Summary
- The Texas Senate announced it will hold a public hearing to discuss establishing Bitcoin (BTC) as a strategic reserve asset.
- Bitcoin (BTC) could be designated as a strategic reserve asset, potentially providing investors with a new investment vehicle.
- BTC is trading at $95,835.42 on the Binance USDT market, indicating a need for caution regarding price volatility.
According to the cryptocurrency media WatcherGuru's X (formerly Twitter) account on the 17th (local time), the Texas Senate will hold a public hearing on February 18th (local time) to discuss establishing Bitcoin (BTC) as a strategic reserve asset.
Meanwhile, BTC is trading at $95,835.42 on the Binance USDT market as of 00:49 on the 18th, down 1.11% from the previous day.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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