CandleFocus Critical Metric in Bitcoin Hits All-Time High – Analysts Discuss
2024-11-14
Author: Content Editor
Deribit, a digital asset derivatives exchange, has reached record-breaking numbers in options open interest, with over $37.6 billion in Bitcoin and Ethereum contracts. This reflects increasing adoption of options in the crypto derivatives space, particularly by institutional investors. Deribit also reported record trading volumes in both futures and perpetual contracts for Bitcoin and Ethereum. Demand for Bitcoin options has notably increased as the price approaches $90,000, with a strong bullish trend in the market. Analysts predict that the current rally will continue through the year-end based on options activity and positive funding rates. However, the rally does not appear to be driven solely by excessive leverage.
Related News
NEIRO Makes New ATH, Meme Season Gears Up, What Next? Bitfinex hacker Ilya Lichtenstein sentenced to five years in prison for attempting to launder 120,000 bitcoin China’s lockdown censorship inspired Ethereum ‘based rollup’ Taiko dogwifhat (WIF) Memecoin Continues To Rise Following Coinbase Listing Trump picks ex-SEC chair Jay Clayton as US Attorney for Manhattan Why Is Ethereum Price Stuck Below $4,000? US PPI Inflation Comes In At 2.4%; Bitcoin Drops Below $90k Trump mulls tapping crypto-friendly CFTC chair: Report Just In: Senator Cynthia Lummis Proposes Fed Gold Sale To Buy 1M Bitcoin Bitfinex hacker sentenced to 5 years in prison Critical Metric in Bitcoin Hits All-Time High – Analysts Discuss Latest crypto M&A deals signal ‘the tide is shifting’ When Will Bitcoin Price Go Above $100,000? Here are Experts’ Predictions SCB 10X debuts Rubie Wallet with Thai baht and US dollar stablecoins Bitcoin could see 'repeated all-time highs' over the next two quarters, says VanEck crypto research lead Gensler Defends His Crypto Policy in “Farewell Speech,” Prepares for Trump’s Replacement Arkham launches points program to woo derivatives traders Top 5 Ethereum Tokens to Buy to Turn $1K to $1M in November Wall Street’s EDX crypto exchange hits $36B trading volume in 2024 Eighteen Republican attorneys general and the DeFi Education Fund sue the US SEC over its treatment of crypto How High Will Dogecoin Price Climb This November? New Study Predicts XRP Could Reach Up to $22,000 with Global Adoption XRP Hits New 2024 High Amid Gensler Resignation Rumors $BONK’s Rising Popularity: How Its Uptrend Could Impact Future Market Trends Ex-Valkyrie CEO Leah Wald's Investment Firm Buys Four Validators, Including Solana Network's, for Nearly $18M Did crypto hand Donald Trump the White House? BREAKING: FED Chairman Jerome Powell is Making a Speech – Here is His LIVE Presentation Crypto Analyst Predicts Major Price Crash For Shiba Inu, But It’s Not All Bad News Ethereum Struggles in 2024 But Shows Promise for Future Growth Luckiest Trader Ever? From $16 to $3 Million in 2 Weeks on a Meme Coin Polygon Rival Primed To Explode by Over 200% in Weeks, According to Crypto Analyst Michaël van de Poppe Is DeFi Technologies Ready for a Major Breakout? Crypto Analyst Weighs In 18 US states file lawsuit against SEC and Gary Gensler Donald Trump Denies Appointing Anti-Bitcoin Jamie Dimon Sling Money opens ‘global Venmo’ to US users Crypto Dad Giancarlo dismisses SEC chair rumors, critiques Gensler's legacy New Ethereum whales arrive, but will their accumulation send ETH above $3.5K? Bit on that thang! Michael Saylor ‘orange pills’ the Hawk Tuah girl Dogecoin Leads the Pack—But These Dog Coins Are Running Up Gains Too Tokens will help Gen Z break into locked housing