Bitcoin ETFs Extend Inflow Streak With $589 Million Inflow as
Bitcoin Pepe price outlook as Arizona lawmakers advance crypto reserve bill
(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )
- Bitcoin Pepe seeks to integrate Bitcoin’s security with the scalability of platforms like Solana.
- The ongoing BPEP presale has raised over $15.5 million to date, and the token is currently priced at around 0.0416.
- As per the team, the BPEP token is to be listed on MEXC and BitMart.
Bitcoin extended its recovery on Wednesday, rising to $106,000 as easing geopolitical tensions, rising expectations of Federal Reserve rate cuts, and continued regulatory momentum helped lift sentiment across the cryptocurrency market.
The broader digital asset space moved higher alongside Bitcoin, with total market capitalisation increasing 1% over the past 24 hours to $3.26 trillion.
Risk appetite improved notably after President Donald Trump announced a full ceasefire between Israel and Iran, temporarily ending the 12-day conflict and calming markets.
Amid this rebound, a key regulatory signal emerged from the United States, with the state of Arizona passing a crypto reserve bill.
Regulatory clarity continues to be viewed as a critical driver for broader adoption, particularly among infrastructure-focused and early-stage projects.
One such project is Bitcoin Pepe, whose presale has continued to attract significant investor interest as momentum builds.
Arizona passes crypto reserve bill
Arizona’s House of Representatives has approved legislation to establish a state-managed reserve fund for seized digital assets, marking another step in the state’s evolving crypto policy framework.
The bill, designated HB 2324, passed the House in a 34–22 vote on Tuesday, following Senate approval last week by a 16–14 margin.
The measure now heads to Governor Katie Hobbs for consideration. A previous version of the bill had failed during a final House reading in May.
HB 2324 would authorize the State Treasurer to create and manage a Bitcoin and Digital Assets Reserve Fund to oversee cryptocurrencies acquired through criminal forfeiture.
The fund would be empowered to invest, reinvest, and divest in crypto assets or exchange-traded funds that include digital assets.
If enacted, the bill would represent Arizona’s second law focused on crypto reserves.
In May, the state passed HB 2749, which deals with unclaimed digital assets presumed abandoned.
HB 2324 complements that effort by targeting forfeited assets.
Arizona is also reviewing additional legislation related to crypto security, digital asset kiosks, and payment systems.
Bitcoin Pepe’s price outlook
Growing regulatory clarity in the United States is expected to improve visibility across the altcoin and meme coin landscape, potentially reshaping investor sentiment toward projects with tangible utility.
As oversight increases, market dynamics may shift away from speculative momentum plays toward initiatives that blend cultural relevance with technical substance.
Bitcoin Pepe is positioning itself within this emerging category.
Unlike many meme tokens that trade purely on hype, the project combines infrastructure development with viral appeal.
Marketed as a Layer 2 solution, Bitcoin Pepe aims to integrate Bitcoin’s base-layer security with the scalability of platforms like Solana—an approach that sets it apart from most meme coins.
This infrastructure-oriented strategy appears to be resonating with investors: the presale has already raised over $15.5 million.
Exchange listings on MEXC and BitMart have been confirmed, and an additional listing announcement is expected on June 30, further fueling investor interest as the presale nears completion.