CandleFocus Cardano (ADA) Open Interest Soars 15% to Hit New High
2024-11-22
Author: Content Editor
The cryptocurrency Cardano (ADA) is expected to surpass the $1 level due to its strong bullish sentiment. The open interest for ADA has seen a significant increase of 15% in 24 hours, with futures traders committing over $761 million worth of ADA. Despite a slight drop in price, investors remain confident in the project as shown by the growing open interest. Binance and Bybit are the dominant exchanges for ADA, with Binance opening 282.62 million ADA coin positions and Bybit registering 268.98 million ADA units. With the increasing open interest and positive investor sentiment, it is likely that Cardano will reach $1 in the near future. Additionally, anticipation of Cardano joining the exchange-traded fund (ETF) race is also contributing to the coin's performance.
Related News
Coinbase Sponsors Another NBA Team With LA Clippers Deal Solana’s all-time high by the numbers Bitcoin Price Mirrors 2017 Pattern, Is The Top Only 2 Weeks Away After Hitting $100,000? Ethereum is the Target of Criticism: When Will the Expected Explosion and Record Come? Here Are The Predictions AILayer Collaborates with CycleX to Drive Web3 Innovation with Real-World Assets Big Breaking: Bitcoin Miner MARA Purchases Another 5771 BTC For $572M Crypto Whales Bought These Altcoins in the Third Week of November 2024 Pepe Coin Whale Scoops 310B Tokens, PEPE Price Rally Soon? SEC chair Gensler's departure sparks hope for compromises in crypto cases, regulation Dogecoin Price Set To Skyrocket By Saturday, Warns Crypto Analyst Is Solana price primed for more upside now that SOL hit a new all-time high? HBAR Price Faces 4.58% Dip After 105% Surge: What’s Next? Bitcoin Could Surge to $115,000 This Holiday Season — New Report Reveals Why Whale 0x373 Makes Bold Moves with $EIGEN Acquisitions Intelligent Alpha Predicts Bitcoin Surge to $140K Amid AI-Driven Insights Dune on-chain index points to all-time high in crypto adoption Chainlink Powers Project Guardian to Redefine the Financial Market with Tokenization Stellar Lumens price surges on United Nations and World Bank endorsements This Week in Meme Coins: Double-Digit Losses for PNUT, GOAT, but Not BONK XRP’s $1.26 Peak: Can It Break Higher or Reverse to Support Zones? XRP Price UP by 33% in 1 DAY - Can it reach a $2 by Week End? 3 Reasons Why Secret Network (SCRT) Price Skyrockets 50% Today Trading expert sets Ethereum roadmap to $8,000 Price analysis 11/22: BTC, ETH, SOL, BNB, XRP, DOGE, ADA, AVAX, SHIB, TON Altcoins Shine as Crypto Economy Hits $3.29T: OM, XLM, ADA and XRP Drive the Frenzy Ethereum inflation soars amid staking surge and Dencun changes—less than 100k ETH away from pre-Merge levels Anchorage Digital Joins Forces with Babylon Labs for Institutional $BTC Staking Why Traders Are Watching the USD Entry Zone for CRV’s Next Move AVAX Open Interest Explodes, 30% Price Rally Incoming? Sui, Aptos vie for ‘next Solana’ status Cardano rises 140%: Here’s why $1 could be a catalyst for FOMO and an ATH Trader Michaël van de Poppe Says Solana Rival To Explode by Nearly 70%, Updates Outlook on Bitcoin and Ethereum As Bitcoin Hits the $100K Mark, Will Altcoins Follow? Analysts Evaluated Coin Center warns 'draconian' surveillance policies could still drive crypto investors from US Bitcoin back to $90K next? Traders diverge on BTC price pullback odds Trump’s SEC chair frontrunner Mark Uyeda advocates for regulatory sandboxes in crypto Coinbase App Gets Left Behind as Memecoin Craze Drives Traders On-Chain Crypto industry reacts to Gary Gensler's departure as SEC Chairman Bitcoin to $100K: A matter of when, not if Bitcoin Going to $140K Say Trio of AIs Managing $30M Investment Fund State pension plans can adopt crypto more easily than private plans Dogecoin Jumps on Fresh X Payments Speculations After Elon Musk Tweet Solana's