According to Gordon (@AltcoinGordon), North Carolina has introduced a new Bitcoin reserve bill that permits the state treasurer to allocate up to 10% of public funds into Bitcoin. This legislative move could significantly impact Bitcoin's demand and price, given the substantial volume of public funds involved.

According to Crypto Rover, Iowa has introduced a bill that may permit the state treasurer to invest in Bitcoin and other cryptocurrencies. This potential investment could involve deploying up to $45 billion into the crypto markets, which could have significant impacts on market dynamics and valuations.