Bitcoin's Open Interest Keeps Climbing πŸ“ˆ The continuous rise in Open Interest (OI) reflects a growing number of derivative contracts, signaling increased market activity. As OI climbs, it suggests that more traders and investors are entering the Bitcoin market, whether betting long or short, bringing in fresh capital and boosting liquidity. This trend is positive for the financialization of Bitcoin. It attracts more sophisticated market participants, helps develop the broader market infrastructure, and, given Bitcoin’s relative youth, contributes to price discovery. A higher OI also points to a more mature and resilient market, one better positioned to support mainstream adoption and integration with traditional finance. Let’s not forget: Bitcoin is a currency. Like any currency, it must be embraced by the financial world to achieve adoption and move toward full Bitcoinization on a global scale 🌐 image
πŸ“… August 18th, rates start at 10% APR πŸš€ πŸ”Ή10% for our prepaid card πŸ”Ή10% in USDC on Polygon πŸ”Ή12% in USDT on Ethereum πŸ’‘A Bitcoin hodler locks their BTC on-chain and agrees to pay you the yield. It's that simple πŸ€·β€β™‚οΈ image