Bitcoin Options Open Interest is Growing Again, Hinting at a Big Move
The open interest of Bitcoin is growing again, indicating at a potentially large price movement in the near
Read MoreThe open interest of Bitcoin is growing again, indicating at a potentially large price movement in the near
Read MoreNew reports state that league interest in Colin Kaepernick was fake. At the same time, the quarterback is making waves for his inclusion in Madden 21–and his curiously high rating. Colin Kaepernick is an incredibly influential activist in the outcry against police brutality, but that does not make him a good quarterback. Colin
Read MoreDecentralized finance (DeFi) has exploded in 2020, but retail interest in the space remains quite low, if measured by Google search queries. These suggest it may still be too early to draw parallels between DeFi’s growth and the initial coin offering (ICO) bubble of the final months of 2017 and
Read MoreSynthetix has reached the $1 billion in value locked milestone, following other DeFi protocols like Compound and Aave. Synthetix (SNX) has been one of the many DeFi tokens that has made substantial gains in 2020, having hit its all-time high of $7.32 on August 15 and rallied more than 400%
Read MoreThe coronavirus pandemic has truly been a watershed event — not just for the financial industry but for the world at large. Many had plans and goals that they wanted to achieve before the year ran out but had to stop. Companies had to file for bankruptcy, and people lost
Read MoreThe Federal Reserve Chairman Jerome Powell made a shocking announcement during yesterday’s widely watched speech, in which he
Read MoreAs companies have to shift their business model to contend with low interest rates, the largest find themselves in a comparatively better situation. Today’s episode of The Breakdown is an extended edition of the Brief. The final topic today looks at news that some large money market funds are shifting fees from
Read MoreA new report from the Bank for International Settlements (BIS) shows that 2020 is the year that momentum behind central bank digital currencies (CBDCs) has truly taken off.Published on Aug. 24, BIS’ new working paper analyzes the global state of CBDC research and development work, technical approaches and policy stances.
Read MoreWhile soaring open interest can be a sign of a continuing trend, the offloading of calls suggests bitcoin could correct further. Source
Read MoreThe open interest for CME Bitcoin Futures has surged over 100% over the last month as concerns of inflation drive institutional players to the crypto market. Institutions see BTC as a good hedge while the central banks continue to add more money to the ecosystem.Chicago Mercantile Exchange’s (CME) Bitcoin futures see
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