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NEW: 🇺🇸 Texas Governor Greg Abbott has signed HB 4488 into law. While the bill does not establish a "Texas Strategic Bitcoin Reserve," it lays the groundwork for the creation and management of new state funds.
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NEW: 🇺🇸 Texas Governor Greg Abbott signed the Texas Strategic Bitcoin Reserve into law. The bill allows Texas to invest in #Bitcoin and other crypto assets with a market capitalization of at least $500 billion.
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China is reducing its exposure to U.S. debt, selling $8.2 billion in April and holding $757 billion, the lowest in 16 years. 📉 This marks the second consecutive month of selling amid trade tensions. Despite concerns, U.S. Treasury holdings remain near all-time highs. What does this mean for global finance? 🤔
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Norway is flipping the switch on crypto mining. Starting fall 2025, new power-hungry mining data centers will face a temporary ban—a move to protect electricity for industries that bring more jobs and local benefits ⚡🏭 Smart policy or missed opportunity? Chime in
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TikTok is pushing back—hard. The platform denies buying $300M in TRUMP coins, calling U.S. Rep. Brad Sherman’s claims “patently false and irresponsible.” Sherman insists the acquisition is a personal payoff. Something’s going on... but whose version holds up? Let’s unpack it.
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Crypto Market Trends Resemble 2017, Suggests Extended Cycle
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Wyoming Advances in State-Level Stablecoin Issuance Process
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Ethereum Ecosystem Compared to American Institutions
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U.S. Commerce Secretary Criticizes Federal Reserve's Interest Rate Policy
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Aditxt, Inc. Incorporates Digital Asset Strategy in S-1 Filing
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