A Russian company has announced the country’s first authorized transaction with digital financial assets (DFAs) involving a foreign currency, China’s yuan. The deal, reportedly the largest made to dat...
Tag: Denominated
Decline In Bitcoin Denominated Open Interest Sees Funding Rates Fall Below Neutral
Bitcoin funding rates have been on a bearish trend in recent months. It has now spent one of its longest stretches in neutral and below neutral territory. But even with the recovering prices and senti...
Why did ‘ETH denominated OI on CME climb to highest level since early April’
Ethereum [ETH], the largest altcoin continues to see alarming signals concerning its price on a weekly basis. ETH remained in a bearish zone below the $1,280 and $1,250 resistance levels. Now, ETH sta...
Ethereum Denominated Open Interest Skyrockets As Price Declines
Ethereum has seen more interest in recent days. Most of it has come from the price decline of the digital asset which has allowed investors to get in at a much lower price. This interest can be easily...