Open Interest surged to $3.22 billion Thursday to levels not seen since February.
Market Capitalization News
Market capitalization is the total market value of all issued shares of a company. Market capitalization can be found with the number of all issued shares multiplied by their market cost. In terms of Bitcoin, the market capitalization of cryptocurrency has its own special features compared with the traditional market capitalization definition. Market capitalization of Bitcoin is the total value of all virtual issued money. A rising market cap is an important indicator for future investors because it means that the crypto industry is being developed and that digital money is becoming more and more popular for making transactions. Currently, the largest number belongs to the market capitalization of Bitcoin, as it is the first digital currency to appear and has the most developed infrastructure.
- 1786
The inverted head and shoulders pattern hints at a decisive breakout move in the Polkadot market.
8369The sharp upside retracement surfaces as retail frenzy around Shiba Inu hints at testing May peak levels.
53695A confluence of at least three different bearish indicators appears on Ethereum's multi-timeframe charts, suggesting that its ongoing bull run risks exhaustion.
22708SHIB is notably mirroring its mentor Dogecoin's price moves from the Feb.–April 2021 session, raising possibilities of dump ahead.
54656Abracadabra.Money enables users to provide collateral via interest-bearing tokens and borrow the Magic Internet Money stablecoin against their holdings.
9767The eerie deja vu scenario can see Ether hit $13,000 within six months if history repeats.
96945Three bullish indicators converge as Ethereum’s native token, Ether, climbs over 9% on Oct. 1 to cross $3,000, a psychological resistance level.
56404The flagship cryptocurrency has closed October in profit seven out of nine times since 2013, raising hopes that it will be able to log a fractal bull run in the next 31 days.
33057The Ethereum block producers accumulated $6.1 billion worth of ETH tokens after the Aug. 5 network upgrade.
13483Ether prices recovered on Sunday amid a market-wide upside correction while receiving an additional upside boost from a bullish JPMorgan Chase report.
30681The sharp bounce back in the Avalanche market still faces risks of exhaustion as the price forms a bearish wedge setup.
5592Nonetheless, the Dogecoin-knockoff token was down by more than 80% from its record high of $0.00005.
37897The success rate for cup-and-handle patterns in forex and stock markets, on daily timeframes, are 65% and 68%, respectively, per a Harvard study.
39139The Alonzo upgrade did little in protecting Cardano from falling in tandem with the rest of the cryptocurrency market, though bullish technical factors remain.
55832