Despite once being a disbeliever in new cryptocurrency, the State Senator for Minnesota, Jeremy Miller, has had a change of heart and introduced the ‘Minnesota Bitcoin Act’ yesterday – perhaps over fears of being left behind.
‘As I do more research on cryptocurrency and hear from more and more constituents, I’ve gone from being highly skeptical to learning more about it to believing in Bitcoin and other cryptocurrencies,’ commented Senator Miller.
The strategic Bitcoin reserve’s (SBR’s) ultimate aim is to boost state investments, expand retirement options, modernize payments, and encourage innovation.
23 US States Propose SBRs, Give New Cryptos a Boost
According to the White House, $BTC has a fixed supply and it’s often referred to as ‘Digital Gold.’ This makes it advantageous to become one of the first nations to create an SBR and maximize its strength as a store of value in the global financial system.
Due to this, Minnesota isn’t the only US state jumping on the $BTC bandwagon.
A sizable 39 SBRs have been proposed across 23 states, mostly in anticipation and after the self-acclaimed ‘Crypto President’ Donald Trump boldly reclaimed the reins as US president on January 20.
Arizona’s SBR – Senate Bill 1444 – takes the lead for approval. It’s the first State to have moved one of its SBRs to its second reading, edging it closer to legislative approval.
Texas is next in line, having passed the Senate committee at the end of January and now pending conclusive ratification.
Bills from other US states, including Georgia, Florida, and Illinois, remain alive and kicking but are at nascent legislative stages.
The increasing acceptance of Bitcoin by US states signals a rosy future for cryptocurrencies. It may be what spurred 83% of institutional investors to announce plans to increase their crypto exposure this year.
As a more favorable crypto environment continues to evolve, it signals a rosy future for new cryptocurrency with actual utility – particularly ones like $BTCBULL that, like the US states, are on a mission to capitalize on $BTC’s success.
1. BTC Bull Token ($BTCBULL) – Real $BTC Airdrops, Token Burns & 112% Staking Rewards
BTC Bull Token ($BTCBULL) will likely buck the trend because it’s a highly rewarding meme coin that leverages $BTC’s popularity to create a bustling ecosystem, complete with frequent airdrops and token burns.
A sizable 10% of $BTCBULL’s total token supply will also appear in holders’ Best Wallets when $BTC reaches $250K.
To help boost $BTCBULL’s price – based on supply and demand – a portion of $BTCBULL will be burnt when $BTC hits $125k, $175k, and $225k.
Beyond airdrops, passive income can also be earned by staking $BTCBULL at an admirable 112% APY – a generous 10% of the project’s total token supply is set aside for such rewards.
One $BTCBULL currently costs just $0.00242. If bullish market conditions prevail, it could jump nearly 250% to 0.00835, making now a prime time to join the presale.
2. Best Wallet Token ($BEST) – Enjoy Ultra Low Fees & Governance Rights in First Presale Wallet
Beyond being the entry point to winning $BTC and $BTCBULL, Best Wallet Token ($BEST) has tons to offer.
Best Wallet is a non-custodial, no-KYC wallet that emphasizes security and anonymity, plus it’s the first of its kind to feature the hottest presale tokens.
The crypto wallet supports over 1K assets and is preparing to support 60 blockchain networks. By expanding its network support, users will soon benefit from more seamless and cheaper transactions alongside enhanced security.
Holders of $BEST, however, have even more compelling advantages within the ecosystem: lower transaction costs, community governance, and significant staking rewards, currently at a 140% APY – each of these points make it a highly attractive investment instrument.
$BEST is currently available to buy for just $0.0244. Driven by its upcoming developments, like its very own crypto debit card, we anticipate its price could rise by around 195% to $0.072 before 2026 kickstarts.
3. Hyperliquid ($HYPE) – L1 Network Coin Enhancing the Future of Perpetual Futures Trading
Another coin worth a shoutout is $HYPE, having jumped by 12.13% since just yesterday.
The token’s success is due to its role in incentivizing user participation in the Hyperliquid platform, which specializes in perpetual futures trading.
What do users get in exchange? The ability to speculate on cryptocurrency prices without having to buy the underlying assets themselves. Fewer headaches, more flexibility, and similar profit margins, is that not a deal worth considering?
Valued at around $14.60, $HYPE comes with a much more expensive price tag. Unlike the other coins (at least for now), you can snag the coin on various exchange giants: Bitget, KuCoin, and Gate.io.
Verdict – $BTC’s ‘Digital Gold’ Status Might Have Competition
In short, Bitcoin’s growing adoption and acceptance across US states indicates a highly favorable environment for cryptocurrencies now and possibly years to come.
A substantial 23 US states seeking to become the first to roll out an SBR highlights Bitcoin’s role as being ‘digital gold’ to shape financial systems.
Additionally, it spurs prosperous times for the best crypto to buy now, like $BTCBULL, $BEST, and $HYPE. Owing to their novel use cases, $BTC soon might not be the only coin classified as digital gold for much longer.
However, we’re not financial investors; we simply offer information on the ever-evolving crypto space. You must always do your homework and never spend more than you’d be sad to part with when making any type of investment.
