While crypto assets booked double-digit gains during this week, with BTC sitting at record highs, funding rates for perpetual swaps on crypto exchanges are much closer to neutral levels than the market top in early March, CoinGlass data shows. Funding rate refers to the amount long traders pay shorts to take the opposite side of a trade. When funding rates are negative, shorts pay the fee to longs, as this relationship often occurs during bearish periods.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Chainlink is drawing technical attention after chart...
Key Takeaways:Bank of America has added focused leadership for its global digital assets platform.The move is part of the bank’s...
Key TakeawaysBitcoin holds near $64K after bouncing off a $62,516 low, testing $64,500 resistance on July 18.The MACD reads 118...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Chainlink is testing support as traders look...
Key TakeawaysUDX self-certified seven sports contract templates with the CFTC on July 15.Filings target first contract listings no later than...
