Bitcoin Breaks $123,000 As Rising Open Interest Signals More Action Ahead
According to market reports, Bitcoin pushed up against a key ceiling this week as more money flowed into futures and spot markets. Price action has held above several support levels, and traders are watching $123,500 as the immediate test before a fresh run at records. Bitcoin Price Tests Final Resistance Bitcoin’s trading channel has held…
Demand For XRP On CME Explodes As Reports Show Over $18 Billion
Demand for XRP on the CME derivatives exchange continues to rise, providing a bullish outlook for the altcoin. This comes ahead of the potential approval of the XRP ETFs, which could further spark institutional demand for XRP. CME XRP Futures Hit New Milestone In an X post, the CME group announced that it has hit…
Ethereum To $6,800 By Year End? CME Futures Data Shows Record Institutional Demand
As Ethereum (ETH) trades in the mid $4,000 range, the Chicago Mercantile Exchange (CME) futures open interest (OI) for the digital asset continues to hit new highs. Against that backdrop, analysts are now predicting a new all-time high (ATH) for ETH later this year. Ethereum New ATH By End Of 2025? According to a CryptoQuant…
Solana Futures Market Surges As Open Interest Hits Record Levels, A Rally Brewing?
Solana’s futures Open Interest (OI) has reached a new all-time high. This record level of activity highlights growing demand and institutional participation in SOL, signaling deeper liquidity and confidence in its long-term role within the digital asset ecosystem. Derivatives Demand Highlights Rising Confidence in Solana In an X traders are placing significant bets on SOL’s…
More Pain For Bitcoin? Open Interest Surpasses $40 Billion As Longs Crowd In
After hitting a new all-time high (ATH) of $124,474 on Binance on August 13, Bitcoin (BTC) has tumbled toward $113,000, with the next major support zone around $110,000. Analysts warn that more downside could still be ahead for the top cryptocurrency. Bitcoin To Fall More? Crowded Long Trade Gives Hint According to a CryptoQuant Quicktake…
PENGU Heats Up: Nearly $600M In Open Interest Sparks Rally Talk
PENGU is finally getting serious consideration this week, with indications of strength straight out of the derivatives market. Open interest has spiked to $591 million, while overall derivatives volume detonated to more than $4.43 billion. That’s a 35% jump in open interest and a massive 291% spike in volume, based on data from Coinglass. This…
XRP Open Interest Just Hit A Fresh ATH Above $10 Billion, Will Price Follow Next?
XRP Open Interest (OI) has surged to a new all-time high, surpassing $10 billion across major crypto exchanges. This jump in futures activity comes as the XRP price climbs toward $3.48, its highest level in years. Historically, rising Open Interest has often coincided with significant price rallies, suggesting the potential for further upside in XRP’s…
Bitcoin Set To Soar? Analyst Sees Fresh $2 Billion Liquidity Triggering Next Leg Up
Bitcoin (BTC) is currently stabilizing within the $116,000 to $120,000 range. However, fresh liquidity totalling $2 billion in stablecoins could help propel the flagship cryptocurrency to new all-time highs (ATHs). Bitcoin To Benefit From Fresh Liquidity According to a CryptoQuant Quicktake post by contributor Amr Taha, more than $2 billion worth of stablecoins – primarily…
Dogecoin Social Surge: Rising Buzz And Network Use Spark New Interest
Dogecoin’s price action caught traders’ attention this week. After dipping toward the $0.13–$0.15 demand zone, the meme‑coin shot higher, and a surge in derivatives data suggests many expect more gains. Trader Interest Climbs Around $0.19 Resistance According to market data, Open Interest jumped by 16% to reach over $2 billion. Options volume exploded by 400%.…
Record‑High Ethereum Open Interest Signals Institutional Confidence
Ethereum (ETH) grabbed fresh attention on June 16 as futures open interest climbed to a yearly high of $36.56 billion. Prices bounced back above $2,600 and hovered near a key resistance level that has held for months. Traders piled into new positions, setting the stage for a big move in either direction. Futures Open Interest Hits Yearly…