Bitcoin open interest grows $500M before SEC lawsuit with Binance, highest level since SVB collapse

exchange68September 13, 2024

0 0 2 minutes read

Quick Take A futures contract is an agreement between two parties to buy or sell an asset (in this case Bitcoin) at a predetermined price at a specific future date. These are used for hedging risk or speculating on price changes. Open interest is the total number of these contracts that are currently “open” — […]

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