Semler Scientific Reports Significant Unrealized Losses in Bitcoin Holdings According to PA News, Semler Scientific has reported an unrealized loss of approximately $41.8 million in bitcoin for the first quarter of 2025. This sharp decline is attributed to the notable drop in bitcoin's price, which fell from $93,500 at the beginning of the year to around $82,000 by the end of March. As of March 31, 2025, Semler Scientific holds a total of 3,192 bitcoins. Based on the current market value, these holdings are approximately worth $264 million. This substantial amount underlines the impact of bitcoin's volatility on the company's financial health, showcasing the risks associated with cryptocurrency investments. Settlement with the Department of Justice In addition to the financial challenges due to its bitcoin investments, earlier this week, it was reported that Semler Scientific agreed to pay $29.75 million to the U.S. Department of Justice to settle a fraud investigation. This settlement adds another layer of complexity to the company's financial situation, highlighting the need for strategic adjustments in their operations and investment strategies.#BTC #SOL
Lyn Alden Adjusts Bitcoin Forecast Amid Tariff Uncertainty Renowned macroeconomist Lyn Alden has recently adjusted her forecasts for Bitcoin following the announcement of tariffs by U.S. President Donald Trump. According to Alden, despite these challenges, she believes Bitcoin will finish 2025 at a price higher than its current value of approximately $85,000. Impact of Tariff Announcements Alden's perspective on Bitcoin's future was significantly shaped by the tariff discussions that emerged in February. During an interview with Natalie Brunell on the April 17 episode of Coin Stories, Alden stated, "Before all this tariff kerfuffle, I would have had a higher price target." This reflects her belief that the increasing economic barriers have the potential to dampen overall market sentiment, including for Bitcoin. Future Variables Affecting Bitcoin's Performance Looking ahead, Alden suggests that a potential "massive liquidity unlock" could be a crucial factor for Bitcoin's price trajectory. She draws attention to external influences, such as U.S. bond market dynamics, that could drive significant changes in investor behavior. If the bond market were to experience a substantial breakdown, Alden speculates that the Federal Reserve might need to implement measures like yield curve control or extensive quantitative easing (QE). Such actions could catalyze a rise in Bitcoin prices, moving them towards more optimistic forecasts.#FINANDE $BTC
Risks of Cryptocurrency and DeFi: Insights from the BIS Report The growing adoption of cryptocurrencies and decentralized finance (DeFi) poses significant risks to the traditional financial system. According to a report released by the Bank for International Settlements (BIS) on April 15, these developments may exacerbate wealth inequality and create vulnerabilities within financial markets. Concerns Raised by the BIS The BIS report emphasizes that the increase in the number of investors and the amount of capital flowing into the crypto market has reached a ‘critical mass.’ This situation raises alarm bells for regulators—suggesting that investor protection is becoming a critical concern. If left unregulated, the rise of crypto and DeFi could widen the wealth gap, as access to these digital assets is highly uneven, often favoring those with greater financial resources. The Role of Stablecoins in Crypto Stability Furthermore, the report highlights the significant role of stablecoins, describing them as vital tools for value transfer within the crypto ecosystem. However, the BIS stresses the urgency for regulatory measures focusing on the stability and reserve asset requirements of stablecoins. These measures would ensure that stablecoins can be redeemed for U.S. dollars, particularly during stressed market conditions—a scenario that could affect overall financial stability. In conclusion, while the adoption of cryptocurrencies and DeFi holds potential benefits, the BIS report underscores the need for careful regulation to mitigate risks and protect investors from potential losses. The balance between innovation and stability is crucial for the future of finance.#Defi $BTC
Charles Schwab CEO Hints at April 2026 Bitcoin Trading Rollout The ongoing evolution of cryptocurrency in the financial landscape is undeniable. Recently, Charles Schwab CEO, Rick Wurster, revealed that the firm is cautiously eyeing a target date of April 2026 for the potential launch of spot Bitcoin trading. According to a report by Riabiz, Wurster indicated that Charles Schwab's crypto-focused website is experiencing an influx of traffic. Notably, 70% of this web traffic is generated by individuals who are not existing Schwab clients, which suggests fertile ground for acquiring new prospects interested in cryptocurrency investments. Regulatory Environment and Future Outlook Wurster emphasized the importance of the evolving regulatory landscape regarding cryptocurrencies. He expressed optimism about launching direct spot Bitcoin trading in the next twelve months, stating, “Our expectation is that with the changing regulatory environment, we are hopeful and likely to be able to launch direct spot crypto.” This strategic direction aligns with the broader trend of traditional financial institutions progressively incorporating digital asset products to cater to an increasingly crypto-savvy clientele. As the April 2026 target approaches, the anticipation surrounding Charles Schwab's entry into this market will dominate discussions throughout the financial services sector. #Btc #bitcointraders
