Open Interest In XRP Skyrockets To Record $1 Billion Amid Excitement Over Ripple’s Upcoming Stablecoin Launch

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Dogecoin Futures Rack Up Nearly $90M in Liquidations Over Weekend in Unusual Move

There’s $647 billion of open interest on dogecoin futures as of Monday.

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Ethereum OI Hits $7.7 Billion, Why A Rally Might Be In The Works

Ethereum open interest (OI) had seen a meteoric rise in the weeks leading up to the Ethereum Merge. Even after the Merge, the open interest has not declined, given all of the new interest from institutional investors following the network’s move to a proof of work mechanism.

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Crypto Lender BlockFi Had $1.8B in Open Loans at End of June and $600M of Exposure

Crypto lender BlockFi has $1.8 billion in open loans and $600 million in exposure, suggesting that loans are collateralized at a ratio of 2:3.

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How DAOs Open Doors for the Unbanked

It’s a new, borderless world, and DAOs hold the key to economic opportunity for billions of people, including the world’s 1.7 billion unbanked adults.

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Solend pays users to vote on proposal to liquidate whale wallet OTC and avoid “bad debt”

Solend, a Solana-based lending platform with over $1 billion in deposits, has voted on a governance proposal to take over a whale’s account so that funds can be withdrawn instead of automatically liquidated on the open market.

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With UST's depegging 'LUNA-cy' out in the open, regulators begin to get jittery

“You get regulated!” “You get regulated!” “Everybody gets regulated!” The Terra LUNA crash that led to the bleeding cryptocurrency market of $830 billion in market value has led rThe post With UST's depegging 'LUNA-cy' out in the open, regulators begin to get jittery appeared first on AMBCrypto.

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Dubai Issues Crypto Business License to Bybit. Operations to Begin April

Bybit, the world’s third-largest cryptocurrency derivatives exchange with a peak daily trading volume of $76 billion has announced plans to move its global headquarters to Dubai after receiving the green light to open shop in the region.

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The Mosque NFTs to mint 12,000 Shariah Compliant Digital Mosques on Ethereum

In 2021, over $40 billion of NFTs changed hands, marking a 20X increase from 2022, thrusting NFTs into the limelight, demonstrating the use cases of yet another blockchain innovation. NFTs bear similarities with cryptocurrencies in that both deploys from a public chain and their transactions are open and, thus, can be traced.

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Bitcoin Futures Overheat With $1.5 Billion Jump As BTC Breaks $44k

On-chain data shows Bitcoin futures open interest has jumped up more than $1. 5 billion in just a few hours as the crypto’s price breaks past $44k again. Bitcoin Futures Open Interest Adds More Than $1.

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Bitcoin Gains $20 Billion After Russia Mulls Accepting BTC For Natural Resource Sales

This resurgence comes after Pavel Zavalny, the chairman of the Energy Committee of the State Duma of the Russian Federation said that Russia was open to accepting Bitcoin in addition to currencies by its allies when purchasing its natural resources.

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Ripple to give out 1 billion XRP in developer grants

The first two waves of the XRPL grant have offered $6 million in funding to 50 open source projects built on the XRP ledger.

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DEX Unlimited: How Ray.sX Builds an Open Apps Marketplace for the World of Decentralized Finance

The DeFi market capitalization in 2021 reached $170 billion. At the same time, the opportunities of many decentralized platforms are still limited. Currently, DEXs have only a basic set of services for users, such as growing liquidity or lending.

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Decentralized Derivatives Exchange SynFutures Crosses $3 Billion in Cumulative Trading Volume

Next-generation derivates trading platform SynFutures has surpassed $3 billion in cumulative trading volume and 55,000 total users, data from Dune Analytics shows. SynFutures Continues to Witness Rising Adoption SynFutures’ $3 billion cumulative trading volume milestone comes merely four months after the platform’s open beta launch.

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Animoca Brands raises $358 million to grow the open metaverse

In the latest round of funding, Australian metaverse company Animoca Brands raises over $358 million, 358,888,888 to be exact – 8 being considered a lucky number in many parts of Asia and the crypto community at large – at a slightly beyond $5 billion pre-money valuation.

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Bitcoin's $6.1 billion options expiry was not enough to break the bearish sentiment

Bulls had a 90% higher open interest coming into Dec. 31 options expiry but bears managed to balance the scales at $47,175.

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Stablecoins Are Becoming Increasingly Key To The Bitcoin Economy

As an increasing part of the bitcoin economy, stablecoins are collateralizing $7.21 billion of bitcoin futures open interest.

