scalpingstrategy
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How do you approach scalping? Share your setups, process, and risk management tips. Create a post with #ScalpingStrategy to unlock a share of 10,000 USDC!
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Scalping is a fast-paced trading style focused on profiting from small price movements within minutes. It requires quick decision-making, precise execution, and effective risk management to succeed in this high-frequency environment.
💬 How do you approach scalping? Share your process, setups, or how you manage risk during fast-paced trades.
👉 Complete daily tasks on Task Center to earn Binance Points:
• Create a post using #ScalpingStrategy or the $BTC cashtag
• Share your Trader’s Profile,
• Or share a trade using the widget to earn 5 points!
(Tap the “+” on the Binance App homepage and select Task Center)
Activity Period: 2025-06-22 06:00 (UTC) to 2025-06-23 06:00 (UTC)
Rewards are first-come, first-served, so don’t forget to claim your points daily!
🚨 Trader’s League Season 2 is live: Create a post with the Trade Sharing widget and #TradersLeague to unlock extra rewards!
👉 Full T&Cs here
👉 Explore Trader’s League
💬 How do you approach scalping? Share your process, setups, or how you manage risk during fast-paced trades.
👉 Complete daily tasks on Task Center to earn Binance Points:
• Create a post using #ScalpingStrategy or the $BTC cashtag
• Share your Trader’s Profile,
• Or share a trade using the widget to earn 5 points!
(Tap the “+” on the Binance App homepage and select Task Center)
Activity Period: 2025-06-22 06:00 (UTC) to 2025-06-23 06:00 (UTC)
Rewards are first-come, first-served, so don’t forget to claim your points daily!
🚨 Trader’s League Season 2 is live: Create a post with the Trade Sharing widget and #TradersLeague to unlock extra rewards!
👉 Full T&Cs here
👉 Explore Trader’s League
✅$ETH *Open Short Signal*
📊 *Coin:* $ETH /USDT
⏳ *Entry*: 2056 – 2060
🎯 *Targets:*
1️⃣ 2035
2️⃣ 2010
3️⃣ 1980
4️⃣ 1950
🛑 *Stop Loss (SL)*: 2130
⚡ *Leverage*: Cross 100X -
Analysis: Cr_Adn7Pro
📌 *Note:* Use proper risk management – don’t over-leverage
#Ethereum #FutureTradingSignals #crypto # #ScalpingStrategy #binance
📊 *Coin:* $ETH /USDT
⏳ *Entry*: 2056 – 2060
🎯 *Targets:*
1️⃣ 2035
2️⃣ 2010
3️⃣ 1980
4️⃣ 1950
🛑 *Stop Loss (SL)*: 2130
⚡ *Leverage*: Cross 100X -
Analysis: Cr_Adn7Pro
📌 *Note:* Use proper risk management – don’t over-leverage
#Ethereum #FutureTradingSignals #crypto # #ScalpingStrategy #binance
⚡ $SOL LONG SCALP: CATCHING THE BOUNCE! 🌊🚀
$SOL is showing signs of a relief rally at these levels—a perfect window for a quick Long scalp opportunity! While the macro outlook remains heavily Bearish, the local structure is primed for a brief upward correction. 🕯️📈✨
📊 EXECUTION STRATEGY:
Entry Zone: $84.20 – $84.60 🎯
Stop Loss: $82.70 🛑
Take Profit Targets: $85.50 | $86.50 | $88.00 💰💎
⚠️ PRO TIP:
Since the overall market sentiment is still down, always use a trailing stop loss once in profit to protect your gains! 🛡️📉🔔 Don't get greedy—trade smart and exit fast. 🏹💨🌀
#CRYPTO_SAIFUL 🛡️
#TradingSignal #ScalpingStrategy #CryptoUpdate #Iran'sNewSupremeLeader
$SOL is showing signs of a relief rally at these levels—a perfect window for a quick Long scalp opportunity! While the macro outlook remains heavily Bearish, the local structure is primed for a brief upward correction. 🕯️📈✨
📊 EXECUTION STRATEGY:
Entry Zone: $84.20 – $84.60 🎯
Stop Loss: $82.70 🛑
Take Profit Targets: $85.50 | $86.50 | $88.00 💰💎
⚠️ PRO TIP:
Since the overall market sentiment is still down, always use a trailing stop loss once in profit to protect your gains! 🛡️📉🔔 Don't get greedy—trade smart and exit fast. 🏹💨🌀
#CRYPTO_SAIFUL 🛡️
#TradingSignal #ScalpingStrategy #CryptoUpdate #Iran'sNewSupremeLeader
🔥 TOP GAINERS UPDATE: IS IT TOO LATE TO BUY $RESOLV?
