The Arizona Strategic Bitcoin Reserve Act (Senate Bill 1025) and its sister bill SB 1373 signify a major step in legislation bringing Bitcoin and other cryptocurrencies into the public financial playbook of Arizona. 🏛️ 𝗞𝗲𝘆 𝗣𝗿𝗼𝘃𝗶𝘀𝗶𝗼𝗻𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗕𝗶𝗹𝗹𝘀: • 𝑺𝑩 𝟏𝟎𝟐𝟓: Empowers the Arizona State Treasurer and public pension funds to invest a maximum of 10% of state-run assets in digital assets, such as Bitcoin. This would potentially be worth more than $3 billion, according to the state's $31.5 billion in assets. • 𝑺𝑩 𝟏𝟑𝟕𝟑: Creates a Digital Assets Strategic Reserve Fund to deal with digital assets received as a result of seizures or appropriations by the legislature. The fund has provisions for on-chain auditability and standardized risk controls. 🧭 𝗟𝗲𝗴𝗶𝘀𝗹𝗮𝘁𝗶𝘃𝗲 𝗣𝗿𝗼𝗴𝗿𝗲𝘀𝘀: The two bills were approved by the Arizona House of Representatives on April 28, 2025, with SB 1025 getting a vote of 31-25 and SB 1373 recording 37-19. Previously, they had passed in the Senate on February 27. 🖋️ 𝗪𝗮𝗶𝘁𝗶𝗻𝗴 𝗳𝗼𝗿 𝗚𝗼𝘃𝗲𝗿𝗻𝗼𝗿'𝘀 𝗦𝗶𝗴𝗻𝗮𝘁𝘂𝗿𝗲: The bills are now waiting for the signature of Governor Katie Hobbs. Although she had earlier signalled a veto position on all bills until there is a bipartisan budget deal, a recent bill on disability funding could sway her. 🌐 𝗡𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗖𝗼𝗻𝘀𝗲𝗾𝘂𝗲𝗻𝗰𝗲𝘀: Should it be signed into law, Arizona would become the first American state to officially incorporate Bitcoin in its treasury reserves, and perhaps set a national precedent for other states considering such moves. #ArizonaBTCReserve
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#ArizonaBTCReserve Bitcoin Technical Analysis The Bitcoin market initially pulled back just a touch during the early hours on Tuesday, but it does continue to see a lot of sideways action. And I think at this point in time, we are just trying to digest a lot of the gains. If we pull back from here, and that would not be a huge surprise, I suspect that the $90,000 level is an area that a lot of people will be paying close attention to. The 50-day EMA is racing towards that area as well, so I’d be watching that as yet another reason to think that area around $90,000 should be somewhat interesting. If we break to the upside, the $100,000 level is the next major target, followed by $110,010. So, with that, it looks a lot like a range of noise that might be difficult to get above.
But if and when we do, then it’s very possible that Bitcoin could rally all the way back to the recent all-time highs, which is $110,000. The market has been very strong until the last couple of days, but when you look at the last couple of weeks, it’s been a significant V bottom. And I think at this point, it’s become more or less a buy on the dip type of market as it looks like Bitcoin is ready to continue its march higher. At this point, I have no real interest in trying to short this market as it has been so strong over the last few weeks.
$DOGE also the lowest point to buy in, floating profit 40%📈 Last year, Bitcoin was publicly laid out at 58,000 for 10 spot trades, all published publicly, all doubled 📈📈 The largest heavy-weight currency XRP directly bought into this bull market's biggest dark horse, doubled 7 times 💰💰 The second round of spot layout has now also started to publicly show floating profits I just ask you if you are convinced⁉️ Who else‼️ That year, with hands in pockets, didn't know who the opponent was 🤷♂️ Paid or free, none can compete No opponents 🤷♂️ are you convinced $XRP
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First do what you should do, then do what you like to do. The first half allows you to have food to eat, the second half gives you something to think about #币安Alpha上新 $BNB
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