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02:23
Current mainstream CEX and DEX funding rates indicate a significant weakening of bearish sentiment in the market.
BlockBeats News, April 16 — According to Coinglass data, as Bitcoin continues its upward trend, current funding rates on leading CEX and DEX platforms show a significant weakening in bearish sentiment, with specific funding rates shown in the attached image. BlockBeats note: Funding rates are rates set by cryptocurrency trading platforms to maintain a balance between contract prices and the underlying asset prices, usually applied to perpetual contracts. It is a capital exchange mechanism between long and short traders; the trading platform does not charge this fee. It is used to adjust the cost or return of holding a contract, keeping contract prices close to the underlying asset prices. When the funding rate is at 0.01%, this indicates the benchmark rate. When the funding rate is higher than 0.01%, it represents a generally bullish market. When the funding rate is below 0.005%, it indicates a generally bearish market.
02:22
Futures Hotspot Tracking
Pork prices in many regions have stopped falling and started to rebound. Leading enterprises have reduced production volumes, and rising market sentiment has driven a rally in live hog futures. There is a divergence between near- and far-month futures performance; under the pattern of oversupply, there is still ongoing competition in the future market.
02:19
Ethereum Foundation member Trent Van Epps announces departure
According to Deep Tide TechFlow, on April 16, Ethereum Foundation member Trent Van Epps announced on X that he resigned last Friday. He expressed respect for his partners from the past five years involved in network upgrades and funding support, and stated that as long as funding allows, he will continue to participate in Protocol Guild and work related to Ethereum's political economy.
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