Arizona Embraces Bitcoin Reserve Strategy Following New Hampshire’s Lead
Arizona has taken a significant step towards institutional cryptocurrency adoption by authorizing a strategic Bitcoin reserve, following in the footsteps of New Hampshire. Governor Katie Hobbs signed House Bill 2749 into law, allowing unclaimed property funds to be invested in cryptocurrencies like Bitcoin. This measured approach acknowledges both the potential of digital assets and the challenges posed by market volatility and regulatory uncertainty. The move positions Arizona as a forward-thinking state in the realm of digital finance, while contrasting with more aggressive cryptocurrency proposals seen elsewhere. As of July 2025, this development signals growing institutional acceptance of Bitcoin despite ongoing regulatory questions in the United States.
Arizona Follows New Hampshire in Establishing Bitcoin Reserve Amid Regulatory Uncertainty
Arizona has become the second U.S. state to authorize a strategic Bitcoin reserve, with Governor Katie Hobbs signing House Bill 2749 into law. The legislation permits unclaimed property funds to be allocated to cryptocurrency investments, marking a measured step toward institutional adoption while addressing market volatility and regulatory ambiguity.
The move contrasts with more aggressive proposals elsewhere, reflecting Arizona's conservative approach to digital asset integration. By creating a legal framework for state-level crypto holdings, the bill signals growing recognition of Bitcoin's role in public treasury management—even as federal regulators continue grappling with classification and oversight challenges.
Bitcoin Rally Incoming? Charts Signal Potential Push To New Highs
Bitcoin flirts with the $100,000 mark as bullish technical indicators emerge. Analysts point to historical patterns suggesting a potential surge, with the 20-day simple moving average serving as a critical support level.
On-chain metrics and macroeconomic tailwinds align for a possible all-time high. The cryptocurrency's resilience at key levels mirrors 2023 and 2024 price action that preceded significant rallies.
Bitcoin Rockets Past $100K on Trump’s ‘Maxed-Out’ UK Deal – Volatility Ahead?
Cryptocurrency markets surged as Bitcoin breached the $100,000 threshold following President Donald Trump's announcement of a landmark trade deal with the UK. The agreement, dubbed a "maxed-out deal" by Trump, signals a potential shift in U.S. trade policy and has injected Optimism into risk assets globally.
Market participants interpreted the deal as a catalyst for renewed institutional interest in digital assets. The MOVE index, a measure of expected volatility, suggests turbulent price action may follow this geopolitical development.
Texas Advances Legislation to Create First State-Managed Bitcoin Reserve
Texas is poised to make history as the first U.S. state to establish an official bitcoin reserve. The Texas House Committee on Government Efficiency has advanced Senate Bill 21, which proposes the creation of a "Texas Strategic Bitcoin Reserve" managed by the state comptroller. This move comes as other states, like Florida, retreat from Bitcoin-related legislation.
The bill has already cleared the Senate, leaving only a full House vote before becoming law. Texas's push for a Bitcoin reserve stands in contrast to the cooling enthusiasm in some states following former President Donald Trump's federal-level Bitcoin reserve proposal. Meanwhile, New Hampshire continues to lead in cryptocurrency adoption efforts.
Bitcoin Surges Past $99,000, Returning Millions of BTC to Profit
Bitcoin has reclaimed its dominance in the crypto market with a sharp rebound above $99,000, marking its highest level in two months. The rally has shifted over 3 million BTC back into profitable territory, according to on-chain data from Glassnode.
The resurgence follows a broader market recovery, with Bitcoin testing key resistance levels. Traders are now watching whether the momentum can sustain as institutional interest grows and macroeconomic conditions stabilize.
Bitcoin Realized Cap Hits $890B as Whale Activity Surges
Bitcoin's realized capitalization has reached a record $890.74 billion, signaling sustained capital inflows and strengthening investor conviction. The metric, which values coins based on their last transaction price, has set its third consecutive weekly all-time high.
Whale accumulation patterns show a dramatic 949% spike in large holder netflow over the past week. This resurgence of institutional interest coincides with Bitcoin trading NEAR the $100,000 psychological threshold at $99,755, marking a 2.91% daily gain.
Market dynamics reveal a structural shift in sentiment as both long-term holders and short-term traders continue accumulating during periods of price uncertainty. However, subdued on-chain activity tempers expectations for an immediate bullish breakout despite the strong fundamental indicators.