BITCOIN DERIVATIVES

Crypto

WBTC Hits New High on Aave, Coinbase’s Wrapped Bitcoin Supply Soars – Bitcoin News
Byaea2ede5_admin September 27, 2024

It’s been 48 days since Bitgo revealed its partnership with Bit Global on Aug. 9, 2024. Since that announcement, the supply of wrapped bitcoin (WBTC) held on Aave V3 has soared to a new peak. Meanwhile, cbBTC, the bitcoin derivative token from Coinbase, has hit a market cap of $247.8 million. Bitcoin Derivative Landscape Shifts…

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Crypto

Bitcoin Derivatives Positions Piling Up Again: Prepare For Chaos?
Byaea2ede5_admin September 24, 2024

Data shows the Bitcoin Open Interest has been heading up again recently, a sign that volatility could be coming for the asset’s price. Bitcoin Binance Open Interest Has Registered A Notable Increase Recently As explained by an analyst in a CryptoQuant Quicktake post, the BTC Open Interest on Binance has risen to $28.3 billion recently….

Read More Bitcoin Derivatives Positions Piling Up Again: Prepare For Chaos?