News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Flash
- 15:13Bitget has launched the USDT-margined MITO perpetual contractForesight News reports that Bitget has launched the USDT-margined MITO perpetual contract, with leverage ranging from 1 to 50 times. Contract trading BOT will be opened simultaneously.
- 15:12Current mainstream CEX and DEX funding rates show continued market divergence, with bearish and neutral sentiments coexisting.BlockBeats News, August 30, according to Coinglass data, the current funding rates on major CEX and DEX platforms show continued market divergence, with both bearish and neutral sentiments coexisting. The specific funding rates for major cryptocurrencies are shown in the attached chart. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and the prices of underlying assets, usually applied to perpetual contracts. It is a capital exchange mechanism between long and short traders. The trading platform does not charge this fee; it is used to adjust the cost or profit of holding contracts, so that the contract price remains close to the price of the underlying asset. When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market. When the funding rate is less than 0.005%, it indicates a generally bearish market.
- 15:07Blockchain lending protocol Credit Coop completes $4.5 million seed round led by Maven 11 and Lightspeed FactionAccording to ChainCatcher, as reported by PRNewswire, blockchain lending protocol Credit Coop has announced the completion of a $4.5 million seed funding round, led by Maven 11 and Lightspeed Faction, with participation from a certain exchange Ventures, Signature Ventures, Veris Ventures, TRGC, and dlab. The new funds will be used to support the development of its credit protocol, which converts commercial cash flows into programmable collateral based on Spigot smart contracts, in order to provide real-time settlement, automated lending services, and transparent credit monitoring.