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.
Key Takeaways:A new report by the National Cryptocurrency Association shows that one in four American adults now owns crypto.67% of...
Key TakeawaysNuvion integrated Ripple’s RLUSD on July 6 to power cross-border settlement through a single API.RLUSD supply on the XRP...
bitFlyer USA has launched trading services in West Virginia, bringing the Japanese-owned crypto exchange closer to full coverage of the...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Payward Europe securing an electronic money institution...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure BNB Chain is working with stablecoin issuers...
