7*24

Hot topic

Market

Activities

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestClaim1,200 USDT in the Monthly Creation Challenge Negative Funding Rates Hit Yearly High as Bitcoin Tests $76K Bitcoin funding

Claim1,200 USDT in the Monthly Creation Challenge

Negative Funding Rates Hit Yearly High as Bitcoin Tests $76K

Bitcoin funding rates hit year-high negative levels, setting up a potential short squeeze—or bull trap—as its price tests $76K.
Bitcoin’s recent rally toward $76,000 faces a dilemma, leaving investors split on its near-term outlook.

Funding rates for Bitcoin—a fee paid by derivatives traders to maintain the alignment between spot and futures prices—have remained negative for over a month and hit the highest level this year, according to Coinglass data.

Negative funding rates indicate investors are shorting the recent rally with the expectation of a reversal.

The divergence between bearish derivatives positioning and bullish spot catalysts sets up a potential short squeeze—or a bull trap—depending on which side breaks first.

“Funding rates this negative tell you the market is heavily short,” Daniel Reis-Faria, CEO of ZeroStack, told Decrypt.

The derivatives data directly contrasts with Bitcoin's recent uptick, which was in part driven by bullish catalysts such as sustained ETF inflows, regulatory development surrounding the CLARITY Act, and the two-week ceasefire between the U.S. and Iran, Decrypt previously reported.

“For a squeeze to gain real momentum, Bitcoin would need to break and hold above $80,000,” Illia Otychenko, lead analyst at crypto exchange CEX.IO, told Decrypt.

Such a move could trigger “cascading liquidations of short positions and accelerate the rally,” Otychenko said.

Reis-Faria’s bullish forecast involves Bitcoin pushing close to “$125,000 in the next 30 to 60 days,” adding that a short squeeze would help this case.

Bitcoin is currently trading at around $75,580, up 1.2% in the past 24 hours after having reached an intraday high of $76,114, according to CoinGecko data.




Negative Funding Rates Hit Yearly High as Bitcoin

BASED: Hyperliquid’s On-Chain Super App

Claim1,200 USDT in the Monthly Creation ChallengeHTX Community Spring Creation ContestVote to help HTX win & share 300 USDT!Reports of potential progress toward a US-Iran deal acted as a catalyst acro

Reports of potential progress toward a US-Iran deal acted as a catalyst across risk assets. Traders who had been betting against the market were caught badly positioned and forced to close their short positions in a hurry.

The result was a cascade of $425 million in short liquidations, part of a total $530 million wiped from leveraged positions on the day. When shorts get forced out at scale, they buy to close their positions, which adds buying pressure on top of buying pressure. That mechanical dynamic is why the move looked so sudden and aggressive.

Over $300 million in crypto shorts were liquidated in the 12-hour window around Bitcoin’s spike to $74,500.

Institutions Were Already 

Why Are Bitcoin, Ethereum and XRP Prices Surging T

On April 17, driven by easing tensions in the Middle East and rising expectations for a Federal Reserve rate cut, international gold prices surged significantly, with spot gold rising nearly 2% during

Middle East Tensions Ease and Rate Cut Expectations Rise, Gold Approaches $4900

Tether has transferred 951 BTC from a Bitfinex wallet, worth around $70.5 million at current market prices, according to Arkham Intelligence data. The transaction has drawn attention from the crypto c

Tether has transferred 951 BTC from a Bitfinex wallet, worth around $70.5 million at current market prices, according to Arkham Intelligence data. The transaction has drawn attention from the crypto community, as it adds to the company’s already significant Bitcoin holdings.
Following this move, Tether’s total Bitcoin reserves now stand at approximately 97,141 BTC, making it the second-largest private holder of Bitcoin, behind Block.one. Among publicly traded companies, Strategy remains the largest corporate holder of BTC.
While Tether CEO Paolo Ardoino said the recent transfer was simply a wallet test, the company has a clear history of steadily accumulating Bitcoin over time. Similar movements have been observed before, including a transfer of 961 BTC last November, which was also moved into its reserve wallet.
Tether’s Bitcoin strategy began taking shape in September 2022 and was later formalized in May 2023, when the company announced plans to allocate 15% of its quarterly net profits into Bitcoin purchases. Since then, its BTC holdings have consistently grown as part of a broader diversification strategy.
Last June, Tether also moved 14,000 BTC from its reserve wallet to an address linked to Twenty One Capital, highlighting ongoing internal reallocations of its holdings.
Overall, this latest transfer appears to align with Tether’s long-term accumulation approach rather than signaling any immediate market shift.