Market is currently mixed, while $RESOLV and $DENT are absolutely exploding today, up over 25% each.
OPPORTUNITY: $RESOLV is currently hitting local resistance. For those looking for a quick scalp, look for a "retest" of the 15-minute EMA 21 before entering.
Again DON'T CHASE THE GREEN CANDLES - wait for the cool down! 📊
PS: ALWAYS USE A STOP-LOSS
#write2earn🌐💹 #RESOLV #AltcoinSeason 10xCrypto HiddenGems BullRun2025 CryptoPicks #ScalpingStrategy #BinanceSquare
Market is currently mixed, while $RESOLV and $DENT are absolutely exploding today, up over 25% each.
OPPORTUNITY: $RESOLV is currently hitting local resistance. For those looking for a quick scalp, look for a "retest" of the 15-minute EMA 21 before entering.
Again DON'T CHASE THE GREEN CANDLES - wait for the cool down! 📊
PS: ALWAYS USE A STOP-LOSS
#write2earn🌐💹 #RESOLV #AltcoinSeason 10xCrypto HiddenGems BullRun2025 CryptoPicks #ScalpingStrategy #BinanceSquare
🚨 Buy the Dip or Wait? The AI Wave is Coming! 🤖🌊
While some are scared of the -6% drop in $FET
, smart scalpers see an OPPORTUNITY! 🏹
📉 Current Price: $0.1619
📊 Market Context: Bitcoin is stabilizing at $67,650. This is usually the moment when Altcoins start their engine.
My Quick Play:
I'm watching the support levels on the 15m chart. AI is the strongest narrative in 2026, and these red candles are just fuel for the next leg up. 🚀
Don't chase the green candles, buy the red ones! 🔴➡️🟢
Are you jumping in now or waiting for $0.15? Let me know your entry price! 👇
#BinanceSquare #fet.ai #DayTrading #CryptoAlerts #ScalpingStrategy
$BTC
While some are scared of the -6% drop in $FET
, smart scalpers see an OPPORTUNITY! 🏹
📉 Current Price: $0.1619
📊 Market Context: Bitcoin is stabilizing at $67,650. This is usually the moment when Altcoins start their engine.
My Quick Play:
I'm watching the support levels on the 15m chart. AI is the strongest narrative in 2026, and these red candles are just fuel for the next leg up. 🚀
Don't chase the green candles, buy the red ones! 🔴➡️🟢
Are you jumping in now or waiting for $0.15? Let me know your entry price! 👇
#BinanceSquare #fet.ai #DayTrading #CryptoAlerts #ScalpingStrategy
$BTC
🚀 BTC Reclaims $72K: Strategic Scalp Analysis (1:3 RR) 📊
Fellow Traders! Bitcoin has just staged a massive +6.26% daily recovery, breaking through key psychological levels to hit $72,344. While the momentum looks unstoppable, a professional trader always looks at the "True" data before jumping in.
