Binance perpetual futures added approximately 3,000 BTC open interest within hours

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.

Bitcoin Mining Incentive Issues Bitcoin Options Open Interest Hits New High

Golden 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.

Shiba Inu Open Interest Lags Behind Crypto Market Trends, Impact on Price

Shiba Inu's open interest has diverged from the general crypto market trends, potentially impacting its price dynamics. The altcoin's struggle to match the open interest highs seen in other cryptocurrencies suggests a unique market position. While a drop in open interest may not spell disaster for SHIB's price, its close correlation with Bitcoin's recovery emphasizes the need for vigilant monitoring amid BTC price fluctuations.

Open Interest in FTT Futures Doubles as Binance Moves to Liquidate FTX Token Holdings

Open Interest in FTT Futures Doubles as Binance Moves to Liquidate FTX Token Holdings

Open interest has doubled to $203 million, with bearish bets in demand, as Binance's entry into the FTX-Alameda drama has caused panic among investors.

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

Decline In Bitcoin Denominated Open Interest Sees Funding Rates Fall Below Neutral

Bitcoin funding rates have been on a bearish trend in recent months. It has now spent one of its longest ...

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 ...