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According to BlockBeats, data from Coinglass indicates that the funding rates on major centralized and decentralized exchanges are currently showing a mixed market sentiment, with both neutral and bearish outlooks present. The specific funding rates for major cryptocurrencies are detailed in the accompanying data.

Funding rates are a mechanism used by cryptocurrency trading platforms to maintain the balance between contract prices and the prices of the underlying assets, typically applied to perpetual contracts. This system facilitates the exchange of funds between long and short traders, without the trading platform collecting any fees. It serves to adjust the cost or profit of holding contracts, ensuring that contract prices remain close to the underlying asset prices.

A funding rate of 0.01% is considered the baseline rate. When the funding rate exceeds 0.01%, it indicates a generally bullish market sentiment. Conversely, when the funding rate falls below 0.005%, it suggests a predominantly bearish market sentiment.

As the crypto market hovers in a state of uncertainty, Real Vision’s chief crypto analyst Jamie Coutts believes altcoins still have one more rally left this cycle. However, only those with strong utility and rising network activity are likely to benefit.Altcoins Could See a Final Surge by JuneIn an April 3 livestream with Real Vision co-founder Raoul Pal, Coutts forecasted a potential altcoin breadth thrust by June, contingent on Bitcoin returning to all-time highs.“There will be one more thrust from altcoins,” Coutts said. “The question is whether it’s a sustained six- to twelve-month rally.”The analyst emphasized that network activity is the “north star” for traders navigating altcoin markets. Rather than speculating across the board, investors should monitor where on-chain user activity is concentrating. Quality Altcoins Over QuantityWhile there are over 36 million altcoins in existence, Ethereum continues to dominate the landscape, holding 55.56% of total value locked (TVL), according to CoinGecko. It’s followed by Solana, Bitcoin, BNB Chain, and Tron — each with under 7% market share.Coutts warned that not all altcoins will participate in the next upswing. Only “quality names” with real use cases and network traction are poised to see gains.“Activity drives prices,” he noted, highlighting that utility, not hype, will lead the next wave.Altcoin Metrics Signal Bearish SentimentDespite the hopeful outlook, several altcoin market indicators continue to flash bearish signals:Capriole Investments’ Altcoin Speculation Index dropped to 12%, plunging 53% since late December.CoinMarketCap’s Altcoin Season Index scored a 14 out of 100, signaling the market is firmly in “Bitcoin Season.”Bitcoin dominance remains high at 62.84%, historically a level that precedes altcoin retracements, though some experts say it’s no longer a reliable signal.According to CryptoQuant CEO Ki Young Ju, trading volume — not BTC dominance — is the new indicator for altseason readiness.If Bitcoin reclaims its all-time highs by Q2's end, altcoins could see a sharp, final rally — but only a select few will rise. Traders should look past speculation and focus on blockchain network activity, user engagement, and product-market fit when selecting altcoins in this maturing market cycle, according to Cointelegraph.

According to U.Today, XRP has reached unprecedented risk levels, raising concerns about the sustainability of its recent explosive growth. Historically, such high-risk levels have been followed by significant market corrections. Despite the current strong momentum, indicators suggest a possible reversal rather than continued upward movement, especially without a consolidation phase.XRP recently surged to $2.161, demonstrating parabolic growth on the price chart. This upward trajectory has pushed the asset into overbought territory, surpassing typical resistance levels. The Relative Strength Index (RSI) is near its peak, indicating overextension. At these levels, sharp volatility is likely due to profit-taking and the absence of significant consolidation. Historically, strong rallies like this often lead to corrections as traders lock in profits and the market seeks a more stable price range.Technically, XRP's main support levels are at $2.00 and $1.80, which could serve as safety nets in case of a decline, offering potential entry points for buyers. However, if the rally continues and XRP breaks above $2.75 with significant volume, it could signal further gains, with $3 as a potential target. Such a scenario would require a substantial increase in market participation, which is uncertain given the current risk profile.The risk chart indicates that XRP is in a zone where market enthusiasm typically wanes, leading to corrections. Extreme risk is generally associated with greater downside vulnerability and less upside potential. Despite defying expectations during this rally, it is historically unlikely that XRP will maintain this trajectory without a cooling-off period. While caution is advised, XRP's recent performance has been remarkable. However, the risks for those entering new positions now outweigh the potential rewards. A pullback might provide a healthier setup for future movements, emphasizing the importance of risk management at this time.

The post Russian Expert Warns: Hamster Kombat Players Tap for Cash but End Up with Peanuts appeared first on Coinpedia Fintech News

A Russian financial expert has issued a warning about the popular game Hamster Kombat, following complaints from players after the end of its first season. Many Russian players expressed disappointment, believing they would earn substantial profits from the game. 

According to Victor Pekov, an independent financial crime specialist in the crypto space, some players became “hostages of their own expectations,” thinking they would get rich by playing. Pekov said that the game’s developers never promised large financial rewards.

Pekov told RTVI that people overestimated their chances of earning money with Hamster kombat. Many players aimed to collect enough in-game currency to exchange it for real money, but the game’s developers never promised any income. While some were surprised to only earn $5 to $15 after months of playing, Pershikov said this outcome was actually expected and made sense.

“It is obvious that many people who used Hamster were trying to accumulate a sufficient amount of in-game currency in order to exchange it for real money later. And in this regard, it is important to understand that the team never promised anything, did not talk about any potential income,” he said.

Some even went to extremes, buying massage guns to speed up their tapping efforts. Despite this, game developers warned that certain players had used unfair methods, such as bots, and would be excluded from the airdrop.

Further dissatisfaction arose when developers announced that players could only claim part of their token allocations, with the rest being vested for several months. This led to a mix of anger and resignation among players, with some calling the game a scam.

Despite the controversy, developers maintain that no one was promised significant earnings. As the game continues to evolve, with a planned HMS token listing event in September, it remains to be seen how the situation will unfold.