Summary of Bitcoin Derivatives: Open Interest

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The video discusses the open interest of Bitcoin futures, which has been declining since the price of Bitcoin was going down. It is not clear yet if Bitcoin has bottomed, but cryptographers.com has a premium list of cryptocurrencies with on-chain charts that can be accessed for free.

  • 00:00:00 This video discusses the open interest of Bitcoin Futures contracts, which depict an agreement to buy or sell a cryptocurrency at a specified price at a future date. The chart shows that over the past two years, the open interest in Bitcoin Futures contracts has consistently trended upwards, reaching a peak in November of this year. Although the trend may be indicative of an overvalued market, it is worth noting that as the value of Bitcoin rises, the value of the contracts will likely increase as well.
  • 00:05:00 The video discusses the open interest of Bitcoin futures, which has been declining since the price of Bitcoin was going down. It is not clear yet if Bitcoin has bottomed, but cryptographers.com has a premium list of cryptocurrencies with on-chain charts that can be accessed for free.

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