On August 27, Santiment, a leading on-chain analytics provider, highlighted a significant trend in cryptocurrency markets: Bitcoin's recent "mild" price decline has led to a notable decrease in open interest (OI) for Bitcoin futures and derivatives.
Read MoreThe future of Ethereum (ETH) is a hot topic, with investors grappling with bullish and bearish predictions. But what can futures market data tell us about the sentiment surrounding Ethereum?
Read MoreFLOKI, the self-proclaimed Dogecoin killer, is facing a rough day. The meme coin's price plunged a staggering 21% in just 24 hours, according to CoinGecko.
Read MoreDuring this bullish season in the crypto community, the frenzy surrounding memecoins has been the talk of the town. Pepe and WIF have skyrocketed into the top 20 cryptocurrencies by market capitalization within just a year of their public release.
Read MoreThe daily trading volume of decentralized exchanges (DEX) on Solana [SOL] has decreased, contrasting with the figure three days prior, which exceeded $1.5 billion. This decline is notable compared to Solana's performance in April when its DEX volume reached a monthly high of $60 billion.
Read MoreAround $2.7 billion worth of Bitcoin and Ether options are scheduled to expire on May 24, offering valuable insights into market sentiment within the crypto sphere.
Read More