Texas Strategic Bitcoin Reserve Bill Passes The Senate

Today, the Texas Senate has passed SB 21, a bill aimed at creating a strategic Bitcoin reserve for the state, by a vote of 25-5. The bill will now advance…

Texas Senate passes Bitcoin strategic reserve bill

The Texas Senate passed the Bitcoin (BTC) strategic reserve bill SB-21 in a 25-5 vote on March 6, after deliberating the merits of the legislation on the Senate floor. Texas…

Solana DEX volumes still rival Ethereum’s despite memecoin meltdown: VanEck

Solana’s decentralized exchange (DEX) volumes still rival those of the entire Ethereum ecosystem despite a steep dropoff in memecoin trading activity, asset manager VanEck said.  In February, Solana’s share of…

Bitwise makes first institutional DeFi allocation

Bitwise Asset Management has made its first institutional decentralized finance (DeFi) allocation, depositing into Maple Finance’s overcollateralized Bitcoin loans, Maple told Cointelegraph on March 6.  Maple did not disclose the…

Brazilian Publicly Traded Méliuz Adopts Bitcoin Treasury Strategy

Brazilian fintech company Méliuz announced Thursday it had allocated 10% of its cash reserves into bitcoin, becoming the first publicly traded firm in the country to adopt a bitcoin treasury…

Cointelegraph Bitcoin & Ethereum Blockchain News

Understanding liquidity crises A liquidity crisis occurs when an organization lacks sufficient liquid assets, such as cash or assets readily convertible to cash, to meet its short-term financial obligations. Major…

Brazil fintech unicorn Meliuz adopts Bitcoin treasury strategy

Brazilian fintech unicorn Meliuz said on March 6 that it has begun purchasing Bitcoin as part of a new treasury management strategy, joining a growing trend of traditional finance companies…

Bitcoin struggles near $90K as US tariff fears spook ETF investors

Bitcoin’s recent rally above the key psychological threshold of $90,000 proved short-lived, with analysts pointing to ongoing macroeconomic uncertainties and a significant reduction in institutional investments in cryptocurrency markets. Bitcoin…

Solana co-founder prefers ‘no reserve’ despite SOL inclusion

Solana co-founder and CEO Anatoly Yakovenko said he would prefer no US crypto reserve, citing the risks to decentralization if a government was in charge.  On March 6, Yakovenko posted…

Trump’s WLFI tripled Ether holdings in a week amid market downturn

The decentralized finance (DeFi) platform linked to US President Donald Trump significantly increased its Ether holdings over the past week as the cryptocurrency’s price briefly dipped below $2,000. Trump’s World…