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Binance Futures Announces Listing of a New Altcoin Trading Pair with 50x Leverage! Here Are the Details According to Binance’s official announcement, the new perpetual contract will go live on May 12 at 12:00 UTC and will allow traders to trade their positions with up to 50x leverage. The OGUSDT pair is pegged to the OG Fan Token, a popular fan-based digital asset, and will be exchanged for USDT, making it accessible to a wide range of retail and professional investors. Important Details: Launch Date: May 12, 2025, 12:00 Leverage: up to 50x Margin Type: USDⓈ Margined Financing Rate Limit: ±2.00 Finance Fee Payment: Every four hours Availability in Copy Trading: Within 24 hours after launch The contract will also be made eligible for the Futures Copy feature, which allows users to copy the strategies of the best-performing traders on the platform. Binance emphasized that the funding rate for the OGUSDT contract will be capped at ±2.00% and funding fees will be paid every four hours, in line with the platform’s standard practices for new listings. This launch reflects Binance’s ongoing efforts to diversify its derivatives offering and meet the growing demand for trading pairs related to fan tokens, which have seen renewed interest amid increasing interaction between sports clubs and blockchain ecosystems. #NewsTrade *This is not investment advice.

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$BTC despite Bitcoin exceeding the $103,000 level, open interest in futures continues to remain weak. The total open interest currently stands at $61.3 billion. Alphractal reminded that in the past, when BTC was at these levels, open interest was at least around $68 billion, and stated that the current outlook reveals that leveraged trading volume and market maker activity are low. This situation is evaluated as a result of liquidations and position closures in recent months. In the short term, whales are seen closing their long positions and giving signals indicating a change in direction in the market. Alphractal stated that if the Whale Position Trend metric continues to fall, the market could either be tied sideways or enter a correction process. *This is not investment advice.

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#TradeWarEases There was no official statement from either side after eight hours of closed-door talks on Saturday. As of Sunday evening, no concrete agreement had been announced. Ahead of the talks, China had argued that the US should show good faith in lifting the tariffs. However, US President Donald Trump has rejected those claims, although he has hinted that the tariffs on China could be lowered if the talks go well. Trump also raised import tariffs on China to 145%, and Beijing responded by imposing 125% tariffs on U.S. products. According to China’s April export data, total exports rose 8.1%, while exports to the United States fell 21%, the sharpest decline in 21 months. No cargo ships departed Chinese ports for major ports on the U.S. west coast on Friday, CNN reported. *This is not investment advice

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