• Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
31 July Thursday, 2025
  • tr Türkçe
  • en English
TurkishNY Radio
No Result
View All Result
  • Home
  • Cryptocurrency
  • Business
  • Economy
  • Home
  • Cryptocurrency
  • Business
  • Economy
No Result
View All Result
  • tr Türkçe
  • en English
TurkishNY Radio
No Result
View All Result
Bitcoin Bitcoin (BTC) $116,158.86 ↓ -1.00%
Ethereum Ethereum (ETH) $3,714.84 ↓ -1.18%
XRP XRP (XRP) $3.03 ↓ -1.42%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.01%
BNB BNB (BNB) $793.08 ↑ 0.90%
Solana Solana (SOL) $173.50 ↓ -1.12%
USDC USDC (USDC) $1.00 ↓ 0.00%
Dogecoin Dogecoin (DOGE) $0.21 ↓ -2.50%
TRON TRON (TRX) $0.33 ↓ -0.29%
Cardano Cardano (ADA) $0.75 ↓ -1.34%
Hyperliquid Hyperliquid (HYPE) $41.45 ↓ -1.35%
Sui Sui (SUI) $3.65 ↓ -1.95%
Stellar Stellar (XLM) $0.40 ↑ 0.10%
Chainlink Chainlink (LINK) $17.00 ↓ -2.62%
Bitcoin Cash Bitcoin Cash (BCH) $566.50 ↓ -0.26%
Hedera Hedera (HBAR) $0.25 ↑ 0.68%
Avalanche Avalanche (AVAX) $22.62 ↓ -1.88%
Toncoin Toncoin (TON) $3.54 ↑ 4.88%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.03%
UNUS SED LEO UNUS SED LEO (LEO) $8.96 ↑ 0.08%
Litecoin Litecoin (LTC) $107.55 ↓ -1.79%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -1.13%
Polkadot Polkadot (DOT) $3.70 ↓ -1.34%
Uniswap Uniswap (UNI) $9.42 ↓ -4.04%
Monero Monero (XMR) $306.31 ↓ -0.78%
Dai Dai (DAI) $1.00 ↓ -0.02%
Bitget Token Bitget Token (BGB) $4.44 ↓ -1.46%
Pepe Pepe (PEPE) $0.00 ↓ -2.90%
Cronos Cronos (CRO) $0.14 ↓ -2.28%
Aave Aave (AAVE) $263.71 ↓ -2.30%
Ethena Ethena (ENA) $0.57 ↓ -3.74%
Bittensor Bittensor (TAO) $356.19 ↓ -3.02%
Ethereum Classic Ethereum Classic (ETC) $20.86 ↓ -1.25%
NEAR Protocol NEAR Protocol (NEAR) $2.56 ↓ -1.78%
Pi Pi (PI) $0.41 ↓ -1.84%
Ondo Ondo (ONDO) $0.93 ↓ -0.81%
Aptos Aptos (APT) $4.37 ↓ -1.52%
Internet Computer Internet Computer (ICP) $5.28 ↓ -1.49%
OKB OKB (OKB) $46.91 ↓ -2.39%
Mantle Mantle (MNT) $0.74 ↓ -0.25%
Kaspa Kaspa (KAS) $0.09 ↓ -3.70%
Pudgy Penguins Pudgy Penguins (PENGU) $0.03 ↓ -1.97%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.21 ↓ -3.63%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.02%
Bonk Bonk (BONK) $0.00 ↓ -5.09%
Algorand Algorand (ALGO) $0.25 ↓ -1.26%
GateToken GateToken (GT) $17.09 ↓ -1.72%
Arbitrum Arbitrum (ARB) $0.40 ↓ -1.55%
VeChain VeChain (VET) $0.02 ↓ -3.76%
Render Render (RENDER) $3.77 ↓ -0.84%
Worldcoin Worldcoin (WLD) $1.02 ↓ -2.90%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.03 ↓ -1.95%
Story Story (IP) $6.05 ↑ 3.06%
Sky Sky (SKY) $0.08 ↓ -2.55%
Sei Sei (SEI) $0.30 ↓ -4.08%
Cosmos Cosmos (ATOM) $4.24 ↓ -3.03%
Filecoin Filecoin (FIL) $2.41 ↓ -1.68%
Flare Flare (FLR) $0.02 ↓ -4.29%
XDC Network XDC Network (XDC) $0.10 ↑ 2.69%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.67 ↓ -1.01%
SPX6900 SPX6900 (SPX) $1.69 ↓ -6.06%
Jupiter Jupiter (JUP) $0.49 ↓ -3.72%