🌐 Fundamental Pulse: The Contrarian Rally
The Sentiment Gap: Despite the price surge, the Crypto Fear & Greed Index is still hovering between 10 to 29 (Extreme Fear). This creates a "contrarian" setup where the market climbs a "wall of worry".Macro Driver: Escalating tensions in the Middle East have prompted a flight to quality, with investors moving capital into Gold and Bitcoin as "Digital Gold".Institutional Milestone: Today, Kraken’s banking arm became the first crypto firm to secure a Federal Reserve payments account, marking a historic step for institutional integration.
📊 Technical Scalp Setup: BTC/USDT $BTC (1:3 Ratio)
On the daily chart, BTC is holding well above the MA(7) at $68,658 and the MA(25) at $67,902. However, we are approaching a heavy resistance zone at $72,800.
For a safe and honest scalp, we will wait for a minor retest of support to ensure a high-probability entry.
Trade Direction: LONG (Trend Following) 🟢Entry Zone: $72,200 – $72,350 (Wait for consolidation above $72k)Stop Loss (SL): $71,800 (Risk: $400 - $550 per BTC)$BTC Target 1 (TP1): $72,800 (Key Resistance)Target 2 (TP2): $73,400 (Mid-target)Target 3 (TP3): $74,000 (Final 1:3 RR Target)
🛡️ Professional Risk Management:$BTC
Strict 1:3 Ratio: We are risking a small portion to capture a 3x move. If the trade hits SL, we lose only what we planned; if it hits TP3, we gain 3x our risk.Avoid Over-Leverage: In a market driven by geopolitical news, high leverage can be dangerous. I recommend 10x to 20x for experienced scalpers.The "Fake Breakout" Rule: If BTC touches $74,000 but fails to hold and drops below $72,000 quickly, exit all longs immediately, as this could be a trap for late buyers.Analysis by: Cr_Adn7Pro #BTC #Binance #CryptoAnalysis #ScalpingStrategy #1to3Ratio #RiskManagement
🌐 Fundamental Pulse: The Contrarian Rally
The Sentiment Gap: Despite the price surge, the Crypto Fear & Greed Index is still hovering between 10 to 29 (Extreme Fear). This creates a "contrarian" setup where the market climbs a "wall of worry".Macro Driver: Escalating tensions in the Middle East have prompted a flight to quality, with investors moving capital into Gold and Bitcoin as "Digital Gold".Institutional Milestone: Today, Kraken’s banking arm became the first crypto firm to secure a Federal Reserve payments account, marking a historic step for institutional integration.
📊 Technical Scalp Setup: BTC/USDT $BTC (1:3 Ratio)
On the daily chart, BTC is holding well above the MA(7) at $68,658 and the MA(25) at $67,902. However, we are approaching a heavy resistance zone at $72,800.
For a safe and honest scalp, we will wait for a minor retest of support to ensure a high-probability entry.
Trade Direction: LONG (Trend Following) 🟢Entry Zone: $72,200 – $72,350 (Wait for consolidation above $72k)Stop Loss (SL): $71,800 (Risk: $400 - $550 per BTC)$BTC Target 1 (TP1): $72,800 (Key Resistance)Target 2 (TP2): $73,400 (Mid-target)Target 3 (TP3): $74,000 (Final 1:3 RR Target)
🛡️ Professional Risk Management:$BTC
Strict 1:3 Ratio: We are risking a small portion to capture a 3x move. If the trade hits SL, we lose only what we planned; if it hits TP3, we gain 3x our risk.Avoid Over-Leverage: In a market driven by geopolitical news, high leverage can be dangerous. I recommend 10x to 20x for experienced scalpers.The "Fake Breakout" Rule: If BTC touches $74,000 but fails to hold and drops below $72,000 quickly, exit all longs immediately, as this could be a trap for late buyers.Analysis by: Cr_Adn7Pro #BTC #Binance #CryptoAnalysis #ScalpingStrategy #1to3Ratio #RiskManagement
⚡️ Weekend Scalp Report:$ETH Strategy (1:3 RR) 🚀
The market is showing interesting volatility on the 15-minute timeframe. Based on current price action and technical indicators, here are the two best setups for a high-probability scalp.
