TexasBitcoinReserve

The State of Texas has officially established the United States’ first state-funded Bitcoin reserve, allocating $10 million toward the digital asset under the newly signed Senate Bill 21 (SB21). The legislation, approved by Governor Greg Abbott over the weekend, positions Texas at the forefront of sovereign crypto adoption in the U.S.
BREAKING: TEXAS TO BUY $10 MILLION WORTH OF #BITCOIN FOR STRATEGIC RESERVE – COINDESKIT COULD BE THE 1st STATE TO BUY BTC. ABSOLUTELY MASSIVE 🔥🔥🔥 pic.twitter.com/rh4YNC7JgN— The Bitcoin Historian (@pete_rizzo_) June 23, 2025
Unlike other states such as Arizona and New Hampshire, which passed symbolic crypto reserve bills, Texas has backed its initiative with real capital and a long-term strategy, marking a milestone moment for Bitcoin’s integration into government-backed financial policy.
Strategic Bitcoin Reserve Becomes Reality in Texas
Under SB21, the Texas Strategic Bitcoin Reserve will be maintained separately from the state’s general treasury. The Texas Comptroller of Public Accounts will manage the reserve, supported by a three-member crypto advisory committee comprised of digital asset investment experts.
Only cryptocurrencies with a market capitalization over $500 billion are eligible for inclusion, effectively limiting the reserve to Bitcoin at present.
Governor Abbott also signed a companion bill, HB 4488, which legally shields the Bitcoin reserve from traditional “fund sweeps” that redirect unused funds back to general state coffers. The reserve may also grow through airdrops, forks, investment gains, or public crypto donations, with performance reports published biennially.
A Move in Line with National Pro-Crypto Sentiment
Texas’s Bitcoin reserve comes on the heels of growing national-level crypto momentum, spurred in part by President Donald Trump’s pro-Bitcoin stance. Trump has previously backed the idea of a national crypto reserve, although his administration has suggested it be budget-neutral, funded through seizures or crypto bond issuance rather than direct state allocations.
This rising support is now mirrored at the state level, as Texas emerges as a pioneer in digital asset-based fiscal policy, especially in the face of persistent inflation and macroeconomic uncertainty.
Corporations and Governments Eye Bitcoin for Treasury Diversification
Texas’s bold move reflects a larger trend of Bitcoin adoption as a sovereign financial instrument. According to data from BitcoinTreasuries, the private sector continues to mirror this behavior.
Just last week:
Nakamoto Holdings, led by Trump’s crypto adviser David Bailey, raised $51.5 million through a PIPE deal to buy more BTC.The Blockchain Group, a Paris-listed firm, purchased 182 BTC for $19.6 million, increasing its total holdings to 1,653 BTC.
The move by Texas is likely to fuel further adoption at both public and corporate levels, as Bitcoin continues to gain traction as a long-term hedge and asset diversification tool.
The post appeared first on CryptosNewss.com
#BitcoinReserve #Texas #TexasBitcoinReserve $BTC

Austin, TX - The Texas Senate has recently passed Senate Bill 21, a controversial bill that would establish the Texas Bitcoin Reserve. This bill aims to diversify the state's cash reserves by investing in cryptocurrencies, with Bitcoin as the primary asset.
💬 Proponents:
- Argue that it will enhance the state's financial security and provide a hedge against inflation.
- Highlight Bitcoin's increasing popularity and its potential to appreciate in value over time.
⚖️ Critics:
- Express concerns about the volatility of cryptocurrencies and the potential risks associated with this type of investment.
- Believe the state's funds should be invested in more traditional and less risky assets.
The bill now heads to the Texas House for consideration. If passed by the House, it will be sent to Governor Greg Abbott for his signature. The establishment of the Texas Bitcoin Reserve has the potential to set a precedent for other states considering similar initiatives.
📱 Social Media Buzz:
- The Texas Bitcoin Reserve Bill has generated a lot of buzz on social media.
- Proponents are using the hashtag #TexasBitcoinReserve to express their support for the bill.
🕵️ What's Next?
The debate over the Texas Bitcoin Reserve Bill is far from over. It remains to be seen whether the bill will pass the House and be signed into law.
$BTC
#TexasBTCReserveBill #BTC #TexasBitcoinReserve