Four Four (FORM) $3.79 ↓ -0.11%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.01%
KuCoin Token KuCoin Token (KCS) $11.28 ↓ -0.07%
Quant Quant (QNT) $116.78 ↓ -1.23%
Injective Injective (INJ) $13.42 ↓ -0.78%
Curve DAO Token Curve DAO Token (CRV) $0.95 ↓ -7.56%
Stacks Stacks (STX) $0.72 ↓ -3.17%
Celestia Celestia (TIA) $1.71 ↓ -1.50%
Optimism Optimism (OP) $0.67 ↓ -2.81%
Conflux Conflux (CFX) $0.21 ↓ -4.70%
FLOKI FLOKI (FLOKI) $0.00 ↑ 0.06%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ 0.00%
Fartcoin Fartcoin (FARTCOIN) $1.00 ↓ -3.21%
Ethereum Name Service Ethereum Name Service (ENS) $27.07 ↓ -2.63%
The Graph The Graph (GRT) $0.09 ↓ -3.97%
Immutable Immutable (IMX) $0.52 ↓ -3.52%
PancakeSwap PancakeSwap (CAKE) $2.76 ↑ 0.21%
PAX Gold PAX Gold (PAXG) $3,299.13 ↑ 0.19%
dogwifhat dogwifhat (WIF) $0.93 ↓ -1.69%
Kaia Kaia (KAIA) $0.15 ↓ -2.16%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -5.52%
Sonic Sonic (S) $0.31 ↑ 2.55%
Lido DAO Lido DAO (LDO) $0.96 ↓ -4.84%
Nexo Nexo (NEXO) $1.32 ↓ -0.02%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.28 ↓ -2.68%
Tezos Tezos (XTZ) $0.78 ↓ -4.24%
Vaulta Vaulta (A) $0.52 ↓ -2.51%
Tether Gold Tether Gold (XAUt) $3,296.12 ↑ 0.27%
Theta Network Theta Network (THETA) $0.80 ↓ -1.87%
IOTA IOTA (IOTA) $0.19 ↓ -3.15%
Raydium Raydium (RAY) $2.80 ↓ -2.71%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -1.35%
The Sandbox The Sandbox (SAND) $0.28 ↓ -1.80%
Gala Gala (GALA) $0.02 ↓ -3.19%
Aerodrome Finance Aerodrome Finance (AERO) $0.79 ↓ -1.78%
Pendle Pendle (PENDLE) $4.09 ↓ -4.04%
BitTorrent [New] BitTorrent [New] (BTT) $0.00 ↓ -2.88%
Pyth Network Pyth Network (PYTH) $0.12 ↓ -2.51%
Bitcoin Bitcoin (BTC) $116,158.86 ↓ -1.00%
Ethereum Ethereum (ETH) $3,714.84 ↓ -1.18%
XRP XRP (XRP) $3.03 ↓ -1.42%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.01%
BNB BNB (BNB) $793.08 ↑ 0.90%
Solana Solana (SOL) $173.50 ↓ -1.12%
USDC USDC (USDC) $1.00 ↓ 0.00%
Dogecoin Dogecoin (DOGE) $0.21 ↓ -2.50%
TRON TRON (TRX) $0.33 ↓ -0.29%
Cardano Cardano (ADA) $0.75 ↓ -1.34%
Hyperliquid Hyperliquid (HYPE) $41.45 ↓ -1.35%
Sui Sui (SUI) $3.65 ↓ -1.95%
Stellar Stellar (XLM) $0.40 ↑ 0.10%
Chainlink Chainlink (LINK) $17.00 ↓ -2.62%
Bitcoin Cash Bitcoin Cash (BCH) $566.50 ↓ -0.26%
Hedera Hedera (HBAR) $0.25 ↑ 0.68%
Avalanche Avalanche (AVAX) $22.62 ↓ -1.88%
Toncoin Toncoin (TON) $3.54 ↑ 4.88%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.03%
UNUS SED LEO UNUS SED LEO (LEO) $8.96 ↑ 0.08%
Litecoin Litecoin (LTC) $107.55 ↓ -1.79%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -1.13%
Polkadot Polkadot (DOT) $3.70 ↓ -1.34%
Uniswap Uniswap (UNI) $9.42 ↓ -4.04%
Monero Monero (XMR) $306.31 ↓ -0.78%
Dai Dai (DAI) $1.00 ↓ -0.02%
Bitget Token Bitget Token (BGB) $4.44 ↓ -1.46%
Pepe Pepe (PEPE) $0.00 ↓ -2.90%
Cronos Cronos (CRO) $0.14 ↓ -2.28%
Aave Aave (AAVE) $263.71 ↓ -2.30%
Ethena Ethena (ENA) $0.57 ↓ -3.74%
Bittensor Bittensor (TAO) $356.19 ↓ -3.02%
