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US States Push for Bitcoin Reserves – Will Trump Follow?

At least 16 US states are advancing legislation to establish Bitcoin reserves, while President Trump’s national-level plans remain uncertain.

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US States Push for Bitcoin Reserves – Will Trump Follow?

Ethereum Surges 3% – What’s Driving the Rally?

Bitcoin Bull Run? Whale Activity Signals a Potential Rally

US States Push for Bitcoin Reserves – Will Trump Follow?

At least 16 US states are advancing legislation to establish Bitcoin reserves, while President Trump’s national-level plans remain uncertain.

  • Main Points:

    • State-Led Initiative: Arizona, Utah, and others are moving forward with Bitcoin investment bills.

    • Trump’s Stance: His administration is exploring a national Bitcoin reserve but lacks concrete action.

    • Inflation Hedge: Advocates argue Bitcoin reserves could protect against currency devaluation.

    • Legislative Momentum: If state proposals pass, government Bitcoin purchases may begin soon.

  • Detailed Insights:

    • State Investments: Some states propose allocating up to 10% of public funds to Bitcoin.

    • Trump’s Crypto Focus: His task force has six months to outline a digital asset strategy.

    • Skepticism Remains: Without tangible government purchases, markets may remain hesitant.

    • Future Impact: A federal Bitcoin reserve could boost institutional adoption beyond ETFs.

While states push forward, the question remains—will Trump deliver on his Bitcoin promise?

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Ethereum Surges 3% – What’s Driving the Rally?

Ethereum's price jumped 3% to $2,600 as the Cboe BZX exchange filed to introduce staking in 21Shares' Ether ETF.

  • Main Points:

    • ETF Staking Proposal: Cboe BZX seeks SEC approval for ETH staking in ETFs.

    • Short Squeeze: $37M in short liquidations fueled ETH’s price surge.

    • Technical Rebound: Oversold RSI suggests a move toward $3,000.

  • Detailed Insights:

    • Institutional Appeal: Staking in ETFs could attract larger investments.

    • Market Reaction: ETH outperformed as the crypto

      market rose 1.3%.

    • Short Liquidations: Traders betting against ETH were forced to buy back.

    • Price Outlook: Analysts see potential for ETH to reclaim $3,000 soon.

If Ethereum breaks above $3,000, a rally toward $4,100 could follow.

₿itcoin reached $95,903. +0.01%

♢Ethereum reached $2,658.  +0.72%

Bitcoin Bull Run? Whale Activity Signals a Potential Rally

Bitcoin’s whale inflows are slowing, a pattern historically linked to bull market peaks, fueling optimism for another rally.

  • Main Points:

    • Whale Exchange Inflows: The Whale Exchange Ratio nears a 5-year high at 0.46.

    • Bullish Signal: A decline in whale deposits often precedes BTC rallies.

    • Key Support Level: Large investors' cost basis sits at $90K.

    • Miner Accumulation: Miners have shifted from selling to accumulating BTC.

  • Detailed Insights:

    • Whale Trends: High inflows usually lead to corrections; the slowdown signals potential upside.

    • Support Levels: BTC has held above $90K for three months, reinforcing bullish sentiment.

    • Miner Activity: After months of selling, miners are now accumulating—a historically bullish shift.

    • Market Outlook: If trends hold, Bitcoin could enter its next major rally phase.

With whale inflows cooling and miners accumulating, Bitcoin may be setting up for its next leg up.

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This article is not financial advice. Market conditions can change rapidly, and past performance does not guarantee future results