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The Bitcoin Buzz: Texas Bets Big While Rumble Shakes Up the Crypto World

The Bitcoin Buzz: Texas Bets Big While Rumble Shakes Up the Crypto World

2025-03-13
Rumble has invested in 188 BTC, seeing Bitcoin as a hedge against inflation and fluctuating U.S. policies. Texas, led by Representative Ron Reynolds, is advocating for a $250 million Bitcoin initiative through Bill 4258, potentially influencing other states to follow suit. Senate Bills 778 and 21 propose a Texas Strategic Bitcoin Reserve, aiming for investments in cryptocurrencies with over $500

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Blockchain

Bitcoin Chaos: As New Investors Dive In, Market Faces Turmoil

Bitcoin Chaos: As New Investors Dive In, Market Faces Turmoil

2025-03-13
The cryptocurrency market faces instability, with Bitcoin experiencing a sharp drop from $109,071 to approximately $80,000. Donald Trump’s executive order to establish a Strategic Bitcoin Reserve initially boosted investor confidence. A surge in crypto adoption saw 20 million new Bitcoin addresses, though many new investors face losses due to market volatility. The spent output profit ratio is at 0.95, highlighting