, has been at or around neutral levels over the past six months. The previous record duration of a compressed funding environment lasted for four months from May to October last year.
"This consistency of neutral to negative funding rates is unprecedented in the BTC [perpetual market] history,"wrote in a report this week. That could be driven by the prolonged bearish sentiment among crypto traders, or the entrance of more funds taking advantage of the base neutral funding rate of 0.01% to earn a consistent yield, according to Arcane.
Typically, funding rates have seen sharp swings, which reflected extreme bullish/bearish sentiment around price highs and lows. Over time, however, traders have been less willing to pay for additional long or short exposure, possibly indicating a lower appetite for leverage or a neutral outlook among market participants.
Currently, funding rates are making minor lows, which could signal stabilization in prices after extreme sell-offs. For example, BTC's dip last weekend sent Bybit’s funding rate to the lowest level since February, similar to what occurred after BTC's sharp drop toward $25,300 on May 10.The U.S.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
I try to allocate usdt more often to buy $LINK. This project has great potential
Hey. Are you confused on what to do with your crypto earnings. I help with crypto investments with which your risk taking is my budden
GUYS GO GO GO👉 SHlB_AlRDROP
$HNT is perhaps the best project in the space
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Market Wrap: Bitcoin Close to $30K as Investors Search for a BottomMARKET WRAP: Bitcoin $BTC is approaching the middle or late stage of a bear market phase, according to some indicators, and $30K is just another tightrope. NewsAsset and intocryptoverse and invest_answers what does the trio think about this? Are we there yet? This will be a while and could last all summer. Until then I'd rather buy and hold a project like BIT wherein you get rewarded through airdrop from the treasury, and the whole DAO stays secure through members engaging through voting
Source: CoinDesk - 🏆 291. / 63 Read more »
Tight labor market pushes Alaska unemployment to a record lowAlaska’s unemployment rate has reached its lowest level ever, highlighting an extremely tight labor market that creates headaches for employers who need workers, but also advantages for potential workers who can shop for the highest wages. Maybe it’s low because they ain’t approving people for unemployment lol! Show me the money!
Source: adndotcom - 🏆 293. / 63 Read more »
Vietnamese GameFi startup Ancient8 gets $6 million in tightening VC marketThe Vietnam-based blockchain gaming guild has secured a $6 million fundraise, despite at least one prior investor backing out.
Source: TheBlock__ - 🏆 464. / 53 Read more »
Johnny Depp, Amber Heard’s former LA penthouse hits market for $1.76MA penthouse once belonging to Johnny Depp and Amber Heard at the Eastern Columbia Building in Downtown Los Angeles has been listed for $1.76 million. Apparently second mortgage interest rates are too high & it’s difficult to qualify for the loan when you have no collateral The drug den is for sale? That place is a real shithouse
Source: FoxBusiness - 🏆 458. / 53 Read more »
Dear Prudence Uncensored: “Flea Market Dates”'I think what no one likes to say is that we’re all different depending on who we’re around and what we’re doing.'
Source: Slate - 🏆 716. / 51 Read more »
Market Watch: Cardano Gains Another 3% While Bitcoin Still Flirts With $30KCardano continues to march on with another daily increase. Bitcoin has maintained the $30,000 level.
Source: Crypto_Potato - 🏆 568. / 51 Read more »