Bitcoin Futures Overheat With $1.5 Billion Jump As BTC Breaks $44k
On-chain data shows Bitcoin futures open interest has jumped up more than $1.5 billion in just a few hours as the crypto’s price breaks past $44k again. Bitcoin Futures Open Interest Adds More Than $1.5 Billion Within A Few Hours As pointed out by an analyst in a CryptoQuant post, the BTC open interest has shot up over the past day as the coin’s price has observed a surge. The “open interest” is an indicator that measures the total amount of Bitcoin futures contracts currently open on all derivatives exchanges. When the value of this metric is rising, it means more....
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Data shows the crypto futures market has observed more than $400 million in liquidations during the last 24 hours as Bitcoin breaks above $23k. More Than $400 Million In Crypto Futures Liquidated In Only The Past Day A “liquidation” occurs when losses pile up in a futures contract and eat away a specific percentage of […]
Data shows the Bitcoin futures market is starting to overheat again, which could lead to higher asset price volatility. Bitcoin Open Interest Has Been Climbing Recently As an analyst in a CryptoQuant Quicktake post explained, the open interest has seen some rise during the past month. The “open interest” is an indicator measuring the total […]
Bitcoin breaks $34K while ether futures continue to gain steam.
The Commodity Futures Trading Commission (CFTC) has launched an investigation into the Chicago-based trading firm Jump’s participation in the crypto market, focusing on its trading and investment activities, according to an undisclosed source familiar with the matter, as reported by Fortune Magazine. Hacks And Collapses Haunt Jump Trading The investigation comes after a tumultuous period […]
Following the revelation that Tesla now owns $1.5 billion in bitcoin, crypto spot markets across the board skyrocketed. Data shows that crypto derivatives markets also saw significant demand as bitcoin futures open interest tapped $15 billion on Monday. Moreover, this week was the start of ethereum futures on CME Group’s exchange, and ether-based futures registered $33 million worth on the first day of launch. Bitcoin Futures Open Interest Jumps to $15 Billion Bitcoin (BTC) derivatives markets are in high demand these days and other cryptocurrencies like ethereum (ETH) and bitcoin....