Recap News:
1. Pennsylvania and Florida Consider Bitcoin Reserves: Both states are exploring Bitcoin as a strategic reserve, with Pennsylvania introducing a bill to add BTC to its balance sheet, and Florida considering creating a Bitcoin reserve.
2. Binance Launches Usual (USUAL) on Launchpool: Binance unveiled Usual (USUAL), a decentralized fiat-backed stablecoin issuer. Users can earn USUAL tokens by staking BNB and FDUSD, enhancing community engagement.
3. NYSE Arca Seeks to List Bitwise 10 Crypto Index Fund: NYSE Arca filed with the SEC to list the Bitwise 10 Crypto Index Fund, highlighting rising institutional interest in regulated crypto ETFs.
4. Tether Issues 7 Billion USDT in One Week: Tether released 7 billion USDT, adding liquidity to the crypto market, which may impact trading and asset valuations, especially on platforms like Binance.
5. Bitcoin Contract Holdings Reach $56 Billion Across Exchanges: BTC contract holdings on all exchanges hit a record $56 billion, marking a new high in market activity and interest.