🔸The Texas Senate recently passed Senate Bill 21 (SB 21), which is a legislative proposal aimed at establishing a Strategic Bitcoin Reserve for Texas. 🚀
🔸Once approved it allows the state of Texas to purchase and hold Bitcoin, with provisions allowing future inclusion of other high-market-cap cryptocurrencies should they surpass the $500 billion market capitalization threshold. 🚀
🔸IMO, in the long term, this is extremely bullish news for crypto. Taking into consideration current market capitalization, the other high-market-cap cryptocurrencies that are likely to be included in the future are Ethereum, XRP and Cardano, once their market caps have surpassed $500 billion. 🚀
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Recent developments in Crypto:
🔸The Texas Senate recently passed Senate Bill 21 (SB 21), which is a legislative proposal aimed at establishing a Strategic Bitcoin Reserve for Texas. 🚀
🔸Once approved it allows the state of Texas to purchase and hold Bitcoin, with provisions allowing future inclusion of other high-market-cap cryptocurrencies should they surpass the $500 billion market capitalization threshold. 🚀
🔸IMO, in the long term, this is extremely bullish news for crypto. Taking into consideration current market capitalization, the other high-market-cap cryptocurrencies that are likely to be included in the future are Ethereum, XRP and Cardano, once their market caps have surpassed $500 billion. 🚀
#KeepMovingForward
#GottaKeepOnHODLing
#AltseasonJustAroundTheCorner