New Hampshire and North Dakota have taken significant steps toward embracing Bitcoin, introducing legislation to establish strategic cryptocurrency reserves. The New Hampshire bill, championed by Representative Keith Ammon, opts for the broader term “digital assets” instead of explicitly naming Bitcoin. This careful phrasing, according to Dennis Porter, CEO of the Satoshi Action Fund, aims to avoid political hurdles while clearly targeting Bitcoin. States Eye Strategic Bitcoin Reserves On the same day, North Dakota followed suit, with its bill spearheaded by Representatives Nathan Toman, Josh Christy, and Senator Jeff Barta. With 11 sponsors already on board, the North Dakota proposal appears to have strong bipartisan support. These states join Pennsylvania, which introduced similar legislation in November. Pennsylvania Representative Mike Cabell described Bitcoin as a hedge against inflation, citing economic instability as a driving factor for considering such measures. The Satoshi Action Fund has played a pivotal role in shaping these legislative efforts, highlighting the growing interest among states to diversify their treasuries with Bitcoin. Trump’s Crypto Vision Fuels Momentum The push for state-level Bitcoin reserves has gained traction against the backdrop of Donald Trump’s pro-crypto campaign promises. Throughout his presidential bid, Trump vowed to position the U.S. as a global leader in cryptocurrency and even hinted at directing the Treasury Department to amass significant Bitcoin reserves. Now, with Trump set to take office, industry leaders and policymakers alike are eager to see if these promises will materialize. Strike CEO Jack Mallers has speculated that Trump could sign an executive order on his first day in office, declaring Bitcoin a reserve asset. However, skepticism persists. Galaxy Digital founder Mike Novogratz and other observers caution against high expectations, arguing that creating a national Bitcoin reserve may face considerable regulatory and logistical challenges. On Polymarket, bettors place the likelihood of Trump establishing a Bitcoin reserve within his first 100 days at just 27%, down from 45% in November. A New Chapter for Crypto in the U.S. The introduction of Bitcoin reserve legislation in multiple states signals growing confidence in cryptocurrency as a financial safeguard. While Trump’s upcoming presidency has sparked excitement among crypto advocates, the practical implementation of such bold measures remains uncertain. Still, the combined efforts of state legislators and federal promises suggest that Bitcoin’s role in the U.S. economy may soon expand in unprecedented ways. The post New Hampshire and North Dakota Push for State Bitcoin Reserves appeared first on TheCoinrise.com .
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Bitcoin Price Stalls at $94K, Ethereum Struggles to Maintain $3.2K (Weekend Watch)
Bitcoin’s volatile end of the week resulted in a price drop toward $91,000 and a subsequent surge to $96,000 before the asset calmed roughly in the middle. The altcoins continue to struggle as SOL, ADA, and AVAX have charted 4% daily declines. BTC Calms at $94K It was nothing short of a volatile rollercoaster of a week for the primary cryptocurrency. It all started quite promising after the most recent MicroStrategy purchase on Monday, as the asset flew past $100,000 for the first time this year and kept climbing on Tuesday morning to over $102,000. However, that’s when the landscape changed, and BTC slumped hard later that day, and on Wednesday, it slumped to $96,000. Although that was a painful correction on its own, bitcoin kept plunging in the following days to $91,200 (on Bitstamp) on Thursday, which became its lowest price tag in over a month. The bulls managed to intervene at this point and pushed BTC north. More volatility ensued with several big moves that eventually pushed the asset to $96,000. However, it failed there and has lost almost two grand since then to trade at $94,000 as of now. Its market cap has risen to just under $1.870 trillion on CG, while its dominance over the alts is up to 54.5%. BTCUSD. Source: TradingView ADA, SOL Struggle Most altcoins are in the red today as well. Ethereum slipped below $3,200 on Thursday, and even though it managed to recover some ground since that low is close to breaking below it now after a 2.3% daily decline. XRP is among the few alts with minor gains today. In contrast, SOL, ADA, SUI, AVAX, and LINK continue to lose value, with losses of up to 4%. SOL is well below $190 now, while ADA is just over $0.9. More painful losses come from OM, ICP, and RNDR from the larger cap alts. The total crypto market cap has lost some steam since yesterday and is down to $3.43 trillion on CG. Cryptocurrency Market Overview. Source: QuantifyCrypto The post Bitcoin Price Stalls at $94K, Ethereum Struggles to Maintain $3.2K (Weekend Watch) appeared first on CryptoPotato . The Coin Rise
OpenAI and SUI Partnership Will Open the Door for a PropiChain 43,102% Run, Here’s Why