Key Economic Events and Data Releases to Watch Next Week The week kicks off with an interview featuring 2025 FOMC voting member and Chicago Fed President Goolsbee on CNBC. This interview is expected to provide valuable insights into the Federal Reserve’s stance on current economic challenges and monetary policy direction. Midweek Events On Tuesday, Federal Reserve Vice Chair Jefferson is scheduled to deliver a speech at the Economic Liquidity Summit. Concurrently, European Central Bank President Lagarde will also be interviewed by CNBC, offering perspectives on European economic conditions. The events of Wednesday are particularly noteworthy, as Goolsbee returns for opening remarks at another event, joined by Speeches from fellow FOMC voting member and St. Louis Fed President Mussa, along with Federal Reserve Governor Waller. Additionally, preliminary April Manufacturing PMI figures for France, Germany, and the Eurozone will be released, providing crucial indicators of economic performance in the manufacturing sector. End of the Week Insights As the week concludes, Thursday will see the Federal Reserve publish the Beige Book, detailing current economic conditions across various sectors. Finally, on Friday, the final figures for the University of Michigan Consumer Sentiment Index and the one-year inflation rate expectations in the United States will be released. These indicators are vital for understanding consumer confidence and inflation forecasts. In conclusion, the upcoming week is poised to unveil critical economic insights through these planned events and data releases. Investors and analysts alike will be keenly observing these developments, as they hold considerable implications for economic policy and market trends. #BTC
Trump Considers Changes at the Federal Reserve: Insights and Implications In recent discussions led by Kevin Hassett, the director of the National Economic Council, it has been revealed that U.S. President Donald Trump is contemplating the removal of Jerome Powell, the current chair of the Federal Reserve. This unexpected move comes as the administration reviews various economic policies amid widespread scrutiny of their effectiveness in stimulating the U.S. economy. The Federal Reserve plays a pivotal role in managing the nation’s monetary policy, influencing interest rates and overall economic stability. Speculation surrounding Powell's potential removal arises from ongoing dissatisfaction with the Fed's policies among segments of the government. Officials have expressed their concerns regarding the current approach and its implications for economic growth and job creation in the United States. Potential Outcomes and Economic Impact The discussions about Jerome Powell's future as Federal Reserve chair highlight the administration's commitment to reassessing strategies that directly affect American households and businesses. If a change occurs in leadership, it may lead to significant shifts in monetary policy, either reinforcing or altering current trajectories. Such a transition, while uncertain, has the potential to drastically influence the U.S. economy's course. As these discussions progress, stakeholders, investors, and citizens alike will be keenly observing any developments. The interplay between presidential influence and an independent Federal Reserve remains a crucial factor in the broader economic landscape.
Analyzing Bitcoin's Price Surge: The Role of Retail InvestorsThe Historical Connection Between Bitcoin Prices and Retail Investment Recent analysis by @ali_charts highlights a critical pattern in the Bitcoin market. Historically, peaks in Bitcoin prices have often correlated with increased activity from retail investors. This correlation has been a subject of interest among market analysts and enthusiasts alike. The Recent Price Surge: A Notable Absence of Retail Engagement In a recent rise from $70,000 to $110,000, there appeared to be a notable absence of significant retail investor engagement. Despite the bullish sentiment and price escalation, observations indicate a stark contrast to previous market cycles, particularly when compared to late 2021's conditions. During that time, retail investors flooded the market, driving prices up further. Understanding Market Dynamics: Lessons from the Past This latest trend raises questions about the current dynamics of the Bitcoin market. The lack of retail participation during a pronounced price increase suggests that different factors may be influencing market behavior today. As analysts continue to monitor these developments, it is essential to consider the implications this has for both retail and institutional investors.