market Miles Deutscher Calls Altcoin Season Setup ‘Fantastic’ Despite Bitcoin (BTC) 61% Dominance Aptos (APT) Struggles to Defend $12 Despite Hype Around BlackRock Integration Solana powers 89% of new token launches as memecoin craze continues to fuel network activity Bitcoin: The Key to Unlocking the Dream of Homeownership for a Generation Priced Out Telegram Game 'Major' Reveals Token Launch Date Amid Airdrop Push Giant Cryptocurrency Whale Profits $56 Million on the Most Talked Memecoin of Recent Days Ethereum Falls, Pulls Away from $3,500 Even as Bitcoin Records New ATH 7 Events That Could Impact Solana Price in Next 30 Days From Euphoria to Drop-off: MAGA (TRUMP) Coin Nears 2024 Lows Under $1 PEPE rallies 78% to new all-time highs as the memecoin market cap tops $116B Privacy Project Nym Is Building an 'NSA-Proof' VPN Portal Ventures raises $75M for pre-seed crypto fund What Is Dogecoin? The Original Meme Coin Explained Is DeSci the Next Big Thing? Binance’s CZ, Brian Armstrong, and Vitalik Are All In PEPE Coin Gains Momentum, Triples Market Cap in Just Eight Days ColliderScript: A $50M Bitcoin Covenant With No New Opcodes Analysts Predict 159% Upside by Early 2025, Is Curve DAO Ready for a Breakout? ‘Americans are waiting, act now’: CMIC urges US Congress to legislate crypto The Jersey City pension fund’s path to BTC exposure VanEck Exec's Bold Idea on Trump Partnering Bitcoin Miners Elon Musk’s Tweet Reignites Dogecoin as Price Surges over 100% Bitcoin down to $88,000 from an all time high Orbiter Finance Leads the Pack: Surpasses $106M in Daily Cross-Chain Transaction Volume CySEC Flags Multiple Unregistered Websites, With Bybit and VTMarkets Named Donald Trump’s AG pick Matt Gaetz has shady crypto associates UK Government Plans Pilot for a Digital Gilt Instrument Using Distributed Ledger Technology Buy As Much Bitcoin As You Can Before $100K Bitcoin Surge Drives Deribit to $40.8 Billion Open Interest Peak MicroStrategy's Bitcoin Strategy Won't Work As Well for Other Companies PAAL crypto rallies 50% in 24 hours: Can this momentum hold? Analyst says strong DXY no good for Bitcoin price, urges leverage traders to be ‘careful’ TON Memecoins Prepare to Take Over as DWF Labs Backs AI Runner NIKO Tether Mints $7 billion USDT in a Week, Injecting Massive Liquidity in the Market Pro-XRP "Crypto Dad" Not Interested in Replacing Gensler Dogecoin’s Red-Hot Rally Faces a Cooldown, May Struggle To Remain Above $0.35 Trump's World Liberty Financial taps Chainlink as oracle provider Hadron by Tether Platform Brings Simplified Asset Tokenization to the Mass Market Simon’s Cat price could rise 66% after receiving strategic investment Bitcoin, Ethereum and Dogecoin Down as $444M in Crypto Longs Get Rekt XRP Price Approaching Troubling Resistance Level "Bitcoin Is Going Ballistic", Michael Saylor Says As BTC Holds Above $90,000 Will XRP Price Soar 5X As Bitcoin Approaches $100K and $150K? XRP Denies Death Cross as Price Suddenly Jumps 8% ? States Accept Bitcoin as Tax Payments Grow Solana Eyes $500 as Cup and Handle Pattern Signals Bullish Continuation Trump’s Win Is Big for Crypto, But Let’s Keep Expectations in Check (Op-Ed) XRPL: Four Big Updates Set to Transform XRP Ledger Bitcoin (BTC) Price Just 10% Away From Reaching $100,000 Milestone 3 reasons why Solana price is on the verge of new all-time highs $FRED Emerges as Top Gainer with 249% Price Surge Top Analyst Says Things Could Get Crazy for Altcoins Once Key Resistance Zone Is Broken – But There’s a Catch What makes cryptocurrency valuable? An analysis BitBoy Says $5 Possible for Cardano But Insists its is “A Dying