Texas Just Backed Bitcoin: Best Crypto to Buy as States Embrace $BTC Reserves
Texas has become the first US state to allocate public funds for Bitcoin, with Governor Greg Abbott signing Senate Bill 21 to establish the Texas Strategic Bitcoin Reserve. This move aims to enhance the state's financial stability and serve as a hedge against inflation. Texas is the third state to create a Bitcoin reserve, following Arizona and New Hampshire, but the only one to use public funds. The initiative is expected to boost Bitcoin demand. Several new cryptocurrencies are highlighted as potential investments, including BTC Bull Token ($BTCBULL), which offers rewards tied to Bitcoin's price milestones; Bitcoin Hyper ($HYPER), which aims to improve Bitcoin's scalability; and Tutorial ($TUT), an AI tool for educating users about crypto. The growing acceptance of state-backed crypto holdings signals a shift towards diversified crypto assets as investment opportunities.