Kiloex Exchange Exploiter Returns Stolen Funds After $7.5 In a shocking revelation, the decentralized exchange (DEX) Kiloex recently announced that the exploiter, responsible for a $7.5 million theft, has returned all stolen funds. This unexpected turn of events occurred just four days after the exploit took place. After the successful hack, Kiloex suspended its operations to assess the situation. On April 15, the community learned that the hacker behind the $7.5 million exploit had decided to return the funds to the DEX. Interestingly, Kiloex had extended an offer for a $750,000 "white hat" hacker bounty, contingent on the return of 90% of the stolen assets. This initiative appears to have influenced the exploiter's decision to return the entire amount. Implications for the Cryptocurrency Community The return of the $7.5 million raises numerous questions about security and trust within the cryptocurrency ecosystem. Incidents like this highlight vulnerabilities but also showcase accountability and the potential for ethical behavior among hackers. The resolution of this exploit might encourage more discussions around better security practices and incentivizing positive actions in the industry. #BTC
Understanding Bitcoin Price Volatility: Insights from Recent MovementsBitcoin's Imminent Price Fluctuations The world of cryptocurrency is no stranger to price volatility, and recent movements in bitcoin are causing experts to predict significant fluctuations. According to analysis from onchain analytics platform CryptoQuant, approximately 170,000 BTC owned by entities that purchased their coins between three and six months ago has begun to circulate again. This increase in movement often signals impending volatility, as it reflects changing sentiment among traders. The Role of Short-Term Holders Short-term holders (STHs) have been identified as key players in the current bitcoin market dynamics. As reported by CryptoQuant, these entities are particularly responsive to market signals and narratives, frequently reacting to price changes with swift selling. The analysis indicates that STHs are responsible for an average of ~930 BTC being sent to exchanges daily, in contrast to long-term holders (LTHs), who only move about ~529 BTC daily. This disparity emphasizes the fear and profit-taking tendencies of STHs, which might exacerbate market volatility. Potential Market Implications The observation of increased BTC movement from STHs is not just a minor detail; it is a classic precursor to significant price swings. Historical data supports this notion, with previous actions by this cohort often resulting in strong upward or downward price shifts. As Bitcoin remains in a sideways trading pattern, the anticipated volatility might create opportunities for both profit and loss, depending on how traders respond. As contributor Mignolet notes, “volatility is coming,” suggesting that the market should be prepared for changes as these short-term dynamics unfold. #BTC $ETH
Galaxy Research Proposes New Governance Reform for Solana's Inflation RateOverview of the Proposal According to PA News, Galaxy Research has put forth an innovative proposal to the Solana community aimed at reforming the network's inflation governance. This reform, known as multi-election staking weight aggregation (MESA), seeks to introduce a market-driven mechanism that can optimize the SOL emission curve effectively. Instead of relying on traditional single-result voting methods, the focus is on allowing validators to have a more tailored influence on inflation outcomes. Notable Changes with MESA The primary objective of MESA does not alter Solana's ultimate goal of reaching a 1.5% inflation rate. Instead, it aims to potentially accelerate the timeline for achieving this target through community voting results. Galaxy predicts that if the current deflation rate of 15% is maintained, the network could reach the final inflation rate by epoch 2,135. Moreover, if the community decides to increase the deflation rate, this could further shorten that timeline. Impact on the Solana Ecosystem In its current form, Solana's inflation follows a fixed curve, targeting a 1.5% rate. However, past voting trends indicate challenges concerning consensus on these parameters. Galaxy's new proposal offers a refreshing alternative—empowering validators to select from multiple predetermined deflation rates. The results would then be determined by the weighted average of these votes, thereby enhancing community involvement and trust in the inflation governance process. MESA's implications could redefine how the Solana community approaches inflation decisions, ultimately steering the platform toward a more sustainable financial future.#SOL $BTC
