Texas

Texas

Videos

Mark Cuban says Bitcoin failed as a hedge

Billionaire Mark Cuban sold most of his bitcoin after the asset failed to hold up during the Iran conflict. The longtime crypto advocate had argued for years that bitcoin was "a better version of gold than gold" — but during this latest geopolitical shock, gold rallied and bitcoin dropped. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Mark Cuban says Bitcoin failed as a hedge

Finance

Galaxy Digital stock rises 4% after Texas grid operator approves data center expansion

The expansion supports Galaxy's AI and high-performance computing plans, with construction underway on the first phase.

Data center servers

Policy

Texas Ready for $10M Bitcoin Purchase After Governor Signs Bill for State Reserve

The Lone Star State appears as if it will be the first in the U.S. to hold bitcoin.

Austin

Policy

Connecticut's Ban Throws Water on 2025 Trend of States Setting Up Crypto Investments

The Connecticut legislature has barred that state's government from setting up the kind of digital assets reserves seen forming elsewhere in the U.S.

Connecticut General Assembly (Najlah Feanny/Getty Images)

Policy

Texas Moves Closer to Setting Up Strategic Bitcoin Reserve as Bill Passes House

The House voted in favor of Senate Bill 121 which would establish a "Texas Strategic Bitcoin Reserve for the purpose of investing in cryptocurrency"

Austin, Texas (Mitchell Kmetz/Unsplash)

Markets

Bitcoin Mining Startup Sangha Sees $42M Revenue as It Breaks Ground on West Texas Pilot Project

The firm expects its 19.9 MW bitcoin mine to be running by the end of July.

The Sangha Renewables team (Credit: Sangha)

Policy

U.S. Congressman Pitches Crypto ATMs for Federal Government Buildings

Texas Republican Lance Gooden suggested to the agency that runs office space that installing ATMs will help align the government with Trump's crypto push.

Crypto ATM (Jesse Hamilton/CoinDesk)

Policy

Texas Surges in U.S. States' Race to Put Public Funds Into Crypto

Texas' bitcoin strategic reserve bill clears its senate, while New Hampshire marks a committee win and Utah teeters on a deadline this week.

Austin

Policy

Utah One Vote Away, But Some States Fail to Break Through on Crypto Stakes

Five states' crypto efforts faltered as Texas advances and Utah nears a final vote, leaving the state-level push for digital asset reserves with mixed results.

Texas state senate's Business and Commerce Committee

Markets

Bitcoin Miner GDA Expands West Texas Facilities With 50 MW Deployment

Genesis Digital Assets is a private bitcoin miner that claims to have one of the largest hashrate capacities in the world.

Bitcoin mining rigs (Image credit: Eliza Gkritsi/CoinDesk)