Crypto Weekly Roundup:

Bitcoin

According to Deribit, the combined notional open interest in $BTC and Ether options listed on the platform has surged to a historic high of $20 billion.

Ethereum

$ETH is currently traversing a large upward-sloping channel, and last touched bottom around two weeks ago at a price of just over $1,500.

AltcoinsAltcoins like Injective ($INJ) and Solana ($SOL) are surfing the Bitcoin surge in order to make even better gains than the big daddy itself.

Decentralized blockchain oracle network Chainlink has announced the next big step in its staking journey by unveiling Chainlink Staking V0.2. 

Technology

The Fantom Foundation has announced the launch of testnets for its revamped tech stack, Sonic. 

Polygon Labs has announced it has deployed contracts for its next-generation cryptocurrency, POL, on the Ethereum mainnet. 

Coinbase’s layer-2 network Base has made its code repositories and smart contracts accessible to the public. 

CBDC

Spain’s central bank, Banco de España, joins a host of European banking institutions preparing its customers for the potential benefits of the EU’s CBDC – the digital euro. 

Shanghai Petroleum and Natural Gas Exchange (SHPGX) has confirmed using China's Central Bank Digital Currency (CBDC) for cross-border trade.