On Saturday, Texas became the first-ever US state to commit public funds towards the purchase of Bitcoin.<\/p>\n
Governor Greg Abbott signed Senate Bill 21 (SB21)<\/a>, officially authorizing the establishment of the Texas Strategic Bitcoin Reserve.<\/p>\n Keep reading to learn more about this development, increasing investor and government confidence in Bitcoin\u2019s long-term potential, and what\u2019s the best crypto to buy now<\/a> in order to ride the upcoming crypto wave.<\/p>\n \u2018We can buy land, we can buy gold; I think the state of Texas should have the option of evaluating the best performing asset over the last 10 years.\u2019<\/p>\n This is what the Texas Bitcoin bill\u2019s author, State Senator Charles Schwertner, said in February<\/a>.<\/p>\n Four months later, Texas has put its faith in the \u2018digital gold\u2019 to strengthen its financials and act as an effective hedge against inflation.<\/p>\n It\u2019s worth noting that although Texas is the third US state to create a Bitcoin reserve (after Arizona and New Hampshire), it\u2019s the first to create a publicly-funded reserve.<\/p>\n Neither of the other two has allocated public funds for the purchase of Bitcoin.<\/p>\n By putting actual taxpayer dollars into $BTC, Texas has not only officially recognized Bitcoin as a store of value but also signaled its unwavering trust and long-term commitment to the digital asset.<\/p>\n A publicly-funded reserve is also likely to increase demand for Bitcoin. It\u2019s also worth mentioning that large public companies like Michael Saylor\u2019s Strategy have aggressively bought Bitcoin over the past few months.<\/p>\n With here are some of the best new cryptos<\/a> you can buy to benefit from Bitcoin\u2019s growing acceptance among corporations and government agencies.<\/p>\n BTC Bull Token ($BTCBULL)<\/a><\/strong> is the best crypto to invest in<\/a> if you want to eke out the maximum amount of returns possible from Bitcoin\u2019s bull run.<\/p>\n $BTCBULL\u2019s biggest selling point is that it\u2019s the ONLY crypto on the market right now, offering free (and completely legit) $BTC to its token holders.<\/p>\n If you\u2019re a $BTCBULL holder who has stored his tokens in Best Wallet<\/a><\/strong>, you\u2019ll receive your share of free $BTC (depending on your $BTCBULL holdings) every time the king cryptocurrency reaches a landmark, such as $150K and $200K, for the first time.<\/p>\n\n Thanks to its never-before-seen approach to rallying behind Bitcoin and community rewards, BTC Bull Token is predicted to explode 270% and reach $0.0096 by 2026<\/a>.<\/p>\n A huge reason behind this is the project\u2019s deflationary model, which will burn a part of the total $BTCBULL token supply at regular intervals, creating a supply shortage and hiking prices.<\/p>\n The best part? $BTCBULL is currently in presale, where it has raised over $7.2M. Each token is priced at $0.002575, and here\u2019s\u00a0how\u00a0to\u00a0buy\u00a0it<\/a>.<\/p>\n Despite being the OG blockchain, Bitcoin has been struggling with slow transaction speeds and high fees, as well as limited compatibility with decentralized applications and Web3. Enter Bitcoin Hyper ($HYPER)<\/a><\/strong>.<\/p>\n\n By building a Bitcoin Layer 2 and connecting it to the Layer 1 using a Canonical Bridge and Solana Virtual Machine (SVM) integration, Bitcoin Hyper aims to bring programmability and scalability to the Bitcoin ecosystem.<\/p>\n Plus, it will do so without impacting the network\u2019s security and decentralization benefits.<\/p>\n Here\u2019s how it works:<\/p>\n You send $BTC through the Canonical Bridge, which converts it into wrapped $BTC on the L2. Luckily for you, one $HYPER is currently available for just $0.011975 (the token could soar 2,000% by 2030<\/a>), and the project has in total raised over $1.5M. Here\u2019s\u00a0how\u00a0to\u00a0buy\u00a0it<\/a>.<\/p>\n Tutorial ($TUT) has been one of the biggest beneficiaries of crypto\u2019s growth and increasing awareness among the masses.<\/p>\n That\u2019s because it\u2019s an AI-powered tool that educates people about different crypto-related topics and tools, including setting up a crypto wallet<\/a>.<\/p>\n\n Other \u2018tutorials\u2019 in its repertoire include teaching people how to write smart contracts, trade on the best decentralized exchanges<\/a>, and learn everything there is to know about the BNB chain ecosystem.<\/p>\n $TUT has been on a sensational run of late, gaining more than 25% over just the past 7 days<\/a>. It\u2019s currently trading at $0.03583, offering a discounted entry point before it explodes to mimic crypto\u2019s rise.<\/p>\nTexas Passes Groundbreaking Bitcoin Reserve Bill<\/h2>\n
1. BTC Bull Token ($BTCBULL) \u2013 Best Crypto to Buy Now, Get Free $BTC Airdrops<\/h2>\n
2. Bitcoin Hyper ($HYPER) \u2013 Building Layer 2 on Bitcoin for Scalability & Fast Transactions<\/h2>\n
\nYou can use wrapped $BTC to access high-speed DeFi apps, pay for transactions on the L2, etc.
\nWhen you\u2019re done, just raise a withdrawal request on the L2 network. It will again use a smart contract to verify the transaction and convert wrapped $BTC back to original $BTC.<\/p>\n3. Tutorial ($TUT) \u2013 Educating Folks About Everything Crypto<\/h2>\n
As States Back $BTC, Altcoins Emerge as Attractive Investments<\/h2>\n