Binance’s Crypto Derivatives Platform Sees Record Open Interest of $10B – CoinDesk – CoinDesk
Binance’s crypto derivatives platform Binance Futures continues to soar in popularity as more and retail customers add fuel to the bull run. Open interest on the derivatives platform hit a record high of over $10 billion on Saturday, amounting to year-on-year growth of nearly 3,900%, according to data source CoinGecko. The spike in open interest […]
As Meme Stock Mania Fizzles, Wall Street Sees ‘Big Reckoning’ – Yahoo Finance
(Bloomberg) — The day-trading Reddit crowd turned the first quarter of 2021 into one of the wildest periods of stock market mania in modern history. Books — plural — will undoubtedly be dedicated to the topic in years to come. But after these small-time speculators banded together to drive up dozens of obscure stocks by […]
