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Isabella Z
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$BTC As of Tuesday, April 29, 2025, Bitcoin (BTC) is trading around $94,972.45, showing a slight increase from yesterday. Over the past week, BTC has experienced a notable upward trend, marking its best weekly return in 2025. This positive momentum is attributed to sustained inflows into Bitcoin ETFs, further coin purchases by MicroStrategy, and optimistic remarks regarding potential friendlier US regulations under a possible Trump administration. Technically, Bitcoin is testing resistance near $95,000, with analysts suggesting a potential climb towards $100,000 if this level is decisively broken. Some forecasts predict a more significant surge, with potential targets ranging from $130,000 to $200,000 by the end of 2025, based on historical patterns and market analysis. However, caution is advised, as failure to break key resistance levels could lead to bearish scenarios.
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#ArizonaBTCReserve Arizona has taken a significant step towards integrating cryptocurrency into its financial strategy with the passage of Senate Bills 1025 and 1373 on April 28, 2025. These bills authorize the state treasurer to invest up to 10% of state-managed assets, potentially around $3.14 billion, in digital assets like Bitcoin. This move establishes a "Digital Assets Strategic Reserve Fund," which will be capitalized using seized crypto assets and future legislative appropriations. The legislation mandates adherence to standard fiduciary risk management protocols to safeguard public funds against market volatility and custodial risks. Arizona's initiative mirrors similar explorations in other states like Texas and Florida, aiming to attract blockchain innovation and diversify public asset portfolios. Governor Katie Hobbs' final confirmation is now awaited for these bills to become law. While Arizona is pioneering a state-level Bitcoin reserve, it's important to note that House Bill 2492, concerning voter registration, is a separate legislative matter. This bill, which faced legal challenges regarding proof of address requirements, is unrelated to the state's cryptocurrency initiatives. Furthermore, while Arizona has considered allowing tax payments in cryptocurrencies in the past, there is no current information indicating that the Arizona Department of Revenue holds Bitcoin. Recent legislation (SB1024 and SB1128) effective January 1, 2026, will allow state agencies to accept cryptocurrency for payments if agreements with service providers are established.
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#AirdropStepByStep Participating in crypto airdrops can be a way to earn free tokens. First, discover ongoing airdrops through platforms like Airdrops.io or CoinMarketCap. Next, carefully review the airdrop requirements, which often involve following social media accounts (Twitter, Telegram), joining communities (Discord), or holding a specific cryptocurrency. Then, connect your cryptocurrency wallet (like MetaMask or Trust Wallet) to the airdrop platform if required. Complete all the specified tasks and submit the necessary information, such as your wallet address. Be cautious of scams and never share your private keys. Finally, wait for the token distribution, which can take days or weeks. Remember that receiving airdropped tokens is not guaranteed.
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#AbuDhabiStablecoin On April 29, 2025, Abu Dhabi announced its first fully regulated Dirham-backed stablecoin, a collaboration between First Abu Dhabi Bank (FAB), IHC, and ADQ. Subject to regulatory approval by the Central Bank of the UAE, FAB will issue the stablecoin, aiming to revolutionize payments and strengthen the UAE's digital economy. This initiative aligns with the UAE's vision to become a leading fintech hub. The Dirham stablecoin will operate on the ADI blockchain, developed by the UAE-based ADI Foundation, providing a compliant network for blockchain payments. It intends to facilitate secure and efficient transactions for individuals, businesses, and institutions, supporting emerging technologies like AI. The Abu Dhabi Global Market (ADGM) has also established a regulatory framework for Fiat-Referenced Tokens (FRTs), a type of stablecoin. This framework, introduced by the Financial Services Regulatory Authority (FSRA), focuses on stability, transparency, and investor protection, mandating full reserve backing and robust governance. While the new Dirham stablecoin is backed by the UAE's central bank, the ADGM framework provides a broader structure for other fiat-backed stablecoins within its jurisdiction.
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#AirdropFinderGuide Ah, looking to dive into the world of crypto airdrops! Here's a quick guide to finding them: Dedicated Websites: Platforms like Airdrops.io, CoinMarketCap (Airdrops), and DappRadar often list ongoing and upcoming airdrops. Social Media: Follow crypto projects on Twitter and Telegram; they frequently announce airdrops there. Crypto Communities: Engage in Discord and Reddit communities related to specific blockchains or projects. Blockchain Explorers: Sometimes, holding specific NFTs or tokens on a chain can qualify you for surprise airdrops. Be Cautious: Always research projects before participating and never share your private keys. Many scams exist in the airdrop space. Remember, due diligence is key to safely navigating the airdrop landscape!
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