In December 2013, the People’s Bank of China made it clear they did not want banks touching Bitcoin because it was not backed by any nation or central authority.Mt. Gox said at the time the attacks had become frustratingly common. “Attackers wait until the price of Bitcoins reaches a certain value, sell, destabilize the exchange, wait for everybody to panic-sell their Bitcoins, wait for the price to drop to a certain amount, then stop the attack and start buying as much as they can. Repeat this two or three ...

📊 LATEST: Bitcoin futures traders are mostly retail, says CryptoQuant CEO.Average order size fell to $2K from $6K earlier this year. https://t.co/LOhALV899g ...

Market Trends - Bitcoin futures open interest remains high [1] - Sharp price swings trigger a leverage reset [1] - Positions on both sides are wiped out due to price volatility [1]

Market Trends - Bitcoin futures open interest reached a new all-time high of $88.7 billion [1] - A significant market movement is anticipated [1]

⚡️ UPDATE: Bitcoin futures open interest dropped from $44.8B to $42.8B, reflecting reduced speculative exposure, per Glassnode data. https://t.co/CxgO3ApYZx ...

Market Trend - Warsaw Stock Exchange listed its first Bitcoin BETA ETF, providing regulated exposure to bitcoin futures with FX risk hedging [1]

Bitcoin Futures & Delivery - Bitcoin futures differ from gold futures in that physical delivery necessitates actual BTC transfer, unlike gold futures where gold remains in vaults with receipts [1] - Bitnomial, founded in 2014, launched its futures product in 2020 [1] Market Events & History - Oil futures experienced negative pricing in March 2020 [1] - Bitcoin Cash's hashrate temporarily surpassed Bitcoin's (BTC) following the fork [1] - Fork futures initially emerged during the SegWit debate [1] Technology & Security - The threat of quantum computers is consistently projected to be "5 years away for 30 years" [1]

Market Trends & Performance - Bitcoin reached an all-time high, trading around $120,000 per Bitcoin [1] - Bitcoin's value has doubled compared to a year ago [1] - Ether outperformed Bitcoin this week, rising approximately 20% and maintaining above the $3,000 threshold [2] - Altcoins like Salana and XRP are also experiencing gains [2] ETF & Futures Market - US Bitcoin ETFs attracted $27 billion last week [2] - Open interest in Bitcoin futures reached a record high, exceeding $86 billion [2] - Ethereum open interest is also near record highs, indicating strong market conviction [3] Regulatory Landscape - The House is considering three bills related to crypto regulation during crypto week on Capitol Hill [4] - These bills aim to regulate stablecoins, define the distinction between commodities and securities, and potentially restrict the issuance of a Fed-backed digital dollar [4] - The proposed market structure bill seeks to provide regulatory clarity, which Wall Street has been anticipating [4] - The Clarity Act, under consideration, aims to define regulatory responsibilities, potentially granting the CFTC jurisdiction over digital commodities like Bitcoin and Ether, while narrowing the SEC's authority over securities [7]

Market Trends - Bitcoin futures volume fell 20% in June, suggesting a potential crypto summer slump [1]

MARKET UPDATE: 📊 Bitcoin futures open interest surged nearly 10% to $26.9B, its biggest jump since March, as BTC eyes the $110K mark. https://t.co/hVw7Bed0tl ...