Bitcoin Perpetual Open Interest Suggests Short Squeeze Led To Crash
[ad_1] The Bitcoin crash of last week was a brutal one for the market. It saw the digital asset lose its footing from where it had been trending just below $30,000 to crash to the mid $17,000s before a recovery had begun. With the new week, the market had...
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Nexo Halts Interest on New Crypto Deposits for US Customers
[ad_1] After BlockFi’s $100 million settlement with the US securities regulator, its competitor in the crypto lending Crypto Lending The process of lending cryptocurrency assets with an accrued interest rate and due date is known as crypto lending. The process of crypto lending often occurs through cryptocurrency exchanges...
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Following Crash, Bitcoin Open Interest Declines To Sept 2021 Levels
[ad_1] Following the crash to $35k, the Bitcoin open interest has declined to September 2021 levels. This may suggest that the market volatility will be lesser in the near future. Bitcoin Open Interest Drops To Similar Levels As In September 2021 As pointed out by an analyst in a...
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As Interest in Decentralized Finance Peaks, This Project May Have the Full DeFi 2.0 Package
[ad_1] With native cross-chain trading and very attractive Bitcoin APYs, Thorwallet offers a user-friendly UI with all the trimmings this Christmas As we near the end of a spectacularly explosive year for the growth of DeFi and blockchain technology in general, both interest and investment in the industry are...
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CME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K
[ad_1] Open interest (OI) for Bitcoin (BTC) Futures trading on the Chicago Mercantile Exchange (CME) inched toward a new record high Thursday as BTC reclaimed its five-month high of $58,550 on BitStamp. The total number of outstanding derivatives contracts on CME Group’s Bitcoin Futures market reached $3.22 billion, according...
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