Bitcoin Reserves | ForkLog

ForkLog 4 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 40 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 8 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 6 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 6 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 17 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 69 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 1 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 7 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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ForkLog 40 05.02.2025

David Sacks Prioritizes Bitcoin Reserve Assessment

Assessing the bitcoin reserve is a primary task for the Digital Asset Markets Working Group, according to David Sacks, special advisor to Donald Trump on AI and cryptocurrencies and head of the group. The creation of a national bitcoin reserve was among the campaign promises of the U.S. President. Sacks described the asset as an […]

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ForkLog 32 03.02.2025

Utah Poised to Lead in Establishing First US Bitcoin Reserve Law

Utah may become the first US state to approve a bill establishing a strategic reserve in the leading cryptocurrency (SBR). This prediction was made by Dennis Porter, CEO of Satoshi Action Fund. The expert attributed this assessment to a shorter 45-day window for passing bills. “Other [states] do not have such a ‘fast’ calendar, political […]

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ForkLog 8 31.01.2025

Czech Central Bank Considers Bitcoin for Reserve Diversification

The Czech National Bank (CNB) has approved a proposal to explore investment opportunities in additional asset classes, including Bitcoin. Based on the findings, the board will decide on the next steps. If the outcome is positive, the Czech central bank will become the first known regulator to hold digital gold. The initiative was proposed by […]

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