Arizona Pioneers State-Level Bitcoin Adoption with New Unclaimed Assets Law
Arizona has taken a significant step towards institutional cryptocurrency adoption with Governor Katie Hobbs signing House Bill 2749 into law. This groundbreaking legislation establishes a Bitcoin reserve fund by authorizing the state to claim ownership of abandoned digital assets after three years of inactivity. The move positions Arizona as a trailblazer in state-level crypto integration, creating a formal framework for handling dormant Bitcoin and other digital assets similar to existing protocols for traditional unclaimed property. This development marks a major milestone in cryptocurrency's journey toward mainstream financial acceptance and could serve as a model for other states looking to embrace digital assets. The law's implementation in 2025 demonstrates growing institutional confidence in Bitcoin's long-term value proposition and its role in modern financial systems.
Arizona Establishes Bitcoin Reserve Fund Through New Unclaimed Assets Law
Arizona Governor Katie Hobbs has signed House Bill 2749 into law, authorizing the state to claim ownership of abandoned digital assets after three years of unresponsiveness. The legislation positions Arizona as a pioneer in institutional cryptocurrency adoption at the state level.
The new law creates a framework for handling dormant Bitcoin and other digital assets, mirroring existing protocols for traditional unclaimed property. This development follows New Hampshire's recent authorization for state treasury cryptocurrency investments, signaling growing legislative acceptance of digital assets.
By establishing a bitcoin Reserve Fund, Arizona demonstrates forward-thinking fiscal policy that acknowledges cryptocurrency's role in modern finance. The three-year dormancy period provides adequate consumer protection while enabling the state to utilize otherwise idle assets.
Bitcoin Jumps as U.S.-China Meeting Sparks Market Optimism
Bitcoin briefly surged to $97,000 amid news of planned U.S.-China trade talks in Switzerland, reigniting market optimism. The U.S. Treasury Department confirmed the meeting, noting discussions WOULD address economic tensions between the two nations.
Market sentiment remains cautious, with Polymarket odds of a successful trade deal below 30%. The ongoing tariff war—highlighted by President Trump's 145% tariffs on Chinese imports and China's retaliatory 125% duties—has destabilized crypto markets, contributing to Bitcoin's 15% drop from recent highs.
Analysts now watch whether macro developments could propel BTC toward the $100,000 threshold, as traders weigh geopolitical risks against institutional demand.
Bitcoin Approaches Historic Profit-Taking Zone as Bulls Regain Control
Bitcoin surges toward $100,000, fueled by renewed institutional interest and a bullish technical structure. The Delta metric—tracking the divergence between market cap and realized value—suggests the rally may have further room to run before hitting typical profit-taking thresholds.
On-chain analytics firm CryptoQuant notes this indicator has reliably flagged cycle tops when euphoria peaks. Current levels remain below historical sell zones, implying disciplined accumulation despite the 150% year-to-date gain.
Bitcoin Nears $100K Amid U.S. Trade Deal Optimism and Market Momentum
Bitcoin surged toward the $100,000 threshold early Thursday as bullish sentiment swept through markets following remarks from U.S. President Donald Trump. A pending trade agreement with an unnamed "highly respected country"—speculated to be the U.K.—fueled hopes for tariff reductions and broader economic relief.
The prospect of eased trade tensions has invigorated risk assets, with cryptocurrencies leading the charge. Bitcoin rallied 5% in 24 hours, extending its upward trajectory as investors bet on a macroeconomic tailwind from lower tariffs and subdued inflation.
Bitcoin Price Eyes $100K Ahead of US-China Trade Talks
Bitcoin's price is poised to breach the $100,000 threshold as US-China trade negotiations loom. Trading above $99,000, BTC faces significant resistance but maintains a 3% daily gain and 5% weekly surge.
Derivatives markets show cooling activity, with liquidations dropping 7% to $300 billion—primarily short positions. Bitcoin's market dominance holds at 62%, while the broader crypto market shifts into 'greed' territory, reflecting heightened bullish sentiment.
Crypto Market Cap Surges Past $3 Trillion Amid White House Trade Deal Announcement
The cryptocurrency market rallied sharply on Thursday, with Bitcoin breaching the $99,000 level as global risk assets responded to a major trade deal announcement from the White House. The total market capitalization of digital assets reached $3 trillion for the first time, liquidating 71.4% of leveraged short positions according to Coinglass data.
US President Donald Trump's Oval Office announcement regarding multilateral trade agreements appeared to catalyze the move, with Asian markets following the bullish momentum. The crypto sector's record valuation now stands as a stark contrast to its $250 billion capitalization during the depths of the 2022 bear market.
