 recorded $119,444 at 3 a.m. on May. 23 due to a surge in spot and futures trading on the cryptocurrency exchange, renewing its new high in a day. According to data from CoinMarketCap, a cryptocurrency market data provider, the daily spot trading volume of Binance, the world\'s largest cryptocurrency exchange, reached $150 billion on May. 22. According to data from the on-chain analysis platform Glassnode, Bitcoin futures reached $203 billion on May. 22, reachi', 'https://img.blockstreet.co.kr/photo/2024/08/30/20240830000001_0640.jpg', 'https%3A%2F%2Fwww.blockstreet.co.kr%2Fnews%2Fview%3Fud%3D2025052309011220632'));){kind=link}
);)
Bitcoin(BTC) recorded $119,444 at 3 a.m. on May. 23 due to a surge in spot and futures trading on the cryptocurrency exchange, renewing its new high in a day. According to data from CoinMarketCap, a cryptocurrency market data provider, the daily spot trading volume of Binance, the world's largest cryptocurrency exchange, reached $150 billion on May. 22. According to data from the on-chain analysis platform Glassnode, Bitcoin futures reached $203 billion on May. 22, reaching the third highest trading volume in 2025.
2. Bitcoin Reaches $65 Billion In Futures Open Interest...ATH
Open interest in the Bitcoin futures market reached $65 billion as of May. 23, the highest ever. Open interest reached an all-time high, and Decrypto, a cryptocurrency media outlet, pointed out that the possibility of price fluctuations in the cryptocurrency market has also risen to a very high level. Open interest refers to the amount that can be used to settle transactions in derivatives markets such as futures or options contracts. An increase in open interest can mean a large-scale liquidation of certain positions in the futures market.
3. U.S. Senate and House Push for Bill to Ban Government Bureaucrats from Generating Revenue through Cryptocurrency
U.S. government officials are pushing for a bill to ban U.S. President Trump from generating revenue through cryptocurrency, pointing out the actions of U.S. President Trump who used cryptocurrency to generate revenue. U.S. Democratic Senators Chuck Schumer, Elizabeth Warren and Jeff Merkley are scheduled to submit to the Senate a recent revision of the U.S. stablecoin regulation bill 'GENIUS'. Merkley said on the 22nd that he will submit an amendment to the GENIUS bill to the Senate, pointing out the actions of U.S. President Trump who used cryptocurrency to generate revenue through his X account. Meanwhile, U.S. Democratic Representative Maxine Waters proposed a "Trump's Anti-Intervention in Cryptocurrency Act" to the House of Representatives on the 22nd, which prohibits major U.S. government officials from issuing and holding cryptocurrency.
권승원 기자 ksw@blockstreet.co.kr