Platform” Polymarket's Probe Highlights Challenges of Blocking U.S. Users (and Their VPNs) Cardano’s (ADA) Rally Hits 55% Gains, But Profit-Taking Looms Analyst Predicts XRP Price if Cardano is Able to Reach $1.89 XRP’s Robinhood Debut Propels It to $0.75 Year to Date High PEPE RSI Flashes Imminent Reversal Market Expert Suggests Bitcoin Typically Has 385 Days of Uptrend, But Currently in Week 2 Bitcoin Bull Mike Novogratz Reveals Hidden Value of Cryptocurrency ICP identity protocol DecideID launches on Solana to eliminate any KYC need for DeFi Bitcoin Bull Tim Draper Eyes Trump’s Return as Catalyst for Private Sector Boom: 'Very Excited' Giant Whale Turned $26 Into $61.5 Million With This Altcoin Investment! But He Can't Sell It! Here's Why! INJ Poised For Potential Rally As Key Support And Resistance Hold Can Mog Coin (MOG) Rally Beyond the Current ATH? Popcat Price Reaches New All-Time Highs – Is $5 Next? Upbit Launches PEPE Trading Pair, Sparking Volatility and Investor Activity GOAT crypto hits $1 as rare pattern points to a surge to $5 More Nodeless Non-custodial Bitcoin Lightning Wallets, Por Favor Ripple Price Analysis: Can XRP Continue Toward $1 After 35% Weekly Surge? Eight policymakers who are ‘laser focused’ on $100K Bitcoin price Solana Whale Invests $2.7M in $WIF and $BONK, Fueling 44% and 31% Price Surges Dogecoin to $1: Analyst Maps Out Key Resistance and Support Points SUI Mirrors Solana’s Bullish Path, Could It Outshine SOL in This Cycle? Dogwifhat (WIF) Soars Wednesday Afternoon After Coinbase Announces Plans to List the Asset Elon Musk Praised Dogecoin In A Recent Statement Franklin Templeton Expands $410M Money Market Fund to Ethereum Blockchain Crypto election interference reaches dog mayor of New York Memecoin Listings Are Increasing! Which Memecoins Are Likely to Be Listed by Coinbase, Which Ones Are Listed by PEPE and WIF? Analysis Firm Explained! SEC Chair Gensler urges crypto to comply with rules as time leading agency nears possible end Radiant Capital (RDNT) Trading Suspended by S. Korean Exchange Body DAXA Tensor Launches Vector.fun: Latest Bet on SocialFi Amid the Meme Coin Mania McDonald's Reveals Doodles Collab for Coffee and Collectibles 61 Billion Dogecoin (DOGE) Breaks One-Year Record Amid Mind-Blowing Rally Bhutan Government Moves Bitcoin to Binance Exchange VanEck Claims Bitcoin Rally 'Just Getting Started' PancakeSwap launches Telegram Swap Bot for crypto trading access Bitcoin price base case for 2025 is $180,000, VanEck’s Sigel predicts Founders Fund-backed Caldera acquires Hook to build Ethereum rollup infrastructure SUI Price Hits New ATH, Defying Skeptics as Uptrend Strengthens Optimism About To Pump According To Experts, Time To Buy? Eyes Turn to Powell's Statements in Bitcoin: What Time Will He Speak? Here Are the Expectations and What You Need to Know! Cronos Sets New Records; CRO Price Shows 85.9% Weekly Gains BREAKING! US PPI Data Announced! Here's Bitcoin's (BTC) First Reaction! ALGO Rallies Past $0.1470 Resistance, Eyes Higher Levels Amid Bullish Reversal A close look at Elon Musk and Vivek Ramaswamy’s D.O.G.E – What can it actually achieve? Dogecoin Lead Sounds Alarm Amid 145% DOGE Price Surge Hamster Kombat records $5.3B in daily volume, 11M tokenholders JENNER Meme Coin Soars 90% Despite Lawsuit Against Caitlyn Jenner No capital tax on US crypto, Bitcoin reserve asset, nation state adoption – the biggest Trump rumors DeFi platform Folks Finance raises $3.2 million Series A at $75 million valuation MEW token soars nearly 30%, reaching new all-time-high Bitcoin Seeks Stability Above $90K Amid Possible Growth Towards $93K, CoinStats