report

Binance regains top spot in open interest, but what are the takeaways from January?

In its monthly report, Binance reveals that BTC spot ETFs were the biggest story in the crypto market in January, and summarizes other blockchain market insights for the month.

-Overall crypto market capitalization rose 0.4%.
-BTC spot ETFs saw net inflows of $1.4 billion... despite outflows of over $5.6 billion in gray-scale GBTC.
-Decentralized crypto derivatives exchange dYdX (DYDX) chain surpasses $20 billion in trading volume
Telegram bot-based cryptocurrency trading volume hit a record $1.7 billion in January
-Ethereum's Geth client network share dropped from 84% to 78%.

Meanwhile, BTC open interest on Binance reached $44.9 billion, surpassing the Chicago Mercantile Exchange (CME) for the first time in three months. CME's BTC open interest stands at approximately $44.7 billion.

Crypto 'Fear-Greed Index' at 68... GreedContinues, $40.3 Billion Worth of BTC Options Expire

Crypto data provider Alternative's self-estimated "Fear-Greed Index" remained unchanged from the previous day at 68. The greed phase persisted. The index indicates extreme fear in the market when it is close to zero, and extreme optimism when it is close to 100. The Fear Greed Index

blockchain crypto cryptocurrency Ethereum ETF price drops after launch (SpotedCrypto)

Ethereum ETF price drops after launch, releasing 92,500 ETH into the market... Is it a buying opportunity?

According to a report from a crypto market data analysis platform, "Compared to BTC spot ETFs, ETH spot ETFs appear to have weaker buying and selling interest. We also analyze that the ETH spot ETF material is already priced in," the report said. "Compared to BTC, ETH

blockchain crypto cryptocurrency xrp ripple hit the 1doller (SpotedCrypto)

Is the $1 rally bull market Ripple (XRP) holders have been waiting for coming?

Steve Courtney, a crypto trader with 78,500 X followers, analyzes that XRP is on the verge of a "triangle breakout". "Support is holding, resistance is being tested," Courtney said in a tweet on Thursday (Aug. 24), according to crypto news outlet YT. Could this be

Read next