Bitcoin futures open interest reaches a 16-month high: $70,000 granted?
BTC derivatives show moderate bullishness, paving the way for further gains above $70,000.
Related Posts


Trump election victory could push Bitcoin to $92K, says Bitwise exec
Jeff Park says “merger arb-style probability math” could mean Bitcoin rallies to $92,000 following a Trump victory.

Amazon Announces Two Blockchain-Related Products; Quantum Ledger and Managed Blockchain
E-commerce giant Amazon announced the debut of two new services, Amazon Quantum Ledger Database (QLDB) and Amazon Managed Blockchain, according to a press release shared with Cointelegraph Nov. 28.QLDB is a ledger database designed to provide transparent, immutable, and cryptographically verifiable log of transactions, which is overseen by a central trusted authority. All changes are…

Samsung Next exec argues Web3 projects must face the challenge of utility
Raymond Liao believes 2022 is a good time for product builders and investors to focus on the Web3 space. 268 Total views 17 Total shares While Web3 has shown a lot of potential from its inception to today, some still believe that there is a challenge that players in the space must face, which is…

Bitcoin’s Correlation With Gold Is Weakening, Says New Kraken Report
A drop in Bitcoin trading resulted in a six-month low of Bitcoin’s annualized volatility. 1126 Total views 19 Total shares Though Bitcoin’s (BTC) correlation with gold has diminished, the asset’s correlation with the S&P 500 stock market index is on the rise, researchers from Kraken exchange found.Kraken Intelligence, a research arm of major United States…

If Bitcoin doesn’t break record highs right away, it wouldn’t be the worst thing, trader posits
Trading sideways for a while could be healthy for Bitcoin. 1708 Total views 7 Total shares After its rise past $40,000, and a correction back to nearly $30,000, Bitcoin (BTC) has rebounded once again. Stalling before jumping back up past highs near $42,000 could be good for the asset, however, according to Brian Krogsgard, a trader…

OpenSea faces backlash over ‘OS2’ private beta, airdrop dynamics
Community members who accessed the “OS2” private beta expressed frustration over the NFT marketplace’s airdrop dynamics.

Lukka Co-CEO Explains How Blockchain Data Saves on Taxes
Why is blockchain reference data important? How can it help save on taxes? Lukka co-CEO Robert Materazzi explains. 1106 Total views 22 Total shares On July 30th, over thirty of crypto’s top minds gathered for the largest single-day livestream trading event of its kind. Nine star-studded panels included mainstream trading expert Jon Najarian, macro investors…

Binance considers allowing traders to secure collateral at banks: Report
It has been reported that Swiss-based FlowBank and Liechtenstein-based Bank Frick have been mentioned as potential intermediaries for this service. Cryptocurrency exchange Binance is reportedly exploring a potential solution to reduce counterparty risk by allowing some of its institutional clients to keep their trading collateral at a bank instead of on the crypto platform, according…