Trump's victory has ushered in explosive growth in the Bitcoin derivatives market. The volume of futures open interest has soared like a rocket, breaking through the $60 billion mark in one fell swoop, and the previous concerns about a pullback have instantly dissipated. During the same period, BTC and ETH option contracts completed their expiration and delivery, with considerable nominal values of $9.4 billion and $1.45 billion respectively, among which the Put/Call Ratio has become the focus of the market.
Miner MARA spent $615 million to "stock up" Bitcoin, and its holdings increased to 34,794 BTC, far ahead of other public miners. The market value of BlackRock's Bitcoin ETF holdings has risen sharply, successfully breaking through $48 billion, demonstrating the preference of institutional investors for it. The Trump family's DeFi project WLFI successfully achieved its sales target after receiving a $30 million investment from TRON DAO.
Musk and Trump's joint efforts to cause a storm, coupled with the rampant spread of false information, the European Federation of Journalists decisively withdrew from the X platform. Solana co-founder revealed that due to stricter regulation, crypto startups with a valuation of about $250 billion have withdrawn from the Bay Area. Standard Chartered Bank predicts that the use of stablecoins is expected to reach 10% of the total US M2 and foreign exchange transactions. Ethereum co-founder Jeffrey Wilcke deposited 20,000 ETH with Kraken.
OKX successfully entered the Belgian market, launched products and services that meet local needs, and continued to expand its European compliance business. Hong Kong Chief Executive John Lee actively promoted the green bond roadmap to lay a solid foundation and escort for the application of blockchain technology. South Korea's Financial Services Commission (FSC) strictly guards against virtual assets becoming loopholes in the anti-money laundering system. Ethereum's market value has steadily increased to 13.12%, consolidating its core position in the crypto market. Coinbase responded to the doubts about not supporting the Celo Layer 2 upgrade, emphasizing its key function of focusing on building a bridge for the crypto economy.