-
The Texas Senate has just voted in favor of a strategic Bitcoin reserve bill (SBR). The bill (SB21) has passed in a 25-5 vote. This marks a significant breakthrough for state-level SBR bills after some other states rejected them in quick succession. Senator Charles Schwertner has stated that Bitcoin has proven itself…
-
Several U.S. states are getting closer to putting public money into cryptocurrencies effort, spurred by President Donald Trump since he announced plans to do the same on a federal level. And Texas is now among the leading contenders. On Thursday, the Texas state senate passed the so-called SB 21 bill which would allow the state…
-
On-chain data shows the Bitcoin Hashrate has made some notable recovery recently, a sign that optimism may be returning among the miners. Bitcoin Hashrate Has Been Recovering From The Crash The “Hashrate” is a metric that keeps track of the total amount of computing power that the miners as a whole have connected to the…
-
Bitcoin (BTC) gained 6.8% between March 5 and March 6, briefly reclaiming $92,000. However, the trend reversed after the S&P 500 fell 1.3%, triggered by a warning from Philadelphia Federal Reserve President Patrick Harker about the US economy. Other factors also kept Bitcoin’s price below $95,000, such as rising tensions in Ukraine and uncertainty over…
-
The Japanese hotel and investment firm, which saw its stock price surge by around 2,600% over the past year amid its Bitcoin pivot, is continuing to accumulate BTC. In a published statement, Metaplanet says it increased its BTC stack as part of its ongoing Bitcoin Treasury operations. Metaplanet CEO Simon Gerovich says the company bought…
-
Creating a strategic cryptocurrency reserve in the United States could boost Bitcoin’s (BTC) market capitalization by roughly 25%, or approximately $460 billion, according to an analysis by Sygnum Bank shared with Cointelegraph. US President Donald Trump’s plans for a national crypto stockpile, along with similar proposals across dozens of US states, could trigger a multibillion-dollar…
-
Bitcoin (BTC) fell to intraday lows after the Mar. 6 Wall Street open as market discounted good news coming from the US’ first White House Crypto Summit. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin shrugs off Crypto Summit excitement Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading down 2% on the day. A run…
-
Today, the Texas Senate has passed SB 21, a bill aimed at creating a strategic Bitcoin reserve for the state, by a vote of 25-5. The bill will now advance to the Texas House for further consideration. Texas Lieutenant Governor Dan Patrick identified SB 21 as a priority bill for the 2025 legislative session this…
-
White House crypto czar David Sacks has criticized the US government’s sale of confiscated Bitcoin over the years, referring to it as a strategic mistake that has cost taxpayers billions. In a March 6 social media post, Sacks said the US government generated $366 million in proceeds from its Bitcoin (BTC) sales over the past…
-
Real Vision’s chief digital assets analyst Jamie Coutts believes Bitcoin (BTC) is gearing up for a massive breakout after weeks of volatility. Coutts tells his 35,600 followers on the social media platform X that he thinks a weakening US dollar and a massive sell-off in the crypto markets sets Bitcoin up for a bullish reversal…