Global #Open Interest

Crypto lending rates on Bitfinex have skyrocketed to a staggering 30% APR, nearly triple the exchange's average. This surge suggests that large spot traders are heavily increasing their positions, brimming with confidence in significant price increases.

The cryptocurrency market is buzzing with anticipation as Bitcoin flirts with the $70,000 price level, fueled by a perfect storm of factors that could propel it to new all-time highs.

As the U.S. presidential elections unfold, Polymarket has emerged as a significant player in the prediction market space, allowing users to bet on election outcomes and various events.

For the first time since July, Book of Meme (BOME) has reached a price of $0.011, following an impressive 62% increase in the past week. This rally has sparked excitement among investors, with key indicators suggesting that a larger breakout may be on the horizon.

The Open Interest (OI) weighted funding rate for Bitcoin has surged to 0.012%, a level not seen since July 27, when Bitcoin briefly touched $68,000.

Binance Coin (BNB) has been consolidating in recent months, following its record high of $720 in 2024. However, there are several indicators suggesting that a bullish rally may be on the horizon.