Bitcoin Open Interest Sets New $20 Billion Record, Will This Prevent A Run To...
Data shows the Bitcoin Open Interest has seen a surge to a new all-time high (ATH) recently, a sign that volatility could be brewing for BTC. Bitcoin Open Interest Has Been Going Up Recently As pointed out by CryptoQuant founder and CEO Ki Young Ju in a new post on X, the Bitcoin Open Interest […]
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XRP has set a new record on the CME derivatives exchange, underscoring the demand for the altcoin. This comes as the crypto futures products on the exchange hit $30 billion in open interest (OI) for the first time ever. XRP Becomes Fastest To Hit $1 Billion In Open Interest On CME In an X post, […]
Open interest in Bitcoin futures is soaring but volumes are falling. Open interest in Bitcoin futures has surged to new record highs ahead of Coinbase’s April 14 direct listing on the Nasdaq.Crypto market data aggregator Glassode states that Bitcoin open interest has exceeded $27 billion for the first time as Bitcoin pushed into new record highs above $63,000. The milestone suggests traders may be speculating on higher prices, although some may also be hedging against incoming volatility.#Bitcoin Futures Open Interest across major exchanges reaches record highs of more than $27B as $BTC....
Bitcoin's options market is more popular than ever with record open interest of more than $2.10 billion.
Ethereum open interest (OI) had seen a meteoric rise in the weeks leading up to the Ethereum Merge. Even after the Merge, the open interest has not declined, given all of the new interest from institutional investors following the network’s move to a proof of work mechanism. This time around, the Ethereum open interest has hit another important high point, which points to a possible rally in the price of ETH. Open Interest Reaches $7.7 Billion Ethereum open interest still remains high despite ETH’s decline to the low $1,000s back in September. Data shows that the open interest in ETH has....
XRP Open interest on the CME Group has reached a new all-time high (ATH), presenting a bullish outlook for the altcoin. This further underscores the massive demand for XRP exposure among institutional investors, which could serve as a catalyst for higher prices. CME XRP Futures Open Interest Hit News ATH In an X post, the CME Group revealed that the XRP futures have hit an all-time high in open interest with over 6,000 contracts on August 18, just before their three-month anniversary. The derivatives platform further remarked that this development is a clear sign of growing conviction in....