露娜Luna

What are the specific implementation details of Arizona's Bitcoin reserve program?

Arizona's Bitcoin reserve program is mainly implemented through two bills, SB 1025 and SB 1373, with the specific details as follows:

• Bill SB 1025: Allows the state treasury and pension system to invest up to 10% of available funds in virtual currency, focusing on Bitcoin. If this bill takes effect, Arizona will become the first state in the United States to require public funds to invest in Bitcoin.

• Bill SB 1373: Proposes the establishment of a digital asset strategic reserve fund managed by the state treasurer, funded by seized assets and legislative appropriations, allowing up to 10% to be invested in Bitcoin and other digital assets each fiscal year, with the possibility of lending without increasing risk.

These two bills were passed by the Arizona House of Representatives on April 28, 2025, and are currently awaiting signature from Governor Katie Hobbs.

As the first state in the United States to require public funds to invest in Bitcoin, Arizona's bill may have a demonstration effect on other states, promoting the legalization process of cryptocurrency nationwide and enhancing the state's demonstration effect and policy influence in related policy-making.

With this positive news emerging, will it be possible to break through this month's high point of 95700? We shall see!

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Reminder 🔔 6 types of behavior that may lead to account suspension. Be careful, you might not be able to withdraw your money!

Opening multiple accounts (including family members)
1. Don't think about 'opening multiple small accounts for backup'! Binance will monitor all related accounts, even if registered with family information!
Consequence: Direct account suspension, no negotiation! Engaging in fake transactions (money laundering, market manipulation)

2. For example, transferring data from your left hand to your right hand, or helping others launder money?
Consequence: Permanent account suspension, serious cases may even face legal action! Falsifying identity information

3. PS: Using someone else's information, or submitting unclear photos?
Consequence: Account will be directly frozen, and it can never be unlocked! Secretly using trading bots

4. Using scripts or external programs for automatic trading without Binance's permission?
Consequence: Direct blacklisting, the account instantly becomes a 'black account'! Engaging in 'dirty money' trading

5. For example, funds transferred from the dark web, anonymous currency mixers, or money with unclear sources?
Consequence: Money will be directly deducted, account will be prohibited from trading! Lending/selling accounts casually

6. Giving your account password to others, or suddenly changing devices or IPs to log in
Consequence: Direct permanent account suspension, no opportunity for appeal!
✅ Safety operation guidelines, remember these 6 points!
✔️ One account per person, don't create a 'small account army'
✔️ Trade honestly, don’t be clever in manipulating the market
✔️ Real-name certification information must be genuine, don’t use PS or falsify
✔️ Only use tools permitted by Binance, don’t use 'folk remedy' bots
✔️ Confirm the address is safe before withdrawal, don’t transfer money to unfamiliar accounts
✔️ Account passwords are more important than bank cards! Never share!
What are the serious consequences of violations?
First-time offense: Account will be frozen first, undergo investigation, and money cannot be moved temporarily!
A second offense: Direct permanent account suspension, and not a cent can be retrieved from the account!
Final reminder: Binance's AI system monitors every transaction you make 24 hours a day.
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【Arizona State Legislature Advances Bitcoin Reserve Bill】

Members of the Arizona House of Representatives voted to pass two bills allowing the state to adopt Bitcoin or other cryptocurrencies as reserves.

In the third reading of Senate Bill 1025 (SB1025) on April 28, the Arizona House passed it with a vote of 31 in favor and 25 against, which is a proposal to amend Arizona law to allow for strategic Bitcoin reserves. A similar bill, SB1373, aimed at establishing state-level digital asset reserves, passed with a vote of 37 in favor and 19 against.
Arizona Representative Jeff Weninger commented on the SB1025 bill, saying, "This bill essentially adopts an approach that 15 other states may be considering, allowing financial officials to invest up to 10% of funds nationwide.

Today's positive news!
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👏👏👏
Gathered this wave of meat
Brave people enjoy life first, this statement is not false at all!

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Changing the place to record life
From now on, how much did you earn on Binance every day?
Hope you all say: Made it, made it, earned it!!! 🤪
Hahaha……
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On April 23, 2025, the price of Bitcoin rose to a seven-week high, reaching $94,171, with an intraday increase of 0.57%.

On the evening of April 22, after the U.S. stock market opened, Bitcoin regained the $90,000 level, rising over 3% in the past 24 hours and hitting a seven-week high.

