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U.S. states may successfully frontrun federal authorities on Bitcoin reserve policy as Texas lawmakers advanced a bill through the Senate.
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Texas policymakers have roughly $24 billion in sovereign wealth as the State’s Senate weighed passing Bitcoin reserve legislation.
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Bitcoin
News
Texas Lieutenant Governor Dan Patrick has announced plans to establish a “Texas Bitcoin Reserve” as part of his top legislative priorities for the 2025 session. The proposal underscores Texas’ ongoing push to integrate Bitcoin (BTC) into its financial strategy and…
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Bitcoin
News
Ripple was awarded financial licenses in New York and Texas, which allow the firm to extend its payment services to more U.S. users.
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Ripple USD
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XRP
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A Satoshi-era Bitcoin buyer must surrender crypto keys to his $124 million stash, a Texas court ruled following a landmark conviction last year.
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Bitcoin
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Texas-based fitness maker Interactive Strength plans to allocate $5 million in Bitcoin as part of its treasury strategy. Interactive Strength, a maker of specialty fitness equipment, said Thursday its board has approved allocating up to $5 million in Bitcoin (BTC),…
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Bitcoin
News
A federal court in Texas has struck down a Securities and Exchange Commission rule that expanded the definition of a broker to include decentralized finance platforms and other crypto entities. The SEC’s broker-dealer rule, finalized in February 2024, aimed to…
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Analysts at H.C. Wainwright & Co. believe Cipher’s recent acquisition in Texas will enhance its strategic operations. Cipher recently announced the acquisition of a 300 MW development site in West Texas, increasing its total energy pipeline to over 2.5 GW…
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Bitcoin
News
In a recent speech for the Texas Blockchain Council, U.S. Senator Ted Cruz referred to Bitcoin as an energy safety blanket for Texas’s grid infrastructure. Cruz described Bitcoin (BTC) as a “reservoir of power,” suggesting that it could serve as…
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Bitcoin
News
Bitcoin miner Crusoe Energy announced a new multibillion-dollar deal with energy tech company Lancium to build a data center for artificial intelligence in Texas. Crusoe Energy, one of the first Bitcoin (BTC) mining companies in the U.S. to use wasted…
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Bitcoin
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Hut 8 said it has entered into a power purchase agreement for a site in West Texas with access to 205 megawatts. Bitcoin mining company Hut 8 is gearing up to expand its infrastructure platform significantly with the latest agreement…
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Bitcoin
News
A US court has temporarily suspended an Energy Information Administration (EIA) directive requiring Bitcoin miners to participate in a mandatory survey. The decision, made by Judge Alan Albright, prevents the EIA from enforcing the Texas Blockchain Council and its members…
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Bitcoin
News
Riot and the Texas Blockchain Council successfully convinced a U.S. district judge that immediate harm would occur without a temporary restraining order to halt further data collection.
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Texas Blockchain Council (TBC) and Riot Platforms have initiated a lawsuit against the U.S. Department of Energy (DOE), its Energy and Information Administration (EIA), and the U.S. Office of Management and Budget (OMB). The legal challenge, filed in the U.S.…
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Bitcoin
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A Texas crypto firm and industry group sued the SEC, disputing its authority over exchange-traded crypto, aiming to classify them as non-securities. In a legal maneuver against the U.S. Securities and Exchange Commission (SEC), a Texas-based crypto mining firm called…
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Residents of Granbury, Texas, are facing unprecedented disturbances, health issues, and environmental crises due to a local Bitcoin mining operation, as reported by TIME.
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Bitcoin
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