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Analysts say Bitcoin’s open interest wipeout ‘will give way to further upside’

Bitcoin’s drop to $42,000 obliterated its open interest and liquidated a large swath of leveraged traders, but analysts say OI resets typically provide great buying opportunities.

Continue ReadingAnalysts say Bitcoin’s open interest wipeout ‘will give way to further upside’

BTC Futures Open Interest Continues to Rise Following Bitcoin ETF Listings Last Month

Bitcoin futures open interest continues to remain high after the launch of the first bitcoin exchange-traded fund (ETF) on October 22. While Binance commands $5.81 billion and leads the pack,…

Continue ReadingBTC Futures Open Interest Continues to Rise Following Bitcoin ETF Listings Last Month

Google invests $1B in CME Group along with 10-year Cloud deal

CME Group chair and CEO Terry Duffy said the investment and partnership would help the company "transform derivatives markets through technology, expanding access and creating efficiencies for all market participants."

Continue ReadingGoogle invests $1B in CME Group along with 10-year Cloud deal