Imagine you buy an asset at $200, and its price drops by 50%, bringing it down to $100. To recover to its original price of $200, the asset would need to increase by 100%, essentially doubling in value. This is the reality of market corrections. For cryptocurrencies, which have seen even sharper declines of 70-80%, the climb back is far steeper. If a coin falls from $200 to $40, it would need to rise by a staggering 400% to return to its original value. This explains why many investors find themselves stuck with losses that seem nearly impossible to recover from.
This basic math helps to explain why 95% of crypto investors are currently losing money. The majority bought in during the hype, before the crash, and now only a rare "parabolic rise" can help them break even. For those who bought during the recent dips, the chances of recovery are higher, but even then, it depends on extraordinary conditions. However, the challenge is that there is no strong narrative or catalyst suggesting such a recovery is on the horizon.
Even if a major global event, such as the return of a prominent political figure, temporarily boosts optimism, what happens afterward? The crypto market almost collapsed even under favorable conditions. If the global economy worsens, with economists predicting deflation and a sharp drop in liquidity, the crypto market could face one of its toughest tests yet. This fragility is already visible—despite slight recoveries, most altcoins haven't even regained 15% of their previous losses.
Market Manipulation and Institutional Influence
A bigger concern is the synchronized crashes across the entire crypto market. Coins often move in tandem, with hundreds of assets losing value simultaneously, following similar chart patterns. This raises serious questions about the level of market manipulation. The entry of institutional players, which many hoped would legitimize crypto, has only increased the level of manipulation. What was once seen as a decentralized space is now controlled by a few powerful players who can move the market at will.
Strategy for Survival in the Current Market
For those still hopeful about a crypto rebound, the best strategy is caution. Take profits whenever you see significant gains, no matter how small, and avoid holding on for too long. The "crypto winter" isn't just a possibility—it feels like it's already creeping in. The recent market volatility serves as a warning sign, and the days of wild, sustained rallies may be behind us. The reality is that the crypto market has become highly unstable, and without solid fundamentals or clear narratives, the future remains uncertain.

#CryptoMarketWatch #JobsReportShoc #MarketPullback #TexasBitcoinReserve

#TexasBTCReserveBill

Texas is making a bold move to cement its position as a leader in the cryptocurrency sector by establishing a state-backed Bitcoin Reserve. The Texas Senate has approved a bill introduced by Senator Charles Schwertner, which outlines the creation of the Texas Bitcoin Reserve, a groundbreaking initiative aimed at bolstering the state's financial independence and digital asset strategy.
Lieutenant Governor Dan Patrick emphasized that Bitcoin’s limited supply and decentralized structure make it a strategic asset for Texas. He linked the initiative to former President Donald Trump’s pro-Bitcoin stance, which has fueled increasing state-level interest in digital assets.“This initiative aims to position Texas as the center of America’s digital future,” Patrick stated, reinforcing the state's ambition to lead in the cryptocurrency space.
Texas Bitcoin Reserve: A $500M Crypto Investment
The approved legislation mandates the creation of a Texas Bitcoin Reserve, which will be managed by the Texas Commission on Audit. This reserve will include Bitcoin and other cryptocurrencies, backed by a minimum market value of $500 million in assets.
The bill also establishes the Strategic Bitcoin Reserve Advisory Committee, which will oversee and provide recommendations for the administration of the reserve. To ensure transparency, the legislation requires the state to publish biennial reports detailing the reserve’s holdings and financial health.
Why This Move Matters for Texas and Beyond
The Texas Bitcoin Reserve is expected to serve as a model for other states, emphasizing the increasing importance of cryptocurrency in state economies. This move could:
Attract crypto investors by positioning Texas as a pro-Bitcoin jurisdiction.Enhance financial sovereignty by reducing reliance on traditional monetary policies.Bolster Bitcoin’s legitimacy as a strategic state-held asset, much like gold.
By embracing Bitcoin, Texas is taking proactive steps to lead in crypto innovation, setting an example for other states to follow.
What’s Next for Texas?
With this legislation, Texas is solidifying its pro-crypto stance, potentially influencing other states to adopt similar policies. As regulatory discussions around Bitcoin and state-level crypto adoption continue, all eyes will be on Texas to see how the Bitcoin Reserve shapes the future of state-backed digital assets.

