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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.
In the foreseeable future, the growth curve of Bitcoin's programmability will enter an accelerated growth phase, and the assets, users, and applications of the Bitcoin ecosystem will usher in a wave of explosive growth in the Cambrian era.
- 15:43The Mayor of Cannes announces plans to encourage local businesses to adopt cryptocurrency payment systems, in preparation for the 2027 presidential electionThe Mayor of Cannes, David Lisnard, announced on his LinkedIn account that he is promoting the integration of cryptocurrency payment systems for businesses in the city and will host the 8th Ethereum Community Conference (EthCC) from June 30 to July 3, 2025. On February 4, the city government will provide local merchants with training in crypto payment technology, law, accounting and taxation at the Palais des Festivals de Cannes. They also plan to release a "crypto-friendly" merchant map. As a three-time World Tourism Festival city, this EthCC event in Cannes is expected to attract more than 6,500 registered participants with a total participation of up to 10,000 people including parallel activities. This move by Lisnard is considered as positioning for France's presidential election in 2027.
- 15:37Data: An early whale in SWARMS today cleared out the last 7.42 million tokens, accumulating a profit of 860,000 US dollarsAccording to on-chain analyst @ai_9684xtpa, another SWARMS whale has left the market - an early whale that built a position at an average price of $0.0676 today cleared its last 7.42 million tokens (about $1.28 million), making a total profit of $860,000. He spent $2.18 million building his SWARMS position within nearly a month when the initial market value was just over $67 million; buying as it rose and breaking through a market cap of six hundred million without reducing his holdings until the coin price began to fall in recent weeks, frequently selling off with final average sell-off price being $0.1379.
- 15:35Data: XRP market value breaks through 170 billion US dollars, ranking 99th in the global asset market valueAccording to 8marketcap data, XRP's market value has broken through 170 billion US dollars, reaching 170.41 billion US dollars, with a 24-hour increase of 14.53%. It is now among the top 100 in global asset market value ranking, ranking at number 99.