North Carolina is making waves in the digital finance world with two new legislative efforts aimed at pulling Bitcoin into the state's investment strategy.
One proposal, led by House Republicans, would permit the State Treasurer to allocate a portion of public funds into digital assets—potentially extending to state retirement systems.
Another, more aggressive bill from the Senate suggests using Bitcoin as a strategic reserve, opening the door to staking and yield-generating activities.
Though the House version recently passed with a trimmed investment cap of 5%, the Senate’s measure still pushes for a 10% threshold. Both proposals reflect a growing political appetite to treat Bitcoin as a legitimate financial tool rather than a speculative gamble.
Supporters argue that crypto offers speed, transparency, and long-term value, positioning it as a modern alternative to legacy systems. There’s also talk of building a state-managed reserve for confiscated crypto, signaling preparation for broader blockchain integration.
As the Trump administration promotes crypto innovation on the national stage, states like North Carolina, Arizona, and New Hampshire are racing to define their role in the new digital economy. But not all states are on board—several efforts elsewhere have already stalled.
Bitcoin marked a new all-time high of $111,861 on Bitcoin Pizza Day, but beyond the headline, data suggests this rally is still gaining steam — not cooling off.
Mike Novogratz, the head of Galaxy Digital, believes the current state of the U.S. economy—and shifting attitudes in Washington—are creating ideal conditions for Bitcoin and the broader crypto market.
Bitcoin’s recent breakout above $110,000 has reignited bullish sentiment, with crypto prediction markets signaling growing confidence in further gains.
As Bitcoin pushed past $111,000 on May 22, breaking its previous all-time high, activity in the futures market erupted in response.