The post appeared first on CryptosNewss.com

#BitcoinReserve #TexasBitcoinReserve $BTC

Палата представителей Техаса 21 мая 2025 года приняла в третьем чтении законопроект SB 21, который предусматривает создание стратегического резерва в $BTC
Документ поддержали 101 голосом против 42. Законопроект, инициированный Джованни Каприльоне, направлен на диверсификацию финансовой стратегии штата через инвестиции в цифровые активы. Ранее, в марте 2025 года, Сенат Техаса одобрил проект 25 голосами против 5. Теперь документ ожидает подписи губернатора Грега Эбботта, известного своей поддержкой криптовалют. Эбботт ранее называл Техас «криптостолицей» и принимал пожертвования в биткоинах.
Законопроект позволит властям штата принимать налоги и пожертвования в криптовалюте, которая будет храниться в резерве не менее пяти лет. Это делает Техас потенциально вторым штатом США после Юты, который официально создаст биткоин-резерв. Инициатива рассматривается как шаг к укреплению финансовой устойчивости штата и защите от инфляции. Однако некоторые штаты, например Аризона, отклонили подобные предложения из-за волатильности криптовалют.
Следите за новостями криптоиндустрии! Подписывайтесь на #MiningUpdates чтобы быть в курсе всех событий.
#Bitcoin #CryptoNews #TexasBitcoinReserve #blockchain #CryptoReserve #DigitalAssets

🔍 Market Overview:
The crypto market experienced significant volatility today following President Trump's executive order establishing a US Strategic Bitcoin Reserve. Bitcoin struggled to maintain the $90,000 level amid mixed reactions from the crypto community and institutional players. #USBitoinReserves
💰 Bitcoin (BTC) News:
• Trump signs executive order creating US Strategic Bitcoin Reserve, marking a historic shift in federal crypto policy #Trump’sExecutiveOrder
• BlackRock's IBIT celebrates 1st anniversary with massive $50B Bitcoin holdings
• Texas Senate passes Bitcoin Reserve Bill, leading state-level adoption #TexasBitcoinReserve
• JPMorgan maintains bearish stance despite institutional developments
• Massive $900M Bitcoin withdrawal from exchanges sparks market concerns
• South Korea considering following US lead on Bitcoin reserves
• Mt. Gox moves $1.07B worth of $BTC to new wallet
💰 Altcoins & Memecoins:
• XRP shows bullish signals with golden cross approaching, trading near $2.50
• Cardano ( $ADA ) surges 46% to reach $1.02, despite summit exclusion
• Solana ($SOL ) community to vote on crucial inflation adjustment proposal
• Ethereum TVL drops 30% in February as staking demand wanes
• SHIB struggles with 549.56T token resistance level
• Stellar (XLM) jumps 9%, challenging XRP's momentum
🏛️ Regulations & Legal:
• Former Treasury Secretary Mnuchin publicly states he wouldn't invest in #crypto
• Sam Bankman-Fried gives rare prison interview to Tucker Carlson
• New GOP bill targets crypto "debanking" by limiting regulator oversight
• SEC approves Superstate's blockchain-based transfer agent registration
🌎 DeFi, NFTs & Blockchain Developments:
• Tokenized assets market exceeds $50B, projected to hit $2T by 2030
• Sam Altman's World Network launches blockchain messaging app with payment features
• COTI announces Africa Tokenization Council partnership
• Sui partners with Trump-backed World Liberty Financial
📌 What You Should Know:
• US Strategic Bitcoin Reserve announcement marks watershed moment for institutional adoption
• State-level Bitcoin initiatives gaining traction, led by Texas
• Market showing signs of consolidation rather than clear directional movement
• Altcoin sector showing surprising resilience despite BTC volatility
🎙️Quote of the Day:
"When the US government starts HODLing Bitcoin, you know the crypto winter is officially over - it's like your parents finally accepting your career choice! 🌞"
🔍Trading Insights:
Watch the $92,200 level as key resistance for Bitcoin, with Bollinger Bands suggesting potential consolidation. During this historic transition period, consider diversifying into strong altcoin performers while maintaining a core BTC position.
Happy Investing,
Team Koonai🦝

