Key points: Bitcoin made a new all-time high, but the bulls will have to sustain the higher levels for the momentum to pick up. Several altcoins have bounced off their respective support levels, signaling a positive sentiment. Analysts expect Bitcoin to maintain its positive momentum and surge above $200,000 by the end of the year. Bitcoin (BTC) rose to a new all-time high on May 21 on easing macroeconomic fears and continued inflows into the US-based spot Bitcoin exchange-traded funds. Analysts expect the momentum to continue and Bitcoin to surge…
Read MoreDay: 21 May 2025
Texas House Approves Strategic Bitcoin Reserve Bill, Awaits Governor’s Signature
The Texas House passed Senate Bill 21 (SB 21) on Wednesday to create a state-managed bitcoin reserve, advancing it to Governor Greg Abbott’s desk for final approval or veto within 20 days. Cryptocurrency in State Hands: Texas Legislature Passes Bitcoin Reserve Bill The bill, titled the Texas Strategic Bitcoin Reserve and Investment Act, aims to […] Source link
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