Tags : Funding

Bitcoin

Bitcoin Jumps as Fed Signals Greenlight, Funding Rates Cool Off

After an early-morning droop because the crypto market waited in anticipation for the Fed assembly, Bitcoin (BTC) costs bounced greater than 7% to $58,000 from an intraday low of $54,000. The broader crypto market welcomed Fed Chair Jerome Powell’s phrases as he reinstated that rates of interest would stay at present ranges till 2023. Alongside […]Read More

Cryptocurrency

Data shows funding rates for Bitcoin are “warming up again”

On-chain information for funding charges reveals merchants are as soon as once more piling into Bitcoin, the world’s largest cryptocurrency by market cap. Funding charges are an indicator of elevated buying and selling exercise. Perpetual swap merchandise enable merchants to borrow in extra of the funds they maintain—a course of known as utilizing leverage—to position […]Read More

Ethereum

Robinhood Secures $280M in Series F Funding, Plans to Expand

In brief: Robinhood has secured $280 Million Series F funding after an $8.3 Billion valuation.  The funding will drive a push to expand the platform globally.  Robinhood also plans on scaling the platform and offering more products to users.  The team at the popular trading platform of Robinhood has announced that the firm has secured […]Read More