Ethereum Classic Ethereum Classic (ETC) $20.86 ↓ -1.25%
NEAR Protocol NEAR Protocol (NEAR) $2.56 ↓ -1.78%
Pi Pi (PI) $0.41 ↓ -1.84%
Ondo Ondo (ONDO) $0.93 ↓ -0.81%
Aptos Aptos (APT) $4.37 ↓ -1.52%
Internet Computer Internet Computer (ICP) $5.28 ↓ -1.49%
OKB OKB (OKB) $46.91 ↓ -2.39%
Mantle Mantle (MNT) $0.74 ↓ -0.25%
Kaspa Kaspa (KAS) $0.09 ↓ -3.70%
Pudgy Penguins Pudgy Penguins (PENGU) $0.03 ↓ -1.97%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.21 ↓ -3.63%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.02%
Bonk Bonk (BONK) $0.00 ↓ -5.09%
Algorand Algorand (ALGO) $0.25 ↓ -1.26%
GateToken GateToken (GT) $17.09 ↓ -1.72%
Arbitrum Arbitrum (ARB) $0.40 ↓ -1.55%
VeChain VeChain (VET) $0.02 ↓ -3.76%
Render Render (RENDER) $3.77 ↓ -0.84%
Worldcoin Worldcoin (WLD) $1.02 ↓ -2.90%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.03 ↓ -1.95%
Story Story (IP) $6.05 ↑ 3.06%
Sky Sky (SKY) $0.08 ↓ -2.55%
Sei Sei (SEI) $0.30 ↓ -4.08%
Cosmos Cosmos (ATOM) $4.24 ↓ -3.03%
Filecoin Filecoin (FIL) $2.41 ↓ -1.68%
Flare Flare (FLR) $0.02 ↓ -4.29%
XDC Network XDC Network (XDC) $0.10 ↑ 2.69%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.67 ↓ -1.01%
SPX6900 SPX6900 (SPX) $1.69 ↓ -6.06%
Jupiter Jupiter (JUP) $0.49 ↓ -3.72%
Four Four (FORM) $3.79 ↓ -0.11%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.01%
KuCoin Token KuCoin Token (KCS) $11.28 ↓ -0.07%
Quant Quant (QNT) $116.78 ↓ -1.23%
Injective Injective (INJ) $13.42 ↓ -0.78%
Curve DAO Token Curve DAO Token (CRV) $0.95 ↓ -7.56%
Stacks Stacks (STX) $0.72 ↓ -3.17%
Celestia Celestia (TIA) $1.71 ↓ -1.50%
Optimism Optimism (OP) $0.67 ↓ -2.81%
Conflux Conflux (CFX) $0.21 ↓ -4.70%
FLOKI FLOKI (FLOKI) $0.00 ↑ 0.06%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ 0.00%
Fartcoin Fartcoin (FARTCOIN) $1.00 ↓ -3.21%
Ethereum Name Service Ethereum Name Service (ENS) $27.07 ↓ -2.63%
The Graph The Graph (GRT) $0.09 ↓ -3.97%
Immutable Immutable (IMX) $0.52 ↓ -3.52%
PancakeSwap PancakeSwap (CAKE) $2.76 ↑ 0.21%
PAX Gold PAX Gold (PAXG) $3,299.13 ↑ 0.19%
dogwifhat dogwifhat (WIF) $0.93 ↓ -1.69%
Kaia Kaia (KAIA) $0.15 ↓ -2.16%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -5.52%
Sonic Sonic (S) $0.31 ↑ 2.55%
Lido DAO Lido DAO (LDO) $0.96 ↓ -4.84%
Nexo Nexo (NEXO) $1.32 ↓ -0.02%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.28 ↓ -2.68%
Tezos Tezos (XTZ) $0.78 ↓ -4.24%
Vaulta Vaulta (A) $0.52 ↓ -2.51%
Tether Gold Tether Gold (XAUt) $3,296.12 ↑ 0.27%
Theta Network Theta Network (THETA) $0.80 ↓ -1.87%
IOTA IOTA (IOTA) $0.19 ↓ -3.15%
Raydium Raydium (RAY) $2.80 ↓ -2.71%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -1.35%
The Sandbox The Sandbox (SAND) $0.28 ↓ -1.80%
Gala Gala (GALA) $0.02 ↓ -3.19%
Aerodrome Finance Aerodrome Finance (AERO) $0.79 ↓ -1.78%
Pendle Pendle (PENDLE) $4.09 ↓ -4.04%
BitTorrent [New] BitTorrent [New] (BTT) $0.00 ↓ -2.88%
Pyth Network Pyth Network (PYTH) $0.12 ↓ -2.51%
Home Cryptocurrency

