Chiliz (CHZ) surged 11% this week, reaching a market capitalization of $495.24 million and re-entering the top 100 in the cryptocurrency market. Derivatives data shows strong bullish sentiment, with open interest increasing by $14.6 million to $56 million, and the funding rate at 0.0782%. The Aroon Up line at 92 and other technical indicators indicate persistent buying pressure. Additionally, Chiliz joined the MiCA crypto alliance, complying with EU regulatory standards, further boosting market sentiment.
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Chiliz (CHZ) surged 11% this week, reaching a market capitalization of $495.24 million and re-entering the top 100 in the cryptocurrency market. Derivatives data shows strong bullish sentiment, with open interest increasing by $14.6 million to $56 million, and the funding rate at 0.0782%. The Aroon Up line at 92 and other technical indicators indicate persistent buying pressure. Additionally, Chiliz joined the MiCA crypto alliance, complying with EU regulatory standards, further boosting market sentiment.