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Bitcoin (BTC) futures open interest at the Chicago Mercantile Exchange (CME) hit an all-time high of $3.65 billion on November 1. This metric considers the value of every contract in play for the remaining calendar months, where buyers (longs) and sellers (shorts) are continually matched.Bullish momentum on CME Bitcoin futures,
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Those approving ads for other crypto companies are already facing regulatory scrutiny – and will soon need new permissions to continue. Source
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In this article, we delve into the critical factors influencing the trajectory of cryptocurrency markets: tightening monetary policies, the resurgence of the U.S. dollar, and the lingering specter of inflation. We also examine the evolving role of cryptocurrencies, particularly Bitcoin, in the context of global finance and stability. Source
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Last week, the release of September’s Consumer Price Index (CPI) data showed a monthly increase of 0.4% and an annual increase of 3.7%. Treasury yields in the United States saw a modest increase earlier today, amid the ongoing uncertainty surrounding the country’s economic outlook. Investors continued to grapple with concerns related
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WOO co-founder Jack Tan said the repurchase allows the company to move on “without further distractions from the 3AC fallout”. WOO Network has announced its decision to repurchase shares and tokens it sold to defunct Singaporean hedge fund Three Arrows Capital (3AC) back in 2021. The Taiwan-based trading platform and liquidity
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Despite the selling pressure, Bitcoin has outperformed the broader crypto market with its market share crossing over 50%. Bitcoin and the broader cryptocurrency market have come under selling pressure amid rising geopolitical uncertainties and a recent war eruption between Israel and Palestine. The developments led to more than $100 million
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Open Exchange’s (OPNX) native currency crashed on the heels of co-founder Su Zhu’s arrest. OX token value craters When Zhu was apprehended in Singpaore, it triggered a massive wave of sell pressure, resulting in a steep decline in the value of OX tokens. According to Alphanomics, approximately $1 million worth of
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CoinDesk Indices in partnership with Coin Fund has created the Composite ETH Staking Rate (CESR), a benchmark for investors to hold managers, exchanges, and service providers accountable for their returns. Indices are the cornerstone of a robust derivatives market and institutional participation. There has been a dearth of professional index
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Polkadot (DOT) is making strategic moves to propel its development forward as bearish market conditions continue to cast a shadow over the
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Ahead of the forthcoming enforcement of the European Union’s Markets in Crypto Assets (MiCA) legislation, a top Binance representative is sounding the alarm about potential large-scale removals of stablecoins from the exchange. As legal experts wrestle with interpreting the EU’s pivotal crypto regulation, concerns are growing about its effect on
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