Posts

Showing posts with the label cryptocurrency industry

Texas House Officially Passes Strategic Bitcoin Reserve Bill

Image
In what is a landmark development for the cryptocurrency industry, the Texas House of Representatives has officially passed a strategic Bitcoin Reserve bill. Indeed, SB 21 will see the United States officially create a BTC reserve if it is signed into law by the state’s governor, Greg Abbott The bill had passed Wednesday by a vote of 101-42 as it took the next step to becoming state law. Specifically, it will reach Abbott’s desk, to which he will either grant his signature or veto the legislation. If it passes, Texas will join Arizona and New Hampshire as the only states with laws enacted allowing the formation of a strategic Bitcoin Reserve. JUST IN: Texas House officially passes Strategic Bitcoin Reserve Bill SB21. — Watcher.Guru (@WatcherGuru) May 21, 2025 Also Read: Bitcoin to $135k: Why BTC May Be Headed For a Major Surge Strategic Bitcoin Reserve Bill Passes in Texas House as it Heads to Governor’s Desk As the United States approaches its Memorial Day, it has al...

Dogecoin Price Prediction: Can DOGE Reach $1 This Month?

Image
The cryptocurrency industry was seen celebrating Donald Trump’s victory by turning green throughout the week. As Bitcoin (BTC) continues to record new peaks, the rest of the market was following suit. One asset that has been making headlines with its price change is Dogecoin (DOGE). Also Read: Trump To Appoint Pro-Crypto Candidates for Key Federal Agencies JUST IN: Dogecoin $DOGE rises 47% in the past 24 hours, surpassing a $61 billion market cap. — Watcher.Guru (@WatcherGuru) November 12, 2024 Dogecoin Surges By 47% The OG meme cryptocurrency, Dogecoin, has been on an uptrend for days now. The asset went from trading at a low of $0.1670 last week to a high of $0.4191 earlier today. The meme coin recorded a historic 147% spike over the past seven days. At press time, DOGE was priced at $0.4089, following 47% throughout the last 24 hours. Source Despite this, the meme coin remains 44% below its all-time high of $0.7376. This was attained about four years ago. But considering ...

Donald Trump Election Creates Over 11,000 New Bitcoin Millionaires

Image
In what was a historic 2024 presidential election, Donald Trump’s victory has created more than 11,000 Bitcoin millionaires. Indeed, Trump’s return to the White House has been a massive moment for the leading cryptocurrency and the industry as a whole. Shortly after his victory was assured, BTC surged to a $75,000 all-time high. That has undoubtedly benefitted Bitcoin holders in a massive way. Moreover, the surge in value has continued what has already been an immensely positive year for the cryptocurrency industry. The impact of Trump on the sector can be easily seen in the overwhelming surge in Bitcoin millionaires. Also Read: Bitcoin, Dogecoin, Solana Pump Double-Digits as Trump Wins Presidency Bitcoin Holders Thrive as Trump Emerges Victorious in 2024 Election There is little argument to be made against the fact that 2024 has been the greatest year in Bitcoin’s history. The asset started the year as the first crypto-based ETF in the US. Thereafter, it surged to a r...