Shiba Inu's open interest plunges by over 40% in two weeks, raising concerns about its price trajectory. Historical data suggests a correlation between declining open interest and downward price movements, indicating potential trouble ahead for SHIB's value.
Huang BoThe Solana ecosystem has another dark horse, and the new meme currency BOME has become a god as soon as it goes online.
JinseFinance"Chain abstraction" is another concept derived from account abstraction, with the purpose of improving users' seamless interaction experience between different blockchains.
JinseFinance1.38M addresses bought 1.33M ETH at $2,984 ($3.9B total). Recent dip causes losses. Potential selling pressure near break-even. Whales move ETH, signaling market shifts. Current price around $3,000, support at $2,984. Bearish if support breaks, bullish above $3,000.
Huang BoJinseFinanceCryptocurrency adoption in Singapore has surged to levels from 2021.
cryptopotatoOctopus Network has announced a set of restructuring measures amid current bleak market conditions, which will see roughly 40% of its members leave its core team.
decryptOpenSea volume sank to a long-term low in August 2021.
BeincryptoBTC price tumbled back under $40,000 as on-chain metrics indicate dwindling demand from new investors, while long-term holders largely dominate the market.
CointelegraphBitcoin options markets are pricing further downside while margin traders are going increasingly long.
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