CryptoQuant: Bitcoin futures market has not yet signaled capitulation
CryptoQuant stated on the X platform that the Bitcoin futures market has not yet shown a surrender signal. Given that the amount of long position liquidation is relatively small and there has been no significant negative funding rate, we believe that the futures market has not yet shown a surrender phenomenon.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Panama City Council makes history as the first government institution accepting crypto payments
Share link:In this post: Panama City council voted in favor of becoming the first public institution of government to accept payments in cryptocurrencies. Citizens will now be able to pay taxes, fees, tickets and permits entirely in crypto starting with BTC, ETH, USDC, and USDT. The city partnered with a bank that will receive crypto payments and convert them on the spot to U.S. dollars, allowing for the free flow of crypto in the entire economy.
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