Utah passes bitcoin-related bill, but key reserve provisions are deleted
2025-03-10 02:43:27
Lawmakers in the U.S. state of Utah have approved a bitcoin-related bill, but removed a core provision allowing state finances to invest in bitcoin. The Blockchain and Digital Innovation Amendment Act, numbered HB230, currently awaits the signature of Governor Spencer Cox to take effect. The bill gives Utah residents rights related to bitcoin custody, mining, node operations, and staking, but a provision that would have made Utah the first state in the U.S. to hold bitcoin in its reserves was removed in the final stages. The original proposal proposed allowing up to 5 percent of the state's digital asset investments to be allocated to bitcoin. Although this provision was passed in an earlier vote, it was later removed. Arizona and Texas are still pushing ahead with bitcoin reserve bills, and both state legislatures are advancing legislation. Of the 31 similar state-level proposals, 25 are still under consideration.
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23:43 2025-03-25
Data: The number of cryptocurrency ATMs worldwide has decreased by 2,062 since its peak in 2022Bitcoin.com News published that the number of cryptocurrency automated teller machines (ATMs) worldwide has decreased by 2,062 since its peak in 2022, with a net decrease of 971 machines for the first time in 2025. Bitcoin occupies 99.92% of the end point, while Litecoin and Ethereum are vying for second place.
2025 saw the first net decrease in cryptocurrency ATMs (971 units).
Bitcoin is available in 99.92% of ATMs, Litecoin in 48.93% of ATMs, and Ethereum in 47.86% of ATMs.
The current global ...
23:34 2025-03-25
Ethena Labs' BUIDL fund in BlackRock has exceeded $1 billionAccording to Arkham, Ethena Labs recently increased its holdings of $225 million of BlackRock BUIDL-I tokens, bringing its total holdings of BUIDL tokens to more than $1 billion. The BUIDL fund, issued by BlackRock in partnership with Securitize, invests primarily in U.S. Treasuries, cash, and repurchase agreements and is designed to provide investors with stable returns.
23:28 2025-03-25
Golden Morning News | List of important developments overnight on March 2621:00-7:00 Keywords: GameStop, Fidelity Solana ETF, Ripple, DeFi Broker Rules
1.Circle 250 million additional USDC issued on the Solana network;
2. GameStop includes bitcoin in its treasury reserve assets.
3. Cboe BZX submits Fidelity Solana ETF application to the SEC;
4. MIM Spell: willing to provide hackers with 20% of the total stolen funds as a bounty;
5. Ripple agreed to waive the cross-appeal, and the SEC will keep $50 million of the $125 million fine;
6. Michael Saylor expects BT...
23:13 2025-03-25
USDC Treasury Minted 65 million New USDC on Ethereum ChainAccording to Whale Alert, an on-chain data tracking service, at around 7:04 a.m. Beijing time, USDC Treasury minted 65 million new USDC on the Ethereum chain.
23:10 2025-03-25
Bank of America customers sold technology stocks by a record amount last weekJill Carey Hall, a quantitative strategist at Bank of America, wrote in a research note that the bank's clients sold the most US technology stocks on record last week, based on data going back as far as 2008. "We expect technology stocks to continue to lose their leadership," the strategist wrote. The sell-off in technology stocks came as US stocks recorded their largest net sell-off since August last year, with net sales in the same period of 5.80 billion...
23:10 2025-03-25
U.S. Democratic lawmakers call for resignation of senior officials involved in group chat leakWith the further fermentation of the leaks of the US war plan group chat, two Democratic senators in the US Congress called on the 25th for the resignation of senior officials such as National Security Adviser Michael Waltz and Defense Secretary Pete Hegseth.
23:01 2025-03-25
OpenAI Releases New Text-to-Image ModelOpenAI made a major update to GPT-4o and Sora on the 25th local time, providing a new Text-to-Image model. In addition to Text-to-Image, the model also supports super-practical functions such as custom operations, continuous questioning, style transformation, and image PPT.
22:48 2025-03-25
Zelensky: No consensus was reached on territorial issuesAccording to the Interfax News Agency of Ukraine on the evening of the 25th, Ukrainian President Zelensky said in a meeting with the media that Ukraine has not reached any consensus with the United States and Russia on territorial issues, and the United States has agreed to hold a new round of talks on the details of the ceasefire in the near future.
22:48 2025-03-25
"Sister Wood" believes that Tesla's share price will reach nearly 10 times the current level, and it is also more optimistic about China"Sister Wood" Cathie Wood's Ark Investment Management LLC remains bullish on Tesla (TSLA. O), expecting the stock to reach $2,600 in five years, or nearly 10 times its current level. Tesla's robot taxis will account for 90% of its value by then. Ark has not even included Tesla's pioneering work on humanoid robots in its stock price forecast. Tesla shares will reach $2,600 in five years, almost 10 times their current level. Wood's company, meanwhile, is more bullish on China. Ark Investment bough...
22:45 2025-03-25
Poll: Trump's approval rating rose by 1 percentage pointAccording to a Reuters/Ipsos poll, U.S. President Donald Trump's approval rating stands at 45 percent, up from 44 percent in early March.
22:42 2025-03-25
Republicans are close to a tax cut plan, with an eye on a debt ceiling dealAccording to foreign media reports, Republican (House and Senate) leaders said they are close to agreeing on a plan to extend Trump's 2017 tax cuts and raise the debt ceiling, with Congress hoping to approve an economic package by the end of May. The Speaker of the U.S. House of Representatives is about...
22:42 2025-03-25
The probability that the Federal Reserve will keep interest rates unchanged in May is 87.1%.According to the CME "Fed Watch", the probability that the Fed will keep interest rates unchanged in May is 87.1%, and the probability of a 25 basis point cut is 12.9%. The probability that the Fed will keep interest rates unchanged in June is 32.4%, the probability of a cumulative 25 basis point cut is 59.5%, and the probability of a cumulative 50 basis point cut is 8.1%.
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