The total open interest of Bitcoin contracts on the entire network reached US$36.631 billion

Ethereum Open Interest Surges to New All-Time High, Fueling Optimism

Ethereum hits record $11 billion open interest, signaling market interest. Surge attributed to ETF anticipation, positive funding rates, and bullish sentiment. Technical analysis suggests potential bull market, but caution advised amid optimism.

Ethereum Futures Open Interest Reaches Record High, ETH Price Surges 4%

Institutional interest surges ahead of Ethereum's major upgrade in mid-March. Futures market hits all-time high, driven by confidence and anticipation.

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.

Success of the Open Metaverse Comes Down to User Experience

While the publication of technical papers will help, OMA3 leaders say consumer adoption will be key.

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

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 ...