reserves have quietly swelled to over $1 billion, positioning the small Himalayan kingdom as a unique player in the world of sovereign wealth. According to Arkham Intelligence data, Bhutan’s government-owned Druk Holdings has reportedly amassed over 12,500 BTC, marking a significant commitment to digital assets amid growing interest in crypto as a strategic […] The post Bhutan’s Bitcoin stash hits $1 billion as speculation around nation state adoption intensifies appeared first on CryptoSlate.

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Michigan’s Pension Fund Allocates $10M To Ethereum ETFs, Exceeding BTC ETF Holdings

On Monday, the State of Michigan revealed substantial investments in cryptocurrency exchange-traded funds (ETFs) for Bitcoin and Ethereum in a 13F filing with the US Securities and Exchange Commission (SEC).

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Inspired by Trump, Florida Official Eyes State Bitcoin Stockpile for Retirees

Florida's chief financial officer proposed that the funds that support retired state workers should dabble in crypto, inspired by Republican presidential candidate Donald Trump's support for the U.S. government stockpiling bitcoin {{BTC}}.

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Russia to ban Bitcoin mining in key regions due to electricity deficit

Cryptocurrency mining will soon be banned in certain regions of Russia due to electricity shortages, per Deputy Energy Minister Evgeny Grabchak. Russia will soon prohibit Bitcoin (BTC) mining in several regions due to a critical electricity shortage, Russia’s state news…

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Critical US swing state passes ‘Bitcoin Rights’ bill to protect BTC holders

The Pennsylvania House of Representatives passed a bipartisan bill on Oct. 24 aimed at providing regulatory clarity for digital assets, marking a significant development in state-level efforts to address crypto regulation.

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Bitwise files XRP ETF in Delaware 

Wealth manager Bitwise has registered a Delaware Trust for a fund that would track Ripple’s native cryptocurrency, XRP. Bitwise, a Bitcoin (BTC) and Ethereum (ETH) exchange-traded fund issuer has filed for an XRP (XRP) ETF in the state of Delaware…

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Ohio senator introduces bill to legalize Bitcoin, crypto payments for state taxes, fees

Ohio State Senator Niraj Antani introduced legislation aiming to legalize Bitcoin (BTC) and other crypto payments for taxes and fees in the state of Ohio and its local political subdivisions. The bill — introduced on Sept.

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Ex-Coinbase CTO: ‘Fed wants you dead,’ Bitcoin counters state control

Former Coinbase CTO Balaji Srinivasan spoke at the Network State Conference in Singapore on Sept. 22 about Bitcoin’s potential to protect wealth against inflation. Srinivasan claimed that Bitcoin (BTC) serves as a shield against what he describes as the gradual…

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Bitcoin Lightning Network growth slows down - What's happening?

The Bitcoin Lightning Network has seen a sharp drop in key metrics amid declined usage.  However, BTC payments continued to gain popularity after the recent endorsement by Trump and the State The post Bitcoin Lightning Network growth slows down - What's happening? appeared first on AMBCrypto.

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Bitcoin and the Himalayas: How Bhutan Became a Crypto Powerhouse

Tiny nation state Bhutan has mined 13,011 Bitcoin (BTC) worth over $780 million—almost one-third of its entire gross domestic product (GDP).

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This Is Where Bitcoin (BTC) Price Is Heading, Dogecoin (DOGE) in Bad State, Solana (SOL) Bounce Is Incoming, Here's Why

Market is declining, and assets of all kinds are losing their value

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Bitcoin investors turn cautious as speculative appetite wanes – Glassnode

Bitcoin (BTC) investors are showing a reduced appetite for speculation amid a state of equilibrium across on-chain activity and perpetual futures markets, according to a recent report by Glassnode.

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Why THIS pension fund's $6.6M investment in Bitcoin ETFs is important

Michigan's state pension fund has invested $6. 6 million in Bitcoin ETFs This is another chapter in the growing mainstream adoption of BTC, other cryptos In a recent regulatory filing, the StThe post Why THIS pension fund's $6.

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Germany already lost out on $124M profit selling its Bitcoin

The State of Saxony, gripped by fears of a sudden Bitcoin price crash, hastily ordered the sale of its 50,000 BTC stash.

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Peter Brandt Reveals His Bearish Bitcoin (BTC) View

Peter Brandt is not so bullish about Bitcoin's current state

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Major Bitcoin Price Headwind Just Disappeared

Bitcoin bulls have a reason to be optimistic as a German state is finally done selling its BTC holdings

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Bitcoin Stages Sudden Comeback Toward $60,000 As Fears On Germany’s Selling Spree Allayed

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Bitcoin Steady at $58.5K as German State Saxony Moves Over $600M in BTC

BTC held largely steady amid the continued divestment of coins, having failed to keep gains above $59,000 during the Asian hours.

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Bitcoin and Ethereum Price Analysis: BTC’s Lack of Buyers and ETH Spot ETF Potential – What’s Next?

Jackis, a top crypto analyst, recently intriguing insights into the current state of Bitcoin and Ethereum. His observation, shared via a detailed post on the X platform, shed light on the distinct market behaviours of these leading crypto assets.

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Bitcoin Rights Secured In Louisiana: New Bill Protects BTC And Shuns CBDCs

Bitcoin, the leading cryptocurrency asset in the financial sector, is set to garner more recognition as the state of Louisiana has enacted a historic law that will safeguard BTC access while outlawing the use of Central Bank Digital Currencies (CBDCs).

