2 key indicators cast doubt on the strength of the current crypto market recovery

2 key indicators cast doubt on the strength of the current crypto market recovery
фото показано с : cointelegraph.com

2022-2-14 00:30

BTC and altcoins flashed bullish this week, but the perpetual contracts funding rate and Tether premium reflect a lack of confidence from traders. origin »

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Bitcoin Funding Rates Remain Negative For More Than A Week

On-chain data shows the Bitcoin funding rates have mostly remained negative for more than a week now. If past trend is anything to go by, this may mean that a bottom could be near. Bitcoin Funding Rates Have Now Remained Mostly Negative For More Than Seven Days As pointed out by an analyst in a CryptoQuant post, the Bitcoin funding rates have been negative in the past week for the most part.

2022-2-1 22:00


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Chingari token, $GARI, becomes the first crypto to list on six top exchanges at a go

Following a successful Series A funding round earlier in the week, Chingari, India’s top video-sharing app, $GARI, its native token has been listed on six top exchanges. Announced Monday, $GARI will be listed on Huobi Global, FTX, KuCoin, Gate io, OKEx, and MEXC Global, which have reported over $12 billion in combined daily trading volume.  […]

2022-1-18 16:20


Bitcoin Company NYDIG Raises $1 Billion in Latest Funding Round at a Valuation of $7B

Bitcoin financial services company NYDIG announced this week that it had raised $1 billion in its latest funding round led by VC firm WestCap at a valuation of more than $7 billion. Existing investors Bessemer Venture Partners, Morgan Stanley, New York Life, Mass Mutual, FIS, Fiserv, and Affirm holdings also participated in the round.

2021-12-15 22:07


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Ethereum’s Rocketing Funding Rates a Grave Sign for Its Ongoing Rally

Ethereum has been severely underperforming Bitcoin in recent times, but this appears to be shifting as the cryptocurrency posts a breakout rally while BTC declines This uptrend has come about as long positions for the cryptocurrency rocket higher, reaching a fresh all-time high this week In tandem with this, ETH’s funding rate has also grown massively – which is typically a grave sign that a torrent of liquidations is imminent Ethereum has been able to […]

2020-5-30 23:00


Crypto Winter Thaws as Bitcoin Investment Firms Raise Nearly $275 Million

Down more than 82 percent from its all-time high at $813 billion, the crypto market technically remains neck-deep in a 15-month long bear market that began in January 2018. But, in recent months, with support from some of the largest financial institutions in the global market, the crypto industry has seen significant progress in areas including institutionalization, regulation, and adoption.

2019-3-29 20:40