Bitcoin options open interest extends dominance over futures, damping BTC volatility

A list of amendments — some of them far afield — is circulating for the planned markup hearing of the crypto market structure bill.

Bitcoin climbed above $96,000 for the first time since November, triggering over $500 million in liquidations as altcoins outperformed and traders rushed to cover bearish bets.

Upon completion, the combined firm would hold nearly 13,000 BTC, surpassing the holdings of Tesla and Trump Media & Technology Group.

The crypto industry contends that Wall Street giants stood behind community banks to undercut digital competitors before they could get a major legislative win.

The largest cryptocurrency is now facing a key "resistance" zone at $93,500-$95,000, which has capped its price for nearly two months.

The study suggests that Ethereum's role in financial systems makes its token economics a concern for regulators, who may need to consider safeguards for its use in regulated finance.