2. Ethereum $ETH (ETH/USDT) – LONG Setup 🟢
Unlike BTC, ETH is showing more resilience and is currently trading above its MA(7) and MA(25) on the 15m chart, suggesting a potential bounce.
Trade Direction: LONG$ETH Entry Zone: $1,955 – $1,960Stop Loss (SL): $1,940Take Profit (TP): $2,015Target: Breakout above the recent local high of $1,984.
🛡 Risk Management Tips for My Followers:
Leverage: I am using 20x, but please adjust according to your own risk appetite.Ratio: Both trades are structured at a 1:3 Risk-to-Reward ratio. This means we are aiming for 3x the profit for every 1x we risk.Disclaimer: Crypto markets are highly volatile. This is for educational purposes and not financial advice. Always DYOR (Do Your Own Research).Analysis by: Cr_Adn7Pro #BTC #ETH #TradingSignals #BinanceSquare #ScalpingStrategy #FutureTarding
2. Ethereum $ETH (ETH/USDT) – LONG Setup 🟢
Unlike BTC, ETH is showing more resilience and is currently trading above its MA(7) and MA(25) on the 15m chart, suggesting a potential bounce.
Trade Direction: LONG$ETH Entry Zone: $1,955 – $1,960Stop Loss (SL): $1,940Take Profit (TP): $2,015Target: Breakout above the recent local high of $1,984.
🛡 Risk Management Tips for My Followers:
Leverage: I am using 20x, but please adjust according to your own risk appetite.Ratio: Both trades are structured at a 1:3 Risk-to-Reward ratio. This means we are aiming for 3x the profit for every 1x we risk.Disclaimer: Crypto markets are highly volatile. This is for educational purposes and not financial advice. Always DYOR (Do Your Own Research).Analysis by: Cr_Adn7Pro #BTC #ETH #TradingSignals #BinanceSquare #ScalpingStrategy #FutureTarding
Hello Friend's 💞💞💞
Scalping Strategy
Looking to catch quick profits in the market? Scalping might be your edge!
What is Scalping?
It’s a trading style focused on small, fast trades — in and out within minutes. Perfect for volatile markets like crypto and forex.
🛠️ Key Elements:
High volume, low risk
1-5 minute timeframes
Tight stop-losses
Strong focus on technical indicators (like RSI, EMA, VWAP)
Discipline and fast decision-making
Pro Tip: Only trade when the market has momentum — avoid chop!
Follow me for more tips and real-time setups. Let’s scalp smarter, not harder.
#ScalpingStrategy
Scalping Strategy
Looking to catch quick profits in the market? Scalping might be your edge!
What is Scalping?
It’s a trading style focused on small, fast trades — in and out within minutes. Perfect for volatile markets like crypto and forex.
🛠️ Key Elements:
High volume, low risk
1-5 minute timeframes
Tight stop-losses
Strong focus on technical indicators (like RSI, EMA, VWAP)
Discipline and fast decision-making
Pro Tip: Only trade when the market has momentum — avoid chop!
Follow me for more tips and real-time setups. Let’s scalp smarter, not harder.
#ScalpingStrategy
How to seize the opportunity of rapid rise within 15 minutes - Day Trader's Guide
What if you could buy a currency before it moves by 3-5% - instead of chasing it?
This is not luck, but a precise and fast method that focuses on momentum.
What if you could buy a currency before it moves by 3-5% - instead of chasing it?
This is not luck, but a precise and fast method that focuses on momentum.
#ScalpingStrategy
⚡ #ScalpingStrategy – Speed. Precision. Discipline. 🎯
I’m in and out in minutes. No time for second guesses.
✅ High volume
✅ Tight spreads
✅ Fast execution
Scalping isn't gambling — it's calculated chaos.
1% gains stacked smart = big wins over time.
