Binance Bitcoin Open Interest Surges Despite Legal Scrutiny
Open interest and liquidity across Binance crypto and Bitcoin derivatives markets have vastly improved, suggesting investors’ confidence in the sector. As such, 2020/2021 for Binance has been a breakthrough for derivatives markets. Such hiccups have Led to the current meteoric rise of Binance Futures. Binance Faces Regulation Defaults While Binance luxuriates on this achievement, it […]
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Launched in 2009 by “Satoshi Nakamoto,” whose identity remains unknown, Bitcoin was the first cryptocurrency to scale. Since then, it has risen to prominence through high-security blockchain technology to provide an open-source alternative to institutional or government-backed currencies, the U.S. dollar. Related Reading | Binance Bitcoin Open Interest Surges Despite Legal Scrutiny The digital currency […]
Bitcoin and Altcoin Transactions are usually anonymous and untraceable. As a result, it is generally easier to carry out shady deals with crypto knowing that the perpetrator might succeed without detection. Related Reading | Binance Bitcoin Open Interest Surges Despite Legal Scrutiny However, this is not the case for Hisham Chaudhary, of Leicestershire, United Kingdom. He […]
Binance, one of the world’s largest cryptocurrency exchanges, continues to experience a wave of executive departures as it grapples with regulatory challenges and legal scrutiny in the United States and Europe. According to a Reuters report, the recent resignation of Mayur Kamat, Binance’s global head of product, adds to the growing list of critical figures […]
Bitcoin futures open interest on Monday has crossed $23 billion according to data recorded on April 5. The crypto asset exchange Binance has taken the lead as far as open interest in bitcoin futures is concerned with a massive $10.5 billion in open interest. Binance Captures the Bitcoin Futures Lead Not too long ago, Bitcoin.com’s newsdesk reported on CME Group capturing the lead as far as open interest in bitcoin futures. Today, that’s no longer the case, as Binance has jumped ahead of the pack as far as delivering futures derivatives products for BTC. Skew.com analytics....
The Bitcoin price action this weekend has been quite bubbly and impressive, with the premier cryptocurrency reclaiming the $85,000 level on Saturday, April 12. This burst of bullish momentum came after United States President Donald Trump’s exemption of smartphones, computers, and chips from the new trade tariffs. According to the latest on-chain data, the Bitcoin open interest (OI) has also enjoyed a similar level of resurgence in the past day. The Bitcoin price could be gearing up for an extended upward run, especially with the open interest metric on the rise. How The Latest Spike In....