In a significant shift, the traditional derivatives marketplace, the Chicago Mercantile Exchange (CME), has dethroned Binance as the dominant force in Bitcoin futures open interest. This change follows Bitcoin’s surge beyond the $37,000 threshold, a milestone not reached in over 18 months. Several analysts have noted this ‘flippening,’ where CME has now claimed the largest share of Bitcoin futures open interest, surpassing the global cryptocurrency exchange, Binance. Open interest is a crucia...