Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.
The world's largest cryptocurrency rallied to a 17-month high of $35,000 on Tuesday after the ticker for a BlackRock ETF showed up on the Depository Trust & Clearing Corp. website.
The breakout above the $31,800 resistance level coincided with a drop in open interest, a metric that assesses the notional value of all derivatives positions, across crypto exchanges, according to. The decline, which reflects retail investor interest, contrasts with open interest on the Chicago Mercantile Exchange , a venue favored by institutions, topping 100,000 bitcoin for the first time.
CME's market share has increased to around 25%, approaching that of Binance's perpetual market, according to Vetle Lunde, a senior analyst at K33Research. CME has also captured an 80% market share for all traditional expiry futures.There was also intense buying pressure in Asia, with the Hong Kong CSOP Bitcoin Futures ETF reaching $22.37 million in trading volume on capital inflows of $17.64 million, a record for both volume and inflows.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Bitcoin jumps near 18-months high by 6 pct amid ETF speculationBitcoin rises to $35,198 as speculation regarding an exchange-traded bitcoin fund mounts.
Baca lebih lajut »
Market Momentum Mapped Through Bitcoin Spark, Chia, and Bitcoin Gold’s Growth GuideCrypto Blog
Baca lebih lajut »
Christopher Bell punches ticket to NASCAR championship race, wins rollercoaster race at HomesteadChristopher Bell, who entered the race below the playoff cutline, will compete in his second straight championship race. He beat Blaney by 1.651 seconds Sunday and only led 26 of 267 laps in a chaotic race in which three playoff drivers did not finish.
Baca lebih lajut »
Christopher Bell punches ticket to NASCAR championship race; wins rollercoaster race at HomesteadChristopher Bell took his first lead with 15 laps to go and held off Ryan Blaney for a win at Homestead-Miami Speedway that locked him into next month’s NASCAR Championship finale. Bell, who entered the race below the playoff cutline, scored his second win of the season. He beat Blaney by 1.
Baca lebih lajut »
California man gets year in prison for sending vile messages to father of gun massacre victimA California business owner will spend a year in federal prison for sending more than 200 vile online messages to a father whose daughter was killed in a Florida school massacre
Baca lebih lajut »
MCPSS considers sending out survey to parents on topics including corporal punishmentThe school systems wants to get parents' opinions on several topics.
Baca lebih lajut »