Tag: Binance

Ethereum open interest rose 2.3% in ETH on Binance as its dollar value fell 6.6%

Ethereum open interest on Binance rose in coin quantity while dropping in dollar value. Tracking ETH units alongside USDT value separates actual futures exposure shifts from asset price repricing during market movements.

Why XRP’s 63 billion circulating tokens don’t tell buyers what’s for sale

Analyzing XRP circulating supply figures reveals why headline numbers do not accurately indicate the actual volume of tokens available for purchase, as buyer price tolerance and specific sell orders dictate true market availability.

Bitcoin keeps losing ground when Wall Street opens as Coinbase discount deepens

Bitcoin faces intensified downward pressure during US trading hours as valuations on Coinbase slide to a $64 discount compared to Binance, though most losses concentrated across just two specific sessions.

Ethereum bears keep selling but ETH price stays near $2,700 as US spot ETFs record $206M in outflows

Ethereum spot ETFs recorded significant outflows while derivatives traders executed aggressive sales. Despite bearish pressures and shifting dormant tokens, the ETH price held steady near $2,700.

Ten tokens held 62% of altcoin futures exposure, but shared collateral can put other positions at risk

A Talos report reveals ten tokens held 62% of altcoin futures exposure, with record-high open interest relative to market capitalization and volatile funding rates across platforms like Binance and Hyperliquid.

Bitcoin hits $85,000 after $648M wipeout forces mass buying

Bitcoin surged past $85,000 as mass short liquidations forced a rapid rally. The digital asset cleared key technical indicators, though underlying network activity remained subdued compared to derivatives trading.

Offshore Bitcoin futures crash 97% as traders abandon traditional risk

Offshore Bitcoin dated futures volume has crashed 97% since 2021 as traders split their activity between perpetual futures and options, according to Glassnode and CryptoSlate data.

Anthropic’s potential $2 trillion IPO is fueling an $80 million crypto trade

Anticipation surrounding Anthropic's potential $2 trillion IPO has driven nearly $80 million in crypto derivatives trading, highlighting a growing trend of crypto exchanges pricing private artificial intelligence firms before their public market debuts.