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:Gemini donated more than $10 million dollars in Bitcoin to the pro-Trump MAGA Inc. PAC.The gift was revealed in...
Key TakeawaysA cluster of 3.55 million BTC has cost bases concentrated around $68,000.Bitfinex says ETF inflows, not AI stocks, have...
The European Union has added cryptocurrency exchange HTX to its latest package of sanctions against Russia, expanding efforts to restrict...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Aave governance is reviewing a proposal to...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Solana’s decentralized exchange activity has surged again,...
