Ethereum hits record $11 billion open interest, signaling market interest. Surge attributed to ETF anticipation, positive funding rates, and bullish sentiment. Technical analysis suggests potential bull market, but caution advised amid optimism.
EdmundInstitutional interest surges ahead of Ethereum's major upgrade in mid-March. Futures market hits all-time high, driven by confidence and anticipation.
EdmundXRP Ledger witnesses a surge in small wallets and whale activity, indicating rising interest and broader adoption, while Gemini exchange's inclusion of XRP contracts signifies growing market acceptance.
BrianAltcoins, 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.
BerniceGolden Weekly is a weekly blockchain industry summary column launched by Golden Finance. The content covers key news of the week, market and contract data, mining information, project trends, technology progress and other industry trends.
JinseFinanceWhile the publication of technical papers will help, OMA3 leaders say consumer adoption will be key.
Others
OMA3 will focus on proposing standards and facilitating collaboration between various stakeholders of Web3 and other industries.
CointelegraphEthereum has seen more interest in recent days. Most of it has come from the price decline of the digital ...
BitcoinistBitcoin open interest has been on a downtrend recently. This is not surprising given that the price of the digital ...
Bitcoinist