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Bitcoin funding rates showcase market sentiment shifts from 2021 to 2024
Bitcoin funding rates showcase market sentiment shifts from 2021 to 2024 News Desk · 5 days ago Onchain Highlights DEFINITION: The average funding rate (in %) set by exchanges for perpetual futures contracts. When the rate is positive, long positions periodically pay short positions. Conversely, when the rate is negative, short positions periodically pay long positions. Bitcoin futures perpetual funding rates across all exchanges offer a comprehensive view of market sentiment. As the first chart indicates, there was a notable spike in funding rates during the initial phase of 2021, corresponding with Bitcoin’s significant price surge to around $64,000 in...
FCA Prepares to Regulate Crypto as Awareness Climbs to 93%
The Financial Conduct Authority (FCA) reports growing awareness of cryptocurrency in the UK, now at 93%, alongside a rise in ownership, which has reached 12% of adults, up from 10%. The average crypto holdings have grown to £1,842, with most new investors relying on family and friends for information. Alarmingly, 10% of buyers admitted to making purchases without prior research. Despite the growth, the FCA warns that crypto remains largely unregulated in the UK, posing significant risks, including the potential for complete financial loss. To address these issues, the FCA has introduced a regulatory roadmap featuring consultations to promote transparency...
How to Run a Bitcoin Node on a Raspberry Pi
By Mark Hunter 1 week agoTue Nov 26 2024 08:31:55 Reading Time: 3 minutes Running a Bitcoin node on a Raspberry Pi is a simple way to help the network Setup is easy with just a few pieces of equipment needed, which don’t need to be that expensive Our guide helps you get up and running at minimal cost Running a Bitcoin node is a great way to help further the cause of the world’s oldest and greatest (arguably) cryptocurrency, and the good news is you don’t have to own a mining farm to do it! Running a node helps...