Binance BTC open interest jumps $500M hours after ‘favorable’ US inflation data
Binance Open Interest surged approximately $500 million just two hours after the CPI results “brought smiles to the faces of crypto investors,” says an analyst.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Binance Open Interest surged approximately $500 million just two hours after the CPI results “brought smiles to the faces of crypto investors,” says an analyst.
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
First Appeal Win Opens Path for Gurhan Kiziloz to Unfreeze $527 Million in Tether and Global Assets
A Brazilian appeal court has handed Gurhan Kiziloz an encouraging first win in his effort to unfreeze a combined $527 million in T...
Bitcoin miner sells 1,619 Bitcoin at a $47 million loss before its AI data center paid rent
Bitcoin miner Cipher Digital sold 1,619 Bitcoin for $123.4 million and booked $47.7 million in realized losses. Its filing shows $...
Perps open interest on Solana surges to $500M, highest in nine months
Solana's rising open interest signals renewed trader confidence, yet it highlights ongoing competition and security challenges in...
How a crypto startup quietly siphoned 470,000 Binance users to build a $4 billion card empire
Binance-affiliated entities filed a Hong Kong petition against RedotPay's founders, alleging the payment startup used its partners...
Inside the $18 million Bitcoin gamble with zero margin calls until September
PowerCompute will face its first monthly decision on 307 pledged BTC on Sept. 2, when its $18.13 million loan from Arch Lending re...
SpaceX’s $85 billion IPO windfall went everywhere except Bitcoin
SpaceX beat Wall Street’s revenue and earnings expectations in its first quarterly report since its record IPO, giving the company...