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Bitcoin, crypto reserves
US state Bitcoin reserve bills will pour $23B into the market if approved
Twenty US states are pushing for Bitcoin reserve bills, and if passed, they could throw $23 billion (247,000 Bitcoins) into the crypto market, according to a prediction from VanEck analyst Matthew Sigel that was posted on X today.
Bitcoin could see $23 billion inflow if these 18 states pass bills to establish crypto reserves
If all 20 bills introduced in 18 states to establish state-level bitcoin reserves are enacted, it could potentially lead to the buying of more than $23 billion worth of bitcoin — or some 247,000 bitcoins in total — and drive up the crypto’s price.
Texas lawmakers want to establish a Bitcoin Reserve, what is it?
Texas lawmakers want to invest some state funds in cryptocurrency. A state Bitcoin Reserve would be established under SB 21. The bill does not establish a minimum amount required for investment or how long the assets must be held.
35m
on MSN
Man who lost $800 million bitcoin in landfill wants to buy the garbage dump
Buried deep in a Welsh landfill, beneath layers of years-old garbage, there is a hard drive that holds the key to almost $800 ...
Decrypt
19h
Trump Wants All Bitcoin Mined in the US—What Does That Mean for the Environment?
President Trump's administration could make the U.S. ideal for Bitcoin miners—particularly if it's lax on environmental ...
InsideBitcoins
1d
Bitcoin Price Prediction: As US CPI Inflation Data Overshoots, This BTC Meme Coin ICO Offering Free Bitcoin Rockets Past $1M
The Bitcoin price edged up a fraction despite higher-than-expected US CPI inflation data, but traders are buying this ICO for ...
2d
on MSN
Bitcoin price struggles near $100K as investors await key CPI figures
Bitcoin hovers near $100K as investors await US CPI data, with Fed policy and inflation concerns keeping it range-bound.
Decrypt
21h
Tether May Need to Sell Bitcoin to Meet Proposed US Stablecoin Rules, Says JP Morgan
JP Morgan claims that stablecoin leader Tether may need to sell its Bitcoin reserves to meet proposed U.S. rules. Tether says ...
1d
US releases Russian Bitcoin fraud suspect as Belarus frees American
US Envoy for Hostages Adam Boehler said in a CNN interview that one American was among the three detainees. He said that ...
1h
Bitcoin Price Outlook – Bitcoin Continues to See Sideways Action
The Bitcoin market continues to see a lot of sideways action, but the early hours of Friday looks as if it is going to be more positive than negative, but still a bit listless and looking for ...
BeInCrypto
1d
Bitcoin Reserve Proposals at US States Could Trigger $23 Billion in Purchases
US states are pushing Bitcoin Reserve bills that could drive $23 billion in BTC demand. Even a few successes may trigger a major price shift.
Crypto Briefing
2d
Bitcoin's Coinbase premium index turns red as US January CPI looms
Bitcoin's negative Coinbase premium signals selling pressure with US traders eyeing CPI data and inflation trends impacting ...
Crypto News
11d
US Spot Bitcoin ETFs See $5B Inflows in January, Could Surpass $50B in 2024: Bitwise CIO
US spot Bitcoin ETFs saw inflows totaling nearly $5 billion in January, a strong start that could push them toward $50 ...
1d
on MSN
US states lead in strategic Bitcoin reserve creation — Will Trump deliver on his BTC promise?
Nearly a third of US states are venturing into a financial frontier once considered to be completely unthinkable: creating a ...
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