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Data: Bitcoin Crash Flushed Out $5.4B In Futures Within Hours

Data shows the Bitcoin crash from a few days ago flushed out $5.4 billion from futures open interest within the matter of hours. Cascade Of Long Liquidations Lead To 24.5% Reduction In Futures Open Interest As per the latest weekly report from Glassnode, when the price of Bitcoin crashed down to $42k a few days […]

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DEX aggregator 1inch closes $175 million funding round, wants to 'open doors to DeFi'

DEX aggregator 1inch Network closed a $175 million Series B round of funding, as per reports. With that, the liquidity sourcing business is now valued at a massive $2.25 billion. Hong Kong-based AmberThe post DEX aggregator 1inch closes $175 million funding round, wants to 'open doors to DeFi' appeared first on AMBCrypto.

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Coinbase shares to open lower after 75% drop in net income in Q3

Coinbase posted total net revenue of $1.235 billion in Q3 falling 30% short of FactSet estimates of $1.614 billion.

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The Multi-Chain XSWAP on ABEYCHAIN is Open to Users, 1 Billion XT Available For Liquidity Providers and Stakers

XSWAP, a decentralized exchange on ABEYCHAIN, is now available to users. According to the ABEY Foundation, this is after a successful limited release testing. This good news follows two prestigious nominations by AIBC Malta for ABEY — Blockchain Solution of the Year and DeFi Project of the Year.

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Data shows Polkadot crashes after reaching $1B open interest — Will it happen again?

Polkadot (DOT) price crashed both times its futures open interest clipped $1 billion. Should traders expect a correction now that open interest is over this figure?

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Why a 6-month-high Bitcoin open interest could spell trouble

Data from blockchain intelligence firm IntoTheBlock shows Bitcoin perpetual swap open interest (PSOI) hit close to $18 billion on Monday – a level not seen since mid-April, marking a 26 week high.

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CME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K

Open Interest surged to $3.22 billion on. Oct. 14 to levels not seen since February.

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Crypto Punks, Axie Infinity, and Open Sea have done more than $10.35 billion in sales combined

The NFT market is outperforming the majority of crypto tokens right now. People are starting to view non-fungible tokens as a new asset class that derives value in a  completely different way.

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Derivatives data suggests Solana has reached a short-term top

SOL's futures open interest recently hit $1 billion and while the recent price swing liquidated leveraged longs, data suggests the short-term top is not a bearish trend reversal.

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Open Interest For Ethereum Sees Sharp Resurgence, Hits New All-Time Highs

Ethereum has registered a new all-time high of $7. 8 billion on open interest in perpetual futures contracts as the entire crypto market continues to witness an increased interest in crypto derivatives.

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$500B German Asset Manager is Considering Adding Bitcoin to A ‘Handful’ of Private Funds

Union Investment, a $500 billion Germany-based asset manager, is testing a pilot program with Bitcoin exposure certificates. If the program becomes a success, it will also open Bitcoin exposure to other funds.

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Over $4 Billion In Bitcoin Open Interest Has Just Been Cleared Amid Sell-Off — New Data Unveils Where Crypto Market Is Headed

The Bitcoin sell-off that recently caused the price of the big bull to slump saw Bitcoin lose over $4 billion in open interest. On-chain analytics platform Glassnode has branded the event as “the most significant leverage flush out since the sell-off in mid-May.

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Ethereum (ETH) Leads the Way as Crypto OI Spikes to $37 Billion

Open interest (net value of unsettled derivatives contracts) on crypto markets is back to May levels

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Crypto Whales Move $1 Billion in Ethereum, While ETH Open Interest Soars to $8 Billion

Large wallets shift over $1.4 billion worth of Ethereum as ETH perpetual OI soars and ETH keeps holding at the recent high

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Bitcoin Options Open Interest Hits $7 Billion While Traders Are Betting on $50,000 Strike

More traders are opening $50,000 call options. But how will it reflect on the current market?

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Tether in ‘Open Dialogue’ with DOJ, says Company on Report of its Executives Being Under Probe for Bank Fraud

The dominant stablecoin with 62. 15 billion circulating supply also blasted Bloomberg’s report as “repackaging stale claims” from years ago to “generate clicks,” adding that it is business as usual for the company.

