The open interest in Bitcoin futures surpasses the 2021 bull run and reaches a lifetime high.

The open interest in Bitcoin futures surpasses the 2021 bull run and reaches a lifetime high.

Over the past month, Bitcoin’s value has increased remarkably, and at the beginning of this week, it crossed the $57,000 mark for the first time since November 2021. The surge in value of bitcoin has prompted the creation of derivatives based on the cryptocurrency, leading to an unprecedented level of open interest in bitcoin futures … Read more

9 Bitcoin ETFs Shatter the All-Time Daily Volume High

The CEO of Galaxy Digital predicts that this year, bitcoin will reach $100K, citing "runaway momentum" in spot ETFs.

As the price of bitcoin surged on Monday, nine freshly created spot exchange-traded funds (ETFs) for the cryptocurrency smashed their all-time daily volume record. A Bloomberg ETF analyst stated, “It’s official…the new nine bitcoin ETFs have broken all-time volume record today with $2.4b,” adding that Blackrock’s Ishares Bitcoin Trust (IBIT) “went wild,” shattering its record … Read more