Ethereum Open Interest Nears $60 Billion as ETH Hovers Near All-Time High

Ethereum open interest peaks, a crash may be imminent

Ethereum futures open interest has hit a new all-time high, but data shows that this feat is usually accompanied by a plunge in ETH price.

Toncoin Open Interest Soars After Telegram CEO's Arrest

Pavel Durov's arrest caused Toncoin to drop 14.71% and open interest to rise 32%. Market sentiment is bearish, but a rebound could occur if charges are resolved. Rumble CEO Chris Pavlovski has left Europe due to rising regulatory tensions.

Ethereum Futures Open Interest Reaches Record High, ETH Price Surges 4%

Institutional interest surges ahead of Ethereum's major upgrade in mid-March. Futures market hits all-time high, driven by confidence and anticipation.

Altcoins Surge in Open Interest, Surpassing Bitcoin

Altcoins, led by Solana, XRP, and Dogecoin, have surpassed Bitcoin in open interest, marking a significant shift in the derivative market. Altcoins now command 41% of the market's open interest, totaling $12.22 billion, while Bitcoin's dominance has decreased to 39%. Ethereum also trails behind, despite increased funds in its futures market. The altcoin market, with a 66% volume dominance, is reshaping investor portfolios, showcasing a paradigm shift in cryptocurrency dynamics.

Success of the Open Metaverse Comes Down to User Experience

While the publication of technical papers will help, OMA3 leaders say consumer adoption will be key.

BTC and ETH Prices Tank in Weekly Open Ahead of Fed Interest Rate Decision

Bitcoin hit its 2022 low, dropping below $19,000. ETH has dropped below $1,300.

Coinbase Will List cbETH, Which Stands for Pledged ETH and Pledged Interest

Web3 platforms launch the Open Metaverse Alliance

OMA3 will focus on proposing standards and facilitating collaboration between various stakeholders of Web3 and other industries.

Ethereum Denominated Open Interest Skyrockets As Price Declines

Ethereum has seen more interest in recent days. Most of it has come from the price decline of the digital ...

Bitcoin Open Interest Nosedives, But All Hope Is Not Lost

Bitcoin open interest has been on a downtrend recently. This is not surprising given that the price of the digital ...