Bitcoin due for squeeze as record $88B open interest sparks ‘flush’ worries
Bitcoin futures gained their highest levels of open interest ever, leading to a forecast of a "liquidity flush" within two weeks.
Bitcoin futures gained their highest levels of open interest ever, leading to a forecast of a "liquidity flush" within two weeks.
Original source
Read on CointelegraphRelated market context
Are 24/7 CME Bitcoin futures a volatility cure — or a new leverage trap?
Wall Street got to trade Bitcoin around the clock just in time to watch the market fall apart. CME Group launched 24/7 trading for...
FIFA taps Kraken as first-ever World Cup crypto sponsor as Ecuador opens against Ivory Coast
Kraken's sponsorship could accelerate crypto adoption in sports, influencing fan engagement and financial dynamics in global event...
Banks are buying Bitcoin vaults, but a quantum problem may be waiting inside
The banks are finally buying the vaults. In May, BNY, the world's largest custodian with $59.4 trillion in assets under custody an...
Bitcoin price challenges $64,000 weekend wall – needing a breakout or risk a deeper correction
Bitcoin reclaimed $64,000 on June 12 and touched an intraday high of $64,301 in the same session that spot ETF flows finally flipp...
SpaceX’s IPO exposes the first crack in tokenized stocks – fragmented ownership and allocation
SpaceX priced its IPO at $135 per share on June 11, raised $75 billion in the largest public offering in history, and opened on Na...
US Soccer celebrates 4-1 World Cup opener as Kraken brings crypto to FIFA’s biggest stage
The US victory boosts national pride and interest in soccer, while Kraken's involvement highlights crypto's growing influence in g...