Texas has tabled House Bill 4258, which suggests placing up to $250 million from the economic stabilization fund into Bitcoin and other virtual currencies. Senate Bill 778, intended to incorporate cryptocurrency in the state's financial framework and already received bipartisan backing in the Senate, has come first. HB 4258 varies because it lets counties and municipalities invest as much as $10 million in cryptocurrencies and is scheduled to become effective on September 1, 2025, if passed.
Texas is positioning itself strategically as a Bitcoin adoption leader, leveraging its distinctive economic environment, most notably the Texas Triangle, to fuel digital asset innovation. The state's initiative is part of a larger national movement, with several states investigating similar digital asset models.
These advances point to expanding cryptocurrency acceptance at the state level, possibly driving future federal policies or projects, like the creation of a federal Bitcoin reserve. Approval in the House is pending for the passing of SB 21, creating the Texas Strategic Bitcoin Reserve, and hopes to make Texas the first digital asset reserve state.


FxWirePro- Major Crypto levels and bias summary
Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K
Bitcoin Defies Gravity Above $93K Despite Missing Retail FOMO – ETF Inflows Return & Whales Accumulate: Buy the Dip to $100K
Ethereum Refuses to Stay Below $3,000 – $3,600 Next?
Bitcoin Bounces Hard: $87,592 Hit as Bulls Defend $80K – Next Stop $100K If $92K Breaks
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook
Ethereum Ignites: Fusaka Upgrade Unleashes 9× Scalability as ETH Holds Strong Above $3,100 – Bull Run Reloaded
Bitcoin Smashes $93K as Institutions Pile In – $100K Next?
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U.S. Productivity Growth Widens Lead Over Other Advanced Economies, Says Goldman Sachs 



