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news-imageFebruary 13, 2025

New Mexico Senator Anthony Thornton files for a “Strategic Bitcoin Reserve Act”

New Mexico Senator Anthony Thornton has filed Senate Bill 275 (SB 275) dubbed the "Strategic Bitcoin Reserve Act". The bill makes New Mexico join other states that are also working to establish Bitcoin Reserves for their respective treasury departments.
Publisher: Cryptopolitan
Sentiment: Positive
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February 13, 2025

Bitcoin Unable To Break Upward As 1.6 Million BTC Resistance Wall Blocks Path

On-chain data shows the presence of a massive Bitcoin supply wall around the $97,200 level, something that could impede BTC's advances beyond the mark. Bitcoin Has Significant Resistance At Price Levels Just Ahead In a new post on X, the market intelligence platform IntoTheBlock has discussed how BTC support and resistance levels are looking from an on-chain perspective right now.

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