#BinaceLaunchpool #INIT Binance Launches Initia: The 68th Project on LaunchpoolIntroduction to Initia Binance has recently unveiled Initia (INIT) as the 68th project on its esteemed Launchpool platform. This next-generation Layer-1 blockchain is designed with the vision of connecting and unifying appchains through shared infrastructure and aligned economic models. Initia aims to revolutionize the app chain landscape by offering a modular architecture that enhances interoperability across its ecosystem. Farm Init Tokens on Binance Launchpool From April 18, 2025, at 00:00 UTC, Binance users can participate in the Init launchpool farming event, which will run through April 23, 2025, at 23:59 UTC. This provides a unique opportunity for users to farm Init tokens by locking in either USDC or FDUSD. The initial phase of token farming is crucial for early participation in the Initia ecosystem. Key Details of Init Token Farming The tokenomics of Initia reveal an exciting opportunity for investors. The total token supply is capped at 1,000,000,000 INIT, with 30,000,000 INIT allocated as launchpool rewards, representing 3% of the total supply. The initial circulating supply will be approximately 148,750,000 INIT, accounting for about 14.88%. Notably, the listing fee for this project has been set to 0 BNB, providing an accessible entry point for potential investors. Additionally, the Initia mainnet explorer will be launched in conjunction with the public mainnet, ensuring transparency and ease of access for users. #BinanceLaunchpoolINIT
Babylon's Total Value Locked Drops 32% Amid Major Unstaking EventRecent Unstaking Event Overview In a significant turn of events, Babylon has experienced a notable reduction in its total value locked (TVL) by 32%. This decline was triggered when wallets unstaked approximately $1.26 billion in Bitcoin from the platform. On April 17, blockchain analytics firm Lookonchain reported that a total of 14,929 Bitcoin had been unstaked from Babylon, leading to the TVL dropping from $3.97 billion to $2.68 billion. Details of the Unstaking Event Amidst the upheaval, several wallets were flagged for their substantial unstaking amounts. These included four addresses that released 299 BTC, 499 BTC, 1,000 BTC, and an impressive 13,129 BTC. The largest wallet alone accounted for $1.1 billion worth of assets. At Bitcoin's current price near $84,400, such large withdrawals have raised questions throughout the community regarding the underlying motives for this movement. Speculation and Future Outlook While it's uncertain who initiated the unstaking, theories abound. Speculation includes the possibility of the assets belonging to the Chinese government or merely traders adjusting their positions. Notably, Babylon Labs recently shared a post from Lombard Finance announcing a transition to new finality providers, coinciding with the timing of this significant unstaking event. Babylon reassured the community that the unstaked Bitcoin would eventually be re-staked back into the platform, ensuring liquidity and stability going forward. Just weeks before this event, a Babylon airdrop allocated 600 million Baby tokens to early adopters, hinting that the recent market behavior could be part of a broader strategy among users.
Bitcoin's Gold-Inspired Surge: Will It Reach $155,000?Introduction to Bitcoin's Future Bitcoin has remained a focal point of discussions in the financial sector, particularly for its potential price movements. A recent analysis from trading account Cryptollica suggests that Bitcoin (BTC) may be on the verge of mimicking gold's historic performance, potentially reaching a target of $155,000. This analysis follows observations of various macroeconomic indicators that have historically influenced Bitcoin's price. Comparative Analysis with Gold As of late, Bitcoin has recorded a 10% decrease year-to-date, but its status as a macro hedge remains intact. Data from Cointelegraph Markets Pro highlights a significant gap between the performance of BTC and gold (XAU/USD), which continues to attain record highs. Despite BTC's challenges, analytics firm Glassnode emphasizes that both Bitcoin and gold are resilient amid prevailing economic uncertainties. Potential Catalysts for Price Growth According to Cryptollica, Bitcoin's potential to copy gold's trajectory hinges on breaking out of its current consolidation phase. Historical patterns suggest that Bitcoin may have several catalysts at play, including a weakening U.S. dollar index and rising global M2 money supply. Analysts note that Bitcoin's decline from all-time highs is modest when compared to previous downturns, indicating a shift in investor sentiment towards the asset, especially in light of the ongoing U.S.-China trade war. In conclusion, while the journey to Bitcoin's $155,000 target is fraught with uncertainties, the underlying fundamentals and macroeconomic factors lend it a bullish outlook. The comparison with gold serves to reinforce investor confidence as they navigate future advancements in the cryptocurrency landscape.
