Texas state lawmakers have reintroduced a bill aimed at establishing a Strategic Bitcoin Reserve, now designated as SB 21, which allows for investments in additional crypto.
This could be a sign of some apprehension in the markets about Trump's prposed tariffs and their effect on the economy. According to a report from Bloomberg, top asset management firm BlackRock is looking at launching a Bitcoin ETP in Europe soon. It would be the first European crypto ETP, and it could lead to many more such ETPs.
It seems like any time the doubters claim that Bitcoin (CRYPTO: BTC) is dead, it simply bounces back to reach fresh all-time highs. This leading digital asset has soared in the past few years, but in the past seven weeks, it's been trading around the $100,000 level. Bitcoin bulls are hoping for the next breakout to happen.