Reports Bitcoin (BTC) Price Prediction for November 14 Trump’s World Liberty Financial Adopts Chainlink Standard to Drive DeFi Expansion XRP Lawsuit: Court Issues Order in Favor of Ripple, CEO Brad Garlinghouse Furahaa Group Revolutionizes Investment with INX Token Listing ? China May Reconsider Crypto Ban Amid Trump’s Pro-Crypto Policies BTC Creator Satoshi Nakomoto Now 19th Richest Person in World: Report Bybit Partners with Admundi to Aid Spain Flood Victims Ethereum Whales Waking up, Transactions Hit Highest Level Since August Blockchain for Good Alliance hosts the Web3 Oscar event in Bangkok What Does a 60/40 Portfolio Look Like if We Replace Bonds With Bitcoin, a Lot Better: Van Straten Bitcoin miner outflows surge as price hits new highs Why These Altcoins Are Trending Today — November 14 Polymarket faces US probe as Kalshi exec allegedly fuels wash-trading concerns Solana’s Price Could Reach $300 Soon Binance will launch USUAL stablecoin on Nov. 19 Analysts divided as meme coin rally sparks alt season speculation Dogecoin Frenzy Arrives In Korea: ‘Kimchi Premium’ Returns Amid DOGE’s 110% Rally Experts Say XRP Will Frustrate You with Its Price Action, but Will Surpass ATH Within Weeks ? Franklin Templeton taps Stellar (XLM) to reduce transaction costs by 99% Litecoin (LTC) moves up, but can it really become a meme coin? SolvBTC Sets New Standards for Bitcoin Reserves Binance's CZ Meets Arthur Hayes: What Did They Discuss? Wintermute Transfers 2.303M TAI Tokens to CEXs for Liquidity MOG Coin at Crossroads: Will High Volatility Lead to New All-Time Highs? Chainlink Leads BTCFi Boom – Unlocking Bitcoin Liquidity in the Trillion-Dollar Finance Market Shiba Inu Team Predicts $0.00006861 as Next Target, Says SHIB Is Doing Fine 3 Cryptocurrencies That Reached All-Time Highs Today — November 14 Web3 and DePIN will fix food delivery | Opinion DeFi Technologies aims to replicate MicroStrategy's success with upcoming CoreFi Strategy launch Solana and Base Remains Most Popular Blockchain Ecosystems in 2024: CoinGecko US spot bitcoin ETFs top half a trillion dollars in cumulative trading volume less than a year after launch Hedera Potential Growth Beyond 2,000%: What Traders Should Know Bitcoin Dominance Reached New 3.5-Year Peak as BTC Maintains $90K (Market Watch) MANTRA Chain Completes Hacken Audit, Strengthening Security and Compliance Will China Lift Its Crypto Ban Amid Donald Trump's Policy Shift? Here are 5 reasons why Ethereum looks strong despite market volatility Analyst Says Bitcoin Could Reach $255,000 Peak with Cup-and-Handle Pattern Ripple vs. SEC: Could XRP’s Legal Battle End with Leadership Changes? Royal Malaysia Police Recovers a $1.6 Million Kidnapping Ransom With Support From Binance Bizarre XRP Price Candle: What's Happening? PEPE Rally Targets $0.000042 as Fibonacci Levels Predict 78% Extension XRP’s Symmetrical Triangle Breakout Sparks Bullish Momentum Toward $2.60 Coinbase Listing Boosts PEPE by 75%, Drives Profit-Taking to 9-Month High Bitcoin open interest hits an ATH of $55.7b: here’s what to expect Shiba Inu Lead Blasts Critics for Saying SHIB Doesn’t Deliver ETH Panic Sell: Whale Dumps 5,000 ETH ($15.6M), Requests $31M Withdrawal from Lido Stellar’s Recent Surge Suggests Potential Targets Amid Short-Term Volatility Binance Launches New Trading Pairs and Bots PEPE Can Surge 858% to Mirror Shiba Inu 2021 Explosion After Coinbase Listing: Pundit Top NFT Performers of the Week, CryptoPunks Holding Top Positions Wall Street's Crypto Appetite Soars: 57% Professional Investors Ready to Increase Stakes Bitcoin Could Outrun Altcoins for the Rest of the