Binance Hits Record $8.3 Billion OI: What Does It Mean for the Crypto Market?

András Crow-Hreidar by András Crow-Hreidar
7 November 2024
in Cryptocurrency, News
Reading Time: 2 mins read
0
the growth and volatility in the cryptocurrency market with a focus on Bitcoin and Binance is record breaking open interest OI

With Bitcoin surpassing the $75,000 mark and investor anticipation rising, largely due to potential crypto-friendly policies from Donald Trump, market expectations are climbing. A surge in open interest (OI) on Binance and significant whale movements are increasing market volatility, drawing the attention of traders.

Qubetics is 728x90 1 1

Table of Contents

Toggle
    • YOU MAY BE INTERESTED
    • Experts’ Secret Shortlist: 3 Best Cryptos to Join in 2025 That Could Go Parabolic
    • $TRUMP Holds Strong, Doginme Shows Grit – MoonBull’s Limited Whitelist Has Degens Rushing: Is This the Best New Meme Coin?
  • Record-Breaking Open Interest on Binance
  • Trump Effect and Whale Activity
  • Critical Levels for Bitcoin’s Price
  • Market Outlook Amid Rising Volatility

YOU MAY BE INTERESTED

image 888

Experts’ Secret Shortlist: 3 Best Cryptos to Join in 2025 That Could Go Parabolic

31 July 2025
image 885

$TRUMP Holds Strong, Doginme Shows Grit – MoonBull’s Limited Whitelist Has Degens Rushing: Is This the Best New Meme Coin?

31 July 2025

On Wednesday, Bitcoin crossed $75,000, reaching an all-time high before stabilizing around $74,500 on Thursday. Market analysts are hopeful that Trump’s potential pro-crypto policies could drive further growth in the crypto sector, painting an optimistic picture for investors.

