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 TakeawaysIndia’s Narcotics Control Bureau dismantled the alleged Team Kalki darknet drug network.Binance and DSCI provided wallet tracking and blockchain...
Key Takeaways:XAU₮ has been officially certified as Sharia Compliant by Amanah Advisors, the gold backed token of Tether.Approvals for Islamic...
Africa loses an estimated $5 billion annually to cross-border payment fees and inefficiencies. When a business in Accra, Ghana pays...
Key TakeawaysBrian Armstrong urged lawmakers to hold a Senate vote on the CLARITY Act.The Coinbase CEO argued the legislation would...
Uphold has cut its global headcount by 17%, laying off roughly 85 employees and contractors, CoinDesk reported, citing sources familiar...
