Bitcoin Reserves | ForkLog

ForkLog 8 24.02.2025

Montana House Rejects Bitcoin Reserve Bill

The Montana House of Representatives voted 59-41 against a bill to establish a Strategic Bitcoin Reserve (SBR) during its second reading. ? MONTANA Update: Bitcoin Reserve bill HB 429 failed to pass a second reading in the Montana House. It is now effectively dead. The vote was 41 — 59. It was largely partisan, but […]

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ForkLog 27 24.02.2025

Montana House Rejects Bitcoin Reserve Bill

The Montana House of Representatives voted 59-41 against the bill to establish a Strategic Bitcoin Reserve (SBR) during its second reading. ? MONTANA Update: Bitcoin Reserve bill HB 429 failed to pass a second reading in the Montana House. It is now effectively dead. The vote was 41 — 59. It was largely partisan, but […]

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ForkLog 22 21.02.2025

Altvest Becomes First African Firm to Hold Bitcoin in Treasury

Investment firm Altvest Capital has announced plans to make Bitcoin the primary reserve asset of its treasury. The company will be the first on the African continent to incorporate cryptocurrency into its corporate strategy, reports Bloomberg. Altvest has already purchased 1 BTC and has applied to regulatory authorities to raise approximately 200 million rand (~$10 […]

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ForkLog 6 19.02.2025

Utah Senate to Review Bitcoin Reserve Bill

The Utah Senate’s Revenue and Taxation Committee (USA) will review a bill proposing the establishment of a strategic reserve in the leading cryptocurrency (SBR). This follows its approval by the state’s House of Representatives. The document, titled H.B. 230, received eight votes in favor, with one legislator opposing. The initiative allows for the investment of […]

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ForkLog 49 14.02.2025

Michigan Joins the Race to Establish a Bitcoin Reserve

The Michigan House of Representatives has introduced Bill 4087, which proposes investing up to 10% of the general and economic stabilization funds in cryptocurrencies. The document also includes an option for lending in digital assets without increasing financial risk to generate additional revenue. One of the authors, Brian Posthumus, expressed the state’s ambition to become […]

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ForkLog 13 13.02.2025

VanEck Predicts US States to Acquire $23.5 Billion in Bitcoin

The adoption of state-level strategic bitcoin reserve (SBR) bills could generate additional demand for digital gold amounting to 242,787 BTC ($23.5 billion), according to calculations by VanEck. We analyzed 20 state-level Bitcoin reserve bills.If enacted, they could drive $23 billion in buying, or 247k BTC. This sum is independent of any pension fund allocations, likely […]

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ForkLog 11 11.02.2025

Mike Novogratz Predicts US Government Bitcoin Acquisition Within Six Months

With the change in leadership at the SEC, a significant number of cryptocurrency companies will list their shares on the New York Stock Exchange or Nasdaq. This was stated by Galaxy Digital founder and CEO Mike Novogratz, according to Blockworks. The entrepreneur estimates this will occur in May or June 2025. Galaxy Digital itself also […]

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ForkLog 8 09.02.2025

ECB Warns Central Banks of Bitcoin Integration Risks

The European Central Bank will reassess its relationship with any national central bank that incorporates Bitcoin into its reserves. This was stated by ECB board member Piero Cipollone in an interview with Reuters. The institution will be compelled to evaluate the risks associated with REPO agreements and swap lines in such cases, the official explained. […]

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ForkLog 21 07.02.2025

World Liberty Financial Unveils Strategic Cryptocurrency Reserve

The DeFi platform World Liberty Financial (WLFI), associated with Donald Trump, plans to establish a strategic cryptocurrency reserve. This was announced by the company’s founder, Chase Herro, at the Ondo Finance summit in New York, as reported by Bloomberg. Donald Trump Jr., the president’s son, personally introduced the entrepreneur and two other WLFI co-founders, Zachary […]

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ForkLog 71 06.02.2025

Sygnum Assesses Impact of US Bitcoin Reserve Purchases

A $1 billion purchase of digital gold for the national Bitcoin reserve (SBR) could increase the asset’s market capitalization by $20 billion, according to estimates from Sygnum, as reported by The Block. Calculations suggest that $19 billion of this increase would result from the demand shock and the tightening of the already limited liquid supply […]

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ForkLog 4 06.02.2025

Arthur Hayes Predicts Bitcoin Drop to $75,000 Amid Disillusionment with Trump

Bitcoin is poised for a retreat to the $70,000-$75,000 range. The catalyst for this price decline will be the realization that the policies of the current U.S. president are virtually indistinguishable from those of his predecessors, stated former BitMEX CEO Arthur Hayes. Be careful what you wish for… “The Genie” is an essay on my […]

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ForkLog 9 05.02.2025

Experts Identify Three Risks Threatening Bitcoin’s $90,000 Level

Bitcoin faces the risk of dropping below its current range of $90,000–$110,000. CoinDesk has highlighted three factors that could contribute to this scenario. These are: tightening fiat liquidity; delays by the Trump administration in establishing a national bitcoin reserve; weakening upward momentum, according to technical analysis. Liquidity Specifically, the cash balance in the U.S. Treasury’s […]

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