Odaily Planet Daily reports that Bitcoin.com News posted on the X platform that Illinois introduced the “Community Bitcoin Reserve Act” earlier this week. The bill aims to establish a state-operated program that holds Bitcoin through multi-signature cold storage, with the Altgeld Bitcoin Reserve being the first. According to the bill, the reserved Bitcoin can only be traded or sold if authorized by new legislation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Maji Big Brother Enters Again, Going Long on BTC, ETH, and HYPE
The crypto market has regained activity, with renowned trader DJ Machi (Huang Li-cheng) re-entering the market to go long, increasing his bullish positions in Ethereum and Bitcoin. Despite floating profits exceeding $1.4 million, he still needs $27.7 million to break even. Facing past losses, his continued investment has become a market focal point.
ChainNewsAbmedia2m ago
A certain hedge fund whale has built a position of 45 million USD betting on a weakening ETH/BTC exchange rate, with current floating gains of 200,000 USD.
On March 17th, Hyperinsight monitored a hedge whale establishing BTC long positions and ETH short positions with 20x leverage, each approximately $22 million, totaling $45 million. Currently, the BTC long position shows an unrealized loss of $230,000, the ETH short position shows an unrealized gain of $420,000, with an overall unrealized gain of $200,000. This whale frequently hedges commodity positions through crypto holdings and favors short-biased strategies.
GateNews3m ago
MICA Daily | BTC Stable Above 30-Day Moving Average, Continues to Show Bullish Outlook
According to Binance data, Bitcoin's moving average convergence divergence indicator shows significant improvement in its price trend structure, with current trading price around $73,000, and moving averages in a divergent state, reflecting a market transition phase. Technical analysis indicates that the 30-day moving average is of high importance; if the price maintains above this moving average, it indicates buying support, otherwise it may enter a correction phase. Investors will judge the trend based on changes in moving averages.
区块客12m ago
Metaplanet Raises Additional $255 Million to Buy Bitcoin, Targets Full Increase to $531 Million
Japan's Metaplanet has recently raised approximately $255 million in new funding to increase its bitcoin holdings, with a target of holding 210,000 BTC before 2027. The company has become Japan's largest bitcoin holder and is further expanding its market exposure. This fundraising strategy includes premium share offerings and warrants, aimed at accelerating bitcoin accumulation and ecosystem development.
区块客16m ago
Bitcoin falls below 74,000 USDT, with an intraday decline of 1.22%
Gate News reports that on March 17, according to market data, Bitcoin fell below 74,000 USDT, currently trading at 73962.36 USDT, with a daily decline of 1.22%.
GateNews25m ago
BTC drops below 74,000 USDT
Gate News bot message: Gate market data shows BTC has broken below 74000 USDT, currently trading at 73998.8 USDT.
CryptoRadar26m ago