How fast do you trade?
#CryptoScalping #DayTrading #TradeSmart #BinanceSquare #CryptoStrategy
⚡ #ScalpingStrategy – Speed. Precision. Discipline. 🎯
I’m in and out in minutes. No time for second guesses.
✅ High volume
✅ Tight spreads
✅ Fast execution
Scalping isn't gambling — it's calculated chaos.
1% gains stacked smart = big wins over time.
How fast do you trade?
#CryptoScalping #DayTrading #TradeSmart #BinanceSquare #CryptoStrategy
#ScalpingStrategy Scalping is a fast-paced trading style focused on profiting from small price movements within minutes. It requires quick decision-making, precise execution, and effective risk management to succeed in this high-frequency environment.
💬 How do you approach scalping? Share your process, setups, or how you manage risk during fast-paced trades.
👉 Complete daily tasks on Task Center to earn Binance Points:
• Create a post using #ScalpingStrategy or the $BTC cashtag
• Share your Trader’s Profile,
• Or share a trade using the widget to earn 5 points!
(Tap the “+” on the Binance App homepage and select Task Center)
Activity Period: 2025-06-22 06:00 (UTC) to 2025-06-23 06:00 (UTC)
Rewards are first-come, first-served, so don’t forget to claim your points daily!
🚨 Trader’s League Season 2 is live: Create a post with the Trade Sharing widget and #TradersLeague to unlock extra rewards!
👉 Full T&Cs here
👉 Explore Trader’s League
💬 How do you approach scalping? Share your process, setups, or how you manage risk during fast-paced trades.
👉 Complete daily tasks on Task Center to earn Binance Points:
• Create a post using #ScalpingStrategy or the $BTC cashtag
• Share your Trader’s Profile,
• Or share a trade using the widget to earn 5 points!
(Tap the “+” on the Binance App homepage and select Task Center)
Activity Period: 2025-06-22 06:00 (UTC) to 2025-06-23 06:00 (UTC)
Rewards are first-come, first-served, so don’t forget to claim your points daily!
🚨 Trader’s League Season 2 is live: Create a post with the Trade Sharing widget and #TradersLeague to unlock extra rewards!
👉 Full T&Cs here
👉 Explore Trader’s League
DOGEUSDT
Perp
16X
Opening Long
Unrealized PNL
-385.57USDT
#ScalpingStrategy Scalping is a fast-paced trading style focused on profiting from small price movements within minutes. It requires quick decision-making, precise execution, and effective risk management to succeed in this high-frequency environment.
💬 How do you approach scalping? Share your process, setups, or how you manage risk during fast-paced trades.
💬 How do you approach scalping? Share your process, setups, or how you manage risk during fast-paced trades.
#ScalpingStrategy
🔥💸 Futures Funding Fee Exposed on Binance! 🧨😱
📉 “Where did my profits vanish?!” Woke up to less than you expected? You're not alone — the dreaded funding fee struck again! 😈💥
But let’s be clear:
🕵️♂️ **Binance isn't keeping your money!**
➡️ This deduction isn't a platform fee — it's a trader-vs-trader exchange, paid every 8 hours (e.g., 00:00, 08:00, 16:00 UTC).
🎢 **Why fees spike:**
1. When long positions dominate → longs pay shorts.
2. Futures drift from spot price → soaring premium fees.
3. Hype coins (like $PEPE, $SUI, $TAO) = unpredictable fee rollercoaster.
⚠️ Trader Alert:
Holding large positions across funding rounds? That's a PnL killer.
You might profit on paper, but funding fees can erode real gains.
🧠 **Pro Trader Survival Kit:**
✅ Always check the current funding rate before entering.
✅ Avoid oversized bets on volatile tokens.
✅ Scalp and exit before each funding interval.
✅ If funding’s against you, consider flipping position—only with solid TA.
✅ Or go contrarian: position yourself to earn funding.