path to $4,000 now open after hitting ATH Another SEC Democrat to Drop Out, Leaving Republicans Running Agency by February Responsible Growth Squad: Binance’s Strategic Compliance Hires of 2024 The stablecoin showdown Wall Street’s nerves are unraveling over MicroStrategy ETF leverage games Blockchain Association urges Trump to prioritize crypto during first 100 days Senator Lummis Proposes Bitcoin Acquisition to Tackle US Debt Crisis Solana pumps 8% to hit all-time high of $263, aims to hit $300 Binance user base surpasses 240 million as institutional onboarding doubles RWA Inc. Launches $RWA Token to Revolutionize Tokenized Asset Ecosystem What Trump’s win means for FedNow and XRP’s future Stellar Lumens is soaring: 3 reasons XLM could reverse soon Deribit Exchange announces integration of Ethena’s USDe as margin collateral Tron (TRX) at $20: Justin Sun Invites Community to Do Simple Math PNUT Price Drops 20%, Momentum Weakens Amid Bearish Pressure Crypto Unlocks: $475 Million in Tokens to Be Released This Week Solana’s New High Puts Spotlight on TAI and Infrastructure Tokens Cboe to launch first cash-settled options for spot Bitcoin Gary Gensler’s Departure Is No Triumph For Bitcoin Andrew Tate’s DADDY token crashes following the Online University hack Magic Eden Token Airdrop Date Set as Pre-Market Value Hits $562 Million Bitcoin (BTC) Price Prediction for November 22 XRP on Verge of Bitcoin Golden Cross: Details Peter Brandt Issues Crucial Scam Warning But Not About Bitcoin Ethereum Surges to $3,400, But Major Whale’s $224M Profit-Taking Triggers Market Slump Ethereum (ETH) Becomes Censorship-Resistant With This Upgrade Bloomberg: MicroStrategy's Bitcoin Model Won't Last Analyst Predicts Stellar Rally to $5 Amid 7-Year Stellar ‘Adam and Eve’ Pattern, Says XLM and XRP Will Surprise Many XRP Community Awaits Binance Coin (BNB) Flippening Famous CEO Solana Says Rally is Just Beginning, Announces Huge Bullish Prediction for SOL Price! Crypto Expert Raoul Pal Reveals His XRP Strategy Memecoin That’s Skyrocketed Over 160% in Less Than Three Weeks Primed to ‘Turbo Send,’ Says Top Trader Is Ethereum dying? Bitcoin eyes rally to $100K while ETH struggles Cardano (ADA) Open Interest Soars 15% to Hit New High Raoul Pal Says Solana (SOL) Rally Far from Over Following New ATH, ETF Filings The Commissioner of Consob Italy throws mud on Bitcoin On-Chain Data Shows The Bitcoin Price Bull Run is Far From Over Polymarket Blocks French Users Amid Gambling Inquiry Here’s why Justin Sun’s Tron could soar to $1 Bitcoin goes up when CZ tweets “gm”: A theory Cardano founder Charles Hoskinson is the crypto industry’s most underappreciated hero COTI and Poolz Launch MomentumX to Propel Privacy-Focused Web3 Startups Ethereum Futures Open Position Breaks Record, According to CryptoQuant Report! Here Are the Details Institutions using Bitcoin to support pension funds, adding BTC to loans Trump Effect: China Considering Backpedaling on Bitcoin Policy Bitcoin (BTC) Hashrate Skyrockets to Historic High: Details Bitcoin Technical Analysis: BTC Flirts With $100K as Market Awaits Directional Clarity Anixa Biosciences expands treasury strategy with Bitcoin Allianz acquires 25% of MicroStrategy's bonds World Network wants $100 deposit from users to work its orbs Cardano (ADA) Targets $1: Bitcoin Could Make or Break It Blast API Integration Supercharges IOTA: $300M+ TVL and Web3 Expansion Jim Cramer says he’d prefer Bitcoin over MicroStrategy stock: here’s why Top Trader Calls Dogecoin Budget XRP — Here's Why ? Binance-Backed Altcoin Announces Partnership With Franklin Templeton, Price Reacts Positively! Ripple's Stuart Alderoty Unveils $5 Million Art Satire Targeting SEC and Gary Gensler MicroStrategy down 16% after short-seller’s report Coinbase Gave Good News! We Will List More Altcoins! Which Altcoins Are in the First Rank? Polygon teams up with Foresight