The total open interest of Bitcoin contracts has dropped to $30.5 billion

Open Exchange (OPNX) Announces Closure Amid Regulatory Challenges

OPNX shuts down, citing regulatory hurdles and financial penalties. Users urged to settle positions and secure assets before the February 14 deadline.

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.

3AC Founders’ Open Exchange Completes Its $25 Million Fundraise

3AC’s founders provide more details on how their exchange for crypto bankruptcy claims will work. 

Highly Criticized ‘GTX’ Startup Officially Announced as ‘Open Exchange’

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 ...

Crypto Retail Demand Improving, JPMorgan Says – Coast Is Clear?

Analysts at JPMorgan now assert that optimism among individual investors in cryptocurrencies is on the rise, with a brighter market ...

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 ...

[Link to FM] MetaMask launches MetaMask Snaps, Bybit becomes the second largest BTC futures open interest exchange

Crypto exchange Bybit, with more than 2 million registered users, has become the second largest bitcoin futures exchange by open interest (OI), surpassing the Chicago Mercantile Exchange (CME), according to the latest data from Skew.