Nearly $1.5 billion was added to $BTC open interest during the recent selloff, according to Glassnode. As prices fell, traders continued to build leveraged positions.

Yoni Crypto

🇺🇸 The average period of unemployment in the US reached 27.1 weeks in October, its longest outside the pandemic since 2016. The rise means 2 million people have been jobless for at least six months.

Yoni Crypto

The US Treasury has sanctioned 8 Canadian money-service firms over alleged crypto transactions linked to Iran. It also offered up to $20 million for information on Iran’s nuclear program - a hefty reward for a very serious subject.

Yoni Crypto