Bitcoin Funding Signals Overcrowded Short Trade
Bitcoin’s daily funding rate remains deeply negative, indicating heavy short positioning; historical data suggests a potential squeeze on bears may be imminent. #Update #Crypto $BTC
CoinTelegraph is a leading cryptocurrency news platform renowned for real-time market insights, in-depth analysis, and global coverage of blockchain developments. At Voted.News, we convert CoinTelegraph’s comprehensive reporting into concise, easy-to-read digests, keeping you up to date on the latest trends, breakthroughs, and regulatory shifts in crypto. Experience the best of CoinTelegraph at Voted.News—where clarity meets reliability.
Bitcoin’s daily funding rate remains deeply negative, indicating heavy short positioning; historical data suggests a potential squeeze on bears may be imminent. #Update #Crypto $BTC
@WorldLibertyFin plans to launch World Swap, a foreign exchange and remittance service, aiming to reduce fees and simplify user experience. The initiative follows scrutiny over its foreign investment ties. #Update #Crypto
Bitcoin is predicted to enter a prolonged consolidation phase, oscillating between $55K and $79.2K unless key resistance at $72K is reclaimed, with significant overhead supply above $82K #Update #Crypto $BTC
The current market downturn may be linked to institutional investors exiting positions, indicating ongoing risk concerns in the crypto space. #Update #Crypto $BTC
The US National Credit Union Administration proposed a federal licensing framework for payment stablecoin issuers through credit union subsidiaries, potentially impacting the regulatory landscape. #Update #Legal $USDC
The UK government has appointed @HSBC’s Orion platform for a pilot issuance of digital government bonds, enhancing sovereign debt markets with blockchain technology. #Update #Crypto $BTC
A US judge dismissed the Bancor patent suit against @Uniswap without prejudice, giving plaintiffs 21 days to amend their claims before final dismissal. #Update #Legal $ETH
Thailand’s government approves digital assets as underlying assets in derivatives markets, aiming to modernize and attract institutional investors. SEC to amend Derivatives Act for Bitcoin ($BTC) and carbon credits. #Update #Crypto $BTC
High TPS figures may suggest scalability, but increasing transactions burden nodes, threatening decentralization. #Update #Crypto $ETH
@OndoFinance integrates @Chainlink as its official data oracle for tokenized US stocks on Ethereum, enabling collateral use on Euler. Initial support includes SPYon, QQQon, and TSLAon. #Update #Crypto $LINK
@BlackRock is launching its $2.1 billion tokenized Treasury fund on Uniswap, enhancing institutional access to DeFi and further integrating Wall Street into on-chain finance. #Update #Crypto $USDC
@Deel will offer stablecoin salary payouts via @MoonPay for UK and EU workers starting next month, enhancing payroll processing for 150 million globally. #Update #Crypto $USDT
@Lombard plans to launch Bitcoin Smart Accounts, allowing institutional custody Bitcoin to be used as onchain collateral via receipt token BTC.b, targeting idle $BTC valued at $1.4 trillion. #Update #Crypto $BTC
@Lombard plans to launch Bitcoin Smart Accounts, enabling institutional custody Bitcoin to serve as onchain collateral via receipt token BTC.b, targeting idle $BTC assets for lending and liquidity. #Update #Crypto $BTC