Massachusetts has introduced a bill to create a Bitcoin reserve, marking a significant moment for cryptocurrency adoption. Republican Senator Peter Durant of Worcester County proposed the legislation. This initiative positions Massachusetts as the first deep blue state to pursue such a bold financial strategy. MASSIVE BREAKING: A bill to establish
Texas Senator Charles Schwertner has announced the submission of Bill SB 778, proposing the establishment of the first state-level Bitcoin strategic reserve in the United States. If passed, this legislation could position Texas at the forefront of the digital economy, fostering economic growth and enhancing financial freedom. The bill likely
The Asian crypto community woke up this weekend to news of Bitcoin facing pressures at $94K. While there has been low activity, the altcoin sector shows mixed signals, with several tokens holding on to bulls and others giving in to bears. Meanwhile, Bybit halting services in India due to regulatory
The concept of digital asset strategic reserves is gaining a lot of traction these days. While Vancouver Mayor proposed a Bitcoin-friendly city to safeguard reserves, Satoshi Action Fund announced plans to introduce up to 20 Strategic Bitcoin Reserves bills by multiple US states. With the Trump election and an anticipation
As Bitcoin reclaimed the $100,000 mark, the market is filled with renewed hope for an upcoming larger bull run. Since the development of Bitcoin genesis block in 2009 to today, Bitcoin has grown tremendously in terms of market price and its adoption. Having limited supply and upward price trajectory over
Amidst raising institutional adoption of Bitcoin and global countries considering it for creating a reserve fund, Bitcoin is struggling to regain its previous highs. After falling to the lows of $92,000 price range, Bitcoin is slowly recovering and is trading in the $98k range today. Considering the limited supply and
Major organizations across the world are eyeing Bitcoin to maintain their reserves, mitigating the risks associated with fiat currency reserves. While this strategy was originally adopted by Microstrategy years back, global firms and governments are onboarding this year. The latest to join the Bitcoin reserve strategy club is Canadian firm
The cryptocurrency community has begun its holiday preparations with several events lined up for Christmas and the New Year. Amidst several giveaways, you might want to check out TheNewsCrypto’s Twitter for fun and exciting holiday events. Meanwhile, other members have begun discussions on how the crypto landscape would look like
Changpeng Zhao (CZ), the CEO of Binance with his recent comment on Russia’s Bitcoin reserve proposal. When Russia suggested using Bitcoin as part of its national reserves to navigate geopolitical challenges. CZ posted a response saying “probably nothing” with two laughing emojis. This comment raised questions, especially since CZ has
Jetking Infotrain, a 77-year-old Indian IT training company. Which has become the first publicly listed Indian business to adopt Bitcoin as part of its corporate treasury strategy. Jetking Infotrain, originally founded in 1947 as Jetking Electronics and listed on the Bombay Stock Exchange in 1986. Which has taken a bold
