Bitcoin’s value has been on an impressive rise over the past month, and by the start of the week, the leading digital currency surpassed the $ 57,000 range for the first time since Nov. 2021. This upward trend in value has stimulated bitcoin-based derivatives, causing open interest in bitcoin futures to hit an unprecedented …
PRESS RELEASE. USA, New York, February 13th, 2024 – CAGA Crypto, a growing project in decentralized finance, is thrilled to announce the successful start of three prominent airdrop campaigns that were launched on February 7, 2024. These campaigns offer participants the opportunity to engage with the CAGA network, earn rewards, and influence the future of […]
The Russian Central Bank is discussing the possible use of central bank digital currencies as a payment method in foreign trade, according to Elvira Nabiullina, the bank’s governor. Nabiullina stated that while Russia is opposed to the use of crypto payments in domestic transactions, the country is open to the idea of using cryptocurrencies in […]
Bitcoin options open interest has soared to unprecedented levels, surpassing the $ 18 billion threshold on Dec. 22, 2023. Currently, evidence indicates that bitcoin traders are leveraging bitcoin options to mitigate risk and speculate on the future price trajectories of bitcoin, particularly in anticipation of major developments such as the U.S. Securities and Exchange …
Recent data indicates that CME Group maintains its top position in bitcoin futures open interest, holding $ 5.29 billion, followed closely by Binance with $ 4.65 billion. A comprehensive analysis of 14 distinct exchanges offering derivatives reveals a combined open interest totaling $ 40.74 billion as of Dec. 10, 2023. Rising High: …