🎯 Funding fees can either eat your profits or become a growth engine—learn the rules, adapt, and level up your futures game!
💬 Been burned by funding fees — or nailed it? Share your story below. Let’s grow together 🙌
#Write2Earn #ScalpingStrategy #MarketPullback #IsraelIranConflict #MyTradingStyle
🔥💸 Futures Funding Fee Exposed on Binance! 🧨😱
📉 “Where did my profits vanish?!” Woke up to less than you expected? You're not alone — the dreaded funding fee struck again! 😈💥
But let’s be clear:
🕵️♂️ **Binance isn't keeping your money!**
➡️ This deduction isn't a platform fee — it's a trader-vs-trader exchange, paid every 8 hours (e.g., 00:00, 08:00, 16:00 UTC).
🎢 **Why fees spike:**
1. When long positions dominate → longs pay shorts.
2. Futures drift from spot price → soaring premium fees.
3. Hype coins (like $PEPE, $SUI, $TAO) = unpredictable fee rollercoaster.
⚠️ Trader Alert:
Holding large positions across funding rounds? That's a PnL killer.
You might profit on paper, but funding fees can erode real gains.
🧠 **Pro Trader Survival Kit:**
✅ Always check the current funding rate before entering.
✅ Avoid oversized bets on volatile tokens.
✅ Scalp and exit before each funding interval.
✅ If funding’s against you, consider flipping position—only with solid TA.
✅ Or go contrarian: position yourself to earn funding.
🎯 Funding fees can either eat your profits or become a growth engine—learn the rules, adapt, and level up your futures game!
💬 Been burned by funding fees — or nailed it? Share your story below. Let’s grow together 🙌
#Write2Earn #ScalpingStrategy #MarketPullback #IsraelIranConflict #MyTradingStyle
#ScalpingStrategy XSuperApp is an all-in-one digital platform designed to integrate multiple services into a single user experience. It combines messaging, payments, shopping, social media, and more within one application. Inspired by successful models like WeChat, XSuperApp aims to simplify daily tasks by offering seamless access to various features without switching between apps. Users can chat with friends, pay bills, book services, and manage finances—all in one place. This level of integration improves convenience, saves time, and enhances digital efficiency. As super apps grow in popularity, XSuperApp stands out with its user-friendly interface and wide range of services tailored for modern lifestyles.
#ScalpingStrategy Scalping is a fast-paced trading style that focuses on profiting from small price movements within minutes. It requires quick decision making, accurate execution, and effective risk management to succeed in this high-frequency trading environment.
#ScalpingStrategy 66Brothers
It feels like the bull market is coming to an end
The weekly chart is about to break down
My $BNB is starting to lose money
Is it still necessary to hold on?
It feels like the bull market is coming to an end
The weekly chart is about to break down
My $BNB is starting to lose money
Is it still necessary to hold on?
#ScalpingStrategy is a fast-paced trading style focused on profiting from small price movements within minutes. It requires quick decision-making, precise execution, and effective risk management to succeed in this high-frequency environment.
💬 How do you approach scalping? Share your process, setups, or how you manage risk during fast-paced trades.
👉 Complete daily tasks on Task Center to earn Binance Points:
• Create a post using #ScalpingStrategy or the $BTC cashtag
• Share your Trader’s Profile,
• Or share a trade using the widget to earn 5 points!
(Tap the “+” on the Binance App homepage and select Task Center)
Activity Period: 2025-06-22 06:00 (UTC) to 2025-06-23 06:00 (UTC)
Rewards are first-come, first-served, so don’t forget to claim your points daily!
🚨 Trader’s League Season 2 is live: Create a post with the Trade Sharing widget and #TradersLeague to unlock extra rewards!
👉 Full T&Cs here
👉 Explore Trader’s League
💬 How do you approach scalping? Share your process, setups, or how you manage risk during fast-paced trades.
