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- 14:29Bitcoin futures open interest reaches a record high of $88.7 billion, analysts warn of potential large-scale leveraged liquidationsAccording to ChainCatcher, citing CoinGlass data, the total open interest (OI) of bitcoin futures across the entire network reached a historic high of $88.7 billion today. Currently, the price of bitcoin is consolidating around $120,000. The record-breaking open interest indicates an excessively high level of leverage in the derivatives market. Trader BitBull predicts that both bitcoin and altcoins will experience a "large-scale leverage liquidation" within the next 1-2 weeks. He believes that the liquidation will force some traders to sell, but after that, the market will rebound and reach new highs. Other analysts have differing views. Trader CrypNuevo believes the upward target is around $123,200. Meanwhile, trader Roman points out bearish divergence on the daily and weekly charts, warning of the risk of weakening momentum. CoinGlass data shows that current support liquidity is mainly concentrated around $118,500.
- 14:29Vitalik: Supports Gradual Protocol OssificationChainCatcher reported that Ethereum founder Vitalik Buterin stated on social media that he supports gradually achieving protocol "ossification" after completing short-term scaling, streamlining Ethereum, and clearing technical debt, and he holds a cautious attitude toward large-scale protocol changes. He emphasized that the solution is not to maintain a closed circle, but to expand and balance core research and development.
- 14:16HSBC: Gold May Break Through $4,000 in the Short TermJinse Finance reported that HSBC stated: Due to geopolitical risks, fiscal uncertainty, and threats to the independence of the Federal Reserve, gold may break through the $4,000/ounce mark in the short term. Boosted by official sector purchases, the upward trend in gold prices is expected to continue until 2026, and institutional demand for gold as a diversification tool may remain strong. However, as the Federal Reserve's rate-cutting cycle ends, physical demand remains sluggish, and supply increases, the upward momentum of gold prices may slow down in the second half of 2026.