
Bitcoin Funding Rate Turns Negative Amidst Stable Price Action
Bitcoin's funding rate has turned negative while open interest remains flat, prompting analysis of potential short-squeeze scenarios above the $70,000 mark.
Latest news from the Web3 ecosystem

Bitcoin's funding rate has turned negative while open interest remains flat, prompting analysis of potential short-squeeze scenarios above the $70,000 mark.

Concerns surrounding artificial intelligence's impact on traditional tech sectors have triggered significant drops across cryptocurrency markets. IBM's stock experienced a notable decline following an AI development that could affect its core business.

Crypto.com has taken a significant stride toward federal regulation, securing conditional approval from the U.S. OCC to establish Foris Dax National Trust Bank as a qualified custodian.

Bitcoin's weekly candlestick has closed below a significant moving average, marking the end of a 30-month bullish trend. This technical development suggests a potential for further price declines.

Cryptocurrency exchange Kraken's sponsorship of accounts associated with Donald Trump underscores the deepening connections between digital asset companies and the political landscape, reflecting the industry's growing maturity and reach.

Andre Cronje's new token, Flying Tulip (FT), has achieved a fully diluted valuation nearing $1 billion shortly after its launch. The project secured substantial funding prior to its debut.

A new partnership between Stablecore and Jack Henry provides 1,600 financial institutions with direct access to stablecoin functionalities, including tokenized deposits and crypto lending.

Major cryptocurrencies and US stock indices experienced declines following the announcement of new global tariffs by US President Donald Trump. The market is now assessing potential new lows.

A significant investor in BlackRock's Bitcoin ETF, linked to a mainland Chinese passport holder, has broken silence, attributing the $436 million stake to personal investment conviction.

Satlantis has launched a new event ticketing platform that natively integrates Bitcoin Lightning wallets, enabling seamless BTC payments and ticket issuance.

World Liberty Financial's stablecoin faced a significant price drop, which the company attributes to a concerted effort by social media actors and short-sellers.

Cryptocurrency markets experienced a significant downturn over the weekend and into Monday, with Bitcoin leading the decline. This broad market correction is linked to increasing uncertainty stemming from a trade dispute between the United States and the European Union.