Bitcoin printed yet another all-time high on Monday as BTC becomes more widely held by Americans than gold, according to a new report. Bitcoin-focused exchange River says new data shows that BTC is now “America’s emerging reserve asset,” and those living in the country own about 40% of the flagship crypto’s total supply, valued at…
Texas lawmakers approved legislation to establish a state-level strategic Bitcoin (BTC) reserve on May 21 after a 101‑42 House vote, according to the House livestream. The SB 21 bill is now only pending the approval of Governor Greg Abbott before it can become law. Bitcoin reserve The proposal allows the state comptroller to acquire Bitcoin…
As of this morning, BTC surged past $109,000, smashing its previous all-time high and confirming what many analysts have anticipated for months: the bull market is in full swing. Fueled by ETF inflows, global inflation hedging, and institutional demand, Bitcoin’s move is setting the stage for the next phase of crypto growth. But while…
In brief Bettors have wagered millions of dollars in crypto and fiat on Bitcoin’s future price action, as of Wednesday. Bitcoin hit a new all-time-high price of more than $109,000 on Wednesday. Many traders across Polymarket, Kalshi and Myriad Markets believe the token will hit at least $115,000 at some point this year. Prediction markets…
Texas could soon become one of the first states to incorporate cryptocurrency like Bitcoin into its financial strategy after the Texas House on Wednesday advanced a bill that would create a state-managed crypto reserve. Senate Bill 21, introduced by Republican Sen. Charles Schwertner of Georgetown, would authorize the state comptroller to buy and manage cryptocurrency…
The price of Bitcoin broke its record on Wednesday, climbing to just shy of $110,000 to eclipse the previous high from January as risk sentiment continues to improve after last month’s tariff-induced sell-off. The flagship cryptocurrency surged to as high as $109,693, or 2.2%, before giving up most of the gains to fall back to…
Having finally exceeded the highly anticipated $100,000 mark on May 8, according to experts, Bitcoin seemed to be in line for a rapid rally to fresh all-time highs, as per a report. Market sentiment was mostly bullish, particularly with trade tensions between the United States and China slowly easing, according to The Street. But with…
The Texas House of Representatives has passed the third reading of SB 21, a bill that seeks to establish a strategic Bitcoin reserve in the state. The bill passed via a 101-42 vote and will now go to Texas Governor Greg Abbott’s desk for either a signature or a veto. SB 21, authored by state…
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Metaplanet Inc., Japan’s leading Bitcoin treasury company, surged to a new all time high in market capitalization this week, propelled by Bitcoin’s own historic ATH. The firm’s aggressive Bitcoin acquisition strategy, innovative financing, and rising investor confidence have driven its valuation to ¥470.3 billion, up 554.5% year-to-date, closely tracking Bitcoin’s surge past its new ATH…