Bitcoin's funding rates, which help align perpetual contract prices with the underlying asset, have dropped to historic lows even as Bitcoin's price rebounded above $81,000. This negative funding rate indicates traders are paying to maintain short positions, reflecting skepticism despite the price rally. The surge in Bitcoin's open interest to $64 billion and significant short liquidations suggest a short squeeze is fueling the recent price rise. However, if spot demand weakens against derivative selling pressure, Bitcoin could face a price reversal and continue its macro bear market trend.
Bitcoin BIP Editor Mark “Murch” Erhardt proposed removing fellow editor Luke Dashjr over alleged procedural favoritism related to the contentious BIP110 proposal, which recently caused a chain split. Dashjr denied the accusations, claiming he followe...
Pumpfun, a Solana-based memecoin launchpad, has overtaken Hyperliquid in 30-day revenue, ranking third among crypto protocols behind Tether and Circle. This marks a significant shift as Hyperliquid, known for its volatile revenue from derivatives, fa...
Bitcoin remained steady near $65,200, rising 3.7% over the week despite the U.S. Senate postponing the CLARITY Act vote until September. The market's resilience suggests the delay was already anticipated, with gains driven by investment flows rather ...
Ethereum is trading around $1,920, maintaining crucial support between $1,800 and $1,850 while showing two bullish monthly TD Sequential buy signals. These signals have historically preceded major price surges, suggesting potential upward momentum. E...
Harry Yeh, founder of Quantum Fintech and key supporter of the Fantom ecosystem, died after falling from the 30th floor of a high-rise in Asunción, Paraguay. Authorities are investigating the cause, considering accident, suicide, or homicide, with fo...
