Market remains rangebound from yesterday. As of now, $BTC is trading at $87,366 and $ETH is trading at $2,960. Bitcoin dominance stands at 58.53%.
Texas has reportedly made a $5 million purchase of BlackRock’s IBIT, marking the first allocation of its newly created Texas Strategic Bitcoin Reserve under SB 21. If accurate, Bitcoin would become the third holding in the state’s trust—joining SPY and a Janus Henderson fund—placing Texas alongside major institutions like Abu Dhabi and Harvard that also hold IBIT.
A few other headlines include: Polymarket receives CFTC approval of amended order of designation, enabling intermediated U.S. market access; Klarna to launch its stablecoin on Tempo in 2026; and Berachain founder calls Unchained story “inaccurate and incomplete.”
During the last 24 hours, the top three gainers were $MON, $IP, and $HASH, while the top three losers were $TEL, $CC, and $DCR.
