CandleFocus South Dakota Seeks to Establish Bitcoin Reserve as More States Join the Trend
2025-01-29
Author: Content Editor
South Dakota is considering a bill that would add Bitcoin to its financial reserves. State Representative Logan Manhart intends to introduce the bill in the South Dakota House to create a strategic Bitcoin reserve. This move is linked to President Donald Trump's support for cryptocurrencies. Other states, including Texas, Florida, Pennsylvania, Ohio, and Arizona, have also proposed or plan to introduce similar legislation. Arizona has already approved the first stage of a Bitcoin reserve bill. Trump's administration's support for crypto adoption is expected to encourage more states and countries to follow suit. Countries like Brazil, Japan, Poland, and Russia are also exploring Bitcoin reserve strategies.
Related News
Multisig Wallet Buys 200 Million $WLFI, Raising 3-Day Purchase to $20 Million Hedera (HBAR) Stuck Below Key Resistance Amid Bearish Pressure Unicorn Fart Dust Creator Breaks Silence After $6.6M Hack The Dawn of PolicyFi Polygon (POL) Poised For 44% Price Drop, Here’s Why Binance is Facing Criminal Accusation in Spain Ethereum price will stick below $3.5K until these 3 things happen Cardano’s Plomin Hard Fork Goes Live, Ushering in On-Chain Governance SEC moves closer to decision on Canary Litecoin ETF, asks public for comments US crypto firms expand offerings as Trump takes over 3 Hidden Gem Altcoins to Watch in February DEXs Register $133.33 Billion Weekly Trading Volume As Raydium Takes the Lead BREAKING NEWS: Tesla Earnings Report Announced! Did the Company Sell Bitcoin? This Crypto Trader Bagged $840K by Creating 17,000 Meme Coins in 3 Months Toncoin price at risk of a 22% decline as burn rate falls, inflation rises Crypto Market Review: $WIF Up 34%, Fear and Greed at Neutral How DeBAN and VeChain Are Leveraging Sustainability and GenAI for a Profit-Driven Future Texas Prioritizing Bitcoin Reserve for This Year Sandboxes Are a Way Out of the Regulatory Sandstorm Chainlink’s Data Streams go live on Scroll mainnet Ross Ulbricht Reportedly Raising Funds for New Crypto Venture—VCs Take Notice From Coin-Operated Machines to Token-Operated Gaming Ethereum’s Head and Shoulders Pattern: Why $3,075 Is Critical Immutable’s IMX Eyes 60% Rally with 360% Jump in Whale Activity Major US Fund Managers Talk About Altcoins: Will They Invest in Altcoins? Upcoming Token Unlock Events: Litentry, GoGoPool, Optimism, and More Questions remain amid crypto ETF frenzy BREAKING: FED Chair Powell Talks About Bitcoin and Cryptocurrencies at Press Conference Bitcoin (BTC) Price Consolidates as Whales Number Declines to One-Year Low Ripple CTO: RWAs Are “Boring” But Crucial for Mass Adoption – Here’s Why XRP bull trap lurks below $2.95 — Will altcoin traders take the bait? HOT MOMENTS: FED Chairman Jerome Powell Holds Press Conference After Interest Rate Decision – LIVE BREAKING: FED Releases Highly Anticipated Interest Rate Decision – Here’s Bitcoin’s First Reaction Price analysis 1/29: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, LINK, AVAX, XLM Canary Capital's ETF Plans Took Shape Thanks to Trump Data Revealed: How Many of Bitcoin Investors are in Profit and How Many are in Loss? What is Bitcoin and How Does it Work? Forget About The Strategic Bitcoin Reserve For A Moment — Mining Censorship Is Back State of the art: Experiments from The Met and Hollywood Toncoin Price Correction Eyes Sub-$4 Levels as Exchange Inflow Spike What to Expect from Solana (SOL) in February 2025 Bitcoin: What Went Wrong? B3 Gaming Chain on Coinbase's Ethereum Network Base Reveals Token Plans Sei Foundation launches $65 million DeSci venture fund 'Sapien Capital' SHIB Price Prediction: Can It Surpass $0.000083 in the Next Bull Run? ChatGPT says Solana price will hit this target by Q1 2025 CME Group to Launch Options on Its Bitcoin Friday Futures in February SlisBNB explained: How Pendle and ListaDAO extend the Binance Launchpool reward program Execution platform Mevvy raises $2.8 million in seed round led by Multicoin Capital China’s DeepSeek AI Is Good for Bitcoin, Says Standard Chartered 5 Meme Coins to Watch in February 2025 AI Cryptos, Meme Coins Bleeding, Analyst Indicates 'Absolute Carnage' Fairshake's Florida Wins Likely to Amp Up List of Crypto-Supported Allies in Congress Howard Lutnick wants Tether to get an audit Major Bitcoin Leverage Warning Issued by CryptoQuant Founder Bitcoin Miner Riot Platforms Targeted by Second Activist Investor: Reuters Institutions are looking for ‘1000x’ opportunities in crypto: Coinbase Sui Network Exploit Leads to $29M Token Theft and Laundering JTO price in focus as Jito flips Solana, Tron, Ethereum in key metric Is Vine Coin Elon Musk’s next big meme crypto bet? Balchunas confirms Bonk 2x ETF possibility remains strong Trump Media partners with Charles Schwab, expands into crypto financial services Post-Trump Inauguration Cooldown: Bitcoin Stabilizes Above $100K, XRP Outperforms with 51% Gain What Are Memecoins and How Do They Work? The Tapswap airdrop is coming: will new initiatives help TAPS price? Bitcoin Cash price forecast: Is $700 next for BCH? VeChain Founder Eyes 2025 Milestones to Boost VET Ecosystem and Value XRP on Verge of All-Time-High Breakout, Bollinger Bands Signal Ethereum Price Analysis: ETH Faces ‘Moment Of Truth’ After Crash Toward $3,000 Solana ‘Still Wants Lower’ As Meme Coins Face A Major Shakeout – Analyst DeFi, smart contracts, and robot wallets will shape our world in 2025 | Opinion Venice AI Token Tops Crypto Trends After Reaching $1B Valuation Market Veteran Shares Why Market Vibe is Off Despite Bitcoin Staying Above $100K HBAR at Risk, Will It Rally 25% or Drop 35%? SHIB Price Prediction for January 29 Is Elon Musk plotting the mother of all blockchains? This Week's Data Announced: Here Are the Most Talked About and Most Trending Altcoins Other Than Bitcoin (BTC)! Bitcoin Price Analysis: BTC at a Turning Point, What’s Next After Consolidation? BlackRock buys Bitcoin for 8th day in a row; here’s how much it holds Global Bitcoin FOMO? Ex-Binance Boss CZ Just Spiced Things up Big Time Transak Now Powering Opera's MiniPay on Celo, Enhances Stablecoin Availability Bitcoin sellers wait at $104K as Fed faces Trump rates pressure at FOMC Will Bitcoin crash below $100,000 this week? Experienced Analyst Said "FED Could Take Bitcoin to a New Record!", Explained How! Cryptocurrency Attack from the German Stock Exchange! Negotiations with Institutional Investors Have Started! Here Are the Details Ex-Mt. Gox CEO Underscores Bitcoin's Crucial Role: Details Community Bets on Bitcoin for Strategic Reserve – Vinny Lingham’s Poll Shows XRP Lawsuit News: Ripple CLO Says Case Will Be Withdrawn By SEC Under Atkins in 2025 Bitwise CIO says Trump's crypto executive order could challenge the four-year cycle Ripple Price Analysis: XRP Forms Bullish Pattern, Eyeing $4 Surge XRP Surpasses Bitcoin and Solana to Lead Upbit’s Korean Won Market: Here’s Why Veiled in Dust: How Vintage Bitcoin Wallets