Arizona is moving closer to creating a crypto-backed reserve as the state's Strategic Digital Assets Reserve Bill (SB 1373) advances, despite veto threats from the Governor over unrelated funding disputes.
Cryptocurrency markets continued to move sideways on Friday, with Bitcoin price stagnation below $85,000, leading to traders hesitating to enter larger altcoin positions. Regarding news, fresh developments around ETFs, cryptocurrency regulations and adoption dominate media discourse.
The cryptocurrency sector valuation is hovering around the $2.7 trillion mark on Thursday. While Bitcoin price clings to the $85,000 level, DeFi protocols and layer-1 altcoins appear to be attracting the most traction on the day