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The post Arizona Approves Bitcoin Reserves, But Wyoming and Montana Are Saying No – Here’s Why appeared first on Coinpedia Fintech News Arizona is pushing ahead with cryptocurrency investment as two Bitcoin reserve bills have passed the Senate, setting the stage for final approval in the state’s House of Representatives. While states like Wyoming and Montana are rejecting similar measures over concerns about crypto’s volatility, Arizona is doubling down on digital assets. If these bills pass in the state’s House of Representatives, Arizona could become one of the first states to officially hold Bitcoin in its reserves. Senate Approves Bitcoin Reserve Bills On Feb. 27, the Arizona Senate approved the Strategic Digital Assets Reserve bill (SB 1373) in a 17-12 vote, sending it to the House for final approval. Sponsored by Republican Senator Mark Finchem, the bill aims to create a Digital Assets Strategic Reserve Fund, which will be managed by the state treasurer. The fund...
The post Crypto News: Bitwise’s Aptos ETF Filing Sparks 12% Surge in APT Token Price appeared first on Coinpedia Fintech News Bitwise Asset Management has taken a major step towards launching an Aptos-focused exchange-traded fund (ETF) by registering an Aptos ETF entity in Delaware . The filing, submitted on February 25 to the Delaware Division of Corporations, signals the company’s intention to introduce a spot ETF centered on the layer-1 cryptocurrency Aptos. While this move does not guarantee immediate approval, it is an important part of the regulatory process. A Blockchain Researcher wrote on X, “According to official documents, the BITWISE APTOS ETF has been registered in Delaware, USA! Earlier, several APTOS ETPs were launched in Europe, including Bitwise Aptos Staking ETP and 21Shares Aptos Staking ETP.” The next crucial phase involves submitting a formal application to the U.S. Securities and Exchange Commission (SEC). This application will include a comprehe...
The post What’s Happening With Crypto: Bitcoin & Ethereum Price Crash! appeared first on Coinpedia Fintech News The crypto market crash has burnt the pockets of investors and traders by a significant extent. This has resulted in the market cap sinking by 6.15% to $2.64 trillion. The fall was mainly catalyzed by Donald Trump’s proposed tariffs and the global trade war. Amidst the turn of events, $714 Million was wiped out of the market. The ongoing concerns have led to traders monitoring Bitcoin’s CME gap between $77k and $81k, as BTC could potentially test these levels. Coming to the Fear & Greed Index, the metric is now cautioning fear with a score of 21. Bitcoin Price Plunges to $79k Bitcoin price has plunged by 6.40% in the past 24 hours, now changing hands at $79,898.36. This marks a significant year-to-date decline of 14.69%. However, BTC’s 24-hour trading volume has increased by 3.83% to $69.36 billion, suggesting traders buying the dip. Read our Bitcoin Pr...
The post Crypto Market Crash Today : 28th FEB – XRP News Why is Bitcoin Crashing? , Pi Network Price ,Trump Tariff appeared first on Coinpedia Fintech News February 28, 2025 13:43:37 UTC CZ’s Crypto Advice: Reduce Investments During Market Crash In a recent X post, Binance founder Changpeng Zhao (CZ) gave investment advice during the crypto market crash. CZ advised stressed traders to reduce their investments if they see crypto as an investment. He reminded them that “dips are a part of free markets” to explain the current crash. Bitcoin dropped to $78K, with altcoins experiencing even steeper declines. The current crypto market crash, with BTC dropping to $78K and altcoins losing nearly 10%, is fueled by multiple factors. Besides, Trump’s new import tariffs are increasing trade war tensions, The crypto market saw massive panic-selling, leading to $950.27 million in liquidations. February 28, 2025 13:11:46 UTC Tether CEO Says Bitcoin Will Replace All Currencies,...
