Cryphold

A move that could change the game for cryptocurrencies, President Donald Trump is reportedly considering issuing an executive order tomorrow to create a Strategic Bitcoin Reserve. According to Bloomberg reports, this reserve could include Bitcoin confiscated in criminal cases and additional purchases of the cryptocurrency.
Bullish for <t-33/>#bitcoin 🚀

$BTC

Cardano Joins Brazil's Largest IT Company to Drive Blockchain Adoption in the Public Sector
#CardanoSurge <t-58/>#MarketRebound
In a move that could accelerate the adoption of blockchain in Latin America, the Cardano Foundation has announced a strategic alliance with Serpro, the government-owned information technology (IT) company of Brazil and the largest of its kind in the world.
The collaboration between Cardano and Serpro aims to promote the use of blockchain technology in Brazil's public sector. 📈This could include applications in areas such as data management, government transparency, and digital services for citizens.

Publicly Traded Company on Nasdaq Chooses Ethereum as Its Primary Reserve Asset
In a move that reinforces the credibility of cryptocurrencies in traditional finance, BioNexus Gene Lab, a publicly traded company on Nasdaq, has approved Ethereum (ETH) as its primary reserve asset. This means that the company will now hold a significant portion of its funds in this cryptocurrency.
The board of directors of BioNexus Gene Lab made the decision to adopt Ethereum as its primary reserve asset. Additionally, the company published a "Ethereum Strategy White Paper," highlighting the reasons behind this decision:

Texas Could Become a Leader in Bitcoin: Proposal to Create a Strategic Reserve of the Cryptocurrency

In a move that could put Texas on the map of digital finance, a group of legislators is proposing a law to create a Strategic Reserve of Bitcoin. This means that the state could start to store and manage Bitcoin as part of its finances, similar to how gold or dollar reserves are managed.
This proposal, called the "Texas Strategic Reserve and Investment in Bitcoin Act," has already been approved by a Senate committee with overwhelming support: 10 votes in favor and none against. Now, the law will be discussed by more legislators and could become a reality in the coming months.