Venture-backed stablecoin network WSPN DOJ Shuts Down PopeyeTools, Recovers $283K in Crypto ‘FIFA Rivals’ Mobile NFT Game Coming From Makers of ‘NFL Rivals’ Can Mog Coin Sustain Its 20% Surge and Break Its ATH? New crypto opportunity at $0.29 for investors who missed XRP price rally Crypto Analyst Issues Ethereum Alert, Says ETH Primed To Plunge Lower Against Bitcoin – Here Are His Targets Trump’s Crypto Plans: White House’s First Crypto Role for U.S. Policy on Digital Assets Blockchain security firm warns of AI code poisoning risk after OpenAI's ChatGPT recommends scam API 33 Trillion Shiba Inu (SHIB) Support Losing Steam: What's Happening? Crypto Price Analysis November-22: XRP, ADA, OP, SOL, and DOGE MetaHub Finance Partners with Ginoa to Boost Blockchain Innovation The Future of NFTs: A Transformation, Not a Tombstone WisdomTree Launches XRP ETP on Major European Exchanges The Graph Unveils GRC-20 Standard for Web3 Data Structure Why These Altcoins Are Trending Today — November 22 Top Neiro Ethereum Holder Dumps $3M NEIRO Sparking Price Dip Concerns FTT Soars 30% After FTX Shares Update On Reorganisation Making quantum computing accessible through decentralization | Opinion ACT Coin Plunges After CEX Listing: What’s Behind the Sell-Off? Cardano Recovers 2.5 Years of Losses in a Month as ADA Price Explodes 174% Cardano Price Surpasses 2-Year High; Will ADA Hit $1 This Weekend? SHIB could rally over 50% if this happens: analyst Bitcoin (BTC) on Verge of Parabolic Bull Run: Here Are Two Major Scenarios Bitcoin Community Thanks Bears and Non-Believers for BTC’s Rally to $99.5K VeChain Unveils VeBetterDAO Endorsement: A Win for VET and Node Holders Chart of the week: Bitcoin Cash eyes double-digit rally, bullish indicators point to gains in BCH User Solana wallet exploited in first case of AI poisoning attack Gary Gensler: The SEC Chair Who Shaped and Shook Crypto Regulation Dormant Billion-Dollar Ethereum Whale Takes Profit After Eight Years Crypto Whales $55 Million Accumulation Puts Cardano (ADA) $1 Target Back on Track What happens when Bitcoin hits $100k? Analysts weigh in Analysts Answered the Question "Bitcoin or Gold" and Gave a Date for $125,000! Shiba Inu Lead Says ‘Send SHIB to the Moon,’ Declares ‘We’re Still #1 ETH Token Bitcoin up 500% Since Historic Crash Below $16,000 Two Years Ago Bitcoin CME Futures Briefly Surpass $100K on November 22 Ukraine officials sharpen skills in crypto crime investigations with OSCE training RWA sector, up 20% over the past 7 days, is one of the leading sectors in the broader market AI sets date when XRP will hit $5 XRP Outshines Solana as Long-Short Liquidation Evens Out Expert Says Shiba Inu Looks Like Dogecoin, Predicts Surge to $0.000049 $2 XRP Might Be Possible: Price Makes Crucial Move FINRA Launches New Crypto Resource Section on Risks and Investor Protections Solana Hits ATH at $264: Is $300 the Next Milestone? 'Send SHIB to the Moon': Shiba Inu Lead Kusama Shakes Off Critics With Big Claims Bitcoin short interest in focus as BTC nears $100k Stellar (XLM) Price Soars Almost 100% In A Week: What’s Driving the Surge? Bank of Russia flags dual risk factors for real-world assets Giant Company Announces It Will Buy Bitcoin (BTC), Its Shares Soared! Elon Musk’s Meme Alert Sparks Crypto Community’s Heated Reaction: Details Ethereum’s $3,400 Ceiling Sparks $163 Million ETF Outflows FTT Surges 36% as FTX Unveils Bold Reorganization Plan Why Are LUNA, CRV, GMT, and FTT Experiencing a Surge? Key Insights for Newcomers Ithaca Protocol Receives Grant from Arbitrum Foundation South Korea’s Upbit Refunds 8.5 Billion Won After Crypto Hack Rare Shiba Inu Price Patterns Hint SHIB Could Double Soon Cardano Releases Updated Constitution, ADA Price Jumps 12% Pundit Forecasts Solana Price Next Target After SOL Hits New ATH XRP Gains 25%, $26 Million Shorts Squeezed After Gensler Discloses SEC Resignation