Open interest in Bitcoin has soared to $46.59 billion."

Crypto 7x24

2024-11-08 16:14:16

3571

Internet reports that open interest in Bitcoin has soared to $46.59 billion, an increase of 13.3% since November 5. While high open interest contracts usually sound alarm bells, a positive funding rate of 0.0100% suggests that traders are still confident bullish.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlash

Fed's megaphone: The Fed is expected to maintain interest rates slightly above neutral in the future "
18:18
NFT project Rekt Drinks parent company Rekt completes US$1.5 million seed round of financing
18:18
The Beta Finance team deposited 170 million BETA, approximately US$7.37 million, with Binance 4 hours ago."
18:17
Wintermute received 267 million MANEKI 19 hours ago, accounting for 3% of the total token "
18:17
The pressure on directly arranging 10 trillion yuan of local government debt will be greatly reduced."
18:16
OKX and the boarding community launched the second phase of an open video class to share the practical guide for OKX DEX Widget "
18:16
The turnover of 6 Hong Kong virtual asset ETFs today was HK$29.55 million."
18:15
Parasail and Axelar reach strategic integration and launch the first DePIN cross-chain pledge feature "
18:14
The Standing Committee of the National People's Congress approved an increase of 6 trillion yuan in local government debt limit."
18:14
OKX Cryptopedia launches a new reward model in issue 26 "
18:14
OKX Cryptopedia launches new reward model in issue 26
16:17
SOL has surpassed BNB in market value to become the fourth largest cryptocurrency by market value "
16:16
Musk: X platform utilization reached 434.1 billion yuan, a record high "
16:16
CryptoQuant CEO: Current Bitcoin address return level is at the mid-cycle "
16:15
1910 bitcoins were withdrawn from Binance in the past day from 10 new addresses "
16:14
Open interest in Bitcoin has soared to $46.59 billion."
16:14
If Bitcoin exceeds US$78,000, the cumulative clearing intensity of mainstream CEX will reach 1.543 billion."
16:13
WSPN was invited to participate in the Singapore Financial Technology Festival to expand the stablecoin payment landscape."
16:13
Galaxy Research Director: From a fundamental perspective, the market does not appear to be overheated "
16:12
OKX releases the second phase of brand safety TVC and continues to strengthen user safety education."
16:12
Smart weather data network operator SkyX completes $1 million Pre-Seed financing round "
16:11
A man in Hubei was sentenced to 11 years and six months in prison for robbing more than 40,000 TEDA coins with a knife."
16:11
A man in Hubei was sentenced to 11 years and six months in prison for robbing more than 40,000 TEDA coins with a knife
14:20
Upbit will launch DRIFT Korean won, BTC and USDT trading pairs "
14:19