By YDN Key Points: Memecoins have seen a surge of nearly $15 billion in new inflows this week, signaling a sharp rise in speculative trading activity. Dogecoin (DOGE) has absorbed over $10 billion in capital, rising more than 30% weekly and approaching a crucial resistance level. Open interest in DOGE has doubled to $4 billion, […]
Tag: OI
By Ethan Key Points: Cardano [ADA] surged 2.87% in the last 24 hours, with a weekly gain of 26.86%, signaling strong momentum. Open Interest in ADA futures jumped to $1.21 billion, up over 3%, indicating rising institutional and retail interest. Spot market net inflows exceeded $14 million in the past week, reinforcing short-term bullish sentiment. […]
By coinspy Key Takeaways: Fidelity has reclassified Ethereum [ETH], labeling it as a potential store of value and wealth preservation tool, comparing the blockchain to sovereign economies. This shift in perception marks a turning point for ETH, which previously struggled with narrative weakness compared to Bitcoin. Market sentiment has surged following the report, pushing ETH […]