The inverted pattern in the Bitcoin futures curve is a signal that investors’ confidence in BTC price continues to slump.
It’s not yet known whether Binance’s recent news of being temporarily suspended from the U.K.’s financial system is the main driver behind today’s Bitcoin (BTC) price drop. As Cointelegraph reported, the exchange sent emails to affected customers but has not given any details.Regardless of the reason behind the price weakness, derivatives contracts started to display some oddities, and this could be a troubling sign.Bitcoin quarterly futures are the preferred instruments of whales and arbitrage desks. Although it might seem complicated for retail traders due to their settlement date and price difference from spot markets, their most significant advantage is the lack of a fluctuating funding rate.When traders opt for perpetual contracts (inverse swaps), there is a fee usually charged every 8-hours t
Ethereum (ETH) and Shiba Inu (SHIB) Rally Signals Recovery as Furrever Token (FURR) Unveiling $10,000 Competition
[[{“value”:” The post Ethereum (ETH) and Shiba Inu (SHIB) Rally Signals Recovery as Furrever Token (FURR) Unveiling $10,000…