Year, Says Crypto Analyst Benjamin Cowen – Here’s Why Economist Says Massive XRP Surge Similar to Dogecoin Price Explosion Is Coming Altseason is Near: What Signals to Watch After BTC’s Rally Can Ethereum (ETH) Price Reclaim $3.5K Soon? Crypto legends Changpeng ‘CZ’ Zhao, Vitalik Buterin, and Arthur Hayes seen hanging out at +intimate Binance event Peter Schiff’s Sarcastic Suggestion: Trump Media Should Bet on Bitcoin Bitcoin Exchange OKX Shares New Listing Announcement! Here Are the Details Bitcoin hot on the heels of Google as market cap nears $2 trillion Tron Founder Justin Sun Backs Polymarket Founder Amid FBI Scrutiny Litecoin Embraces Memecoin Identity, Drives Price Up Is Bitcoin Set for a Pullback After Reaching All-Time High at $93K? Pepe Holder Turns $26 to $60.3M, But There’s a Catch TRON Price Targets 800% Surge As Whale Activity Spikes XRP Rejected at $0.75 for the Third Time in 12 Months Binance Announces the Altcoin Selected for Its 61st Launchpool Project! Polymarket CEO posts after raid, calls it “Last-Ditch” attack on startups DOGE Hits ATH in Large Transactions, Surges 114% in a Week Bitcoin surpassed $93k after CPI report; here are 2 more macro events to watch Crypto market capitalisation hits record $3.2 trillion, CoinGecko says Institutions Go All In on Crypto: Sygnum Survey Reveals 57% Respondents Plan to Boost Allocations PNUT Price Prediction: Could Bullish Trends Trigger a 300% Gain? Bengal man arrested in connection with $235M WazirX crypto heist Coinbase CEO Condemns DOJ Probe into Polymarket Here's Why Cardano Price Could Soar 3X In November Bitcoin analysts brace for 6 figures as BTC price seals $93.5K record Pro Crypto Matt Gaetz Nominated As Donald Trump’s Attorney General Ethereum Price Eyes $6,000, Analysts Warn Of Potential Pullback Inside Russia's Crypto Rules: Sberbank CEO Reveals Key Insights XRP struggles near $0.7440, could still sustain rally after Robinhood listing Police Detain 215 in Cryptocurrency Scam Bitcoin price could fast-track to $100K high in November — Analysts Solana (SOL) Bull Flag Hints at Extended Run Above $260 After Robinhood Relisting Kaspa (KAS) Faces Key Resistance Amid Bullish Momentum Bitcoin Dips Below $90K After Hitting New High of $93.4K. Is it Following the Nasdaq-to-S&P 500 Ratio? Three Arrows Capital seeks to increase claim against FTX to $1.5B Bitcoin Dominance at 60% Sparks Altseason Predictions Peter Schiff Says Bitcoin Can Fix Social Security, Here's How What's Next for DOGE After Dogecoin Price Hits $1 This Month? 5 Key Reasons Why Solana Price May Rally To $300 Soon Miami Dolphins' Odell Beckham Fades the Haters. ‘Who Said Taking My Salary in Bitcoin was Dumb?’ Ex-FBI Agent Uses Chainalysis to Track Crypto Criminals Analyst Reveals 2 Catalysts That Might Extend Meme Coin Dominance How Elon Musk, Vivek Ramaswamy and Dogecoin co-creator Billy Markus reacted to Trump's 'DOGE' announcement Solana: Bullish momentum confirmed? Why traders are eyeing $260 Tap and Pay crypto coming to Coinbase Wallet, L2 interoperability in months GOAT: Social buzz drives market cap to $991 mln: Will it cross $1B? OP_CAT could go live on Bitcoin within 12 months: Eli Ben Sasson Solana DEX Trading Volume Hits $5B Daily for Three Straight Days Caitlyn Jenner faces lawsuit from JENNER memecoin buyers AI Tokens on Solana and Ethereum Chart Different Paths Pepe Slips Clinches Top 20 Spot, Outpaces Dogecoin in Weekly Gains Whale Sells 500B PEPE, Holds 1.5T PEPE worth $36M Watch Out: Major Cryptocurrency Whales Start Hoarding the Altcoin Recently Listed on Binance An Elusive Indian Suspect at the Center of Indiana's Crypto Fraud