Use Microtransfers to Test Financial Strategies Pepe Coin Whale Turns $3K To $51M With Latest 500B PEPE Dump, Here’s All India’s Crypto Tax Crackdown vs. China’s Innovation Push—Is India Falling Behind? Bitcoin Miners Power up Kentucky as Paducah’s Utility Reaps Financial Gains Pepe Coin Price Down 60% From ATH: Is PEPE Good Buy Now? US FOMC Meeting 2025 LIVE Updates: Will Federal Reserve Interest Rate Remain Unchanged This Year? Elliot Wave Predicts Cardano Price May Surge to $2 UK Economic Secretary didn’t meet a single crypto company, report Giza’s autonomous yield optimization agent ARMA goes live on the Base network Solana Meme Coin Dogwifhat Gains Double Digits Amid Las Vegas Sphere Speculation How AI Agents and Crypto Will Revolutionize Commerce Robinhood teases bitcoin futures trading in addition to oil and gold Crypto must avoid FTX 2.0 in the next bull run AI agents for gaming: Revamped NPCs are just the beginning Crypto mobile wallets hit 36M record high amid growing retail adoption Monochrome Asset Management Files for Its Third Crypto ETF 'XRP Looks Like Best Altcoin': Seasoned Trader Shares His Chart Sui launches on Phantom Wallet, expanding access to 15 million users Crypto Accounting Platform Cryptio Raises $15M in Series A Extension PENGU, SIGMA, and ME Are Now Tradable on Kraken $200,000 and $14,000 Reveals as Bull Cycle Top Targets for Bitcoin and Ethereum Respectively Arena of Faith Launches $ACP: Powering the Next Generation of MOBA Gaming Analyst revises MicroStrategy stock price target Ethereum (ETH) Supply Reaches February 2023 Highs While Price Keeps Struggling ? JUST IN! Donald Trump's Company Announces $250 Million Investment! There Are Cryptocurrencies Too! Digital Currency Group Spins Off Crypto Mining Subsidiary Fortitude From Foundry D3 Secures $25M From Paradigm To Launch Doma Blockchain dogwifhat (WIF) Outperforms Top 100 Coins With 16% Surge Ethereum’s upgrades fall short as bullish catalysts, analysts say The Return of IOTA Begins—Explore, Innovate, and Earn from 3M IOTA! SBI CEO Talks Future Plans for Ripple and Its Payment Solution Altcoins Ready to Explode? Key Indicators Point to a Massive Bull Run Paradigm, EFF Rally Behind Tornado Cash’s Roman Storm Amid Legal Battle There were always signs that Richard Heart would become a fugitive Trump-themed memecoins fuel Solana’s biggest week on Pump.fun Kazakhstan’s president calls for urgent expansion of crypto infrastructure ION Blockchain Mainnet Goes Live with 200 Validators Along with Robust Ecosystem Uniswap Stays On Course For More Gains – $12.3 Resistance In Sight MOVE Jumps 12% as Trump-Linked World Liberty Financial Buys In TON Loses Important Support And Slides To A Low Of $4.00 PEPE Analysis: Bull Trap Detected With 38% Downside Risk Bybit Expands On-Chain Assets and Trading Tools in 2025 Tangem wallet secures US patent for private key transfer tech Trump’s Executive Order to Establish Digital Asset Stockpile: Is SBR on Sight? Ethereum Faces Crucial Resistance as WLFI Adds $10 Million in ETH Cardano Set to Reclaim $1? Here’s Why This Analyst Thinks So US Fed News: Why Altcoins Are Suffering and Bitcoin Is Gaining Strength Binance BNB Struggles at $675: Is a Breakdown Looming? Why These Altcoins Are Trending Today — January 29 Stellar (XLM) Failed to Break Key Resistance: Price Levels to Watch Next Powell vs. markets: What to expect from Jerome’s speech as Fed’s two-day policy meeting ends today Coinbase adds Trump campaign manager, ex-Senator and two others to advisory council 3 