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Data shows the Ethereum open interest has surged up to near all-time high values as the ETH 2.0 merge comes closer. Ethereum Open Interest Has Sharply Risen Up Recently As per the latest weekly report from Arcane Research, the ETH open interest in futures and perps has surged up to 4.2 million
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According to data from Glassnode, via Colin Wu, the open interest of Deribit ether options with a notional value of $5.6 billion exceeded the open interest of BTC options (about $4.3 billion) for the first time in history. Open interest is the total number of outstanding derivative contracts that have
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Bitcoin has recovered above $23,000 multiple times now, but the digital asset remains in a perilous position. This is because the recovery alone has not been able to assure that the bull trend would endure. Rather, it has been falling the brief buying and selling pressures that have been plaguing
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Major cryptocurrency tracking website CoinGecko is open to acquisitions, but not right now, according to a co-founder of the platform.CoinGecko has been hit by the current crypto bear market, but the firm is far from selling off, CoinGecko chief operating officer Bobby Ong told Cointelegraph.Ong believes that all crypto-related companies
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Bitcoin (BTC) took a step back as Wall Street trading began on July 22 after recovering most of its previous losses.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC bulls fail to sustain assault on multi-week highData from Cointelegraph Markets Pro and TradingView confirmed BTC/USD encountering fresh resistance near $24,000.The pair had spent
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₿trust’s Africa Open Source Cohort program is designed for long-term contribution. New members will be expected to sign a one-year contract to start. Compensation will be based on a number of factors, including the extent of each developer's contribution to open-source Bitcoin projects. Cohort developers will receive professional management, mentorship,
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Tesla CEO Elon Musk said the EV company could add to its bitcoin position again in the future, but wanted to boost its cash position. Original Source
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Negotiations in Congress, which Treasury has been involved in, are still in the early stages, though a potential bill in the House Financial Services Committee has leaned toward setting up rules for both banks and nonbanks, according to people familiar with the talks. Source
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Roughly 247 days ago, the total bitcoin futures open interest across 12 different cryptocurrency derivatives trading platforms was $26.73 billion and over the last eight months, bitcoin futures open interest has dropped 60% down to $10.69 billion. Further, the bitcoin exchange-traded funds BITO and BTF have followed bitcoin’s spot market
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