Bitcoin Shows Strength, But Binance Open Interest Divergence Flags Caution
Although Bitcoin (BTC) continues to hold above $107,000 – trading just 3.8% below its latest all-time high (ATH) – on-chain data reveals emerging warning signs that warrant attention. These signals hint at potential market exhaustion, suggesting that BTC may be due for a short-term correction or consolidation. Bitcoin Price Diverges From Binance Open Interest According […]
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Per a report from the Wall Street Journal, giants Amazon and Walmart are looking into launching their own digital assets. According to the report, the merchants might issue in-house stablecoins to save billions of dollars on fees and payment transactions. Related Reading: Bitcoin Shows Strength, But Binance Open Interest Divergence Flags Caution The report stated: […]
Data shows the XRP Open Interest on cryptocurrency exchange Binance has seen a significant drop recently, a sign traders are repositioning. XRP Binance Open Interest Has Dropped To $1.1 Billion As pointed out by an analyst in a CryptoQuant Quicktake post, XRP traders on Binance have closed off futures market positions recently. The indicator of […]
Data shows a divergence is forming between Bitcoin and Ethereum’s open interest, something that has been bullish for BTC in the past. Bitcoin Open Interest Has Declined, While Ethereum Has Seen Rise According to data from the on-chain analytics firm Santiment, the BTC open interest has been going down since Monday. The “open interest” here refers to the total amount of Bitcoin contracts (in USD) that are currently open on the futures and options market. When the value of this metric increases, it means that there are more positions being opened up on derivative exchanges....
Open interest and liquidity across Binance crypto and Bitcoin derivatives markets have vastly improved, suggesting investors’ confidence in the sector. As such, 2020/2021 for Binance has been a breakthrough for derivatives markets. Such hiccups have Led to the current meteoric rise of Binance Futures. Binance Faces Regulation Defaults While Binance luxuriates on this achievement, it […]
After failing to hit a new all-time high (ATH) of $5,000 in August 2025, Ethereum (ETH) may finally be ready to breach the psychologically important price level. A decline in Binance open interest suggests that ETH is likely close to a local bottom, ready for its next leg up. Ethereum Open Interest Declines, Is Local Bottom Close? According to a CryptoQuant Quicktake post by contributor burakkesmeci, Ethereum may be nearing a local bottom. The analyst referred to the Binance ETH open interest (OI) hourly timeframe metric for their analysis. Related Reading: Ethereum Marches Upward Without....