News with the tag "interest"

BitcoinWorld Bank of Korea Cuts Rate: Crucial Implications for Crypto Market Big news from Asia! The Bank of Korea has just made a significant move that could send ripples through global financial markets, including the dynamic world of cryptocurrencies. If you’re invested in digital assets, underst...

Ethereum has gained bullish traction with the crypto asset reclaiming and surging past the $2,600 price level as Tuesday drew to a close. ETH’s recent upward performance has been attributed to several key factors in ETH’s market dynamics, including the Open Interest (OI). A Sharp Uptick In Ethereum ...

BitcoinWorld Forex Market Uncertainty: US Dollar Gains Tremble In the dynamic world of global finance, where every ripple can create waves felt in markets from stocks to cryptocurrencies, the recent movement of the US Dollar has caught attention. While it has shown a tendency to edge higher, a cloud...

BitcoinWorld Ethereum OI Explodes to Record Highs After SharpLink’s Game-Changing Crypto Treasury Move Wow, what a week it’s been for the Ethereum market! We’ve seen a truly significant move recently, with ETH Open Interest soaring to an all-time record high. This wasn’t just random market noise; it...

Bitcoin derivatives market just set another record. Options open interest has soared to $48.85 billion, the highest level ever recorded, according to CoinGlass data from May 26. With Bitcoin trading at $109,700, traders are placing outsized bets, including growing interest in $300,000 strike call op...

Derivatives activity surrounding XRP has surged sharply this week, with futures open interest climbing to $4.77 billion, its highest level since May 24, according to the latest CoinGlass data . At the time of writing, XRP is trading at $2.31, reflecting a 1.22% decline over the past 24 hours and a 1...

BitcoinWorld Bank of Japan Signals Crucial Rate Hikes Amid Surging Japan Inflation For those watching global markets and the potential shifts impacting cryptocurrency, signals from major central banks are always critical. The Bank of Japan (BOJ), long an outlier with its ultra-loose monetary policy,...

Billionaire investor and founder of hedge fund Bridgewater Associates, Ray Dalio, thinks it is not yet time for the Federal Reserve to ease the US monetary policy. In a new Bloomberg interview, Dalio says the Fed “should not cut interest rates” despite the pressure to do so. Dalio says that over the...

"Don't be surprised if buying activity picks up across the spectrum of products tied to BTC," CoinDesk said in Tuesday's edition of the Crypto Daybook Americas, presenting a bullish case for bitcoin. As bitcoin's (BTC) price jumped to new lifetime highs above $111K during Thursday's Asian trading ho...

Data shows the Bitcoin Funding Rates are still calm across the exchanges, a sign that investors haven’t developed excessive hype around BTC yet. Mean Bitcoin Futures Funding Rate Is Currently Hovering Around 0.007% In its latest weekly report, the analytics firm Glassnode has discussed about how the...