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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
New Hampshire Rep. Keith Ammon has proposed a bill allowing the state Treasury to invest public funds in digital assets and precious metals, aiming to protect against inflation and align with the state's "Live Free or Die" ethos. The bill would cap investments at 10% of public funds, currently allowing only Bitcoin, and includes provisions for lending or staking digital assets. Meanwhile, other states are also considering similar Bitcoin reserve proposals, reflecting a growing trend in U.S. economic strategy.
Bitcoin's price has recently dipped below $95,000 after a brief surge past $100,000, amid concerns over the U.S. Department of Justice's authorization to sell 69,370 BTC seized from the Silk Road case, valued at over $6.58 billion. The potential market impact of this sale could exacerbate existing selling pressure, reminiscent of a previous incident where a German state’s sale led to a significant price drop. While the upcoming administration may adopt a crypto-friendly stance, the timing and method of the DOJ's liquidation remain critical factors for Bitcoin's price stability.
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20:25 10.01.2025
19:00 09.01.2025
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