On Thursday, December 12th, Texas officially filed a bill to set up a strategic Bitcoin reserve in the Texas House of Representatives. The act serves as a testing ground for the U.S. Treasury.

Blackrock recommends that interested investors consider allocating as much as 2% of their portfolio to bitcoin, the world's largest cryptocurrency, the giant asset manager said in a report on Thursday.

Representative Giovanni Capriglione filed it live during a 𝕏 spaces.

On Thursday, Dec. 12, Texas Representative Giovanni Capriglione introduced a bill to establish a bitcoin reserve as a financial asset within the state treasury, marking a significant step toward incorporating cryptocurrency into public financial management.

A bill was introduced on Thursday to create a strategic bitcoin reserve following Trump's support for investing in bitcoin.

Bitcoin whales are back in buy mode as BTC price strength continues despite a new stagflation jolt for the US Federal Reserve.

Exodus Movement announced updated figures for its digital asset holdings and swap volume as Bitcoin surpassed the $100,000 milestone. According to a note sent to crypto.

Bitcoin recently hit the $100K mark, and many are wondering if this is the start of a new bull run. Gareth Soloway, Chief Market Strategist of Verified Investing, discussed the recent surge and its connection to broader market trends in an interview with David Lin.

Texas bill proposes creating Strategic Bitcoin Reserve as a hedge against inflation, allowing tax payments in Bitcoin. The post Texas House proposes bill to establish Strategic Bitcoin Reserve appeared first on Crypto Briefing.

Vancouver explores integrating Bitcoin into city finances, aiming to enhance stability, modernize payments amid inflation concerns.

To solidify its position as the top investment in 2025, XRP needs to smash through higher levels, proving it's here to stay - not just a fleeting trend.

Texas State Rep Giovanni Capriglione has filed a Bill to establish a strategic Bitcoin Reserve, aligning with President-elect Donald Trump's grand plans. With the concept of a Bitcoin reserve growing at the Federal level, the Bill has positioned Texas as a front-liner among other states.

The bill aims to establish a strategic Bitcoin reserve in the state of Texas, mirroring efforts on the national level in the United States.

El Salvador's President Nayib Bukele has stirred global speculation after announcing the discovery of an estimated $3 trillion in unmined gold.

Pudgy Penguins surpasses Bored Apes, becoming the second most valuable NFT collection. The floor price of Pudgy Penguins surged 76% in one week, reaching $105,000.

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This move could drive institutional adoption, inspire corporate treasury strategies, and accelerate mainstream integration of digital assets into traditional finance.

Bloomberg has shared a 25-name list of the wealthiest families in 2024, showcasing familiar names like the Walton family and new entries such as Ofer and Thailand's Chearavanont. The top family is reportedly valued at $406.5 billion, while the 25th name on the list has a wealth of $37.4 billion.

TL;DR BlackRock recommends a 2% Bitcoin allocation limit to maintain a balance between risk and reward in investment portfolios. The firm acknowledges Bitcoin's growth potential and its value as a hedge against inflation but warns about market volatility and regulatory uncertainty.

As per the latest Forbes report, a recent report by BlackRock titled ‘Sizing Bitcoin in Portfolios', its analysts have noted that Bitcoin offers a risk profile similar to the Magnificent Seven firms like Apple, Amazon, Tesla, Nvidia, Meta, Google, and Microsoft.

US Spot Bitcoin ETFs now hold more than 2.5% of BTC's circulating supply.

Bitcoin (BTC) smashed the $102,000 price target for the second time in its existence this Thursday. In the previous day's trading session, the BTC/USD pair rallied 4.7% before adding another 1.2% today.

On this day 14 years ago, Satoshi Nakamoto, Bitcoin's pseudonymous founder, made his last known post on the Bitcoin forum. According to Bitcoin historian Pete Rizzo, Satoshi ceased activity on the discussion platform as he logged off the following day, Dec. 13, 2010, never to return.

Sygnum Bank also highlights potential risks, including macroeconomic instability, Tether's dominance in the stablecoin market, meme coin bubbles, and geopolitical tensions. The post Bitcoin to Soar in 2025? Sygnum Bank Predicts Institutional Investment Surge appeared first on Cryptonews.

