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.
Alphabet is predicted to announce that its Google Cloud division will achieve revenue growth exceeding 100% in its upcoming report on October 28. This significant growth highlights the expanding importance of cloud services in Alphabet's business str...
Chery Auto is showcasing its purpose-built Level 4 (L4) self-driving Robotaxi at its 2026 Global User Summit in Wuhu, China, and signing a strategic cooperation agreement with UAE-based company K2. The Robotaxi, designed from the ground up for autono...
Nine companies, including Broadcom and Verizon, have formally objected to the listing of tokenized versions of their shares by the OKX-ICE blockchain exchange. These tokenized stocks represent digital versions of shares but may lack shareholder right...
On October 16, Bitcoin's mining difficulty increased by 5.92%, the second-largest rise this year, making mining more costly without increasing Bitcoin rewards. This adjustment means miners must expend nearly 6% more computing power for the same payou...
Uniswap's (UNI) token reserves held on Binance decreased to about 72.9 million after a decline starting October 10. The token's price also dropped, closing at $7.15 on October 17, which is 21% lower than its $9.08 close on October 5. This reserve dec...
