The lifting of the barrier that is the approval of ETFs could lead institutional investors to pour an unimaginable flood of money into these new financial products.#BitcoinPrice2024
🚀 Despite alarmist bitcoin forecasts, #binance Pay has made waves in the tumultuous ocean of the market #crypto It shows a dizzying 70% increase in its number of users. #bnb
⚡ While the hashrate has soared by 102% in 2023, and the#halvingapproaches,#bitcoinminers continue to strengthen their operations. Mining giant Cleanspark wants 10% of global hashrate#bitcoin #Mining
#Bitcoin : 🚨 Open Interest of BTC futures on CME exceeds $6 billion While BTC recently crossed the $47,000 mark, Open Interest for Bitcoin futures reached a record level.
The Open Interest of Bitcoin contracts on the rise:
Bitcoin futures open interest hit a record $5.4 billion. The recent increase exceeds the previous record of $4.5 billion in November 2021. The data indicates increased participation by institutional traders.