Arizona Moves Closer to Creating Bitcoin Reserve as Bill Passes Final Senate Vote
Arizona moved closer to establishing a bitcoin BTC reserve fund after the state's Senate voted in favor of the bill at its third reading.
Arizona's Senate passed House Bill 2324 (HB2324) in a 16-14 vote on Thursday, sending it back to House for a final decision.
The legislation would update Arizona's laws on forfeiture, allowing the state to hold abandoned digital assets as unclaimed property. It also creates a "Bitcoin and digital assets reserve fund" to manage the forfeited assets.
It follows House Bill 2749 (HB2749), enacted in April, which amended unclaimed property frameworks to integrate digital assets.
The bill is distinct from Senate Bill 1025 (SB1025), which proposed using seized funds to invest in BTC. That passed the House 31-25 before being vetoed by Governor Katie Hobbs, who referred to cryptocurrency as an "untested investment."
The only state to have completed the legislative process for creating a BTC reserve is New Hampshire. Like Arizona, a bill in Texas is also in its final stages.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
13 minutes ago
- Business Upturn
XRP Price Consolidates for 200 Days, PFMCrypto Launches XRP Mining Contract to Unlock a New Profit Model for XRP
Farington, England, June 20, 2025 (GLOBE NEWSWIRE) — What Is PFMCrypto XRP Cloud Mining? PFMCrypto cloud mining is a remote digital asset mining platform that enables users to earn cryptocurrency by renting computing power from PFMCrypto's eco-friendly, high-performance mining farms. Supporting a broad array of coins—including XRP, DOGE, BTC, LTC, SOL, etc. —PFMCrypto removes the technical and financial obstacles traditionally associated with crypto mining, making passive income more accessible than ever. Check the official website for details: Key Highlights of the XRP Cloud Mining Contract: – Strategic Launch Timing: The contract was launched during a period of XRP price consolidation, offering investors a way to profit regardless of short-term market moves. – Stable Passive Returns: PFMCrypto's new XRP contract provides fixed daily payouts with guaranteed principal return, appealing to both traders and long-term holders. – No Technical Barriers: The XRP mining model requires no hardware or maintenance—any user can participate instantly. New Profit Model: XRP Mining Meets AI Optimization PFMCrypto's AI-powered mining architecture now supports XRP-specific contracts, leveraging intelligent allocation of hash power to maximize yields while reducing risk. This model is especially timely, given that XRP has traded in a narrow band for months, signaling the perfect moment for alternative yield strategies. Rather than waiting for a price breakout, PFMCrypto users can now earn XRP daily through smart mining contracts—without buying more tokens or attempting to time the market. Why This XRP Mining Contract Stands Out? – 100% Remote Access: No rigs, no tech know-how—just log in and activate a plan. – Principal Security: Contract terms guarantee full capital return after expiration. – AI-Driven Returns: Yield optimization ensures users earn even during price stagnation. – Daily Earnings: Predictable XRP payouts improve cash flow and reduce volatility exposure. Join PFMCrypto and receive a $10 sign-up bonus to begin XRP mining immediately. PFMCrypto's CEO commented, 'We view XRP's consolidation not as stagnation, but as opportunity. Our new mining contract allows the XRP community to unlock value from this asset in a consistent, low-risk way.' Proven Mining Models for XRP Investors PFMCrypto's XRP mining contracts have already shown strong user interest across multiple tiers. Sample return rates include: 2-Day Plan: +6.0% return and $2 Bonus 5-Day Plan: +6.15% return 15-Day Plan: +20.7% return 30-Day Plan: +47.1% return These results are based on historical contract data and reflect PFMCrypto's commitment to transparency and performance. How to Start Mining XRP with PFMCrypto Sign Up: New users receive a $10 welcome bonus and $0.60 daily login rewards. Select a Contract: Choose from flexible XRP mining durations to match your investment goals. Start Earning: PFMCrypto's AI-driven engine takes care of the rest—earning begins immediately upon activation. About PFMCrypto Founded in 2018, PFMCrypto is a leading provider of AI-powered cloud mining services. With over 9.2 million users in 190+ countries, the platform has paid out more than $1 billion in crypto rewards. Its offerings span BTC, LTC, XRP, DOGE, and more—enabling secure, hardware-free mining experiences backed by top-tier infrastructure. Explore the future of XRP mining at Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Business Upturn
13 minutes ago
- Business Upturn
AIXA Miner Launches Free Cloud Mining App to Expand Global Crypto Access
Denver, CO, USA, June 20, 2025 (GLOBE NEWSWIRE) — In a strategic move to democratize digital asset mining, AIXA Miner has officially launched its free cloud mining mobile app, giving users around the globe an easy way to start earning crypto daily — no hardware, no technical knowledge required. Backed by advanced AI algorithms and powered by renewable energy, AIXA Miner's new mobile application opens the door to accessible, eco-conscious crypto income, right from your smartphone. Making Mining Easier Than Ever The new AIXA Miner app allows users to sign up and begin cloud mining Bitcoin, Ethereum, and other major cryptocurrencies within minutes. With a clean interface, multilingual support, and built-in wallet integration, the app simplifies every step of the process: Sign up for free and start mining immediately AI-managed backend optimizes mining performance Monitor earnings and contract status from your dashboard Withdraw or reinvest earnings anytime Built-in support for green-powered mining infrastructure This release marks a key milestone in AIXA Miner's mission to make digital wealth generation more inclusive, especially for individuals in regions without access to traditional finance or mining hardware. Free Entry, Real Rewards New users receive a free mining