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#Bitcoin News
Bitcoin Open Interest Surges to 19-Month High

Bitcoin Open Interest Surges to 19-Month High

The Bitcoin open interest can frequently predict the future direction of the Bitcoin price, contingent on whether the metric is ascending or descending. Bitcoin open interest has increased significantly, attaining levels not seen in the

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CME Ranks Second in Bitcoin Futures Market with $3.58 Billion OI

CME Ranks Second in Bitcoin Futures Market with $3.58 Billion OI

In terms of notional open interest (OI), the regulated Bitcoin Futures market Chicago Mercantile Market (CME) is now ranked second among BTC futures exchanges, barely behind Binance. On October 30, CME's open interest (OI) reached

#Bitcoin
JPMorgan Report Highlights Rising Optimism for BTC ETF Approval

JPMorgan Report Highlights Rising Optimism for BTC ETF Approval

In a research report published on Wednesday, JPMorgan (JPM) stated that optimism regarding the approval of a spot bitcoin (BTC) exchange-traded fund (ETF) by the United States Securities and Exchange Commission (SEC) continues to rise.

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CME Group Expands Crypto Reference Rates to Asia-Pacific

CME Group Expands Crypto Reference Rates to Asia-Pacific

CME Group, a derivatives marketplace, is introducing Bitcoin and Ethereum reference rates for the Asia-Pacific region, a further indication of the region's expanding institutional interest in cryptocurrencies. CME Group, a derivatives marketplace, announced on August