This was primarily due to the collective strong opening of the three major U.S. stock indices, which lifted the entire cryptocurrency market. In addition, Standard Chartered Bank stated that if concerns about the independence of the Federal Reserve persist, Bitcoin could rise to a new all-time high, which has also somewhat boosted market confidence.
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8 Work Principles:

1. Buy horizontally, buy the dip, don’t buy vertically; selling point is where the market is bustling• Meaning: Buy when the coin price is stable or slightly retracing, avoiding blind chasing when the price is rising sharply. When the market reaches its peak and is bustling with activity, it is often a good time to sell.

2. Continuous small gains are real gains; continuous large gains require exiting• If the coin price sees a series of small increases, it is likely a genuine upward trend. However, if there are continuous large increases, it should raise caution as it might signal an impending bubble burst; it’s best to exit and observe at this time.

3. A significant rise needs a pullback; don’t dig deep holes or buy large• After a sudden significant rise in coin price, there is often a need for a pullback. If this pullback is not deep, then don’t buy easily. The real buying opportunity often appears after the price has undergone a deep pullback.

4. Major acceleration should reach a peak; sell quickly on a sharp drop and sell slowly on a gradual rise• When the coin price is accelerating in its main upward phase, it often indicates that a peak is about to be reached. If the price drops rapidly, sell quickly; if the price is only rising slowly, then you can sell gradually.

5. A sharp drop with low volume is intimidation; a gradual drop with increasing volume requires quick exit• If the coin price suddenly drops significantly but the trading volume is low, this may be market intimidation. However, if the price drops gradually but the trading volume is increasing, then caution is necessary.

6. Price breaking through the lifeline; do not hesitate to swing trade• The lifeline usually refers to some important technical indicators or moving averages. If the coin price breaks through these lifelines and continues to rise, do not hesitate, decisively engage in swing trading.

7. Pay attention to daily and monthly lines; build positions alongside the main force• Daily and monthly lines are important tools for observing market trends. By carefully analyzing these charts, you can better grasp the main force and trends in the market, allowing you to establish your positions.

8. If the coin price rises without volume, don’t stand guard against the main force’s bait• If the coin price is rising but there is no significant increase in trading volume, this may be a trap set by the main force.
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Have a cup of tea and watch a game
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Powell seems to maintain this view on Wednesday.

"If the inflation shock will dissipate on its own, then tightening policy is not the right policy, and that remains true," Powell said. "If it's not necessary, don't do it."

In summary, Powell's comments overnight conveyed the message that while the probability of a recession is high, it is not concerning. Inflation remains severe, but it is not worrisome. What about trade policy? It will become clear when the time is right. In short, there is no reason to take any action on the current monetary policy path.

For the beleaguered U.S. stock bulls, this news was a sigh of relief. The S&P 500 surged 1.8% before the close. The 1.1% closing gain is still the best performance since the Fed's decision day in July last year. Even bond investors were encouraged by Powell's 'stick to it' tone. They rushed to raise prices, pushing the benchmark 10-year U.S. Treasury yield down for the third consecutive day. This is the first time in eight months that these two assets have risen in tandem after a Fed decision.

As widely expected, the Fed kept interest rates unchanged on Wednesday and indicated that officials still believe there will be two rate cuts this year, while lowering their expectations for economic growth and raising their outlook for inflation. On the surface, this combination has a bit of a stagflation flavor, which is not a good recipe for a rebound in risk assets, but Powell's transitory inflation remarks at the subsequent press conference eased Wall Street's concerns.

Share a bit about the meat I had
Fatty but not greasy～

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Is it Brother Sun or Brother Sun who cuts…
Time will tell us
Will you be willing to pay?
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This liquidation index is just no one~
Ethereum has indeed never disappointed you in the face of disappointment!
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This wave of skills has been consistently stable output～
For the brothers and sisters who got the meat
Congratulations to you all…🎊🎉🎈🍾

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The cow that blew yesterday～
Let everyone take a look, how accurate is this cow
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CZ responded positively, not spreading rumors or believing in them! Translation:

4. Sorry to disappoint you. The WSJ article distorted the facts.
More than 20 people told me that they were asked by the WSJ (and other media): "Can you confirm that Elaine Chao made some kind of deal for a pardon?"
They probably asked hundreds of people, and only 20 people contacted me. In essence, they worked hard to make up a story to report.
Fact: I have not discussed the Binance US deal with anyone.
No felon would mind a pardon, especially since he is the only felon in US history to be sentenced to prison for a BSA charge.
It feels like the motivation of this article is to attack the president and cryptocurrencies, and the remnants of the previous administration's "cryptocurrency war" are still in effect.
I am always happy to make cryptocurrencies widely used in the United States and other parts of the world.
It's great to see that even the WSJ thinks I should be pardoned. 😆🙏

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