Ethereum Price Surge: Can Bulls Push Toward $4,000 After Whale Sell-Off? Crypto Traders Net Millions by Smart $SHRUB Trading Crypto Market Scores 94 Indicating Extreme Greed as Experts Say BTC Finally Hit Price Top Unhindered by the SEC MetaMask Introduces Gas Station Feature for Token Swaps, Raising Questions on Future ETH Demand India balances sluggish economy with growing services and crypto boom XRP price targets $2 as SEC chief confirms exit Bitcoin prints record 40% monthly candle as price crosses $99K Binance Boosts Compliance Staff By 34% Year-Over-Year, Citing Industry’s ‘Rapid Maturation’ 'Rich Dad Poor Dad' Author Says Bitcoin About to Surpass $100,000: ‘Hang On Tight’ Trump wants Bitcoin to pay off U.S. debt — but how would that even work? Peter Schiff Reveals Who Pumped Bitcoin (BTC) to $99,180 Cellula generated $179m in revenue; is it the next big web3 gaming platform? Cardano's ADA Leaps to 2.5-Year High of 90 Cents as Whale Holdings Exceed $12B XRP Surges 26% to 3-Year High, Hits $79B Cap: ETF Launch Fuels Rally CMC Markets Wrote Off £2.8M Investment in Blockchain Firm Strike X Bitcoin edges at $100K while retail investors still hold the reins Units Network Teams Up with GT Protocol for Game-Changing Web3 Tools Sui Outage Report: Upgrade Code Bug Caused Downtime Bitcoin Exchange OKX Announces Listing of This Altcoin on Its Margin Platform! Cosmos Developer Interchain Foundation Sold 3000 ETH Today US spot bitcoin ETFs top $30 billion in cumulative inflows as BTC nears $100,000 Bitcoin Breakout At $93,257 Barrier Fuels Bullish Optimism Raoul Pal Says Dogecoin Next to Surge in the ‘Great Banana Rotation’ 3 Altcoins with Over 100% Weekly Gains: PNUT, PEPE, BONK Can Solana (SOL) Price Skyrocket To $780? XRP Surges Past $1.40 for the First Time Since 2021 as Gensler Confirms His Resignation Hex Trust Join Forces with TON to Revolutionize DeFi and Staking Deaton Predicts $100B XRP Market Cap, Says ‘Times Are Changing’ Trader Says Bitcoin Has Finally Begun Parabolic Phase – Here’s How Long He Thinks the Bullish Cycle Can Last Bitcoin counts down to $100K BTC price as shorts risk 'violent breakout' Public fitness equipment maker Interactive Strength shares rise 11% on Bitcoin treasury strategy 1.67T SHIB Exit Exchanges: Can Shiba Inu Repeat History With 62% Surge? Cardano price prediction: Is ADA eying a 77% jump Bitcoin Update: Belief Phase Ends, Euphoria Looms Larger Than Ever Dogecoin (DOGE) Shows Renewed Energy: Rally Incoming? Axie Infinity price could surge 50% amid the network renaissance Is Bitcoin Ready to Hit 100K After Reaching a New ATH 99.3K? From Bitcoin to AI: Core Scientific’s $6.1 Billion Denton Transformation Transak Joins Forces with Zerion Wallet to Power Zero-Fee Onboarding for ZERϴ Network MicroStrategy Falls 16% Despite New Bitcoin Record as Some Question Valuation Major takeaways from this week’s BTC ETF options launch Ripple CEO Reacts to Gensler’s Resignation Optimism around PEPE rises: Key levels in focus Cybercrime Marketplace Crumbles as Authorities Seize Hidden Crypto Stash Bitcoin Smashes Records: Hashrate Hits 776 EH/s as Price Soars Closer to $100K Dormant Bitcoin Whale Awakens: 500 BTC Moved After 8 Years, $5.7M Sent to Gemini Global Asset Manager Launches XRP ETP With Industry-Leading Pricing in Europe Is Bitcoin’s Stability at 95K the Key to an Altcoin Boom? ADA, XRP Set to Soar XRP Lawsuit Settlement News: Is SEC Calling An Emergency Meeting To End the Ripple Case? Polkadot Holds Key Demand Level – DOT Could Hit $11 In Coming Weeks Upbit’s license renewal in limbo; Hong Kong tightens VASP rules Apple Admits to Security Vulnerability That Leaves Crypto Users Exposed—Here's What You Should Do Wall Street Analyst Says 4-Year Cycle Trend Could Drive XRP to $33 SEC lawsuits will ‘quietly go away’ after Gensler steps down: Pantera Bitcoin Soars, But Is Ethereum Next? On-Chain Data Hints at ETH