Bitcoin ‘short squeeze’ sends BTC price to $35.9K as OI stays elevated
More than $15 billion in Bitcoin open interest reaches a predictable conclusion as shorts get squeezed and BTC price action targets $36,000.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
More than $15 billion in Bitcoin open interest reaches a predictable conclusion as shorts get squeezed and BTC price action targets $36,000.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Crypto liquidations jump to $1.57 billion as Binance hack sends bitcoin, ether lower
Bitcoin traded near $77,350 after $6.3 billion Binance hack, with crypto futures liquidations jumping to $1.57 billion.
What to Know About the $6.3 Billion Binance Hack
▶Bitcoin Magazine What to Know About the $6.3 Billion Binance Hack The biggest crypto-related hack in history by dollar volume jus...
Franklin Templeton’s Dividend-to-Bitcoin ETFs Open on Nasdaq With About $72,000 in Trades
Franklin Templeton’s FBEQ and FIBT, two ETFs whose indexes reinvest their companies’ dividends in bitcoin, drew about $72,000 of t...
Binance hackers deploy never-seen-before laundering tactics to conceal $6.3 billion theft
Hackers behind Binance's $6.3 billion breach are using previously unseen laundering tactics while rapidly converting stolen assets...
Tether posts $1.5 billion Q3 profit as reserve buffer nearly doubles
Tether's robust profit and reserve growth enhance its stability, but its reliance on interest rates ties its fortunes to market fl...
Bitcoin fell after the Fed’s pause, but blaming interest rates misses the Binance shock
The Federal Reserve asked for more information before changing interest rates. Eighteen and a half hours later, the economy suppli...