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.
Xu LinAltcoins, 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.
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Bitcoin funding rates have been on a bearish trend in recent months. It has now spent one of its longest ...
BitcoinistOMA3 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 ...
BitcoinistThe opening of the trading week had seen bitcoin surge again and had touched as high as $32,000, albeit briefly. ...
BitcoinistBitcoin open interest has been on a downtrend recently. This is not surprising given that the price of the digital ...
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