Digital Asset Powerhouse Wyden Snags $16.4M in Funding, Eyes Global Expansion Hitting and holding $100K Bitcoin price depends on $11.8B end-of-year BTC options expiry Almost 40% of This Year’s Top 50 ETFs Are Focused on Cryptocurrency What Are Smart Contracts? What Problems Do They Solve? Pepe’s market cap briefly tops $10 billion on back of 77% price surge Republicans keep control of US House, ushering in crypto friendly lawmakers to lead key committee Crypto influencer found dead in Montreal park months after abduction Human-level AI could be here as early as 2026: Anthropic CEO Phantom issues emergency patch after update knocks users from iOS wallet app How everyone in Ethereum will migrate to smart accounts: Safe co-founder Crypto firms push for SEC changes, crypto out of courts Fireblocks partners with South Korean bank on VAT tokenization XRP NVT Ratio Has Been High Recently: What It Means XRP Price Gains Steadily with Swings: Can It Maintain Momentum? Dogecoin: Will Record Monthly Close Lead To 8000%+ Surge? Upbit Lists $PEPE; Bithumb Lists $ALT and $SWELL Today Market Veteran Predicts Dogecoin Price if Solana Hits $1,134 This Bull Run Almost 40% of This Year’s Top 50 ETFs Are Focused on Cryptocurrency Ant International, Standard Chartered lay out blockchain pilot Republicans Win House Majority, Completing Trifecta in 2024 Election That Saw Donald Trump Win Second Term DWF Labs Expands Its Role with 10M $NIKO Allocation, Valued at Nearly $500K Bitcoin Futures Play the Long Game as Investors Bet on Bullish Days Ahead Bitcoin Price Steadies at $90K: Is Another Rally in Sight? FLOKI Price Sees 21% Daily Jump, Bullish Setup in Place Bitcoin’s New ATH Is $93,409: Polymarket Odds on BTC at $95K Is 75% Ethereum Price Hints at Downside Correction: Will Support Hold? Neo opens submissions to Neo Pulse for NeoPod Ambassadors Base Powers Up On-chain Future: Utopia Labs Team Joins Forces to Revolutionize Payments Bitcoin Price Could Peak In 200 Days, Before US Recession In Mid-2025, Report Says Bitcoin spot buying outpacing futures despite leverage hitting ATH Supreme Court Signals Narrow Ruling on Nvidia Shareholder Case Bitcoin, Dogecoin and Solana Live As Arkham Exchange Commence Trading Ripple and Cardano: Garlinghouse and Hoskinson Tease Possible Collaboration Cardano Foundation’s $478M Asset Report: BTC Holdings Could Now Top $100 Million Amid Market Surge Chainlink Whales Waking Up – Data Shows Signs Of Accumulation Spot Bitcoin ETFs See Strong Inflows of $817 Million as BTC Drops 2.3% Shiba Inu Price Watch: 60% Rally Catches Whale Attention – Is More Growth Ahead? Hayes doubts Musk’s expense-cutting mandate but stays bullish on Dogecoin Analyst Outlines Massive Price Targets for Dogecoin, Predicts Parabolic Rally for Ethereum-Based Altcoin Ethereum Whales Take Contrasting Actions Amid Price Drop Cardano (ADA) Price Slows After 52% Surge, Faces Key Resistance Mega BTC Whale Makes Waves: $176.7M Worth Transferred for Potential Sell-Off BREAKING: As Expected, U.S. Department of Justice Launches Investigation into Prominent Cryptocurrency Platform Solana's Tensor Teases Social Trading App to Rival Pump.fun Former SEC Official Asks Gary Gensler To Resign, Here’s Why Analyst Reveals Why Dogecoin Price Can Rally To $2 And Flip Solana, BNB Shiba Inu (SHIB) Ready for More Growth, Will Fantastic Cardano (ADA) Growth Continue? XRP Loses 13% in One Go: What's Next? Hashkey CEO says Trump administration could influence China to accept Bitcoin Elon Musk Praises Dogecoin Inflation Rate: 'Feature, Not a Bug' Whale Buying Accelerates, Supporting Ethereum (ETH) Price Bullish Momentum