Cryptoenthusiast
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The number of wallets with at least 1 BTC has decreased by 5,000 in the past two months.
Texas’ Strategic Bitcoin Reserve bill has passed its second reading in the state House, advancing efforts to allow the state to hold Bitcoin in its treasury. The bill would establish a Texas Bitcoin Depository and authorize the comptroller to manage Bitcoin holdings as a hedge against inflation and financial instability.
Willy Woo: Bitcoin still has room for growth, and the compound annual growth rate is expected to stabilize at 8% in 15 to 20 years. "Bitcoin has long passed the stage of annual growth of several times in 2017. 2020 is a critical year for Bitcoin to achieve "institutionalization", with companies and sovereign institutions starting to hoard Bitcoin, with a compound annual growth rate dropping from more than 100% to 30 to 40%. Bitcoin is now traded as the latest macro asset in 150 years and will continue to absorb global capital until it reaches some kind of "equilibrium point".
XRP news: token surpasses USDT in market cap, eyes $3 as altseason brews🔼 XRP has officially overtaken USDT in market capitalization, signaling a notable shift in market dynamics. This move could hint at a deeper rotation underway in the broader crypto ecosystem.