JPMorgan Chase CEO Jamie Dimon has warned that something bad may happen in the U.S. economy. “I’m not trying to scare people. I’m more in the category that something could go wrong,” he stressed. “A lot of things out there are dangerous and inflationary. Be prepared … Interest rates may go up and that might […]
Fading Interest for Privacy Cryptos Leads to $440M Market Dip in 2023
Throughout 2023, numerous sectors within the cryptocurrency market have experienced gains. However, leading privacy-centric crypto tokens have lagged behind in performance compared to their counterparts. Since January, the market value of the privacy cryptocurrency sector has diminished by $ 440 million, marking a notable downturn over the last ten months. While Privacy Assets Gained …
CME Bitcoin Futures Open Interest Climbs Past Binance, Indicating Growing Institutional Demand
The open interest for bitcoin futures on the CME Group has outstripped that of Binance’s futures market, with the former reaching an open interest of $ 4.06 billion and the latter at $ 3.87 billion, as bitcoin’s value climbs to new peaks. CME Leads Bitcoin Futures Rally as Open Interest Swells to $ …
Bitcoin Futures Open Interest Skyrockets Amid Rising Market Enthusiasm and ETF Anticipation
Bitcoin futures open interest (OI) has surged dramatically within the last day, with CME Group’s OI reaching an impressive 100,000 bitcoin, equivalent to $ 3.4 billion. This isn’t an isolated event; platforms such as Binance, Deribit, Bitget, and Okx are also experiencing significant upticks. Bitcoin’s Futures Landscape Heats Up For those new to the …
Bank of America CEO Discusses Economic Slowdown and Fed Cutting Interest Rates
Bank of America CEO Brian Moynihan expects the U.S. economy to slow down in the middle of next year. The executive also noted that according to his bank’s research, the Federal Reserve will start cutting interest rates in the middle of next year to the latter half of next year. Bank of America Boss Brian […]