Bitcoin Open Interest Remains High Despite Price Drop, What’s The Significance?
In an interesting turn of events, the Bitcoin open interest has remained high even at a time when the price ...
Tag: Interest
Is Ethereum Set for Recovery? Significant Drop in Open Interest May Tell
Ethereum’s Open Interest has decreased, potentially easing market tensions. The asset’s price shows signs of recovery, with a current rise ...
Ethereum Open Interest gains by $1B – Impact on ETH?
While Open Interest increased, Funding Rate stalled. The price of the altcoin might keep swinging between $3,400 and $3,600 in ...
Will the price of Ethereum grow as whale interest rises?
Whale accumulation of ETH grew, according to recent data. Network growth and velocity of ETH fell materially. Ethereum’s recent dip ...
Interest in CBDCs climbs to 94% among central banks – BIS survey
U.S lawmakers want to ban CBDCs, but 94% of central banks are not so sure Stablecoins have been adopted cautiously ...
US Senators Pen Letter to Jerome Powell, Urging Fed Chair To Cut Interest Rates
Two US senators are urging Federal Reserve Chair Jerome Powell to cut interest rates to avoid an economic recession. In ...
Bitcoin Open Interest Reaches All-Time High Of $36.3 Billion: Here’s Why
Bitcoin futures interest tapped an all-time high in US dollar terms on Monday, reaching over 500,000 BTC worth $36.3 billion. ...
Roaring Kitty’s GME shares hit $1B, BTC open interest soars, and other news: Hodler’s Digest, June 2-8
GameStop trader Roaring Kitty sees his GME stake rise to $1 billion, Bitcoin open interest spikes and new U.S. laws ...
Bitcoin Open Interest reaches record levels: Could $80K be next?
The coin’s open interest hit the highest point since March, suggesting that BTC could break past $73,750. Exchange withdrawal increased ...
Bitcoin Price Drop Below $70,000 Apparently Driven By Lack Of Interest, Glassnode Data Shows
On-chain analytics platform Glassnode has provided insights into why the Bitcoin price recently dropped below $70,000. The platform suggested that ...