Texas Senate Passes Bitcoin Reserve: Tonggak Bersejarah di Tengah Misi “Crypto Capital”

Bayangkan sebuah sidang di Gedung Senat Texas yang semarak, di mana para legislator saling berdebat mengenai gagasan mengakumulasi Bitcoin (BTC) sebagai cadangan strategis. Suasana tegang tapi penuh antusiasme—dan akhirnya, sebuah suara mayoritas menyatakan setuju. Itulah yang terjadi ketika Senat Texas baru saja meloloskan Rancangan Undang-Undang (SB 21) untuk membentuk “Texas Strategic Bitcoin Reserve.” Apa artinya bagi masa depan kripto dan, lebih khusus lagi, bagi para hodler Bitcoin?

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1. Latar Belakang: Mengapa Texas Begitu Tertarik pada Bitcoin?

1. Kebijakan Pro-Kripto
Sejak beberapa tahun terakhir, Texas telah menjadi “rumah” bagi berbagai fasilitas penambangan Bitcoin. Infrastruktur energi yang melimpah dan regulasi yang relatif ramah membuat negara bagian ini memosisikan diri sebagai salah satu pusat pertambangan kripto di AS.

2. Dorongan dari Puncak Kekuasaan
Presiden Donald Trump mengumumkan rencana “Crypto Strategic Reserve” untuk level nasional, memasukkan BTC, ETH, ADA, SOL, dan XRP. Texas, yang dikenal pro-kripto, tak mau ketinggalan, dan kini justru menjadi negara bagian pertama yang berhasil mendorong RUU cadangan Bitcoin ini sejauh ini.

3. Tekanan Inflasi & Keuangan
Para pendukung SB 21, seperti Senator Charles Schwertner, menilai Bitcoin dapat berperan sebagai “penyimpan nilai” (mirip emas) di tengah inflasi dan ketidakpastian fiskal. Texas ingin diversifikasi asetnya, bukan hanya mengandalkan instrumen konvensional.

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2. Isi Utama SB 21: Membangun Cadangan BTC

1. Pendanaan dari Berbagai Sumber
RUU ini mengizinkan pembentukan dana khusus di bawah Kantor Bendahara Texas (Comptroller) untuk membeli dan menyimpan BTC. Sumber pendanaan bisa berasal dari alokasi APBD, donasi individu/perusahaan, atau pemasukan lain.

2. Pemilihan Aset Digital
Versi awal SB 21 hanya menekankan Bitcoin. Namun, pembaruan terakhir memungkinkan “aset digital lain” yang memiliki kapitalisasi pasar minimal $500 miliar. Meski demikian, fokus utama tetap BTC.

3. Pengelolaan & Pengawasan
Bendahara negara bertanggung jawab mengelola cadangan ini. RUU juga mengusulkan pembentukan komite penasihat untuk memantau kinerja dan memberikan rekomendasi. Setiap dua tahun, laporan resmi akan memaparkan rincian kepemilikan dan perkembangan cadangan.

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3. Dampak Potensial Bagi Bitcoin & Kripto

1. Sentimen Pasar
Jika RUU ini benar-benar jadi undang-undang, bisa memicu aksi beli BTC skala besar dari kas negara. Efeknya? Pasar kemungkinan menyambut positif, meningkatkan permintaan dan memengaruhi harga BTC.

2. Contoh Bagi Negara Bagian Lain
Utah, New Hampshire, dan beberapa negara bagian lain juga merumuskan RUU serupa. Jika Texas berhasil mengesahkan dan menerapkan cadangan Bitcoin, negara bagian lain mungkin terpancing mengikuti.

