Analyst: XRP’s Open Interest Spike Points to its Growing Appeal and Foundational Strengths

December 12, 2024 Bitcoin.com

bitcoin.com

A surge in XRP’s open interest suggests continued investor interest in the cryptocurrency, according to analyst Iliya Kalchev. XRP Open Interest Leverage Driven The recent spike in XRP’s open interest suggests the number four digital asset is likely to remain “a focal point in the crypto space for the foreseeable future,” according to Iliya Kalchev, […]

XRP Healthcare: AI Low-Cap Gem on the XRP Ledger – Fixed Supply, True Scarcity, and Real-World Utility

Bitcoin Surge Drives Deribit to $40.8 Billion Open Interest Peak

November 14, 2024 Bitcoin.com

Bitcoin

Deribit reached an all-time high in open interest this week, totaling $37.6 billion across bitcoin and ether contracts, signaling intensified activity in cryptocurrency derivatives amid bitcoin’s recent price volatility. Amid Bitcoin’s Climb, Deribit Reaches Unprecedented Open Interest High Deribit, a prominent platform for cryptocurrency derivatives trading, has reached an all-time high in open interest across […]

XRP Healthcare: AI Low-Cap Gem on the XRP Ledger – Fixed Supply, True Scarcity, and Real-World Utility

Bitcoin open interest exceeds $40B amid brush near $70K

October 21, 2024 Coin Telegraph

Bitcoin

High open interest signals more leverage, which could induce another flush-out if positions are liquidated.

Open interest on Bitcoin derivatives reached a record high on Oct. 21, as BTC came close to breaching the $70,000 price point.

In a post on X on Oct. 21, CoinGlass reported that Open Interest (OI) on Bitcoin (BTC) futures contracts had reached a record high of $40.5 billion.

Open interest is the value or number of outstanding futures contracts that have yet to expire. It measures the amount of money invested in Bitcoin derivatives at any given time, with higher OI indicating potentially more leverage and volatility in the system.

XRP Healthcare: AI Low-Cap Gem on the XRP Ledger – Fixed Supply, True Scarcity, and Real-World Utility

Trader Justin Bennett Issues Ethereum Alert, Says ETH Potentially Forming Bearish Pattern – Here Are His Targets

October 17, 2024 The Daily Hodl

Bitcoin

A widely followed crypto analyst is issuing an alert about Ethereum (ETH), saying that the top altcoin appears to be forming a bearish pattern. In a new strategy session, crypto trader Justin Bennett tells his 113,200 followers on the social media platform X that the second largest digital asset by market cap could be forming […]

The post Trader Justin Bennett Issues Ethereum Alert, Says ETH Potentially Forming Bearish Pattern – Here Are His Targets appeared first on The Daily Hodl.

XRP Healthcare: AI Low-Cap Gem on the XRP Ledger – Fixed Supply, True Scarcity, and Real-World Utility

Election Fever Pushes Polymarket to $533M in September, Setting New Records

October 4, 2024 Bitcoin.com

Election Fever Pushes Polymarket to 3M in September, Setting New Records

active users

Polymarket hit new milestones in September, with trading volume climbing to $533.51 million, exceeding August’s $472 million. The blockchain-based predictions platform also saw a rise in active users, reaching 90,037, up 26,421 from the prior month. Polymarket Booms Ahead of U.S. Election: $533M in Volume, 90K Users in September With 33 days until the 2024 […]

XRP Healthcare: AI Low-Cap Gem on the XRP Ledger – Fixed Supply, True Scarcity, and Real-World Utility

Polymarket’s Traffic and Trading Volume Soar, $137.3M in September’s First 9 Days

September 9, 2024 Bitcoin.com

Polymarket’s Traffic and Trading Volume Soar, 7.3M in September’s First 9 Days

bitcoin.com

In just over a week, the blockchain-powered prediction market platform Polymarket has generated an impressive $137.3 million in trading volume, already outpacing the total volume recorded during June and all prior months this year. Last Friday, Polymarket reached its highest daily trading volume in the last three months. Polymarket Outpaces June Volume in Just 9 […]

XRP Healthcare: AI Low-Cap Gem on the XRP Ledger – Fixed Supply, True Scarcity, and Real-World Utility

Polymarket Hits Record $472.87M in August Volume Amid Election Betting Frenzy

September 1, 2024 Bitcoin.com

Polymarket Hits Record 2.87M in August Volume Amid Election Betting Frenzy

2024 election

The blockchain-powered prediction market Polymarket saw an additional $85.84 million in trading volume during August, marking a notable uptick from July. August’s volume of $472.87 million set a new high, surpassing every month since Polymarket’s inception. Polymarket Volume Soars in August While some sectors faltered in August, Polymarket thrived, setting new records with $472.87 million […]

XRP Healthcare: AI Low-Cap Gem on the XRP Ledger – Fixed Supply, True Scarcity, and Real-World Utility

Polymarket Open Interest Rebounds as August Set to Challenge July’s Record

August 18, 2024 Bitcoin.com

active traders

Polymarket, the leading blockchain-powered predictions platform, saw its highest monthly volume to date in July. However, August has so far captured just over 68% of July’s total volume, with 13 days still remaining in the month. Polymarket’s August Performance Signals Potential for Record-Breaking Month According to data from theblock.co, August is shaping up to be […]

XRP Healthcare: AI Low-Cap Gem on the XRP Ledger – Fixed Supply, True Scarcity, and Real-World Utility

Traders eye $71.5K Bitcoin price as open interest jumps 13%

July 17, 2024 Coin Telegraph

Traders eye .5K Bitcoin price as open interest jumps 13%

Bitcoin $71.5K

Bitcoin may be gearing up to move above $70,000 now it has reclaimed a critical level that traders have been closely watching for the past two months.

Bitcoin could be headed toward the $71,500 mark after breaching the $65,000 price point on Tuesday, based on historical patterns as observed by crypto traders.

The price rebound has also increased interest among future traders betting on Bitcoin’s near-term price movements.

“Breaking $65,000 would mean price would be ready to move inside the $65,000-$71,500 region,” pseudonymous crypto trader Rekt Capital wrote in a July 16 X post, when Bitcoin (BTC) was hovering just shy of $65,000.

XRP Healthcare: AI Low-Cap Gem on the XRP Ledger – Fixed Supply, True Scarcity, and Real-World Utility

Ethereum Futures Open Interest Hits All-Time High Following ETF Approvals

May 29, 2024 Bitcoin.com

bitcoin.com

Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately 18.4% below its all-time high. Amid fluctuating prices, ethereum futures markets have achieved a record high in open interest. […]

Open Interest

Share this video