Bitcoin futures and perpetual contract open interest increased by 5.92% in 24 hours to $57.621 billion, indicating traders are adding leverage in BTC derivatives. Binance leads with the largest share of open interest at $10.553 billion, followed by Gate, Bybit, and OKX, showing a concentrated but slightly more balanced market. Rising open interest with modest spot price changes often precedes sharp market moves and liquidations, suggesting traders should manage risk carefully as volatility could spike if the market moves against consensus. This buildup in leverage signals a potential for increased price swings and opportunities for volatility trading strategies.
David Hoffman, co-founder of Bankless, revealed he sold his Ethereum (ETH) holdings because the 'ETH is Money' thesis has ended. He remains optimistic about Ethereum's network but believes the ETH token failed to capture enough value as the ecosystem...
Bitcoin trading volume surged during the European session, overtaking Asia and the U.S., with Binance and other major exchanges seeing significant inflows. Total Bitcoin reserves on centralized exchanges rose to about 2.47 million BTC, with steady ne...
XRP faced intense selling pressure on Binance on May 23 but managed to hold above its April support zone around $1.31, showing strong market resilience. Despite a deeper sell volume than in early April, buyers absorbed the pressure, preventing a brea...
The UK government has imposed sanctions on Huobi Global S.A., operator of the HTX exchange, accusing it of facilitating financial services for Russian-linked networks evading Western sanctions. These sanctions include asset freezes and bans on paymen...
Pi Network's token PI was listed for spot trading on Kraken in March 2026, marking its first major US-regulated exchange listing, followed by OKX opening US access in May 2026. These listings significantly improve PI's legitimacy and liquidity in the...