Reasons Shiba Inu Price Can Recover 80% in February Solana Meme Coins Plummet By 91%, But Analysts See Signs of Massive Rebound Ripple USD (RLUSD) Stablecoin Secures Another Listing; Releases Reserves Report Gemini survey finds Gen Z leads crypto adoption, with over half of respondents saying they own digital assets Cardano Will Transition to Full Decentralized Governance After Wednesday's Hard Fork, Cardano Foundation Says Tokenization Is Reimagining How Businesses Work, Paving the Way for a Truly Decentralized Future Sony BSL launches "Soneium Conquest" for the new blockchain DeepSeek AI predicts Bitcoin price for end of 2025 Crucial Crypto Scam Warning Issued by Binance CEO Analyst Says Solana en Route to New All-Time High, Outlines Potential End-of-Cycle Surge for Bitcoin If you invested $1,000 in Nvidia when Jim Cramer said ‘it’s too early to buy,’ Here’s what you’d have now Crypto Whale ‘Ansem’ Restarts Purchasing $WIF Following a 3-Month Break Trump Stablecoin Push Raises EU Alarm Over Dollar Supremacy Ethereum Price Targets $4,000 Amid Wedge Breakout Chances XYO token soars 42% following the launch of its layer 1 blockchain GCEX Supercharges Institutional Crypto Trading with Fireblocks Alliance Hong Kong flags over 30 HashKey-branded crypto scam platforms 1,050,000 RLUSD Minted as Ripple Stablecoin Marks New Milestone Crypto industry report 2025: Key trends, insights and growth opportunities What is SAB 121, Is “The Biggest Obstacle to the Cryptocurrency World” Has Been Removed? Bloomberg Analyst Speaks Regulated RWAs marketplace INX has listed Solana (SOL), TRUMP, and MELANIA DOGE Drops Below Uptrend Line, Signaling Possible End to Five-Month Rally Bitcoin price risks 'critical' gold breakdown after 20% annual gains M2 Money Supply Approaches All-Time High, Bullish Signal for Crypto: Van Straten Cardano (ADA) Nears 30-Day Low as Whales Exit Positions DogWifHat (WIF) bounces off lows with 30% rally after buyers return Berachain App Boyco Goes Live With $2.2B in ‘Pre-Deposits’ Dogecoin Poised for 30% Surge, Analyst Predicts $0.43 Target News and Analysis on Cryptocurrencies, Blockchain and Decentralized Finance Venice AI Token Crashes 40% in 24 Hours: Will Binance Listing Help VVV Price Recovery? Stacks Bridges the Gap to Bitcoin as Strategic US Reserve Materializes Cardano Resumes Push for $1, Here Are Key Metrics to Watch Bitcoin Exchange Bithumb Temporarily Suspends Deposits and Withdrawals in This Altcoin! Here's Why Jim Cramer calls to buy Bitcoin: BTC dip soon? Civic and Gelato Integrate to Strengthen Rollups with Advanced User Verification Here’s the Level XRP Needs to Reclam to Continue Upside: Analyst Shiba Inu Price Prediction for April 2025: Analyst Insists It’s Possible Solana Price Could Surge 3.34X if It Matches Ethereum’s Market Cap The First FED Interest Rate Decision of 2025 is Expected in Bitcoin Today! What Time Will It Be Announced? Here Are the Expectations and... ONDO Climbs 15%: Is the Post-Unlock Hype Behind the Spike? Is XRP at Risk? Ripple CTO Ends Speculation About Quantum Threat Binance and Crypto.Com Lead as Centralized Exchanges Weekly Trading Volume Reach $563.61 Billion Shiba Inu Lead Teases Extremely Powerful Partnership to Impact Shibarium Projects Calm Before the Storm? BTC Stable at $102K Ahead of FOMC Meeting (Market Watch) DeepSeek AI pressures FET as it nears THIS key demand zone Hong Kong SFC grants first crypto licenses of 2025 IOTA and XRP Among Top Choices as UAE Leads the Web3 Revolution Cardano Price Prediction Today: Breakout Above $1 Soon? SBI Group Boss Endorses Next Step for Ripple Payments Bitcoin ETFs cling to $18.44m inflows as BTC awaits FOMC decision near $102k Dogwifhat (WIF) Price Prediction: Is a Reversal Incoming or More Downside Ahead? Here’s How Much XRP Ripple Chairman Larsen Has Sold So Far in 2025 Crypto Whales’ $500 Million Exodus Puts Pressure on XRP’s Price Stability Trump Memecoin Becomes Payment Option for Branded Stores Shiba Inu (SHIB): First Green Candle in 7 Days, Are Things Changing? Top Polygon dApps by Weekly Volume, Uniswap Continues to Dominate MicroStrategy’s MSTR outperforms giants like Meta, Netflix, and NVIDIA on Nasdaq 100 How the Department of Government Efficiency Is Cutting $365 Billion in Federal Spending 3 Cryptos That Could Hit New All-Time Highs in February 2025 Altcoins Surge as Bitcoin Holds Above $100K—Can SOL, $TRUMP, and XRP Keep Up? Can Dogecoin Price Rally 900% As Elon Musk’s DOGE Targets $36T US Debt? Australian Monochrome Asset Management Files for Litecoin ETF Here’s Dogecoin Price After ETF Approval if DOGE Gets 10% of Bitcoin ETF Inflows Solana (SOL) at Risk: Could More Losses Be on The Horizon? Shiba Inu Price Prediction: The Only Paths for SHIB to Reach $0.001 or $0.01 Why Is the Crypto Market Down Today? JUST IN! Binance Announces New Altcoin to List! Things are Very Different in Bitcoin from Previous Years, Analytics Company Says, Explains What’s Changed Trader Who Nailed Bitcoin Pre-Halving Correction Sees BTC Kicking Off All-Time High Parabolic Rally – Here’s When Why Is Crypto Going Down? Fake DeepSeek Tokens Affect Thousands of Traders What is Sui? A deep dive into the L1 blockchain Crypto News: South Korea to Officially Launch Virtual Asset Crime Unit Amid Rising Cases Japan’s Metaplanet Plans to Buy 21,000 Bitcoin by 2026 How Will Bitcoin and Gold Move Amid Dovish US Fed Monetary Policy Outlook? Coinbase vs. SEC: Senator Cynthia Lummis Fights Back Against Regulatory Overreach SOL Price Prediction: Will Cboe’s Solana ETF Filings Spark a Rally? Bitcoin drop under $75K before April has under 10% chance: Analyst Essential Insights to Monitor During Wednesday's 'No Change' Fed Meeting South Dakota Seeks to Establish Bitcoin Reserve as More States Join the Trend Czech National Bank Might Buy Billions of Euros Worth of Bitcoin Paradigm commits $1.25 million to aid Tornado Cash co-founder in continued legal battle Digital Rights Group EFF Calls for Roman Storm Dismissal in Tornado Cash Case DOT Struggles at $5.70 Support: Is a Polkadot Rally on the Horizon? Algorand: Why ALGO needs to flip THIS level to hit $0.60 Ex SEC Chair Gary Gensler to Return to MIT as a Professor Litecoin Network Hashrate Hits New High: What’s Next for LTC? Ethereum Adoption at New Highs: What’s Next for ETH? Utah House committee passes bill for state to buy crypto Donald Trump-Linked World Liberty Financial Accumulates $370M in Crypto Assets How scam tokens are cashing in on DeepSeek AI’s viral moment Big Breaking: Ripple CEO Reveals Talks with Trump on Making XRP Part of U.S. Strategic Reserve Bitcoin, Ethereum and Ripple volatility spikes expected on Fed rate decision Crypto mining stocks loss extend, tech stocks steady after DeepSeek scare XRP: DWP Chief Investment officer Explains What Ripple’s New York Transmitter Licenses Mean for XRP LUNC News: Reasons Behind Terra Luna Classic’s Price Slump XRP Price Surge Cools Off: Is the Uptrend Still Intact? Ethereum Reserves Hit Multi-Year Lows—Are We On The Verge Of A Bull Run? Ethereum Price Battle Persists: Can Bulls Turn It Around? XRP Price Dips 1.07 Percent After 21 EMA Rejection While Support at 2.50 Holds Analyzing Key Trends: These Coins Are Poised to Perform in the Current Rally Top Crypto Projects Enter Accumulation Zone Amid Shifting Market Dynamics Bridged $USDC Now Available on BounceBit to Support Its Ecosystem Ex SEC Chair Gary Gensler to Return to MIT as a Professor This Week’s Most Active Altcoins: User Growth You Can’t Ignore $SOL Leads Social Activity Rankings with 55.2M Impressions: More On the Top 10 Socially Dominant Projects PENGU Price Falls 26% to Record Lows, Risks Losing $1 Billion Market Cap Ethereum Hits 27-Month High with 206,290 New Wallets, Boosting Market Confidence Bitcoin Price Faces Tough Resistance: A Breakout In The Cards? Malaysia proposes blockchain identity system to curb fraud Bitcoin MPI Crossover Could Suggest Bull Run Still On LAND/USD Signals Potential Rebound Near Support Amid Bearish Trend Movement Labs founder Rushi Manche refutes insider trading allegations tied to Trump-backed World Liberty Financial Jupiter Records 50% Rise In Monthly Swaps Trading Volume in January, Reaching $173.88 Billion Anti-crypto Sen. Warren comes for pro-crypto Commerce Secretary nominee Howard Lutnick EV energy tech firm Nuvve to start buying up Bitcoin XRP Jumps 10% as Golden Cross Formation Hints at Further Gains Ethereum NFT Project Doodles Swaps CEOs After McDonald's Collab Bitcoin’s Strong Link to S&P 500 Signals Market Growth Trader Says ‘Moment of Truth’ Is Here for Ethereum (ETH), Sees Current Bitcoin Correction As Healthy for BTC Aerodrome Finance Suspends Two Accounts for Venice Token (VVV) Insider Trading Bitcoin Rejected at $109,400, Shifts Focus to $91,700 Support Ethereum's active addresses surge 37% as institutional and DeFi interest grows AI DAO ai16z Becomes ElizaOS Amid Branding Confusion Concerns Bitcoin Tests Crucial Support at $99,400 Amid Bearish Market Moves Ripple vs. SEC lawsuit vanishes from SEC website, endgame near? Here’s How US AI Giants Are Responding to DeepSeek's Disruption US Republicans name witnesses for next week’s crypto debanking hearing SUI’s 35% Crash Incoming? Bearish Pressure Mounts Solana (SOL) Price Consolidates as Whale Holdings Stay Near Record Levels DeChat to Boost AI-Led Marketing and Web3 Communication in Partnership with VitaminAI President Trump’s Navy officially bans China’s DeepSeek AI in America Is Ripple 'Undermining' Strategic Bitcoin Reserve Plans? Here’s What’s Going On TRUMP meme coin pulls in over $11M in fees for linked entities XRP Prepares for a Breakout as Key Resistance Holds at $3.20 COTI Foundation to Redefine Trading Strategies in Collaboration with Bancor Support or Hype? These Memecoins Are Testing Critical Price Levels XRP Comeback Imminent? Crucial Signal, Ethereum (ETH) Price Hanging on for Dear Life, Stellar (XLM) in Comeback Mode Whales are accumulating and most are bringing Bitcoin (BTC) to the USA $100M in Shorts Suggest Solana (SOL) May Not Cross $235: Report Fake DeepSeek Tokens Reach $60 Million In Market Cap Top Meme Coins with 100x Potential: $TRUMP, MEW, SNEK, and NPC Shine Ripple exec ‘hopeful’ next SEC chair will withdraw enforcement case Top Crypto Picks for February: Uniswap, Monero, and Bittensor Shine Dogecoin Still In Play As Price Gears Up For Another 600% Run Above $2 Can Bitwise ETF Filing Prevent Dogecoin Price from Crashing Below $0.4? Sushi acquires Shipyard to address DEX performance issues TRUMP Price Rises 10% With Market Cap Approaching $6 Billion