Sui has created market excitement after unveiling its desire to partner with OpenAI. This has increased the spotlight on Sui, just days after the token hit a new all-time high. However, many investors have more faith in Propichain, citing its power to offer streamlined profit opportunities in the housing market. Read on to see why experts prefer Propichain to Sui. Experts Celebrate Sui’s Willingness to Partner with OpenAI The founder of Mysten Labs, the development team behind Sui, has released exciting news that confirms a possible mega AI collaboration in the future. The network founder highlighted the importance of pursuing AI to AI collaborations between Sui and OpenAI. Such a partnership could provide significant momentum for Sui’s growth, making it an attractive prospect for investors. Sui currently trades at $4.71, falling by 12.29% from its all-time high of $5.35. With talks of a possible collaboration with top AI companies like OpenAI, Sui could remain a top performer, rising to $7 in early February. Propichain: Creating Technology-Backed Investing Solutions for the Housing Market Propichain is an AI altcoin ecosystem that focuses on clearing the regular blocks in the traditional housing sector. It also prioritizes lowering investment costs and streamlining investor access to quality opportunities. Propichain’s first investing solution is fractional asset ownership. This innovative ownership model allows investors to acquire stakes in housing assets instead of purchasing them whole. This increases participation opportunities for lower-budget investors, providing opportunities that would have been unavailable in the traditional housing sector. After breaking down investment barriers with its fractional asset ownership model, Propichain further enhances its offerings by providing AI-driven tools designed to boost investing efficiency. Propichain’s AI-driven tools empower investors with advanced market analysis, trend assessment, and asset valuation. This makes it easier to discover investment properties that align with your financial goals. It also allows you to easily find market opportunities that match your investing ambitions. You can also tailor property searches to focus on specific types of housing assets. For instance, you can search for investing opportunities with high ROI potential. Even better, you can enjoy higher investing efficiency provided by Propichain’s automated trading features. Investors can complete deals using buy or sell orders that are completed automatically. These trade commands are activated based on the conditions you set. For instance, you can purchase a housing asset using a buy command that is only activated when the asset’s price falls to your preferred level. This takes investor convenience to another height. Propichain seamlessly integrates AI-powered insights with its metaverse-based services, giving investors access to both advanced analysis and global housing markets—all within a single platform. Propichain exposes investors to more housing opportunities via virtual tours that empower users to check out housing assets worldwide. Propichain investors can leverage this feature to scout housing properties in distant markets, all from the comfort of their homes. For instance, using these virtual tours, a London-based realtor can explore penthouse suites in Abu Dhabi without changing their location. Propichain also ensures that trades are backed by smart contract technology that guarantees high efficiency. These smart contracts provide near-instant transactions, allowing users to complete housing deals without the delays associated with the traditional housing sector. Propichain’s smart contracts can also be used to create specialized agreements for rental and leasing transactions.This ensures a seamless P2P trading experience, maximizing transaction speed and reliability. Sui and Propichain: Which Token Offers Better Returns? As Propichain’s AI altcoin gains momentum, it is being compared to leading digital assets like Sui, a token known for its innovation in the digital asset space. Interestingly, Propichain has won over many investors with two key moves. Firstly, its BlockAudit security certification has shown investors that its ecosystem is safe for real estate transactions. Propichain has also gone live on CoinMarketCap, further fueling belief in its long-term growth potential. Some analysts now claim that $1,000 worth of PCHAIN tokens could grow to $60,000 by Q2 2024. Propichain’s Presale: What You Stand to Gain As Propichain’s innovative features like fractional ownership and AI-driven tools gain traction, investors are flocking to the ongoing presale to purchase PCHAIN at an early, advantageous price. Investors who joined Propichain at the start of its presale have now earned a 208.17% interest from PCHAIN’s entry to round two of its presale. PCHAIN now trades at $0.011. However, round three of its presale will bring 108.93% to $0.023. This growth will continue until PCHAIN reaches its official launch price of $0.032. Don’t miss your chance to join the Propichain presale and secure PCHAIN at an early, advantageous price—before its value rises again. For more information about the PropiChain Presale: Website: https://propichain.finance/ Join Community: https://linktr.ee/propichain The Coin Rise