This update highlights several major Bitcoin-related developments:
1. U.S. Bitcoin Reserve Plan – The U.S. aims to hold 25% of its reserves in Bitcoin by 2035, using seized funds and budget-neutral strategies. This suggests long-term institutional confidence in Bitcoin.
2. Texas May Hold Bitcoin – Texas could be the first U.S. state to officially hold Bitcoin if legislation is approved. This signals state-level adoption of BTC as a reserve asset.
3. Spain’s BBVA Enters Bitcoin Trading – BBVA, one of Spain's largest banks, is now offering Bitcoin trading, marking a big step in traditional finance adoption of crypto.
4. Utah’s Blockchain Bill – Utah passed a blockchain bill but excluded Bitcoin reserves, showing diverging state and federal policies on crypto.
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