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 BoAltcoins, 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.
Bernice
JinseFinanceLove it or hate it, a crypto crackdown seems imminent, especially with the U.S. government urging Congress to accelerate its progress on crypto regulations.
CatherineEthereum 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 ...
BitcoinistHopefully Ethereum becomes a system more like Bitcoin.
链向资讯Hope Ethereum becomes a more Bitcoin-like system
FtftxTo understand the content and imagination of Taproot's upgrade, we must first understand some bitcoins.
CointelegraphThe root cause of RBI’s concern appears to be that digital assets could undermine India’s rise as a global power.
Cointelegraph