BlackRock's IBIT buys Bitcoin, Solana founder presents scenarios, Texas Senate passes Bitcoin reserve bill

From Investing.com
March 07, 2025 3:30:22 pm:

BlackRock’s Inflation-Balanced Income Total Return Fund (IBIT) recently made its first Bitcoin purchase in seven days, indicating a growing interest in the cryptocurrency among institutional investors.

The founder of Solana, Anatoly Yakovenko, presented three major scenarios for the US Strategic Reserve, highlighting the importance of preparedness in the face of potential economic crises.

The Texas Senate has passed a Bitcoin reserve bill, signaling a positive step towards mainstream acceptance and adoption of cryptocurrencies in the state. This move could have significant implications for the future of digital assets in Texas and beyond.

Read more at Investing.com: BlackRock’s IBIT Makes First BTC Purchase in 7 Days, Solana Founder Presents 3 Major Scenarios for US Strategic Reserve, Texas Senate Passes Bitcoin Reserve Bill: Crypto News Digest by U.Today