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Texas Senator Charles Schwertner announced a proposal for a state-level Bitcoin strategic reserve. Enacting SB 778 could position Texas as a leader in digital asset adoption.
Robert Kiyosaki, the well-known author of “Rich Dad Poor Dad” and a strong supporter of Bitcoin, has shared a bold prediction about the future of the cryptocurrency. He believes Bitcoin will reach $250,000 by the end of 2025. This prediction comes after Bitcoin recently crossed the $102,000 mark.
Blockstream CEO and co-founder Adam Back is to join Komainu's board of directors.
Bitcoin Open Interest (OI) on leading crypto exchange Binance soared to $500M shortly after the CPI data release. Coinglass data shows the exchange witnessed a surge in OI for the largest crypto by market cap on January 15 within hours of the release of lower-than-expected US Consumer Price Index (CPI) data for December.
Senator Charles Schwertner, a physician and state lawmaker, has filed SB-778. This groundbreaking bill aims to establish a Strategic Bitcoin Reserve.
The transaction was funded in bitcoin, with Komainu establishing its own bitcoin treasury to manage the capital provided.
Bitcoin (BTC) briefly reclaimed $100,000 after registering a jump of almost 3%, making a strong recovery after plunging below $90,000 a day prior. The increase can be attributed to fresh inflation data and regulatory developments considered bullish for the flagship cryptocurrency.
Bitcoin surpassed $100,000 as multiple research firms, including HashKey, Standard Chartered, and Bernstein, project prices could reach $300,000 by the end of 2025, driven by institutional adoption and strong holder behavior.
Wednesday's price action for bitcoin was the fourth time it exceeded the key $100,000 price level.
Per the filing, any third party can file a claim for these assets, but they would not be considered victims.
Komainu Holdings, a crypto custody company backed by Nomura Holdings, has raised $75 million from Blockstream Capital Partners to accelerate its global expansion and integrate cutting-edge technologies. This investment will help Komainu expand globally and enhance its digital asset services.
XRP is on the list, followed by SOL, HBAR, DOGE, and others.
The US spot Bitcoin ETFs registered a net cash inflow of more than $755 million on Wednesday, thus ending a four-day streak of bleeding.
Cathie Wood, the founder of asset management firm Ark Invest, said Wednesday that the firm's conviction in the $1.5 million bull case for Bitcoin (CRYPTO: BTC) in 2030 has strengthened thanks to several bullish developments last year. What happened: During an X Spaces discussion on Wednesday, Wood stated, "Our bull case is at $1.5 million.
BTC price strength faces its real test at $102,000, which needs to flip to support, says the latest Bitcoin market analysis.
An analyst has revealed how XRP and Bitcoin are among the cryptocurrencies seeing a sell signal on the Tom Demark (TD) Sequential after the market recovery. XRP & Bitcoin Among Coins Seeing TD Sequential Sell Signal In a new post on X, analyst Ali Martinez has talked about the TD Sequential pattern that four top assets in the sector have formed recently.
Wednesday's soft U.S. core CPI has opened doors for traders to focus on Trump's swearing in and the possibility of first-day pro-crypto announcement.
Digital asset custodian Komainu has secured a $75 million Bitcoin-funded investment from Blockstream Capital Partners
Stablecoins now dominate crypto crime, accounting for 63% of illicit transactions, as global regulations like MiCA and UAE frameworks gain momentum.
HashKey Group has revealed its top 10 market predictions for 2025. The leading digital asset management and financial services provider shared insights derived from a community-driven voting process.
Italy's leading financial institution, Intesa Sanpaolo, has ventured into cryptocurrency by purchasing 11 Bitcoins, worth around €1 million ($1.04 million).
The new state legislation would position Texas “at the forefront of the digital economy,” Senator Charles Schwertner noted. The post Texas Senator Files Bill to Establish First State-Level Bitcoin Strategic Reserve appeared first on Cryptonews.
According to CryptoQuant's latest weekly report, Bitcoin (BTC) could target a price range between $145,000 and $249,000 in 2025. The report cites rising institutional capital inflows and favorable crypto regulations as key drivers of Bitcoin's potential price appreciation.
Bitcoin (BTC) has been projected to double its value by the end of 2025, reaching $200,000. This bullish prediction comes from a prominent pseudonymous market analyst, Stockmoney Lizards, who suggests that Bitcoin is “half-way to the top,” signaling ample room for future price growth.
