North Carolina is considering a bill to invest up to $14 billion into Bitcoin ETFs. Introduced by House Speaker Destin Hall, this bill could make the state a major player in the crypto space.
The bill has strong support from key lawmakers like Rep. Steve Ross and Rep. Mark Brody. Experts believe it has enough momentum to pass, making Bitcoin adoption at the state level a real possibility.
North Carolina joins 22 states exploring Bitcoin Reserve bills. Utah is leading the charge, while other states like North Dakota have failed. This shows growing interest in Bitcoin in U.S. policymaking.
Shiba Inu (SHIB) is nearing a golden cross, a rare and bullish technical signal. The meme coin has seen a 7.5% rise in the last 24 hours and is on the verge of a golden cross. Historically, this pattern has led to significant price increases—last time, SHIB surged 377% in March 2024. Investors are closely watching to see if this pattern sparks another rally or if it's just a temporary hype cycle.
North Carolina’s Bitcoin push and SHIB’s potential rally highlight a pivotal moment in the crypto world. Whether through government adoption or market momentum, crypto is gaining more attention. With state-backed Bitcoin reserves potentially becoming a reality and SHIB showing technical strength, the coming months could be crucial for digital asset adoption and investment strategies.