Futures open interest collapsed 50% to $4.22B, signaling forced deleveraging as market makers cut risk exposure amid ongoing macro and regulatory uncertainty.
XRP Buildout Near $2.40 Could Precede Sharp Relief Rally if Whales Ease Pressure
Futures open interest collapsed 50% to $4.22B, signaling forced deleveraging as market makers cut risk exposure amid ongoing macro and regulatory uncertainty.
Shares:
The PBOC on Friday suspended bond purchases to stall the slide in bond yields and CNY
Analyst Mark Palmer sees about 50% upside for the shares.
Tether may take part in Cantor’s multi-billion dollar bitcoin financing program.The latter already owns a 5% stake in Tether and custodies its U.S. Treasuries.
The company last week announced its intention to add bitcoin to its balance sheet.