Saturday, November 28, 2020
Home > Open

Data shows Bitcoin price drops days after BTC futures open interest hits $1B

There was a time when BitMEX derivatives exchange reigned sovereign over other exchanges, and the company effectively held a 50% market share until July 2019. For this reason, traders kept a close eye on every indicator connected to BitMEX, including its funding rate, open interest, and basis.Open interest measures the

Read More

Market Wrap: Bitcoin Drops as Low as $14.8K; ETH Options Open Interest at Record High

Bitcoin is gyrating amid rallying global stock markets while ether options traders ramp up open interest as the Ethereum network heads for an ambitious upgrade.Bitcoin (BTC) trading around $15,384 as of 21:00 UTC (4 p.m. ET). Gaining 0.05% over the previous 24 hours.Bitcoin’s 24-hour range: $14,845-$15,842BTC above its 10-day and

Read More

How Defi Open Finance Development Is Transforming Economies All Over The World

There are so many DeFi projects and tokens starting now changing how funds are managed. It is an open-source, permissionless, transparent, and trust-less system without any intermediaries. Some of the famous DeFi projects are Uniswap, Compound, Aave, and MakerDAO. Though DeFi Open finance development is at an early stage, it

Read More

Record $2.9B Bitcoin options open interest follows BTC rally to $14,259

The open interest on Bitcoin (BTC) options contracts has reached a new all-time high at $2.9 billion. Interestingly, this feat happened only five days after the October expiry, which liquidated $400 million worth of options.Bitcoin options total open interest. Source: SkewOver the past six months, the options market has grown

Read More