The Impact of the Libra Scandal on Memecoins: A Look into Q1 2025Memecoins: A Sudden Decline The recent collapse of the Libra token, endorsed by Argentine President Javier Milei, has sent shockwaves through the cryptocurrency market. After insiders allegedly withdrew over $107 million in liquidity, the memecoin experienced a staggering 94% price crash, resulting in a loss of $4 billion in market value within just hours. This sharp decline has prompted analysts to declare that memecoins have "fallen off a cliff" following the Libra fiasco. Ripple Effects on the Crypto Landscape This incident has marked a significant turning point for the memecoin sector as the number of new tokens deployed on Solana's pump.fun platform saw a drastic reduction. The collapse of the Libra token indicates the end of the "politicam memecoin" trend, suggesting that speculative investments in this area may become less appealing for many investors. The Future of Memecoins Despite the turmoil, smart traders continue to pursue lucrative memecoin opportunities. As highlighted by Nicolai Sondergaard, a research analyst at Nansen, while the recent surge in memecoins may be over, large investors recognize it as a "fun play" that is less influenced by macroeconomic pressures impacting major cryptocurrencies like Bitcoin and Ethereum. For example, at the end of March, one savvy trader transformed a modest $2,000 investment into $43 million through the pepe memecoin, illustrating the potential rewards that still exist within this volatile market. Although the trader missed the peak, securing over $10 million in realized profit indicates that definitive strategies may still yield considerable gains amidst chaotic conditions. $MEME
The Surge of Memecoins: Implications for Utility Tokens Like SolanaIntroduction to Memecoins The cryptocurrency market has witnessed a notable uptick in interest surrounding memecoins, particularly in the lead-up to the inauguration of President Donald Trump on January 20. The launch of the official Trump (TRUMP) memecoin on January 18, followed by the Melania (MELANIA) token on January 19, has ignited discussions in financial circles. These events have been pivotal, especially considering their launch on the Solana network. The Impact on Utility Tokens Despite the excitement surrounding these memecoins, some analysts express concerns about their potential impact on more traditional utility tokens, particularly Solana (SOL). As investors flock to new memecoins, there is a tangible risk that valuable capital may be diverted from utility tokens. With SOL suffering a decline of approximately 48% over the past three months since Trump’s inauguration—despite reaching a peak just above $270—there are significant implications for its performance in the broader market. The Future of Solana and Memecoins The memecoin phenomenon prompts vital questions about the sustainability and future value of utility tokens like Solana. While the rise of tokens associated with prominent figures can generate short-term excitement and speculation, the long-term viability of such trends remains uncertain. Investors must weigh the potential rewards of investing in memecoins against the risk of diminishing prices and opportunities within established utility tokens.
#SOL #SolanaETF2025 Purpose Investments Launches the New Solana ETF on TSX In an exciting development in the investment landscape, Canadian asset management firm Purpose Investments has launched the Purpose Solana ETF, now trading under the ticker SOLL on the Toronto Stock Exchange (TSX). This innovative financial product aims to provide investors with unique opportunities within the growing world of decentralized finance. Innovative Features of the Purpose Solana ETF The newly launched Purpose Solana ETF is distinctive due to its combination of native staking rewards along with the company’s proprietary internal staking infrastructure. This structure is designed to offer investors attractive staking returns, enhancing the overall yield from their investment in Solana, one of the leading blockchain platforms. Trading Begins on TSX The Purpose Solana ETF began trading today, marking a significant milestone for Purpose Investments and the TSX. This launch not only reflects the growing interest in cryptocurrency investments but also highlights Purpose Investments' commitment to bringing innovative financial solutions to their clients. With the integrated staking rewards, the ETF promises to attract those looking for both exposure to the Solana ecosystem and additional income potentials. As the cryptocurrency market continues to evolve, initiatives like the Purpose Solana ETF are critical in providing investors with diversified options. Stay tuned for more insights as this product develops in the financial markets.
