Below are the three best news stories over the past day that U.Today presented to you.
Ibit from Blackrock Buy Bitcoin I in seven days
In a recent step, Blackrock, leading asset manager, Bought bitcoinReflecting a series of six -day external flows in the Bitcoin market ETF. For all data from Farside Investors, IBIT from Blackrock recorded $ 38.9 million in bitcoin flows, preventing the ETF market from trying a third consecutive day from cumulative flows. It is worth noting that the Asset Manager purchase spa follows its latest discharge with a value of $ 1.252 billion in Bitcoin in the last seven days of trading. The asset manager has performed huge sale of BTC, which reached hundreds of millions for five consecutive days, which is the highest of 418.1 million dollars. Before registering a zero flow, the minimum registered for the external flow was $ 78 million. Analysts believe that this development is a positive change in the ETF market, as it may reduce fears among institutional investors who stem from the direction of recent external flows.
Solana founder offers three main scenarios for the American strategic reserve
yesterdayMarch 6, founder of Solana Anatoli Yakovnko Take to the X platform To share his point of view on what the American strategic reserve should appear, as it offers three possible scenarios. This position appeared before the first encryption summit in the White House, which was scheduled to happen today, March 7. First, there should be no reserves at all, because the government responsible for decentralization will lead to failure, as Yakovinko believes. Second, each state can create its own reserves, which will serve as a hedge against any mistakes of the Federal Reserve. Third, if there should be a reserve, it must be based on measurable criteria, whatever it is. There was speculation circulating within the encryption community that Solana could become part of the strategic reserve; However, Yakovenko explained that he was never contacted in this matter.
The Senate in Texas passes the bitcoin reserve bill
It also became known Yesterday, the Senate in Texas Agree Bitcoin Strategic Bill (SBR). The draft law (SB21) was passed in a vote 25-5. This comes after several other states have rejected similar bills in the quick caliphate, indicating the unique willingness of Texas to embrace encryption. According to Senator Charles Chounerner, Bitcoin has proven “the most preferred due to limited supply and adaptation ability.” On the contrary, Senator Roland Guterres, one of the opponents of the bill, criticized the main assets of being very volatile and unorganized. On February 12, SB21 states that the reserve will be funded from credits and revenues as well as donations, and does not specify any specific investment limit. It allows investment in bitcoin or Altcoin, which is $ 600 billion at least. Now that the Senate approved, the draft law is heading to the House of Representatives, where the committee is expected to be held by May 24, where more than 20 other states are already proposing its SBR bills.
