open interest

ETH Open Interest Soars! Will Ethereum Price Follow?

ETH Open Interest Soars! Will Ethereum Price Follow?

Ethereum is all the rage in crypto these days, and with good reason. The blockchain platform has continued to hum with activity. Because its open interest (OI) in futures contracts has shot to record levels. If this is the first you’ve heard of this idea, here’s how it works. Open...

Ethereum's Price Surges Amidst Rising Open Interest

Ethereum's Price Surges Amidst Rising Open Interest

Ethereum, for one, had a spectacular comeback. Specifically, it has increased by 5.2% in price and daily trading volumes have exploded by 88%, now reaching $22.5 billion. Open interest in Ethereum is approaching $40 billion, a mark not seen since mid-October. This unique mix of fundamentals has led many to...

Ethereum's $40B Open Interest: Is This the Calm Before the Storm?

Ethereum's $40B Open Interest: Is This the Calm Before the Storm?

As such, my cousin, bless her heart, called me up last week. She’s a teacher, works very hard and just recently was able to save up a little nest egg. "I'm thinking about putting it all in Ethereum," she said, her voice brimming with excitement. "I saw it on TikTok!...