The price of gold continues to hit unprecedented highs, with one troy ounce of .999 fine gold now trading at $ 2,298. Silver is also beginning to ride the wave of gold’s recent uptrend, with its value climbing 3.64% on Wednesday surpassing the $ 27 per ounce mark. Gold’s Historic Ascent Continues While …
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 investors. Bitcoin Futures Open Interest Reaches Unprecedented $ 37.55 Billion Since the close of 2023, interest in bitcoin (BTC) …
Despite Broad Crypto Downturn, Solana Hits $200 Range and Overtakes BNB
Based on the latest metrics, the cryptocurrency landscape has experienced a widespread but modest downturn. Yet, the digital asset solana has risen by 12.2% in the last 24 hours and 43% against the U.S. dollar over the past week. Currently, solana surpassed the $ 200 mark per coin as it closed in on BNB’s …
Stablecoin Sector Expands by $4.95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits $103B
‘Wolf of All Streets’ Expects Mainstream Crypto FOMO to Return When DOGE Hits New All-Time High
Scott Melker, also known as the “Wolf of All Streets,” has revealed his theory on the potential resurgence of mainstream fear of missing out (FOMO) in the crypto market. He asserted that people seem to forget that the mainstream fervor in the last bull market came through dog coins, like dogecoin, and non-fungible tokens (NFTs). […]