Record Bitcoin Open Interest Hits $80B—A Double-Edged Sword for Markets
Bitcoin futures open interest (OI) has skyrocketed to an unprecedented $80 billion, highlighting a surge in leveraged trading as speculators bet on further price gains.
Kraken Disrupts Finance with Tokenized Stocks for Global Traders
Teaming up with Backed, the exchange will use Solana for its unmatched speed and ecosystem, reinforcing crypto’s role in modern finance.
Texas Poised to Pass Bitcoin Reserve Legislation
Texas is on the brink of becoming the third state to set up a strategic Bitcoin reserve, according to Lee Bratcher, the founder and president of the Texas Blockchain Council.
South Korea Enhances Crypto Regulations in Advance of Institutional Entry
South Korea is tightening its regulations on digital asset transactions as it prepares for institutional players to enter the crypto market.
BTC Surpasses $110,000 for First Time in History
For the first time, Bitcoin has broken the $110,000 barrier, achieving a 3% rise in just one day and surpassing prior price peaks from earlier this year.
Won-Based Stablecoin Proposal by South Korea’s Democratic Leader Targets Capital Outflows
Lee Jae-myung, leader of South Korea’s Democratic Party, has recommended creating a stablecoin tied to the Korean won to tackle capital outflows and reinforce national financial sovereignty.
SEC Holds Off on Decisions for DOGE and XRP ETF Proposals
The US Securities and Exchange Commission on Tuesday postponed its decision on cryptocurrency ETFs linked to XRP and Dogecoin.
