Tags : Funding

Bitcoin

Bitcoin Jumps as Fed Signals Greenlight, Funding Rates Cool Off

After an early-morning slump as the crypto market waited in anticipation for the Fed meeting, Bitcoin (BTC) prices bounced more than 7% to $58,000 from an intraday low of $54,000. The broader crypto market welcomed Fed Chair Jerome Powell’s words as he reinstated that interest rates would remain at current levels until 2023. Alongside BTC, […]Read More

Bitcoin

Data shows funding rates for Bitcoin are “warming up again”

On-chain data for funding rates shows traders are once again piling into Bitcoin, the world’s largest cryptocurrency by market cap. Funding rates are an indicator of increased trading activity. Perpetual swap products allow traders to borrow in excess of the funds they hold—a process called using leverage—to place bigger bets for more gains while putting […]Read More

Market

Market Wrap: Bitcoin Descends to $31K as Ether Funding Rates

Bitcoin has suffered two straight days of selling, bringing the price close to below $31,000. Also, ether funding rates for leveraged positions are cooling after a very heated few weeks. Bitcoin (BTC) trading around $31,850 as of 21:00 UTC (4 p.m. ET). Slipping 8.9% over the previous 24 hours. Bitcoin’s 24-hour range: $31,006-$35,656 (CoinDesk 20) […]Read More

Ethereum

Robinhood Secures $280M in Series F Funding, Plans to Expand

In brief: Robinhood has secured $280 Million Series F funding after an $8.3 Billion valuation.  The funding will drive a push to expand the platform globally.  Robinhood also plans on scaling the platform and offering more products to users.  The team at the popular trading platform of Robinhood has announced that the firm has secured […]Read More