👉 Complete daily tasks on Task Center to earn Binance Points:
• Create a post using #ScalpingStrategy or the $BTC cashtag
• Share your Trader’s Profile,
• Or share a trade using the widget to earn 5 points!
(Tap the “+” on the Binance App homepage and select Task Center)
Activity Period: 2025-06-22 06:00 (UTC) to 2025-06-23 06:00 (UTC)
Rewards are first-come, first-served, so don’t forget to claim your points daily!
🚨 Trader’s League Season 2 is live: Create a post with the Trade Sharing widget and #TradersLeague to unlock extra rewards!
👉 Full T&Cs here
👉 Explore Trader’s League
To All Traders,
Today is not just another day on the charts—it's another chance to prove your resilience, your discipline, and your unwavering belief in yourself.
There will be losses, setbacks, and moments when doubt creeps in. But remember, every candle tells a story. Every dip is a test. Every rise, a reward for your patience.
You're not just chasing profits—you're mastering yourself. You're building courage in the face of uncertainty and strength in times of fear.
Stay focused. Stay grounded. Trade with purpose, not emotion. Protect your capital, guard your mindset, and never forget why you started.
The market doesn’t owe you anything—but your future self is watching. Make them proud.
Trade safe. Be brave. Keep going.
#ScalpingStrategy
Today is not just another day on the charts—it's another chance to prove your resilience, your discipline, and your unwavering belief in yourself.
There will be losses, setbacks, and moments when doubt creeps in. But remember, every candle tells a story. Every dip is a test. Every rise, a reward for your patience.
You're not just chasing profits—you're mastering yourself. You're building courage in the face of uncertainty and strength in times of fear.
Stay focused. Stay grounded. Trade with purpose, not emotion. Protect your capital, guard your mindset, and never forget why you started.
The market doesn’t owe you anything—but your future self is watching. Make them proud.
Trade safe. Be brave. Keep going.
#ScalpingStrategy
Today's PNL
2025-06-22
-$0
-5.93%
#BTCbelow100k Governor of Texas signed a law that adds Bitcoin to the official reserves.
#MarketPullback
Texas becomes the first state in the U.S. to allocate public funds to an independent Bitcoin reserve, with the aim of treating BTC as a long-term strategic asset.
Texas Governor Greg Abbott has signed Senate Bill 21 (SB21), which officially authorizes the creation of the Texas Strategic Bitcoin Reserve, a state-managed fund that will hold Bitcoin as part of the state's long-term financial assets.
The newly created reserve operates independently of Texas's general treasury system and aims to strengthen the state's financial resilience while serving as a potential hedge against inflation, according to the text of the bill.
Moreover, only assets with a market capitalization exceeding USD 500 billion can be included, a threshold currently met only by Bitcoin (BTC).
The fund will be managed by the Texas Comptroller of Public Accounts and will be overseen by an advisory committee made up of three cryptocurrency investment professionals.
#IsraelIranConflict #ScalpingStrategy #SaylorBTCPurchase
$ETH
$BNB
#MarketPullback
Texas becomes the first state in the U.S. to allocate public funds to an independent Bitcoin reserve, with the aim of treating BTC as a long-term strategic asset.
Texas Governor Greg Abbott has signed Senate Bill 21 (SB21), which officially authorizes the creation of the Texas Strategic Bitcoin Reserve, a state-managed fund that will hold Bitcoin as part of the state's long-term financial assets.
The newly created reserve operates independently of Texas's general treasury system and aims to strengthen the state's financial resilience while serving as a potential hedge against inflation, according to the text of the bill.
Moreover, only assets with a market capitalization exceeding USD 500 billion can be included, a threshold currently met only by Bitcoin (BTC).
The fund will be managed by the Texas Comptroller of Public Accounts and will be overseen by an advisory committee made up of three cryptocurrency investment professionals.
#IsraelIranConflict #ScalpingStrategy #SaylorBTCPurchase
$ETH
$BNB
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