The BTC price broke through the $100,000 mark this year, setting a new record high. This is not only an important node in the development of the crypto market, but also a year of comprehensive rise of the derivatives market.
JinseFinanceEthereum futures open interest has hit a new all-time high, but data shows that this feat is usually accompanied by a plunge in ETH price.
JinseFinancePavel 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.
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