Updates on Funding Rate Settlement Frequency of USDⓈ-M AERGOUSDT Perpetual Contract (2025-04-16)
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance Futures will increase the funding rate settlement frequency of the USDⓈ-M AERGOUSDT Perpetual Contract from every four hours to every two hours starting from 2025-04-16 14:30 (UTC). The detailed arrangement is as follows: TimeMax Funding Rate2025-04-16 16:00 (UTC)+2.00% / -2.00%2025-04-16 18:00 (UTC)+2.00% / -2.00%2025-04-16 20:00 (UTC)+2.00% / -2.00%2025-04-16 22:00 (UTC)+2.00% / -2.00%…… Notes: In order to protect users and prevent potential risks in extremely volatile market conditions, Binance Futures may undertake additional protective measures toward the USDⓈ-M AERGOUSDT Perpetual Contract without further announcement, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier, updating funding rates, such as the interest rate, premium and capped funding rate, changing the constituents of the price index, and using the Last Price Protected mechanism to update the Mark Price. For More Information: Liquidation ProtocolsLeverage and Margin of USDⓈ-M Futures ContractsIntroduction to Binance Futures Funding Rates Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2025-04-16
Anthropic Nears $3.5 Billion Funding Round with $61.5 Billion Valuation
According to PANews, artificial intelligence startup Anthropic is on the verge of completing a $3.5 billion funding round, raising its valuation to $61.5 billion, surpassing its initial fundraising target. Anthropic, recognized as a leading developer of large language models, has garnered significant interest from investors. Earlier this year, Elon Musk's xAI sought $10 billion in funding, while OpenAI is in discussions for up to $40 billion in financing.Sources indicate that Lightspeed Venture Partners initially facilitated Anthropic's efforts to raise $2 billion at the beginning of the year. The funding target was subsequently increased to $3.5 billion due to oversubscription, reflecting strong market interest in the company. Potential investors in this round include Menlo Ventures, Bessemer Venture Partners, General Catalyst, and Abu Dhabi's MGX.
Significant Ethereum Outflow From Exchanges in Recent Month
According to Odaily, on-chain analyst Ali reported on X that data from Glassnode indicates a substantial outflow of Ethereum from exchanges over the past month. A total of 540,000 ETH, valued at approximately $1.84 billion, has been withdrawn from these platforms.
Vitalik Buterin Supports Engagement With Institutions On Ethereum
According to Odaily, Ethereum co-founder Vitalik Buterin expressed his support for engaging with funds, institutions, and nations regarding Ethereum (ETH) as an asset. He emphasized that ETH is a crucial component of the Ethereum ecosystem. However, Buterin noted that the Ethereum Foundation may not be the best entity to lead these efforts. He suggested that supporting various local organizations, including large enterprises, would be more effective due to their deeper understanding of their respective environments.
The price of Bitcoin, the world's largest cryptocurrency, has dropped below $60,000 for the first time in a long while. At the time of writing, BTC is trading at around $58,946.
Several factors have contributed to this decline. One of the biggest factors is today's higher-than-expected inflation data in the US. This data could disrupt the FED's rate cut cycle or result in a smaller rate cut.
Another factor is the SEC's lawsuit against Cumberland, a well-known cryptocurrency company, accusing it of selling unregistered securities. Yesterday, the US legal barrier to selling BTC seized from Silk Road was also removed.
These factors have combined to create a downward pressure on the price of Bitcoin. It is unclear at this time whether this decline is temporary or if it is the start of a larger correction. #CryptoMarketMoves #BTC60KResistance $BTC $ETH $BNB