$AUCTION yes, as predicted, it did 4x in 3 weeks, now a solid correction from here to $42, if the market goes well from there, maybe it will reach $80! Profit suits the pocket! I think it's reasonable to sell at $63 and buy back at $42!!
$BNB Please support me, friends! I think BNB should be more valuable than many other coins because BNB is very strong! BNB is better than these projects: Cordana, Solana, XRP! BNB is on the way to becoming a reserve currency!!
Many U.S. states have attempted to establish their own Bitcoin Reserves, which could make them significant BTC holders. When these bills were first introduced, the crypto community was excited, as they could potentially lead to $23 billion in new Bitcoin purchases.
Today, another Bitcoin Reserve effort has moved forward thanks to a committee in Texas:
“SB 21 [the Bitcoin Reserve bill] was passed by the Business and Commerce Committee with a 9-0 vote. The Strategic Bitcoin Reserve is now heading to the Senate floor,” reported local journalist Brad Johnson.
When a proposal passes a committee vote, it means that a specialized group of lawmakers—in this case, the Business and Commerce Committee—has reviewed the bill and decided it deserves further consideration.
After clearing the committee stage, the proposal moves to the full Senate, where all senators will debate and vote on it. If the majority supports it, the bill can continue its path toward becoming law.
This news from Texas is particularly encouraging for all Bitcoin Reserve legislative efforts. Earlier this month, Utah made significant progress, strengthening the movement’s momentum.
However, Montana rejected its own Reserve bill, and many other red states followed suit. In other words, this marks the first major fracture in the new political coalition forming around crypto.
Texas’ new Lieutenant Governor strongly supports the Bitcoin Reserve bill, which undoubtedly improves its chances. Wyoming’s legislative effort, despite strong backing from one of the state’s senators, failed to pass committee.
One factor that could help this bill succeed is Texas’ position as the largest Bitcoin mining hub in the U.S. Currently, the bill does not explicitly require the state to purchase Bitcoin from local businesses, but it could easily do so.
For now, the recent failures of similar proposals in other red states are discouraging. The bill’s chances remain highly uncertain.
A Promising Historic Step from Texas: The Bitcoin Reserve Law Approaches Senate Voting
An important development is taking place in the world of cryptocurrency: the Texas Strategic Bitcoin Reserve Law is preparing to be discussed on the Senate floor. This bill is seen as a significant step to secure the financial future of Texas and to recognize Bitcoin as an official reserve asset.
In recent years, as digital assets have gained increasing importance in the global economy, the Texas administration is moving towards becoming one of the first states to include Bitcoin in state reserves. Legislators argue that Bitcoin can be a valuable financial tool not only for individual investors but also for states.
What Role Could Bitcoin Play in Texas's Economic Future?
Bitcoin’s limited supply and decentralized structure make it a strong protection against inflation. According to its supporters, Texas using Bitcoin as a reserve will strengthen the state's financial independence and create a safety net against economic fluctuations.
Additionally, this step could make Texas a global hub for digital asset adoption and innovation. Already possessing a strong ecosystem in cryptocurrency mining and blockchain technology, Texas could attract more investors and tech startups with this law.
Possible Effects of the Bitcoin Reserve Law
If the law is passed: • Bitcoin will become one of Texas’s official strategic reserve assets. • It could serve as an example for other states and countries, paving the way for new regulations. • Texas could rise to a state that leads the digital economy by providing financial diversity.
This development, closely followed in the cryptocurrency world, could be a historic turning point for the integration of Bitcoin into financial systems.
Friends, best wishes to everyone! If BTC does not fall below $80K, it means the altcoin season has begun. 28.02.2025
In this scenario, if BTC moves sideways or slightly increases, investor appetite for risk could rise, leading to a shift towards altcoins. However, if BTC loses the $80K level, the market might experience a sharp correction, causing significant losses in altcoins.
It’s important to closely monitor BTC dominance and volume movements, as they will be key factors in determining the sustainability of the altcoin season.
Is Trump Crashing the Melania Token? Major Losses, Political Games, and Investor Disappointment
The memecoin market has always attracted significant attention, but one token has recently become the center of not just financial turmoil but also political and emotional controversy: Melania Token (MELANIA).
So, why is Melania Token rapidly losing value? Why are major investors willing to sell at a loss? More importantly, is Donald Trump deliberately crashing this token to teach his wife a lesson?
Whale Sell-Offs: Massive Losses, Big Questions
In the crypto world, whales (large investors) play a crucial role in shaping market trends. However, in the past few weeks, a series of large-scale MELANIA token sales have raised eyebrows.
According to Spot On Chain, a whale recently sold 13.98 million MELANIA tokens for only 14.32 USDC, incurring a $14.9 million loss. Another major investor sold 763,000 TRUMP tokens for 9.47 million USDC, taking a $25.5 million hit.
These kinds of losses are highly unusual—whales typically avoid selling at such significant discounts. So, why are they doing it?
Is Trump Teaching His Wife a Lesson?
According to various media reports, Donald and Melania Trump’s relationship has been rocky for quite some time. Some analysts suggest that Trump is deliberately crashing Melania Token as a way to embarrass her and tarnish her public image while also making a profit.
The speculation is that Trump has taken short positions on the token, meaning that as its value plummets, he profits massively while dealing a blow to his wife’s supporters.
If true, the biggest losers in this scenario are the small investors who bought the token out of admiration for Melania Trump. Many of them, according to social media discussions, had never invested in crypto before but purchased MELANIA tokens purely out of respect and support for the former First Lady.
However, since January 21, the token has been in a freefall, dropping from $10-$11 to just $0.90.
To put this into perspective: • A $1,000 investment is now worth just $90. #melania