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What to Expect as $2.1 Billion Worth of Bitcoin Options Expire Tomorrow

At this time when the cryptocurrency market is continuously nursing losses, a rerun could go a long way in softening the bearish blows. A short term Bitcoin bull run might be underway With 55,000 Bitcoin options expiring this Friday, leading to a $40,000 open position at a $130 million spot price, the market could be […]

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CME Bitcoin Open Interest Increases by 850 Contracts This Week

Black Wednesday ended up wiping out more than $7. 5 billion in Bitcoin open interest and is currently at levels last seen in early February. With almost all the 2021 uptrend retracted by the market and billions of dollars cleared out in liquidations, it makes sense that the OI would also get more than halved.

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Chance of a price crash increases as Cardano (ADA) futures near $1B

ADA's price crashed the last time its futures open interest reached $1 billion, leading traders to question whether or not it is about to happen again.

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Exeedme’s Launches OPEN BETA Competition with Over $10,000 in Prizes

Exeedme, a Portugal-based gaming company, has announced that their Play2Earn platform is now open to the wider public. The company has a stated goal of redirecting the global gaming market (worth 170 Billion USD) from a model that profits from gamers to one that allows gamers of all skill sets to earn money while playing. […]

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Over $4 Billion in Bitcoin Options Set to Expire Friday, BTC Derivatives Markets Still Frothy

Bitcoin options markets are set to see a large expiry on Friday as more than 77,000 BTC worth over $4 billion in derivatives contracts are set to expire. The lion’s share of bitcoin options stems from the derivatives trading platform Deribit, as the exchange has more than $11 billion in open interest today. Sizzling Hot […]

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CME Bitcoin Futures Traders Makes No Significant Changes in Position, Despite Weak Price Action

A total of 8,680 BTC, worth roughly $2. 3 billion at the price of $53k per BTC, is the open interest (OI) on Bitcoin futures on CME Group, as of April 23rd. The OI on CME has declined by roughly 850 contracts as spot prices made a pullback last week.

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Ripple Open To Burning Nearly 50 Billion XRP Locked In Escrow – CEO Brad Garlinghouse

Ripple has been in the news for some undesired reasons of late, especially due to the ongoing case pitting the company against the US SEC. However, that hasn’t stopped Ripple’s crypto, XRP, from blossoming, although it hasn’t gained by much compared to other top cryptos like Bitcoin and Ethereum. For years now, members of the […]

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Record $8B open interest on Ethereum futures shows the pros are 'here'

Analysts say billion-dollar liquidations are less of a risk even as the open interest on Ethereum futures hit a new high at $8 billion.

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XRP futures open interest reaches $1.2 billion record

Positive news regarding the Ripple–SEC lawsuit saw XRP's price rally above $1 and its futures open interest to reach an all-time high.

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Polkadot futures open interest hits $1B as DOT price reaches a new ATH

The open interest of Polkadot futures soared to $1 billion, eclipsing Litecoin and XRP to make DOT the third-largest futures market.

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$2.52B in bearish Bitcoin options signal pro traders are hedging their bets

The open interest on bearish put options has risen to $2.52 billion as traders look for protection against a BTC price drop to the $40,000–$50,000 range.

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BTC Futures Open Interest Hits $23B, Binance Captures Lion’s Share, Signals Say 43% Chance of $64K Bitcoin by Month’s End

Bitcoin futures open interest on Monday has crossed $23 billion according to data recorded on April 5. The crypto asset exchange Binance has taken the lead as far as open interest in bitcoin futures is concerned with a massive $10.

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Bitcoin Stumbles as $6 Billion Options Near Expiration

Applying “Max Pain” According to data from cryptocurrency market analysts Bybt, the market faces a record $6 billion worth of bitcoin (BTC) options coming to expiration this Friday. The gigantic figure is a direct result of a sustained increase in open interest on bitcoin options market-wide.

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Taking the Blockchain Promise A Step Further – the DeFi Movement

With over $13 billion locked across them, Decentralized Finance or DeFi protocols are eyeing astronomical growth in the years to come. In offering a global, open substitute for every financial service the world uses – savings, loans, trading, insurance, and more – DeFi is poised to take blockchain’s promise of universal accessibility a step further.

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Bullish uptrend intact as Bitcoin futures open interest hits $22.5B

Bitcoin may be en route to retest underlying support levels but the record $22.5 billion open interest on BTC futures shows bulls expect the uptrend to continue.

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Bitcoin futures open interest hits new ATH as traders flock to derivatives

Traders are racing to speculate on Bitcoin in the derivatives markets, with open interest in BTC futures approaching $20 billion for the first time.

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