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.
Cabaletta Bio announced Phase 1/2 clinical data for rese-cel, a CAR T cell therapy targeting autoimmune diseases, showing durable benefits without immunomodulators across dermatomyositis, lupus nephritis, and systemic sclerosis patients. All dermatom...
At the 13th annual Muhammad Ali Humanitarian Awards in Louisville, Colin Kaepernick was honored as Humanitarian of the Year for his activism and entrepreneurship, including founding literacy platform Lumi and Know Your Rights Camp. The event also rec...
Rising interest rates have led to significant drops in commercial and equity REIT valuations, creating attractive buying opportunities. BrightSpire Capital has eliminated all its risk-rated five loans and reduced troubled properties, signaling improv...
Solana offers a staking yield of 5.23% per year before validator fees, but its price has fallen 19.2% over the past 30 days to $89.25. To offset this price drop through staking rewards alone, holders would need to stake for over four years at a const...
Travelers, Allstate, and Chubb are three leading NYSE insurance companies known for their reliable dividends. Each pays out a small portion of earnings, allowing steady dividend growth even in tough times. Travelers has raised dividends annually sinc...