Surge Is Toncoin (TON) Ready For A Bullish Move? Tangem Wallet Integrates Solana via WalletConnect for Secure dApp Access XRP Price 25% Rally: Breaking Barriers and Surpassing Odds Solana hit a new milestone: reached all-time high $260 Solana jumps 11% to reach all-time high amid market rally WisdomTree Europe Launches XRP Exchange-Traded Product (ETP) Bitcoin ETFs are quickly gaining ground on Gold ETFs as BTC hits $99,000 XRP Price Prediction For November 22: $2 Target in Sight Bitwise & Three Other Solana ETF Application Filed with SEC XRP Price Surges 25% as Headwinds for Ripple Clear Even More Solana's SOL Surges to Record High Above $260 HBAR Breaks Descending Triangle, Targets 2024 High at $0.18 GALA Update: Breaking the Downtrend and Surpassing Targets Solana Hits All-Time High Price Two Years After FTX Nearly Sent It to Zero CFTC advisory committee recommends use of tokenized assets as collateral Blockchain Trends Spotlight: 5 Altcoins Offering Unique Investment Potential Ethereum Price Survives Dip: Rallies 10% and Targets More Upside Ethereum Price Prediction: ETH Price to Outperform BTC Hit $10K? Bitcoin Price ATH Set To Cross $139,000 According To Previous Election Cycles XRP Price Eyes $1.5 as Ripple Settlement Expected Below $125M, New ATH on the Horizon? Bitcoin Price Approaches $100K: The Countdown Is On Solana breaks all-time high on Coinbase, 2 years after FTX catastrophe RMIT blockchain unit future in doubt after professor claims it has ‘shut down’ Crypto Whale Buy 6.13 million $SLERF Tokens After Selling His $2.62 Million Worth Solana Everything You Need to Know About the ‘MemeFi’ Telegram Game Airdrop Will JasmyCoin (JASMY) Debut On Upbit Spark Momentum For A Price Rally? MicroStrategy Stock Sinks 16% As Bitcoin Nears $100K—Is It Too Hot to Handle? Cardano Price Decouples from Other Altcoins: 50% Spike in 7 Days The Gemini app is now available on iPhone Japan’s FSA to establish new crypto brokerage business category with lighter regulations 3 XRP Rivals Set to Skyrocket: SHIB, DOGE, and ADA Showcase Unparalleled Potential Bitwise files Form S-1 for spot Solana ETF with SEC XRP Surges 8% on the News of Gary Gensler Stepping Down UK government set for crypto regulations next year, officials says Top Cryptocurrencies to Watch for Exceptional Growth This Week Cardano (ADA) Price Prediction For November 2024 XRP Gains Momentum: Whale Activity Points To $15 Breakthrough Ethereum Believers May Be Staring Down Opportunity As ETH Reaches Another Low Against Bitcoin: CryptoQuant CEO XRP Price Surge Incoming? Analyst Predicts Rally to $8-$30 Retail investors missed the 2024 Bitcoin (BTC) bull run Bitcoin Meme Coins Surge as BTC Rises Towards $100K SUI Price Prediction: Will SUI Hit $15.00 By 2030? Unlocking the Future: Top Blockchain Innovations to Watch This Week SunPump Partners with Gate Card to Boost TRON Meme Ecosystem Popcat Price Prediction: Will Popcat Hit $15 by 2030? Galaxy Digital CEO Mike Novogratz says Bitcoin reaching $100,000 is 'just the start' Top Metaverse Games to Invest in 2024: Virtual Land and NFT Treasures Shiba Inu (SHIB) Rocket Fuel Pattern Here, Bitcoin (BTC) Ready for Fundamental Shift at $100,000, Solana's (SOL) Road to $300 Continues Dogecoin Set To Rally: Market Expert Claims DOGE’s Next Big Run Is Imminent Microsoft Should Buy $78 Billion Worth of Bitcoin Trump’s Crypto Agenda: Hoskinson Rumored for Treasury Secretary Role XRP Price Skyrockets to $1.21 Amid Breaking XRP News of SEC Chair Resignation Bitcoin Whales Unstoppable, $283M Fresh BTC Purchase Amid ATH Top 3 Altcoins Surging Over 20% Despite Market Stagnation Pendle Price Prediction: Will PENDLE Hit $15 by 2030? The DeFi market lacks decentralization: Why is this happening? Bitcoin Nears $100,000 As Trump Council Expected To Implement BTC Reserve Solana (SOL)-Based CHILLGUY Memecoin Falters As Illustrator Threatens Legal Action: Report