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Bitcoin’s Kimchi Premium refers to the gap between a token’s prices in South Korea and elsewhere.It may indicate the level of local demand for crypto.South Korea’s bitcoin premium has been declining since last month.
Bitget launched ADAUSD futures on May 10 , 2024 (UTC+8) with a maximum leverage of 20x. Welcome to try futures trading via our official website (www.bitget.com) or Bitget APP. ADAUSD (COIN-M Perpetual Futures): Parameters Details Listing time May 10, 2024 8:00 (UTC) Underlying asset ADA Settlement
The three spot bitcoin ETFs in Hong Kong saw about 90.16 BTC leave the products on Thursday, according to SosoValue.The total trading volume of the three ETFs amounted to $2.06 million on Thursday, down from $9.74 million on April 30, their first trading day.
The 11 spot bitcoin ETFs in the U.S. recorded a total daily net outflow of $11.29 million on Thursday.Only Grayscale’s GBTC saw net outflows on the day.
Institutional Crypto Research Written by Experts
The revenue sources of the Ethena protocol are spot collateral yield + funding rate revenue from short positions. The introduction of BTC collateral dilutes the collateral yield rate, while market calmness and a significant reduction in Ethena's short positions have decreased the funding rate revenue.
“A vote for Biden is a vote against the American cryptocurrency industry,” said Charles Hoskinson in a video that lashed the White House for its ongoing treatment of crypto in the United States.
- 21:46Pump.fun eco tokens fall in general, ARC down 32.9% in 24 hoursGolden Finance reported that the market shows that Pump.fun ecological tokens fell, ARC 24 hours down 32.9%, now quoted at $0.2596, including: FARTCOIN 24 hours down 25%, now quoted at $0.894; GRIFFAIN 24 hours down 13.7%, now quoted at $0.2096; VINE 24 hours fell 13.9%, now quoted at $ 0.1653; UFD 24 hours fell 11.3%, now quoted at $ 0.1196; the market fluctuations, please do a good job of risk control.
- 21:30All three major U.S. stock indexes turned lower, with the Dow now down 0.58 percent, the S&P 500 down 0.23 percent and the Nasdaq down 0.01 percentGold Finance reports that all three major U.S. stock indexes turned lower, with the Dow now down 0.58%, the S&P 500 down 0.23% and the Nasdaq down 0.01%.
- 21:29ECB Governing Council's Villeroy & Boch: Inflation levels should remain sustainably near 2% target by this summerBlockBeats - On January 31, ECB Governing Council member Jean-Marie Villeroy said that inflation should remain sustainably near our 2% target by this summer.