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XRP Becomes Most Stable Asset on Crypto Market, Unexpected Hit: Bitcoin (BTC) Loses $65,000: Reversal Still Possible, Ethereum (ETH) Meets First Strong Support

Market's current state raises some serious questions and a lot of concerns

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Expert Forecasts Altcoin Market Crash, Suggests Optimal Buy-In Points For Top 10 Cryptos

Renowned crypto analyst Doctor Profit recently released “The big altcoin report” for the third quarter of the year, suggesting further downward movement for the market.   Based on historical performance and the current state of the market, Doctor Profit warns of an impending altcoin market crash triggered by an episode of uncertainty and a recent price correction in the top 100 cryptocurrencies, led by Bitcoin (BTC).

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Tuur Demeester believes bear market in bonds could reshape traditional portfolio management

In a recent interview with CryptoSlate at BTC Prague 2024, Tuur Demeester, a renowned Bitcoin research analyst at Adamant Research, shared his journey into the world of Bitcoin and provided insightful perspectives on the current state and future of digital asset adoption.

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Top Cryptocurrencies Including Solana (SOL) and Ethereum (ETH) Bleed: Analyst Answers Whether You Should Sell Your Coins

According to a recent X thread by analyst Blockchainedbb, the current state of Bitcoin (BTC) and other coins should not be a cause for panic among swing traders, despite the heavy bleeding in altcoins.

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Ethereum (ETH) in Critical State, Here's Why Bitcoin (BTC) Can't Reach $70,000, Will XRP Reach All-Time Low?

Market has seen a noticeable drop recently

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Last Chance: Market Expert Reveals Why Now Is The Perfect Time To Invest In These 5 Altcoins

Renowned market expert Michael Van de Poppe has recently shared his insights on the current state of the cryptocurrency market, highlighting potential breakout opportunities for altcoins.   As the largest cryptocurrency on the market, Bitcoin (BTC), consolidates in a price range between $67,000 and $70,000, Van de Poppe’s latest market update suggests that this may be the ” final time” to invest in altcoins before a potential breakout.

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Bitcoin Price Analysis: Top Trader Warns of an Imminent BTC Correction – Here’s Their Outlook

Bitcoin’s price movements have always been a subject of intense analysis. Trader Alan Santana offered a comprehensive analysis of Bitcoin’s current state on TradingView lately. Despite some notable developments in the market, the analyst notes that bearish signals continue to dominate, suggesting that a correction might be imminent.

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Crypto Analyst Shares a Bitcoin (BTC) Move That Always Leads to a Big Pump

In a recent video, cryptocurrency analyst Michael Pizzino discusses Bitcoin’s (BTC) second-highest monthly close in history and the current state of the market. Pizzino notes that despite this milestone, trading volume and volatility have been extremely low, suggesting that market participants are not reacting strongly to the news.

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Cardano (ADA) Is In Catastrophic State, Bitcoin (BTC) Future to Surprise You, Solana (SOL) Can Still Be Saved: Here's How

While many assets are in trouble, situation isn't so dire

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Bitcoin, Ethereum, And Solana: Galaxy Digital CEO Predicts Next Market Movements

Mike Novogratz, the CEO and founder of Galaxy Digital, shared his insights on the current state of the cryptocurrency market.  According to Bloomberg, Novogratz predicts that Bitcoin (BTC) will likely remain within a relatively narrow trading range for the current quarter as the adoption of cryptocurrencies in traditional finance continues to evolve.

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Bitcoin layer-2 landscape “set to boom” as BTC keeps outperforming: Bybit

Bitcoin layer-2 solutions are rising in 2024, including state channels, sidechains, and rollups, as Bitcoin's market dominance grows. The post Bitcoin layer-2 landscape “set to boom” as BTC keeps outperforming: Bybit appeared first on Crypto Briefing.

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Bitcoin (BTC) on Verge of Losing $60,000, Is Shiba Inu (SHIB) Ready for It? Solana (SOL) Forms Reversal Pattern

Market was coming back, but current state of things doesn't look good

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All about the state of Ethereum after Bitcoin's halving

Ethereum sees more outflow but fewer new stakes. ETH continued its recovery post-BTC halving. As the Bitcoin [BTC] halving approached, altcoins experienced a price decline. Analysis indicateThe post All about the state of Ethereum after Bitcoin's halving appeared first on AMBCrypto.

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Bitcoin's 'different' halving - Why miners aren't selling their usual BTCs

Last month, miners sold less than 1/3rd of the total coins sold in February HODLing might also be motivated by the negative state of the market currently The countdown to Bitcoin's [BTC] halThe post Bitcoin's 'different' halving - Why miners aren't selling their usual BTCs appeared first on AMBCrypto.

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Bitcoin 2 Months Through “Euphoria Wave,” How Long Was The Last One?

On-chain data shows Bitcoin has been going through a “euphoria wave” for two months. Here’s how long it was in this phase during the last bull run. Bitcoin Has Been In Euphoria Wave Phase According To Supply In Profit According to the latest weekly report from the on-chain analytics firm Glassnode, the current BTC cycle is similar to the last one regarding the “Supply Profitability State.

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Beyond the Dip: Crypto Analyst’s Strategies on Bitcoin and Altcoins – Ethereum (ETH), Solana (SOL), and AXS in Focus

Crypto analyst Daan Crypto Trades lately shared his perspectives on the current state of the market. With a focus on Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Axie Infinity (AXS), Daan provided an in-depth analysis of the potential risks and opportunities for traders and investors.

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