Web3 platforms launch the Open Metaverse Alliance
[ad_1] Blockchain-based metaverse and Web3 platforms have decided to form an Open Metaverse Alliance for Web3 (OMA3) to overcome the interoperability challenges of the industry. Four core principles of the Alliance are said to be transparency, inclusiveness, decentralization and democratization. The joint organization was established by Alien Worlds, Animoca...
Read More
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...
Read More
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...
Read More
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...
Read More