New Wallet Activity: UNI and AAVE Tokens Moved in Major Withdrawals According to recent reports from Odaily, a newly established wallet has made impressive moves in the decentralized finance space. In a strategic withdrawal, this wallet extracted 818,474 UNI tokens, which are currently valued at $4.21 million. This highlights the ongoing activity and interest surrounding major cryptocurrency tokens. AAVE Tokens Also Withdrawn In addition to the substantial withdrawal of UNI tokens, just 19 hours prior, this wallet executed another significant transaction. It extracted 32,708 AAVE tokens worth approximately $4.51 million. The movement of these assets indicates a potentially promising direction for the wallet and hints at continued investment interest in the AAVE ecosystem. Implications for Investors and the Market The recent activity involving this new wallet raises questions about market trends and investment strategies. The large withdrawals of UNI and AAVE tokens could suggest a buildup for further transactions or a potential pivot in trading strategies by the wallet's owner. As the cryptocurrency landscape continues to evolve, tracking such movements can provide valuable insights for investors and traders alike. #AAVEUSDT $UNI
DWF Labs Invests $25M in Trump-Linked World Liberty Financial Recently, DWF Labs made headlines by investing $25 million in World Liberty Financial (WLFI), a decentralized finance (DeFi) project endorsed by the Trump family. This investment reflects a significant move into the U.S. market as DWF Labs opens a new office in New York City. The announcement on April 16 showcased an increasingly engaged crypto landscape, welcoming institutional players alongside progressive blockchain initiatives. Expansion into the U.S. Market The establishment of a New York office is a pivotal step for DWF Labs, a notable market maker providing liquidity across over 60 exchanges worldwide. With this expansion, DWF Labs aims to enhance its relationships with banks, asset managers, and fintech companies. The firm also seeks to strengthen engagement with U.S. regulators to pave the way for its broader operations in the American financial ecosystem. World Liberty Financial’s Ambitious Growth Plans World Liberty Financial has garnered exceptional attention since its launch on September 16, 2024, raising over $600 million for its DeFi protocol. The funds raised have been earmarked for promoting the use of U.S. dollar-pegged stablecoins, including the newly launched World Liberty Financial USD (USD1). This stablecoin initiative is notable especially as traders continue to anticipate its active trading availability on BNB Chain and Ethereum, further enhancing WLFI's market visibility. The collaboration between DWF Labs and WLFI signifies a transformative approach within the cryptocurrency market, merging traditional financial principles with innovative blockchain technology.
$BTC $XRP Understanding the Decline: Why Is XRP Price Down Today? Today, XRP is experiencing a significant decrease of 4%, raising questions among investors about the potential implications for the cryptocurrency market. The continued rejection from a key resistance level at $2.17 further suggests that a deeper correction toward $1.60 could be on the horizon. This situation is indicative of broader trends influencing not just XRP, but the entire cryptocurrency market. Key Drivers Behind XRP's Price Drop Several catalysts are contributing to XRP’s price decline today. Notably, lingering uncertainties surrounding U.S. tariffs have instigated a risk-off sentiment among traders. The recent announcement regarding export restrictions on Nvidia has had a particular negative effect on risk assets, including XRP. The sentiment surrounding the U.S.-China trade relationship has left many investors cautious, leading to increased selling pressures across cryptocurrencies. Technical Analysis Signals Further Decline From a technical standpoint, XRP is displaying a rising wedge pattern, typically viewed as a bearish reversal signal. Having closed below the support line at $2.15, traders should monitor essential support levels around $2.00 and $1.90. Analysts suggest that if XRP fails to bounce back from these levels, it might experience a decline toward $1.73 or even return to the starting point of the wedge at $1.60. This could spell a further 23% drop from current prices, adding to the volatility in the crypto market.
Leading Trends in USD-M Perpetual Futures: Top Trading Pairs of 24h: BTC/USDT, ETH/USDT, SOL/USDT, OM/USDT, and XRP/USDT According to the latest data from Binance, the USD-M perpetual futures market has shown significant activity in the past 24 hours. The trading pairs that led this market include BTC/USDT, ETH/USDT, SOL/USDT, OM/USDT, and XRP/USDT. These trading pairs have not only dominated the market in terms of volume but also showcased varying long/short ratios and funding rates, reflecting trader sentiment and market dynamics. Top Trading Pairs and Their Performance The BTC/USDT trading pair registered a long/short ratio of 1.04, indicating a balanced sentiment among traders with a slight inclination towards long positions. The funding rate for BTC/USDT stands at 0.0071%, suggesting a slight premium for long positions over shorts. Meanwhile, ETH/USDT demonstrated a more pronounced divergence in trader sentiment with a long/short ratio of 2.74 and a funding rate of -0.0037%, hinting at a bearish sentiment among participants. Insights on Additional Trading Pairs Further analysis reveals that SOL/USDT and OM/USDT also exhibited notable trading metrics. The SOL/USDT pair has a long/short ratio of 2.25, combined with a funding rate of -0.0055%, indicating a strong preference for short trades. In contrast, OM/USDT showed a long/short ratio of 1.77 and a funding rate of -0.0122%, marking similar bearish sentiment. Lastly, XRP/USDT holds a long/short ratio of 2.17 and a funding rate of -0.0085%, reflecting a consistent trend across these altcoin trading pairs.