#BTCBackto100K Bitcoin has recorded a significant increase, surpassing a price of $103,000, supported by strong institutional flows and optimism regarding U.S. policies that favor cryptocurrencies. This rise reflects an increasing interest from institutional investors, with a rise in options trading listed on the Deribit platform, indicating growing confidence in the market.

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🏛️ Regulatory Developments: Texas Adopts a Strategic Reserve for Bitcoin

The House of Representatives in Texas has passed Bill SB 21, which proposes the establishment of a strategic reserve for Bitcoin. This legislation aims to enhance the state's position as a major hub for cryptocurrencies in the United States