Macro

Texas lawmakers finalize details on Bitcoin reserve, removes staking ahead of final vote

Texas lawmakers finalize details on Bitcoin reserve, removes staking ahead of final vote

Texas legislators have moved closer to formalizing a Bitcoin reserve for the state. On May 27, a joint Conference Committee composed of House and Senate lawmakers reached an agreement on the final version of Senate Bill 21 (SB 21), dubbed the Texas Strategic Bitcoin Reserve Act. According to the committee, one of the most significant […]

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World’s 8th largest economy close to adopting Bitcoin reserve as Texas heads to final vote

World’s 8th largest economy close to adopting Bitcoin reserve as Texas heads to final vote

Texas is advancing plans to create a government-backed Bitcoin reserve after lawmakers approved Senate Bill 21 (SB 21) in its second House reading on May 20. According to voting records on the Texas Senate website, the proposal passed with a commanding 105 to 23 vote, reflecting rare bipartisan support. It now heads to a third

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Sovereign entities opt for indirect Bitcoin exposure via Strategy to bypass constraints – StanChart

Sovereign entities opt for indirect Bitcoin exposure via Strategy to bypass constraints – StanChart

Sovereign wealth funds and state institutions are increasingly opting to gain Bitcoin (BTC) exposure through Strategy (MSTR) rather than spot BTC exchange-traded funds (ETFs), according to Standard Chartered’s head of digital assets research, Geoffrey Kendrick. In an investor report published May 20, Kendrick said that regulatory filings show that increased MSTR holdings drove the bulk

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Crypto ETF inflows hit .5 billion as Bitcoin fatigues while Ethereum accelerates

Crypto ETF inflows hit $7.5 billion as Bitcoin fatigues while Ethereum accelerates

Digital asset investment products attracted $785 million in inflows last week, bringing the year-to-date (YTD) total to $7.5 billion, according to CoinShares‘ latest report. This figure marks a new record, surpassing the previous high of $7.2 billion recorded in early February. James Butterfill, CoinShares’ head of research, also noted that the milestone signals a full recovery from

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Moody’s historic downgrade of US credit system could add fuel to Bitcoin safe-haven status

Moody’s historic downgrade of US credit system could add fuel to Bitcoin safe-haven status

Moody’s downgraded the United States’ long-term credit rating from Aaa to Aa1 on May 16, marking the first time in history the agency has stripped the US of its top-tier status. The agency pointed to a decade of rising debt levels, escalating interest burdens, and a consistent failure by policymakers to enact meaningful deficit controls.

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Arizona says NO to CBDC ban and crypto payments in sweeping veto

Arizona says NO to CBDC ban and crypto payments in sweeping veto

On May 12, Arizona Governor Katie Hobbs rejected three crypto-friendly bills, Senate Bills 1373, 1024, and 1095. The bills aimed to expand the government’s role in digital asset adoption while opposing central bank digital currencies (CBDCs). At the same time, the governor signed a new law, House Bill 2387, that introduces tighter rules for crypto

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XRP up 3% as rest of crypto market falls ahead of new US inflation data today

XRP up 3% as rest of crypto market falls ahead of new US inflation data today

Bitcoin fell about 2 % to roughly $102,400 Tuesday, erasing most of Monday’s late surge and dragging the broader crypto market lower. According to CryptoSlate data, Ethereum also declined 3.8% to near $2,450 while Solana slipped 3.6% to $171. Top 10 cryptocurrency performance Why is Bitcoin falling again? The moves arrived hours before the U.S. Bureau

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China confirms US tariff suspension, Bitcoin nears ATH with huge green candle to 5k

China confirms US tariff suspension, Bitcoin nears ATH with huge green candle to $105k

Bitcoin opened the week with a strong hourly move, climbing 1.7% to reach $105,705 in early Monday trading. The surge brought the asset to its highest level since January’s all-time high of $109,356, adding fresh momentum following a month of sideways movement. The one-hour candle, printed between 07:00 and 08:00 UTC, carried Bitcoin from approximately

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Global markets steady as US-China trade talks loom, Bitcoin hits 3k

Global markets steady as US-China trade talks loom, Bitcoin hits $103k

According to a Reuters market wrap, world stocks ended the week little‑changed as investors weighed a fresh U.S.–U.K. tariff deal and this weekend’s high‑stakes meeting between Washington and Beijing trade officials. Stocks tread water on tariff suspense MSCI’s all‑country equity index inched up just 0.11% to 846.80, trimming a 0.3% weekly loss. Europe’s STOXX 600 added 0.44%, while

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Cathie Wood predicts AI and Bitcoin to drive new phase of US economic growth

Cathie Wood predicts AI and Bitcoin to drive new phase of US economic growth

Ark Invest CEO Cathie Wood said the US economy is transitioning out of a prolonged “rolling recession” and entering a new era of productivity-led growth, powered by advances in AI, digital assets, and automation. After nearly three years of sector-specific slowdowns triggered by tighter monetary policy, Wood now sees signs of economic stabilization and renewed

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