Tether Moves 951 BTC to Reserve Wallet, Continuing

The 4.5 signal: Why Glassnode’s RHODL ratio says the bitcoin bottom may The RHODL ratio, by Glassnode, a key on-chain metric tracking the balance between long-term and short-term bitcoin holders, is f

The 4.5 signal: Why Glassnode’s RHODL ratio says the bitcoin bottom may The RHODL ratio, by Glassnode, a key on-chain metric tracking the balance between long-term and short-term bitcoin holders, is flashing signals more consistent with a market bottom than a cycle top, after hitting a ratio of 4.5.
Currently sitting at its third highest level on record, the indicator shows that wealth is increasingly concentrated in older coins, as younger, more speculative holdings have been largely flushed out during the 50% correction in bitcoin over the past six months.



The 4.5 signal: Why Glassnode’s RHODL ratio says t

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestClaim1,200 USDT in the Monthly Creation Challenge Bitcoin News: Bitcoin Breaks Above $77K as Strategy Returns to Profit Key Ta

Bitcoin News: Bitcoin Breaks Above $77K as Strategy Returns to Profit

Key Takeaways

Bitcoin climbed above $77,000 for the first time since February.

Strategy returned to profit on its Bitcoin holdings.

Strategy stock surged roughly 8% as BTC moved above the company’s average cost basis.

Bitcoin also reclaimed its 100-day moving average, strengthening the bullish technical setup.
Bitcoin decisively broke above $77,000, marking its strongest move since the sharp selloff in early February that briefly pushed prices toward $60,000.

The breakout is notable because Bitcoin has now moved above its 100-day moving average near $74,800, a level that rejected price twice during previous recovery attempts in February and March. This latest move suggests bulls are regaining control after months of consolidation.
The rally has also pushed Strategy back into profit on its Bitcoin treasury for the first time in weeks.

Strategy currently holds roughly 780,897 BTC with an average purchase price near $75,577. With Bitcoin now trading above $77,000, the company’s holdings have returned to positive territory, generating an estimated paper gain of more than $270 million.





Bitcoin News: Bitcoin Breaks Above $77K as Strateg

NKNlooks ready to wake up 🔥 Momentum is building and a strong bullish rally could be around the corner 📈 Keep it on your watchlist — smart entries can make the difference 😉 HFT CHR HTX Community Sprin

looks ready to wake up 🔥
Momentum is building and a strong bullish rally could be around the corner 📈
Keep it on your watchlist — smart entries can make the difference 😉 

Earn Limited-Time 10% APY on $HTX Staking

The Senate passed a 10-day FISA extension 2026 by voice vote Friday, keeping the surveillance program alive until April 30 after a bloc of 20 House Republicans overnight derailed both a five-year and 

Senate Clears 10-Day FISA Stopgap After House Revolt Sinks Longer Deal What Collapsed Overnight

Vote to help HTX win & share 300 USDT!

Banks Likely to Choose Ethereum for Finance, Says Raoul PalTop crypto executives are making a stronger call on Ethereum’s role in traditional finance. In their view, banks will prefer Ethereum when re

Banks Likely to Choose Ethereum for Finance, Says Raoul PalTop crypto executives are making a stronger call on Ethereum’s role in traditional finance. In their view, banks will prefer Ethereum when real money, real assets, and real settlement move on-chain.

Real Vision’s Raoul Pal says Wall Street is already moving toward blockchain infrastructure. The remaining question is not whether banks adopt blockchain, but which network they trust most. His bet is on Ethereum, the largest DeFi network globally.



Banks Likely to Choose Ethereum for Finance, Says

During periods of broader crypto markets weighed down by uncertainty and muted price action, investor focus is shifting toward opportunities offering asymmetric growth potential, rather than mere incr

Ozak AI’s ROI Potential Continues to Attract Investors Seeking Asymmetric Growth Opportunities

edgeX: Sub-10ms Global DeFi Layer

All about why blockchain firms will now become part of U.S Treasury’s cybersecurity program

9:01 Kr | 7 Third-Party Platforms Involved in Train Ticket Sales Summoned for Talks; 4.5 Seconds for 5 Million, Zhang Xue's Live Auction of Championship Replica Racing Car Sells 'At Light Speed'; Amazon Denies Rumors of Laying Off 14,000 Employees in May

Tutti i commenti0RecentePopolare

Temi di tendenza