3. Kontribusi Terhadap “Crypto Capital of the World”
Dengan dukungan Presiden Trump untuk “U.S. Crypto Reserve,” langkah Texas menambah momentum. Bila akhirnya berhasil, Texas bisa kian memantapkan diri sebagai pusat inovasi kripto di AS.

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4. Argumen Pendukung vs. Penentang

Pendukung:

“Bitcoin adalah emas digital.” Jumlahnya terbatas, tidak dapat dimanipulasi seperti mata uang fiat.

Hedge inflasi dan diversifikasi portofolio negara.

Meningkatkan reputasi Texas sebagai pusat kripto global.

Penentang:

“Terlalu volatil.” Harga BTC dapat anjlok sewaktu-waktu, membahayakan dana publik.

Regulasi dan kebijakan federal yang belum pasti.

Kekhawatiran bahwa kebijakan ini hanya “menguntungkan segelintir orang” (para whales dan penambang).

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5. Koin yang Sedang Naik Daun

Sebelum menutup, berikut beberapa koin lain yang tengah mencuri perhatian di pasar:

Ordinal (ORDI): Menggunakan konsep ordinal NFT di jaringan Bitcoin, volume transaksi meningkat.

Ronin (RON): Sisi sidechain Ethereum untuk game Axie Infinity, baru-baru ini mencatat lonjakan volume perdagangan.

Bitcoin Cash (BCH): Adopsi merchant di Asia Tenggara memicu kenaikan harga stabil selama sepekan.

#TexasBitcoinReserve #BTC #CryptoRegulation #Trump #MarketInsight

(Koin yang sedang naik daun: ORDI, RON, BCH)

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Penutup
Keputusan Senat Texas yang meloloskan SB 21 adalah tonggak baru dalam kisah adopsi kripto di Amerika Serikat. Meskipun masih menanti tanda tangan Gubernur dan proses di DPR (House), optimisme membuncah di kalangan pendukung Bitcoin. Apakah ini langkah maju untuk memperkuat posisi BTC sebagai aset strategis? Ataukah sekadar eksperimen berisiko tinggi dengan dana publik? Hanya waktu yang akan menjawab, sementara kita menyaksikan dinamika kripto dengan rasa penasaran dan harapan.

Garantex is a Russian cryptocurrency exchange founded in 2019 by Stanislav Drugalev and Sergey Mendeleev, with its offices located in the Federation Tower in Moscow. The platform facilitates the exchange of rubles for various cryptocurrencies, providing an avenue for transactions that may circumvent traditional financial systems.

In April 2022, Garantex was sanctioned by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), which alleged that approximately $100 million worth of transactions on the exchange were associated with illicit activities, including dealings with Russian ransomware groups and darknet marketplaces like Hydra Market. Despite these sanctions, Garantex continued its operations, serving as a significant channel for moving funds into and out of Russia, and was reportedly utilized by cybercriminals to launder proceeds.

On March 6, 2025, Garantex announced a temporary suspension of all services after the stablecoin issuer Tether blocked digital wallets on its platform holding over 2.5 billion rubles (approximately $28 million). This action followed the European Union's sanctions against Garantex, accusing the platform of associations with sanctioned Russian banks and efforts to evade EU sanctions. Concurrently, the U.S. Secret Service seized Garantex's web infrastructure as part of an ongoing international law enforcement operation targeting Russian cybercriminal activities.

These developments underscore the heightened scrutiny and enforcement actions by international authorities against cryptocurrency platforms allegedly facilitating illicit financial activities, particularly in the context of geopolitical tensions involving Russia.

Disclaimer
Konten ini hanya bersifat informatif dan bukan merupakan nasihat keuangan. Semua keputusan investasi, trading, atau aktivitas finansial lainnya merupakan tanggung jawab pribadi masing-masing individu. Selalu lakukan riset mandiri (DYOR) dan pertimbangkan kondisi keuangan Anda sebelum mengambil keputusan. Volatilitas pasar kripto bisa sangat tinggi, sehingga Anda disarankan menggunakan manajemen risiko yang tepat.

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