The Chairman of the Commodity Futures Trading Commission (CFTC) stated that the US Congress is about to pass the Cryptocurrency Market Structure Act, and the US may become a global center for Bitcoin. （The Bitcoin Historian）

[Trump Media Acquires Another 300 BTC, Total Holdings Increase to 11,542 BTC] According to Arkham monitoring, Trump Media, under Donald Trump, spent $26.88 million to purchase 300 BTC, bringing its total holdings to 11,542 BTC, valued at approximately $1.03 billion.

[Trump Media Increases Holdings by 450 Bitcoins, Total Holdings Reach 11,542 Bitcoins] According to Arkham monitoring, Trump Media, under Donald Trump, has increased its Bitcoin holdings by 450 BTC. Its current Bitcoin holdings have reached 11,542 BTC, with a total value of approximately $1.03 billion.

Behind the move is a sharp narrowing in the profitability of the basis trade, in which traders attempt to capture a spread by buying spot bitcoin while selling BTC futures. What to know : Binance has now become the largest venue for bitcoin futures open interest with roughly 125,000 BTC, or about $11.2 billion in notional value. CME bitcoin futures open interest has fallen to around 123,000 BTC, its lowest level since February 2024. Tightening spot futures spreads triggered basis trade unwinds and reduced institutional demand on CME.

[Sky Protocol Repurchased 32.3 Million SKY Last Week] Sky Protocol announced on Platform X that it used 1.9 million USDS last week to repurchase 32.3 million SKY. Since the launch of the plan, the total repurchase amount has exceeded 94 million USDS.