Record-Breaking Open Interest on Binance

Binance’s OI reached a new high, increasing by 10.24% in the past 24 hours to an impressive $8.3 billion. According to CryptoQuant, Binance now holds approximately 35% of the global $23.3 billion OI, underscoring its dominance in the derivatives market. This surge in OI suggests heightened volatility ahead, with both long and short positions likely to face pressure.

Open interest represents the sum of long and short positions, and a sharp increase can indicate more liquidations and market volatility. Notably, higher OI levels in the futures market can fuel price fluctuations and increase liquidation risks.

Trump Effect and Whale Activity

Trump’s return to the presidency has sparked a broader bullish sentiment in crypto markets. The Coinbase Premium Index jumped, indicating growing U.S. investor interest in Bitcoin. On November 6, over $132 million worth of BTC (approximately 1,807 BTC) was withdrawn from Binance in a single hour by 11 new whale wallets. Such large transactions reveal the influence of institutional and large-scale investors in the market.

Bitcoin is recent surge and the record breaking open interest OI on Binance. Show Bitcoins symbol prominently with upward

Critical Levels for Bitcoin’s Price

Crypto analyst Ali Martinez, using the TD Sequential indicator, suggests Bitcoin could face a short-term correction, with a possible pullback to the $72,000 level. Martinez highlights the importance of the $75,400 support level, noting that holding above this threshold could pave the way for Bitcoin to trend upward toward $78,000. However, if Bitcoin fails to maintain this level, a short-term correction may follow, warranting caution for investors.

ADVERTISEMENT

Market Outlook Amid Rising Volatility

The crypto market, marked by increasing OI and significant whale activity, continues to keep investors alert as BTC’s price movement remains in focus. Whale transactions and heightened volatility introduce uncertainty about the market’s future direction. Nonetheless, interest from long-term investors persists. Bitcoin’s performance at these critical levels will be pivotal in determining market momentum and potential direction.

For more updates on the crypto market, stay tuned to Turkish NY Radio for expert insights.

Tags: Binancebitcoinmarket volatilityopen interestTrump effect
Previous Post

Revuelto NFTs Bring Lamborghini’s First Digital Collection with Exclusive Perks

Next Post

Garlinghouse Pushes Trump for Immediate SEC Reforms to Boost Crypto Clarity

András Crow-Hreidar

András Crow-Hreidar

Editor-in-chief, Content Editor Hi there, my name is András and I'm a business and finance journalist living in Norway. My passion lies in uncovering the latest stories in the world of finance and delivering them to my readers in a way that's clear and engaging. I cover a wide range of topics in the finance world, including cryptocurrencies, which I believe have the potential to transform the way we interact with money and financial systems.

SIMILAR NEWS

image 888
Cryptocurrency

Experts’ Secret Shortlist: 3 Best Cryptos to Join in 2025 That Could Go Parabolic

31 July 2025
image 885
Cryptocurrency

$TRUMP Holds Strong, Doginme Shows Grit – MoonBull’s Limited Whitelist Has Degens Rushing: Is This the Best New Meme Coin?

31 July 2025
PENGU price
News

PENGU Price Crashes 15 Percent After Insider Wallet Dumps Millions

31 July 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
DMCA
PROTECTED

Categories

  • Business
  • Cryptocurrency
  • Economy
  • en
  • News
  • Politics
  • World

Recent Posts

  • Experts’ Secret Shortlist: 3 Best Cryptos to Join in 2025 That Could Go Parabolic
  • $TRUMP Holds Strong, Doginme Shows Grit – MoonBull’s Limited Whitelist Has Degens Rushing: Is This the Best New Meme Coin?
  • PENGU Price Crashes 15 Percent After Insider Wallet Dumps Millions
  • Korea’s Ex-President Faces Crypto Meltdown: The Untold Story of the Yoon Crypto Scandal
  • BTC Holds Steady But Whale Wallets Say Otherwise: Is a Breakdown Coming?

Site Navigation

  • Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact

TurkishNY Radio

Banner 1
Banner 2
No Result
View All Result
  • Home
  • Cryptocurrency
  • Business
  • Economy
  • tr Türkçe
  • en English

  • English
  • Türkçe (Turkish)