In an event that could lead to positive developments for the cryptocurrency market, New Hampshire’s House and Florida’s House Insurance and Banking Committee have respectively moved bills forward that would allow their states to create Bitcoin reserves.
New Hampshire’s House passed its Bitcoin reserve bill on April 10th, in a 192–179 vote, and it will now move to the Senate. On the other hand, Florida’s House Insurance and Banking Committee passed the state’s reserve bill with a unanimous vote.
This development is likely to renew interest among investors looking for the best crypto to buy now.
What Do These New Bills Contain and How Could They Impact the Crypto Economy?
New Hampshire’s House bill, HB302, has clarified that once the state’s Senate and Governor Ayotte sign it into law, the state treasurer would gain the authority to use 10% of the state’s general funds and other authorized funds to invest in precious metals as well as digital assets.
The bill also outlines how the custody of these assets will be maintained.
The fine print of the bill specifies that only cryptocurrencies with a market cap of over $500 billion will be eligible for investment — effectively narrowing it down to Bitcoin alone. At the time of writing, Bitcoin has the largest market cap at $1.6 trillion, far surpassing Ethereum, the world’s second-largest cryptocurrency, which sits at $187 billion.
On the same day, Florida’s House Insurance and Banking Committee also passed its Bitcoin reserve bill, HB487.
This bill didn’t face any contention, and three committees cleared it before it progressed to Florida’s House. The bill is similar to New Hampshire’s, with the Chief Financial Officer and the State Board of Administration gaining the authority to invest up to 10% of certain state funds into Bitcoin.
These state funds include the General Revenue Fund, the Budget Stabilization Fund, all trust funds and agency funds of each state agency, funds of any board, association, or entity created by the state constitution, and any other state fund deemed appropriate by the legislature.
Like New Hampshire’s House bill, this one also outlines how digital assets will be secured. It states that the Chief Financial Officer will hold the Bitcoin through a secure self-custody solution — either on behalf of the State of Florida by a qualified custodian or in the form of an exchange-traded product (ETP).
How would these bills impact the market? The answer to that will depend on when the bills are enacted and when the Bitcoin reserves begin operating. In the short term, these announcements have done little to move BTC’s price. It seems that the community is now more focused on where regulatory action leads, rather than reacting to announcements that have been occurring almost daily.
Best Crypto to Buy Now – Top Altcoin Picks to Capitalize on Rising Institutional Interest in Bitcoin
While there has been little to no impact from the recent news on Bitcoin’s price for now, things could change once these bills become law. As Bitcoin enters the government domain of one country, it could spark interest in other nations still on the fence about crypto. This could trigger a chain reaction, potentially lifting the entire cryptocurrency market.
For now, however, the following ICOs could be considered the top picks to invest in.
BTC Bull
The hope among the broader cryptocurrency community is that the regulatory interest Bitcoin has been receiving will eventually push it into a bull run. However, low-cap investors may not be able to capitalize on those gains.
That’s where BTC Bull steps in with its unique approach of blending meme coin appeal with a bullish narrative around Bitcoin. The mascot headlining this project is a strong and muscular bull, creating an ambiance of bullishness around Bitcoin. However, that’s not why BTC Bull stands out from its peers.
The unique factors of this meme coin emerge from its tokenomics. BTC Bull has a total supply similar to Bitcoin — but in a meme-fied format. The second factor is its milestone system. BTC Bull does not have a traditional social or technical roadmap, as it does not aim for long-term utility.
Instead, it connects its fundamentals — such as token burns and Bitcoin airdrops — directly to Bitcoin’s growth. The milestone campaign will continue until Bitcoin reaches $250K. Beyond that, BTC Bull will rely on community interest to sustain itself. While some long-term perks could emerge, BTC Bull currently does not advertise any.
It’s this honesty that could make BTC Bull the best crypto to buy now. While there are no long-term perks involved, in the short term, this project could grow in value drastically, given the current market conditions.
SUBBD
While meme coins have their place, one should not ignore what progressive crypto regulations could mean for utility-driven tokens. The emergence of better and more diverse use cases could significantly strengthen the cryptocurrency market.
SUBBD has entered the space with such novel ideas and aims to create an ecosystem that supports both content creators and their fans. It is a decentralized content creation platform that addresses the current pain points of centralized platforms by introducing crypto payments as the norm, delivering AI-driven administrative tools, and offering a gamified ecosystem to redefine the standard fan–creator relationship.
With an audience of over 250 million across all social platforms, SUBBD is in the process of onboarding over 2,000 top-earning creators. Referred to as “honeys,” these creators present their content — including images and videos — through a highly optimized UI that also includes AI tools to create influencers and fulfill custom requests.
Unlike traditional platforms like Fansly and OnlyFans, SUBBD has adopted a gamified system based on XP multipliers, credits, and more. Earning these points gives fans exclusive access to never-seen-before content. SUBBD has also developed a simplified Telegram bot that enhances personalized content creation and sharing.
SUBBD may be straightforward and utility-centric in its approach, but the utility it offers — combined with the popularity of its featured models (“honeys”) — has allowed it to raise over $145 million in a very short time.
She’s got brains, beauty, and better onboarding than half of Web3.UX is clean, fast, and yes… I helped design it.Creator dashboards. AI chat. Fan experiences with actual taste.Darling, we don’t do MVPs here – only glow-ups.xoxo,Your SUBBD girl 💻💄 pic.twitter.com/KCTG7ryzNA
— SUBBD (@SUBBDofficial) April 5, 2025
The project has already gained a strong foothold on social media, with over 125K followers on Twitter. Its posts are consistently receiving high engagement.
Best Wallet Token
As Bitcoin builds momentum, new use cases may emerge — and that could lead to a wave of new investors looking to buy and store Bitcoin. Best Wallet, with its multi-chain capabilities, could be considered one of the best new options to buy, sell, and store BTC.
Best Wallet is a decentralized ecosystem powered by the Best Wallet Token. While it is primarily designed as a wallet, its features extend beyond basic storage. Users gain access to staking perks, early investment opportunities, portfolio management tools, and even the ability to interact with select partner casinos.
Best Wallet’s security features are also one of its standout attributes, primarily due to its integration with FireBlocks. FireBlocks is a recognized heavyweight in crypto security, and it removes the typical “passphrase” requirement — allowing users to interact with Best Wallet using only a username and password.
Best Wallet is part of a growing decentralized ecosystem, powered by its native token. As a result, the wallet is set to evolve over time, adding new features that are not yet listed. Some tools — such as portfolio management and market insights analysis — are already under development.
Best Wallet also understands the importance of educating investors. That’s why it has launched its own YouTube channel, offering tutorials on topics like how to open a wallet and even explaining the basics of Bitcoin.
As for the token itself, many YouTubers — including Cilinix Crypto — have highlighted its profit potential. Known for his informed skepticism toward crypto presales, Cilinix Crypto has called Best Wallet the presale he trusts the most.
Summary
The Bitcoin reserve bills gaining ground in Florida and New Hampshire highlight a joint effort by regulatory bodies and cryptocurrency enthusiasts to push Bitcoin beyond being just a speculative asset. This could inspire broader confidence in the cryptocurrency market and contribute to its overall growth.
However, since Bitcoin is a high-cap asset, it may remain out of reach for some investors. That means those looking for the next best cryptocurrency with explosive potential should consider exploring crypto ICOs.
The three options listed here show immense promise. BTC Bull rides the wave of speculation that could drive short-term gains. In the case of SUBBD and Best Wallet, however, utility stands at the front and center — potentially setting the stage for long-term growth for investors.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.