trial upon sign-up, enabling them to experience real-time crypto rewards without depositing funds. Once registered, users can choose from a variety of flexible contract plans that fit their income goals, ranging from short-term options to longer-term mining strategies. The app is compatible with Android and iOS devices and has been optimized for low data usage and secure access from anywhere in the world. Built on Clean Energy and Smart Technology AIXA Miner's infrastructure is built in regions with high renewable energy availability, significantly reducing the environmental footprint of its mining operations. Paired with AI-driven resource allocation, this approach ensures efficient, high-yield mining while aligning with 2025's global push toward sustainability. How to Get Started with the App Download the app via Register with a valid email to activate your free trial Start mining Bitcoin, Ethereum, or other supported coins Track progress with daily payout notifications Withdraw or reinvest earnings at your convenience Whether you're a newcomer to crypto or looking to expand your digital income streams, the AIXA Miner app provides a simple and transparent way to get started, with no need for complicated setups or costly equipment. AIXA Miner's 2025 Vision Founded in 2020, AIXA Miner is a U.S.-based cloud mining platform powered by renewable energy and artificial intelligence. With a presence in over 200 countries and regulatory this app launch comes amid a wave of global demand for reliable, user-friendly mining platforms that respect both the planet and the user's time. AIXA Miner is positioning itself at the intersection of AI innovation, green energy, and financial inclusion, serving users across Europe, Asia, Africa, and the Americas. For more information, visit: [ Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Business Upturn
13 minutes ago
- Business Upturn
Retail Crypto Investors Use OurCryptoMiner To Maximize Mining Rewards
Manchester, UK, June 20, 2025 (GLOBE NEWSWIRE) — You may want to know what is OurCryptoMiner Cloud Mining. Let's familiarize ourselves with this concept of cloud mining. Imagine mining cryptocurrencies like Bitcoin and Litecoin without having to buy equipment and manage mining Cloud Mining lets you do just that! By leveraging the computing power provided by remote data centers, you can participate in the exciting world of cryptocurrency mining without the need for any technical knowledge or advantages of OurCryptoMiner Cloud Mining are significant. First of all, it offers unparalleled convenience. Gone are the days of buying expensive mining equipment and grappling with complex algorithms. With OurCryptoMiner cloud mining, you can start building wealth from the comfort of your home with a simple operation at your computer or via your cell phone. This simplified approach saves you time and eliminates the hassle of constant maintenance and updates, allowing you to focus on what's important. Additionally, cloud mining can be an excellent hedge against the inflation and volatility of traditional financial markets. Cryptocurrencies have shown remarkable resilience and growth potential, making them a safe investment avenue in uncertain times. By diversifying your portfolio through cloud mining, you can increase your financial stability and earn substantial returns even during economic crises. Benefits of the OurCryptoMiner platform: Signup Bonus: After creating an account, you will receive a $12 bonus and $0.6 for signing in every day. Multiple Options: You can generate popular cryptocurrencies such as Bitcoin (BTC), Litecoin (LTC), Dogcoin (DOGE) and more. Funding Security: Adopting bank-level fund supervision and guarantee system to ensure the safety of all users' funds. We have multiple mining farms and data centers around the world, using the most advanced servers and liquid cooling technology to ensure the stability and efficiency of cloud mining. Highly flexible: you can increase or decrease the rented arithmetic power at any time according to your needs, and flexibly adjust your mining strategy. Profitable Affiliate Program: Earn up to 3% for direct referrals and 2% for secondary referrals. Easy to Manage: Users don't need to worry about the maintenance and management of the mining machine, they can earn revenue by purchasing a contract. Professional Support: OurCryptoMiner platform provides 24/7 online customer support to help you solve any problems. Choose a Contract: Browse contracts and choose the one that suits you best. Whether you are looking for short-term or long-term gains, OurCryptoMiner has the right solution for you. Each contract has a different income and a specific contract term. Enjoy the income: the system automatically starts mining after purchasing a contract. You can login to the platform at any time to check your earnings. The platform provides detailed profitability reports and real-time tracking, allowing you to see the progress of each investment anytime, anywhere. OurCryptoMiner cloud mining offers unparalleled transparency and security. About OurCryptoMiner OurCryptoMiner is a legitimate and financially regulated cloud mining company based in England. The company was founded in 2019 and has specialized Bitcoin mining facilities in more than 190 countries around the stands out in the cryptocurrency mining industry, providing financial services and a way to earn cryptocurrency to more than 3.6 million registered users worldwide. OurCryptoMiner cloud mining company puts you at the forefront of one of the most exciting financial revolutions of our time. Embrace the future of digital finance and watch your wealth grow exponentially! Are you ready to embark on this exciting journey to wealth? Choose the reputable cloud mining OurCryptoMiner, which offers a comprehensive investment program that meets your needs and goals. With their vast experience and top-notch technology, you can make this path to wealth a profitable one. For more information, please visit the official website: Corporate Email: [email protected] Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
