Bitcoin derivatives markets are showing strong recovery despite recent price corrections, with futures open interest reaching $61.9 billion across exchanges. Binance and CME lead in futures positions, highlighting significant institutional involvement, especially on CME where the open interest to volume ratio is highest. Options trading shows a bullish bias with call options dominating volume, though put options remain important for hedging downside risks. Key option expiry levels around $80,000 are expected to influence Bitcoin's price movements in the near term, with institutional investors maintaining cautious hedging strategies amid rising market activity.
Bitcoin dropped 2.5% to about $62,674 on June 23, pressured by the Federal Reserve's hawkish outlook and six consecutive weeks of Bitcoin ETF outflows totaling over $6 billion in the past month. The Fed's stance on maintaining or raising interest rat...
Engineering and construction costs continued to increase in June, according to the Engineering and Construction Cost Indicator by PEG and S&P Global Market Intelligence. However, fewer respondents reported higher prices, with the materials and equipm...
Arbitrum's ARB token is under significant bearish pressure, dropping roughly 96% from its all-time high and experiencing double-digit losses in the last 24 hours. Long traders faced liquidations totaling over $750,000, while shorts lost under $7,500,...
NETSOL Technologies has formed a strategic partnership with Stockholm-based Applicon Financial Solutions to accelerate its expansion in the Nordic region. This collaboration aims to help Nordic banks and finance companies modernize their core technol...
At PetroTal's annual general meeting on June 23, 2026, shareholders representing 43.3% of shares approved all resolutions, including electing eight directors, appointing Deloitte LLP as auditors, granting share units, and authorizing a share consolid...
