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.
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.
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.
JPMorgan to Enable BTC Purchases for Clients
JPMorgan Chase has announced it will allow clients to purchase Bitcoin, although CEO Jamie Dimon remains a Bitcoin skeptic.
Bitcoin Sees Highest Weekly Close
Bitcoin nearly reached another all-time high, trading above $106,000 during early Asian hours on Monday.
Metaplanet Adds 1,271 Bitcoins to Reserves
Metaplanet has bolstered its Bitcoin holdings by acquiring 1,241 BTC, valued at approximately $126.7 million, demonstrating the company’s confidence in Bitcoin’s long-term potential.
Texas Senate Advances Bill Aimed at Creating a Bitcoin Reserve
The Texas legislature has advanced groundbreaking cryptocurrency legislation with Senate Bill 21, which would establish an official state Bitcoin reserve.
