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🦉 Bitcoin ETF Breaks $20B Mark
Dogecoin Surges 10%, Swing States See Crypto Boom Ahead Of US Election, and More!
Traci Smith & Mike Cullison
October 18, 2024
GM 🦉 Daily Gains is the newsletter giving you crypto bombs every week!
In Today’s Crypto World:
Spot Bitcoin ETFs Record Over $2.1B Inflows in Five-Day Streak 🚀
Dogecoin Surges 10% as Elon Musk Names Proposed Govt. Department DOGE 🐕
Swing States See Crypto Boom Ahead Of US Election: Will It Sway The Vote? 💥
Gainers & Newbies 👀
Marvel Venom Drop 😮
BTC Open Interest (USD-24H) 🔬
DEGEN PLAYS
GAINERS & NEWBIES 👀
*Market insights are updated daily.
VEVE & NFT
MARVEL VENOM DROP 😮
CHART OF THE DAY
BTC OPEN INTEREST (USD-24H) 🔬
Open Interest (OI) relates to Bitcoin derivatives products. These are bitcoin futures and perpetual swap products for traders that allow them to speculate on whether the price of Bitcoin will go up or down, without them having to actually own any Bitcoin.
Open Interest is the value of contracts that are open at a given period of time. The value is usually denominated in USD or BTC. So to calculate Open Interest we sum up all of the open positions at that time whether they are long or short positions.
If more traders open positions then Bitcoin Open Interest goes up, if traders close positions then open interest goes down.
Therefore, it gives an overall view of how much money is moving in and out of the bitcoin derivatives market.
OWL’S EYE VIEW
CRYPTO VIDEO SPOTLIGHT - STABLE COINS EXPLAINED 🔦
HOOT’S OF ENLIGHTENMENT
WHAT IS PEPE? 💡
PEPE coin has gained popularity for its strong community-driven momentum, inspired by the iconic internet meme Pepe the Frog.
What makes PEPE so amazing is its ability to blend humor with the crypto world, creating a lighthearted yet impactful presence. It’s entirely decentralized, meaning it’s governed by its community, fostering a sense of belonging and fun.
Its meme status allows it to attract a wide audience, helping fuel viral marketing. Despite starting as a joke, PEPE has demonstrated resilience, proving that meme coins can harness the power of community engagement and drive strong growth in the crypto space.
OWLGO’S HOOT BUZZ
OWLGO’S HOT X POST 🚀
OWLGO’S LOLS
DAILYMEMES 🤣
Brought To You By: DailyGainsCrypto.com
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.