According to Coinglass data, the funding rates of mainstream CEX and DEX show that the market is still generally bearish. The specific funding rates for mainstream cryptocurrencies are shown in the attached image.
What is the funding rate? It is a rate set by cryptocurrency trading platforms to maintain the balance between the contract price and the underlying asset price, usually applicable to perpetual contracts.
It is a funding exchange mechanism between long and short traders. The trading platform does not charge this fee; it is used to adjust the cost or return of the contracts held by traders, keeping the contract price close to the underlying asset price.
Last Night and This Morning | The Federal Reserve Remains Steady, Cryptocurrency Concept Stocks Continue to Be Active, Circle Soars 33%
Tiger Information Comprehensive 07:54
Summary:
U.S. Stock Market Closing: The three major indices closed mixed, cryptocurrency remains active, Circle surged 33%, marking the largest single-day increase since its IPO.
Today's dual currency earnings have been credited, totaling 295 USDT. If you don't want to buy Bitcoin at the current price, using your USDT to execute a low-buy strategy in dual currency winning to earn interest is also a good choice.
Tested! As an experienced person in the crypto world, managing finances just to cover daily expenses is sufficient.
Breakfast consists of a bowl of noodles, which only costs 7 yuan.
Lunch often with a few brothers at a local restaurant, a meal costs about 100 yuan.
In the afternoon, I order a few cups from Luckin Coffee, costing about 50 yuan.
In the evening, I go home to cook dinner, check the market, and it adds up to about 200 to 300 yuan daily. With dual currency winning, the interest is enough to cover these expenses.
Pump Fun has been collectively sued in the United States, and there are multiple class action lawsuits; at the same time, X has also been implicated. The recent large-scale account bans on X can now be explained. This time, Pump is likely to face significant fines, and the chances of issuing tokens are very slim.
The first stablecoin stock in the US stock market, Circle, surged, with a valuation of around 35 billion USD. It seems outside capital is still more crazy.
The eagle has burned nearly one million U again, but this time it has incurred a loss of nearly one million U, with profits and losses coming from the same source.
Let's talk about dual currency winning. This is a screenshot of the order collection after it expired yesterday. I calculated that there is 91U, and we have pig trotters rice.
I have played dual currency winning before, but I didn't understand it very thoroughly at that time, so I didn't know what I was earning and what I was losing. Today, I'll explain it simply.
Dual currency winning is actually options. There are very few users trading options in the cryptocurrency circle, and the most common place for options is in the US stock market.
Compared to contracts, the risk is much smaller. If the strategy is appropriate, the return will not be less than that of contracts. However, it has a relatively high entry threshold, so the options market in the cryptocurrency circle is still very primitive.
As a safe-haven asset, gold has surged, but Bitcoin plummeted immediately. However, after the initial panic period, it should recover and continue to hold. If there is a significant pullback, it should be a good opportunity to increase positions.
Suddenly realized that the old investors are really quite pitiful; in this circle, they can't make money, are unwilling to leave, and exhaust themselves mentally and physically, yet they still wait for quick cash.
Among the top eleven large holders on Hyperliquid, 8 are shorting ETH. Is shorting the only way to make money in this round of ETH? What do the E-watchers say?
Pop Mart has increased nearly 28 times from the low in November 2021 to the recent high
Bitcoin has risen from the low of 15,500 dollars in November 2021 to a new high of 110,000 dollars, an increase of about seven times; in this round, Bitcoin has not outperformed Pop Mart
It can be seen that from November 2021 to January 2024, it has been consolidating; these two years have been very tough, and ordinary people probably can't hold on
If lucky, buying in January 2024 would have resulted in nearly a 15-fold increase; this growth line looks like a 90-degree straight line, and probably not many people can buy and hold it
Don't doubt it; just like now, the price per share is over 270; should you hold it or continue to keep it?
I can't remember if it was 2021 or 2022, when I mistakenly sent USDT from the blockchain to the Binance contract address on the BSC chain.
At that moment, I panicked; no one had encountered this before, and there was no one around who knew what to do. I first asked the USDT official support, and they said there was nothing they could do. I felt a chill in my heart. Later, I mustered the courage to ask Binance customer service, after all, it was over 7000 USDT, which is not a small amount. The customer service said that I could retrieve it because it qualified for the anti-black hole program. Those who were old players on the chain that year should know about this program. I received a clear response, and I breathed a sigh of relief, but the customer service said that technical intervention was needed, and it was uncertain how long it would take to retrieve.
At that time, I thought it might be hopeless, but there was nothing I could do at this point; I could only wait for their response. Just when I was about to forget about this incident, one day I suddenly found that there was more than 7000 USDT in my BSC address, and I remembered this matter. At that moment, my favorability towards Binance skyrocketed because Binance was not just brushing off users; they were genuinely solving users' real problems.
Since it was my own mistake in entering the wrong address and had nothing to do with Binance, they only symbolically charged a small fee. Even if Binance did not help me retrieve it, I couldn't say anything. From then on, I became a loyal user of Binance.
I believe that being able to stand in the users' position to help them solve problems is a responsibility and duty that a responsible organization should have. I think it is this sense of responsibility that has won the trust and favor of millions of users.
I have never told anyone about this incident, but today when I saw this tweet, it brought back memories in my heart. I have never had the opportunity to say thank you, and today is just the right time to express my gratitude. Thank you, Binance team, thank you @cz_binance, thank you @heyibinance.
The large pancake has once again reached 1,100,000 dollars, with both bulls and bears exploding in the past 24 hours, primarily with a short squeeze, a new high is imminent, something big is coming.
What does it mean to be a young calf not afraid of a tiger? You say you are shorting ETH, that's one thing, but Bitcoin is tougher than an eighteen-year-old. Do you really dare to open a 99x contract for shorting?
Although the money is not much, it’s enough for me to go without food or drink for half a month. It can't be like this; forget it, another gambling fool is born. How should I persuade him to exit the crypto market?