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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.
ETH has outperformed BTC by more than 230% this year and derivatives data suggests traders believe the altcoin has a lot more upside.
Ethereum price appears en-route to a new all-time high, but data shows retail and pro investors are slightly skeptical about the current rally.
The SEC does not appear to have the appetite for more exotic Bitcoin futures products.
ETF issuers are getting creative with two new filings for inverse and leveraged funds.
FIL might be more than 70% away from its all-time high, but derivatives data shows traders are steadily building leveraged positions.
Gold-verified users of Blockchain.com exchange in over 150 countries will now be able to trade Bitcoin with up to 5x leverage.
On Tuesday, SEC Chair Gary Gensler re-confirmed his plan to crack down on cryptocurrencies, and traders’ regulatory concerns are confirmed by this key Bitcoin futures and options indicator.
Traders were hit hard as $3.5 billion in liquidations took place as Bitcoin price crashed below $43,000.
Regulated crypto bank Avanti CEO Caitlin Long says tarring the entire crypto industry with the same brush is unfair.