Peter Schiff has once again shared his concerns about Bitcoin (BTC), suggesting that there needs to be a clearer line between the digital asset and the concept of money itself. His concerns come up in the context of broader economic discussions about inflation and the Federal Reserve's strategies.

Byte Federal reports that the personal data of 58,000 users was compromised in the breach. They assured no user funds or assets were compromised.

Will Robert Kiyosaki's warning of the biggest economic crash come true?

Starboard is reportedly pushing the miner to convert some of its mining sites into data centers.

President-elect Trump strongly supported cryptocurrency during a visit to the New York Stock Exchange.

The Kenya National Fire Brigades Association (KENFIBA) has become the first labor union in Kenya to adopt bitcoin. This move, facilitated by Proof of Workforce, aims to support the union's efforts to improve working conditions and emergency response capabilities for firefighters in Kenya.

The idea of public companies holding bitcoin on their balance sheets is gaining renewed traction.

AMP, Australia's major retirement fund, has made a pioneering move by investing $27 million in Bitcoin, becoming the first significant superannuation fund to do so.

The Wall Street firm said its reasonable for investors to put a small portion of their portfolio into bitcoin.

BlackRock recommended a Bitcoin allocation size for the first time, likening the digital asset to Wall Street's “magnificent 7”.

Bybit and analytics firm Block Scholes released a derivatives market report indicating mixed signals for Ethereum and Bitcoin. The report highlights a decline in Ethereum's (ETH) perpetual open interest, primarily due to the liquidation of overleveraged long positions.

Bitcoin consolidates above $101K, testing $102K resistance. RSI and 50 EMA signal bullish momentum. Will BTC rally to $105K or face support at $99,750? The post Bitcoin Price on Track for New Highs? Saylor Calls BTC the Ultimate “Wealth” Game appeared first on Cryptonews.

Citi Wealth strategists argue that stablecoins are reinforcing the U.S. dollar's global dominance, while challenging the idea that Bitcoin could someday replace the dollar as the leading global currency.

Bitcoin (BTC) again retested the $100,000 mark, driven by renewed optimism surrounding potential Federal Reserve interest-rate cuts.

Michael Saylor, co-founder and the executive chairman of the MicroStrategy giant, has addressed the Bitcoin community regarding the role of Bitcoin in the money evolution.

The world's largest asset manager, BlackRock Inc. (NASDAQ; BLK), suggests that Bitcoin (CRYPTO: BTC) could hold a place in multi-asset portfolios, albeit within a narrow range. Quoting a report from the BlackRock Investment Institute, Bloomberg reported that allocating 1% to 2% of a portfolio to Bitcoin would produce a risk profile comparable to investing in the “Magnificent Seven” technology stocks within a traditional 60/40 portfolio of equities and bonds.

Max Keiser, a prominent Bitcoiner, former financial journalist and currently the Bitcoin advisor to El Salvador's president Nayib Bukele, has published a crucial warning to those who prefer to invest in and hold the most valuable precious metal – gold.

Ray Dalio is the Founder of Bridgewater Associates, where he serves as a CIO Mentor and remains an active member of the firm's board.

According to a paper released Dec. 12, BlackRock suggests that a 1% to 2% Bitcoin allocation in multi-asset portfolios matches the risk levels found in portfolios holding technology stocks. The asset manager, which oversees trillions of dollars, frames this range as a strategic starting point for investors seeking diverse sources of risk.

Alipay, China's largest payment platform, displayed new advertisements promoting spot Bitcoin ETFs with a minimum investment of 10 yuan ($1.40).

58,000 users' personal data was potentially compromised in Byte Federal data breach. Byte Federal Suffers Data Breach Byte Federal, one of the largest bitcoin ATM providers in the U.S. has disclosed a data breach impacting approximately 58,000 users.

The Bitcoin market continues to see a lot of resistance above, extending all the way to the $104,000 region. At this point in time, the market is likely to continue to overall consolidation that we have been in for some time.

Bitcoin miners have reached a monumental milestone, earning a cumulative $71.49 billion, according to Glassnode.