Bitcoin Futures Open Interest Hits Record $37.55 Billion With CME Leading the Pack
On Friday, March 29, 2024, the combined open interest in bitcoin futures reached a new all-time peak of $37.55 billion. This uptick occurs amid buoyant bitcoin markets and a growing attraction from institutional investor...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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 Bitcoin NewsRelated market context
Billions Pour Into Bitcoin ETFs as Rally Rolls On
Bitcoin Magazine Billions Pour Into Bitcoin ETFs as Rally Rolls On Bitcoin exchange-traded funds have continued their winning stre...
IBIT Opens In-Kind Bitcoin Process to More Institutions
In BlackRock Bitcoin news, the World’s largest asset manager has reduced the reported minimum for in-kind creations and redemption...
Iran’s Rial Crashes to a Record Low as New Sanctions Target Its Bitcoin Mining Lifeline
Iran’s rial collapsed to a record low this week just as President Trump’s new sanctions package named digital assets as a target f...
Bitcoin Open Interest Collapses to 12%. Is the Short Squeeze Over?
Crypto-margined Bitcoin futures have collapsed from near-total dominance to about 12%. But leveraged traders are still placing big...
Why Bitcoin’s $80,000 rally just flipped from short squeeze to long squeeze
Bitcoin's brief pullback below $78,000 triggered more than $300 million in crypto liquidations as traders took profits after a sha...
Ethereum Price Hits $2,500 Resistance Wall as Fear and Greed Reaches Extreme Levels
Ethereum trades at $2,450 as it continues probing the $2,500 price ceiling it’s failed to convincingly break for the third straigh...