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The close of last week coughed up some rather unpleasant news for Bitcoin (and crypto) supporters.
Arizona’s governor, Katie Hobbs, announced her decision to veto Senate Bill 1025, also known as the ‘Arizona Strategic Bitcoin Reserve Act.’ SB1025 would have allowed Arizona’s treasurers and public retirement funds to invest up to 10% of state funds into $BTC and other crypto assets.
Keep reading to learn more about Arizona’s Bitcoin problem. We’ll also discuss another potential bottleneck crypto is currently facing.
Do stick around until the end because we’ll list the best presales you can invest in now to safeguard yourself against the prevalent turbulent weather in crypto. Arizona Rejects Bitcoin Reserve Proposal
Governor Hobbs clearly mentioned the reasons for her decision to veto the bill. The Arizona State Retirement System is one of the strongest in the nation because it makes sound and informed investments. Arizonians’ retirement funds are not the place for the state to try untested investments like virtual currency. – Arizona Governor Katie Hobbs
With this, Arizona has become the sixth US state to stop a Bitcoin reserve in its tracks. The other five are Montana, North Dakota, South Dakota, Wyoming, and Pennsylvania. Senate Democrats Urged to Withhold Support from Stablecoin Bill
In the late hours of Saturday, nine pro-crypto Democrats shockingly took a U-turn and said that they won’t support the US Senate’s stablecoin bill in its current form. Two major reasons for this reversal have come to light: Senate Democrats want more and better provisions national security and anti-money laundering. Senator Elizabeth Warren, who’s a known crypto critic, reportedly expressed concerns about passing this legislation at a time when there are allegations of conflicts of interest on Trump, given his family’s crypto dealings.
However, the bill hasn’t been binned, to say the least. Arizona Senator Ruben Gallego took to X to say, ‘This isn’t some reversal out of nowhere by Dems.’
The current sentiment among both Republicans and Democrats is that the bill can be reworked and then passed.
With uncertainty around crypto’s adoption and growth, it could be wise to ditch riskier tokens and buy into crypto presales.
These are tokens that haven’t yet been listed on exchanges, which is why they’re immune to the market’s fluctuations. To help you get started, here are the best cryptos currently in presale. 1. BTC Bull Token ($BTCBULL) – Best Bitcoin-Themed Altcoin Currently on Presale
If you believe that, despite all the challenges, Bitcoin will soar and create new highs in the coming months, then BTC Bull Token ($BTCBULL) is the perfect new crypto for you.
That’s because it’s the first-ever and only token whose holders will get free (and real) $BTC as part of the airdrops. This is how BTC Bull Token’s Bitcoin airdrops work: An airdrop will occur every time $BTC touches a milestone price for the first time. This includes $150K, $200K, $250K, and so on. All you have to do to be eligible for your share of $BTC is buy and hold $BTCBULL tokens in Best Wallet.
If following Bitcoin’s coattails through free $BTC giveaways wasn’t smart enough, the developers of BTC Bull Token have also decided to burn a part of the total token supply at regular intervals, i.e., when $BTC reaches $125K, $150K, $175K, etc.
Doing so will jack up $BTCBULL’s demand and ensure it remains one of the top trending cryptos. So, in addition to free $BTC, early investors in BTC Bull Token will also benefit from an increase in the token’s price.
In fact, our $BTCBULL price prediction suggests that the token could gain nearly 400% and reach $0.0096 by the end of 2026.
Grab every single percent of its upward spike by buying BTC Bull Token now for just $0.002495 each. The project is in presale and has raised over $5.3M. 2. SUBBD Token ($SUBBD) – Top New Presale Revolutionizing the Online Creator Industry
SUBBD Token ($SUBBD) is a utility-based crypto currently in presale that we believe is comparatively less affected by $BTC’s immediate uncertainty. This makes it an excellent buy if you’re looking for fundamentally strong tokens.
That’s because $SUBBD derives its value from offering a revolutionary shift to the $85B online digital content industry.
Simply put, SUBBD is the first-ever crypto subscription platform that integrates powerful AI tools built to upscale and automate how content is created and managed.
Creators on SUBBD will be able to use AI image, voice, and video generators to create more and better content with less effort, giving them more time to interact with their fans.
Speaking of fans, they can use $SUBBD tokens to subscribe to their favorite creators on SUBBD and access their exclusive content. What’s more, $SUBBD token holders will also get discounts on content and subscriptions on SUBBD, as well as governance rights.
The latter means they’ll be able to vote on decisions such as platform features, creator onboarding, AI creators, and more.
Finally, you can also stake your $SUBBD tokens. This will fetch you a decent 20% fixed APY, but the real benefits of staking include access to exclusive creator livestreams, in-house content from SUBBD’s top talent, and daily BTS drops.
The SUBBD Token presale is less than a month old, and it has already raised over $326K. You can become an early investor in the project for just $0.055325 per token. And here’s a guide on how to buy it. 3. Bitcoin Pepe ($BPEP) – Exciting New Crypto Project Aiming to Create Debut Bitcoin L2
Bitcoin Pepe ($BPEP) claims to be the first-ever meme-based ICO on the Bitcoin network.
Essentially, the developers of this project want to blend Bitcoin’s liquidity and Solana’s speed, scalability, and low fees to create a revolutionary meme coin trading experience on Bitcoin, i.e., the world’s biggest blockchain.
Currently, all the best meme coins are traded on other blockchains, like Ethereum and Solana.
Bitcoin Pepe is annoyed by this and wants to offer crypto degens an equally world-class and lively meme coin hub on Bitcoin itself.
$BPEP is currently in presale, where it has raised over $6.25M at the time of writing.
Each token is selling for just $0.031, but hurry up because the price will increase 5% every 72 hours until the presale ends. Final Thoughts
Remember that just because a presale isn’t affected by the larger crypto market’s uncertainty and volatility, that doesn’t make it a good purchase.
After all, once it’s listed on exchanges, the token will only rally if it can attract hype and, therefore, investors. This is why you must only select the best presales, like the ones in this guide.
Still, returns are not guaranteed because the market is unpredictable. Do your own research and due diligence before investing.