Tag: Bitcoin
Bitcoin Price Prediction: Can the Genius Act Push Bitcoin to $200K?
Bitcoin (BTC) has gone down by 1.2% in the past month but an important piece of legislation in the United States could change the top crypt’s trajectory in the next few months. The so-called ‘GENIUS Act’, an acronym that stands for “Guiding and Establishing National Innovation for U.S. Stablecoins Act”, has been passed in the […]
Texas Advances Bill to Create State-Backed Bitcoin Reserve
Texas is one step closer to becoming the first U.S. state to establish a Bitcoin reserve. On May 7, the Texas House Committee on Government Efficiency approved Senate Bill 21 (SB 21) in a 9–4 vote along party lines. The bill, which has already cleared the state Senate, now awaits a full floor vote before […]