⚡️ NEW: VanEck analyzed #Bitcoin reserve bills for 20 states and projects that if they’re enacted it could lead to states buying $23 billion worth of Bitcoin.
Legislation to create a Bitcoin reserve has been introduced in 20 US states:
Submissions for consideration:
⚫Florida
⚫Iowa
⚫Massachusetts
⚫ Missouri – introduced in both houses of the state legislature
⚫ Montana
⚫ North Carolina
Under review by the corresponding committee:
⚫ Illinois
⚫Kentucky
⚫ Maryland
⚫ New Hampshire
⚫ New Mexico
⚫ Ohio – under review in both houses of the state legislature
⚫ Oklahoma
⚫Pennsylvania
⚫ South Dakota
⚫Texas
Passed in the first chamber of the state legislature:
⚫ Arizona
⚫ Utah
Rejected:
⚫ South Dakota – came to a vote in the first chamber but was rejected
⚫ Wyoming – rejected in the initial stage
GOOD MORNING!
📱 The price of Bitcoin continues above USD 97,000.
🟡 The Fear and Greed Index continues in the "Fear" zone and is located at 37 out of 100.
🌐 The global cryptocurrency market capitalization is 3.22 T and the total volume is 95.29 B.
🇺🇸 For this Wednesday, a volatile day is expected as inflation data in the United States will be released.
America's eighth largest bank, PNC, disclosed its exposure to Bitcoin in its latest 13F filing with the SEC.
📱 The financial institution The bank has investments in Bitcoin worth USD 67 million, mainly through the Bitwise Bitcoin ETF.
