Key facts: Massachusetts lawmakers will hear Senate Bill S.1967 on October 7, proposing a state-backed Strategic Bitcoin Reserve to acquire Bitcoin and invest up to 10% of the Stabilization Fund in crypto.
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- Massachusetts lawmakers will hear Senate Bill S.1967 on October 7, proposing a state-backed Strategic Bitcoin Reserve to acquire Bitcoin and invest up to 10% of the Stabilization Fund in crypto.12
- Bitcoin's price rose 2.2% to $111,887 after surpassing $112,000. Analysts noted the daily RSI nearing oversold levels, often signaling the start of new uptrends.3
- The U.S. government has created a Digital Asset Stockpile and Strategic Bitcoin Reserve, holding about 200,000 BTC, roughly 1% of the total supply, possibly impacting market dynamics.4