ETH Futures Open Interest Hits $71 Billion
Open interest in Ethereum futures on exchanges reached an all-time high of $71 billion, signaling increasing trader activity and leveraged exposure.
Metaplanet Boosts Bitcoin Holdings
Metaplanet purchased 103 BTC worth $11.7 million, raising its total holdings to 18,991 BTC valued at $1.95 billion.
Pavel Durov Comments on French Investigation
TON founder Pavel Durov said French authorities have found no evidence since his arrest in August 2024, calling the investigation “unprecedented” and “absurd,” indicating the case is stalling.
Bitcoin Dominance Breaks Major Trendline After 32 Months
Bitcoin dominance broke a two-year eight-month trendline, setting the stage for a true altseason with significant capital rotation into altcoins.
Solana Treasury Fundraising Efforts
Galaxy Digital, Jump Crypto, and Multicoin are jointly seeking $1 billion to acquire Solana tokens through a public company takeover, with Cantor Fitzgerald as lead banker.
Philippines Proposes 10,000 BTC Strategic Reserve
The Philippine government proposed holding a 10,000 BTC ($1.12 billion) strategic reserve locked for 20 years, emphasizing long-term crypto confidence.
XAI Files Suit Against Elon Musk
Gaming blockchain firm XAI sued Elon Musk over trademark infringement and unfair competition after Musk’s xAI entered gaming, causing brand confusion. The lawsuit demands cancellation of Musk’s trademark filings, damages, and prohibition on using “xAI” in gaming/blockchain.
Strategy Adds Over 3,000 BTC
Strategy increased its Bitcoin holdings by 3,081 BTC, now holding a total of 632,457 BTC worth $46.5 billion.
Goldman Sachs Acquires $194M in Bitcoin
Goldman Sachs purchased $194 million worth of Bitcoin, further signaling institutional interest.
UAE Holds $700M in Bitcoin via Citadel
The UAE’s Citadel, majority-owned by the royal group, holds Bitcoin valued at around 2.57 billion AED (approximately $700 million), reflecting growing Middle East crypto adoption.
