Massachusetts is set to join a growing list of U.S. states embracing cryptocurrency as part of their financial strategy. Republican Senator Peter Durant of Worcester County has introduced legislation to create a “Commonwealth Bitcoin Strategic Reserve.” This proposal marks a pivotal shift for a state traditionally known as a Democratic stronghold. Massachusetts Targets BTC Adoption With Strategic Reserve Proposal State Senator Peter Durant has filed a bill advocating for the establishment of a Bitcoin reserve. The proposed “Commonwealth Bitcoin Strategic Reserve” aims to allocate up to 10% of the state’s $9 billion stabilization fund toward Bitcoin and other digital assets. The legislation specifies that funds used for the reserve must be unspent, uncommitted, or unencumbered, ensuring no interference with existing financial obligations. Senator Durant emphasized that the reserve would not replace traditional investments but act as a supplementary strategy. Additionally, the proposed reserve offers flexibility by permitting the state treasury to loan Bitcoin and other assets under its control. This provision will generate additional returns while maintaining a balanced financial risk profile. The legislation also allows the use of qualified custodians or exchange-traded products (ETPs) to secure these digital assets. This approach aligns with the growing adoption of cryptocurrencies as a viable financial tool in the private and public sectors. This Is Developing, Check Back For More The post Massachusetts To Embrace Bitcoin Strategy With New Reserve Bill, Here’s All appeared first on CoinGape .
The cryptocurrency market is preparing for a powerful rally, and strategic investors are capitalizing on assets with massive growth potential. Bitcoin (BTC) still leads the charge, but altcoins are capturing attention. From Ethereum (ETH) to the dynamic BigBossInu, these digital currencies are ready to thrive as market momentum builds. BigBossInu: Leading the Crypto Revolution with Its Explosive Presale BigBossInu is revolutionizing the crypto market, with its presale attracting significant investor interest and generating major excitement. Positioned as a high-reward opportunity, it offers early investors a strategic advantage to secure exceptional rewards. With a visionary roadmap and cutting-edge features, BigBossInu is quickly becoming one of the hottest cryptos to follow, creating waves in the space with ambitious growth plans. BIGBOSSINU celebrates $100,000 raised within minutes! For a l imited time , get a 50% EXTRA BONUS by using the code EXTRA50X . Don’t miss out! >> Ethereum (ETH) : Ethereum’s price has seen gains recently, closely following the U.S. stock market indexes hitting record highs. Despite a sideways consolidation over the past week, ETH is approaching the final phase of a bullish fractal pattern, which could lead to a 40% increase in price if confirmed. Solana (SOL) : Solana is eyeing a long-term price target of $600, potentially riding the broader crypto bull run led by Bitcoin. The network has seen significant growth in its ecosystem, including a new all-time high in liquid staking above $5.7 billion and an increase in average daily transaction volumes for NFTs and decentralized exchanges (DEXs). Optimism (OP) : Generally, Optimism’s price is tied to its progress in scaling Ethereum and the adoption of layer-2 solutions, which help in reducing transaction costs and increasing throughput for the Ethereum blockchain. Litecoin (LTC) : Historically, LTC’s performance often moves in tandem with Bitcoin, acting as a “digital silver.” Litecoin is still relevant for payments due to its faster transaction speeds and lower fees compared to Bitcoin. >> Conclusion With the crypto market gearing up for a rally, altcoins like BigBossInu, Ethereum, Solana, Optimism, and Litecoin offer significant opportunities for growth by 2025. BigBossInu’s presale, Ethereum’s bullish signals, Solana’s expanding ecosystem, Optimism’s layer-2 adoption, and Litecoin’s payment strength highlight their potential. These assets could help build a substantial portfolio, but thorough research and risk management are essential in navigating the volatile market. To learn more about BigBossInu and its Presale visit: Presale: https://bigbossinu.com/buy-token Website: https://bigbossinu.com Telegram: https://t.me/bigbossinu X/Twitter: https://x.com/BigBossInu The post XRP’s Life-Chang-ing Potential: These 5 Altcoins Could Deliver 18,000% ROI appeared first on TheCoinrise.com .
The recent announcement from the SEC reveals significant leadership changes within its ranks. Scott Schneider, the Director of the Office of Public Affairs, and Sanjay Wadhwa, the Acting Director of
COINOTAG News reports that since the recent election, prominent cryptocurrency firms such as Ripple, Coinbase, Kraken, Robinhood, and Circle have collectively contributed upwards of $10 million to the Trump Inaugural
In a significant move for the cryptocurrency landscape, Massachusetts State Senator Peter Durant has unveiled a proposal for a Strategic Bitcoin Reserve. As the first predominantly Democratic state to consider
The recent surge in Bitcoin’s price, fueled by CPI data, has sparked interest as it crosses the $100,000 threshold. The momentum, characterized by $500 million in stablecoin inflows on Binance,
On January 18th, COINOTAG News reported an intriguing transaction captured by on-chain data analyst Yu Jin, showcasing the strategic maneuvers of a prominent whale or institutional investor. The entity executed
FTT token shows signs of recovery after significant losses. Upcoming payments are boosting investor confidence in FTT. Continue Reading: FTX Token Sees Signs of Recovery as Major Payment Plan Approaches The post FTX Token Sees Signs of Recovery as Major Payment Plan Approaches appeared first on COINTURK NEWS .
Bank of America says a customer is out of luck after a “phantom hacker” drained $20,000 from her account. Chicago-based business owner Milan Jackson says it all started when she received a phone call from someone who claimed to work at the bank, reports ABC 7. The man on the phone said someone was trying to take $20,000 from Jackson’s account, warning she needed to act fast to stop the transfer. Jackson says the man’s phone number matched the number on the back of her BofA debit card, which made the call seem legitimate. The imposter told Jackson to protect her money by wiring $20,000 to a different account, and soon after the transaction was sent she began to realize something was wrong. “I get this weird feeling, and so I go into Bank of America, and they confirm that this is a scam. I shut the phone off. I’m hysterically crying… I can’t believe this is my life. How did this happen and how am I going to get this money back?” The FBI calls this type of theft “the phantom hacker,” and special agent Rachel LaRocque says these types of scams are growing more sophisticated. “They may even be able to spoof that bank’s phone number, so the number on your caller ID or cell phone might show that it’s the bank. Scammers do not discriminate against anyone. They want money from anyone they can take it from.” In cases like these, Bank of America says it tries to claw back funds but is not responsible for the theft. The bank says it will never call customers and ask them to send money or a wire transfer. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post ‘Phantom Hacker’ Drains $20,000 From Bank of America Account – Now the Bank Refuses To Reimburse: Report appeared first on The Daily Hodl .
CPI boost fueled $500 million in stablecoin inflows on Binance, propelling Bitcoin past $100k.