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Open interest in Bitcoin futures contracts on CME is now at a record 51,000
The Kobeissi Letter reported that Open Interest in Bitcoin futures contracts on the CME hit a record of 51,000. According to the market analyst, CME’s surge in open interest in Bitcoin futures coincided with the launch of spot Bitcoin ETFs last year.
Bitcoin Long-Term Holder Begin Accumulating As Metric Show A Modest Rise
Investors’ optimism and confidence in Bitcoin are rising rapidly after the flagship asset’s latest price surge to previous resistance. This growing sentiment of investors is particularly seen among Bitcoin long-term holders, solidifying its position as the leading digital asset for long-term investmBNB Price Rebound Possible: Can It Climb Back to $720?
BNB price is consolidating above the $675 support zone. The price is consolidating and might aim for a fresh increase above the $700 resistance. BNB price is struggling to settle above the $700 pivot zone. The price is now trading below $700 and the 100-hourly simple moving average. There was a brea...NewsBTC
Jan 9, 2025
BNB Price Forecast: Poised for a decline on negative Funding Rate
BNB (BNB) price hovers around $696.40 on Thursday after declining 4.58% in the previous two days. BNB’s momentum indicators hint for a further decline as its Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) show bearish signals.
Fxstreet
Jan 9, 2025
Is Grok getting the so-called “Unhinged” AI feature soon?
xAI’s website shows an updated FAQ that provides insight into Grok’s so-called Unhinged Mode. The update states that Unhinged Mode is meant to create responses “intended to be objectionable, inappropriate, and offensive.” The FAQ section compares this feature to an amateur stand-up comedian “still learning the craft.” However, the feature doesn’t appear to be live yet. […]Cryptopolitan
Jan 9, 2025
Is Bitcoin Ready for Quantum Computing? CryptoQuant Weighs In on the Risks
The rapid advancements in quantum computing which sparked growing concerns within the cryptocurrency sector late last year, particularly regarding Bitcoin’s long-term resilience seem to have once again resurfaced. CryptoQuant, an on-chain data analytics platform, recently highlighted these ris...Bitcoinist
Jan 9, 2025
Bitcoin As The New S&P 500 Of Our Time? This CEO Thinks So
Anthony Pompliano shares a different perspective on Bitcoin. According to the CEO of Professional Capital Management, Bitcoin is creating a novel position in the investment sector. He recently compared the world’s leading crypto asset to the S&P 500, implying that it has become the preferr...NewsBTC
Jan 9, 2025
Ethereum Price at Risk: Could $3K Be Tested Soon?
Ethereum price failed to clear the $3,450 resistance and extended losses. ETH is struggling and might continue to move down if it stays below $3,500. Ethereum started a fresh decline from the $3,450 zone. The price is trading below $3,400 and the 100-hourly Simple Moving Average. There is a connecti...NewsBTC
Jan 9, 2025
Solana Must Reclaim Momentum In The Coming Weeks – SOL/BTC Ratio At A Pivotal Point
Solana is currently trading at $197, marking a 13% decline from the local high it achieved earlier this week. The broader cryptocurrency market is experiencing heightened indecision, with some fear creeping in as Bitcoin struggles to reclaim the pivotal $100,000 level. This hesitation has created ri...NewsBTC
Jan 9, 2025
Solana on Path to $250 in Days, While Kaspa Aims at $0.5, A New Popular Coin Lightchain AI Is Dominating the Presale Market
As the cryptocurrency market evolves, several tokens are making waves. Solana (SOL) is on the rise, with analysts predicting it could hit $250 soon. Kaspa (KAS), known for its high-speed transactions, is also gaining traction with a target of $0.5. Meanwhile, a new player is set to dominate the presale market – Lightchain AI. Currently […]Cryptopolitan
Jan 9, 2025
Bitcoin Price Faces Mounting Pressure: Bears Take the Lead
Bitcoin price extended losses and traded below the $95,000 zone. BTC is correcting gains and might struggle to recover above the $96,500 level. Bitcoin started a fresh decline from the $97,500 resistance zone. The price is trading below $97,000 and the 100 hourly Simple moving average. There is a co...NewsBTC
Jan 9, 2025
Boring? Binance Founder Downplays Bitcoin $100K Milestone With A Bold Remark
A former executive of the world’s largest cryptocurrency exchange expects that Bitcoin could soar higher than the $100,000 level. Former Binance CEO Changpeng Zhao believes that the firstborn cryptocurrency is capable of hitting a higher price point, following its brief recovery to $100,000 on Tuesd...NewsBTC
Jan 9, 2025
El Salvador Pushes Crypto Forward, Grants Bitfinex Derivatives License
Bitfinex Derivatives has taken a big step forward by getting a Digital Asset Service Provider (DASP) license in El Salvador. With this move, the platform can now offer more derivatives trading services in Latin America. With this license, Bitfinex plans to take advantage of El Salvador’s suppo...Bitcoinist
Jan 9, 2025
Bitcoin Reserve Plan Called ‘The Dumbest Idea Ever’ By Fed, Expert Unveils
In a striking revelation on the latest episode of the Coin Stories podcast, host Nathalie Brunell interviewed The Digital Chamber founder & CEO Perianne Boring, who disclosed an unvarnished and previously unknown response from members of the United States Federal Reserve.Bitcoinist
Jan 9, 2025
Oklahoma proposes legislation to allow state workers and vendors to be paid in Bitcoin
Oklahoma State Senator Dusty Deever has introduced the Bitcoin Freedom Act (SB325). This bill seeks to allow citizens to escape the existing financial systems as prices continue to soar. The bill, filed for the 60th legislative session on February 3, aims to let Oklahomans get paid in Bitcoin and accept it as a form of […]Cryptopolitan
Jan 9, 2025
XRP Price Eyes Bullish Flag Breakout That Could Put 50% Gains On The Board
Despite recent declines and volatility, a crypto analyst has declared that the XRP price is on the cusp of breaking out of a bullish flag pattern. According to the analyst, a successful breakout of this bullish flag could result in a massive 50% price gain for XRP, bringing the cryptocurrency closer...NewsBTC
Jan 9, 2025
