EToro launches cryptocurrency and fiat currency exchange service in the UK

The Binance VIDT/USDT perpetual funding rate is currently -1.04%, and bears need to pay funding fees to bulls, indicating a high bearish sentiment in the market. AiCoin [PC - Home - Popular Rankings] has launched the "Fund Rate" ranking, which provides a list of rate arbitrage opportunities. Capital fees are an important mechanism for anchoring spot prices in perpetual contracts, used to balance long and short sentiment. When the funding rate is greater than 0, long positions pay funding fees to short positions; When the funding rate is less than 0, short sellers pay funding fees to long sellers.

JUST IN: Elon Musk's xAI acquires X in an all-stock transaction, valuing both companies at 80 billion.

Ethereum's ETH hit its weakest price against bitcoin in almost five years as macroeconomic concerns added pressure to risk assets.

Bitcoin dominance has risen to 58%, defying expectations of an altcoin market rotation despite favorable conditions.The following is an excerpt from The Block’s Data and Insights newsletter.

According to the weekly report on cryptocurrency holdings released by CME, BTC holdings were 29036, a decrease of 3.89% compared to the previous period; There are 18842 ETH holdings, an increase of 0.19% compared to the previous period.