2024-4-12 23:20 |
Coinbase International Exchange announced the launch of perpetual futures trading for a Pepe meme coin
Similar to Notcoin - Blum - Airdrops In 2024
|
Coinbase users can now buy PEPE through its noncustodial wallet
2023-5-3 16:37 | |
|
|
Let’s see what crypto news the last few days of April have brought with U.Today’s news digest
2023-5-1 19:15 | |
|
|
|
Аналог Notcoin - Blum - Играй и зарабатывай Монеты
|
The funding rate is a key mechanism in Bitcoin perpetual futures designed to keep the contract price as close as possible to BTC‘s spot price. It’s a periodic payment exchange between long and short traders, determined by the difference between the perpetual futures and spot prices.
Onchain Highlights DEFINITION: Bitcoin price performance since halving cycles Bitcoin’s price trajectory across its five halving epochs highlights the influence of supply shocks on long-term market behavior.
Bitcoin’s breakout above $60,000 seems to have triggered a new spark of optimism among traders. The market has been flat for most of August after experiencing a significant drop at the beginning of the month, which is why the relatively slight price increase above the $60,000 threshold was enough to inject the market with a […] The post Bitcoin’s climb above $60k causes futures open interest to surge $2B in a day appeared first on CryptoSlate.
Onchain Highlights DEFINITION: The number of unique addresses holding at least ten coins. Bitcoin addresses holding at least 10 BTC have declined in 2024. The number of such addresses began the year at approximately 155,500, with the number falling through the first quarter to hit a low of around 152,600 in late March.
Bitcoin’s drop to below $50,000 on Aug. 5 marked the largest drawdown in the current cycle, resulting in substantial profit losses and liquidations. And while BTC has shown solid signs of recovery since then, consolidating around $60,000, the market still remains cautious as it recently dipped below this psychological support.
The funding rate for perpetual futures serves as a proxy for market sentiment and shows the balance between long and short positions. Significant deviations from the average funding rate across exchanges can signal potential imbalances in positioning.