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#TrendingTopic 💰 Spot Bitcoin #ETFs May Offer Stability Amidst Unsustainable Funding Rates The ongoing rally is challenging market expectations regarding the impact of spot Bitcoin ETF inflows, which were speculated to propel the leading asset to break all-time highs by the end of March. The rally is primarily driven by demand, evidenced by #spotETF volumes surpassing $3.2 billion and net inflows totaling $520 million. The rapid price increase has triggered short liquidations and sparked a speculative buying frenzy, causing funding rates to soar on native #exchanges and even longer-end futures trading up to more than 16% over the spot. Source #BTC @wisegbevecryptonews9

#TrendingTopic

💰 Spot Bitcoin #ETFs May Offer Stability Amidst Unsustainable Funding Rates

The ongoing rally is challenging market expectations regarding the impact of spot Bitcoin ETF inflows, which were speculated to propel the leading asset to break all-time highs by the end of March. The rally is primarily driven by demand, evidenced by #spotETF volumes surpassing $3.2 billion and net inflows totaling $520 million. The rapid price increase has triggered short liquidations and sparked a speculative buying frenzy, causing funding rates to soar on native #exchanges and even longer-end futures trading up to more than 16% over the spot.

Source

#BTC

@WISE CRYPTO NEWS

Жауапкершіліктен бас тарту туралы мәлімдеме: үшінші тараптардың пікірлері бар. Қаржылық кеңес емес. Шарттар мен талаптарды қараңыз.
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#BTC Terraform Labs Faces SEC in High-Stakes Trial: Judge Issues Jury Instructions In a courtroom dispute between the U.S. Securities and Exchange Commission and Terraform #labs , Judge Rakoff criticized both sides for straying off-topic. The SEC alleges that Terraform Labs and its founder, Do Kwon, violated securities laws by engaging in fraudulent activities related to Terraform securities. This includes misleading investors about the involvement of Chai Corp with TFL technology and misrepresenting the stability of UST stablecoin. The trial began with Terraform Labs defending against these allegations, while #DoKwon remains absent due to awaiting extradition decisions. The trial's potential impact on Terra Lab's tokens, LUNA and LUNC, is uncertain. Despite recent upgrades boosting $LUNA prices, concerns about the trial's outcome persist. $LUNC prices have seen fluctuations, influenced by factors like token burning and increasing demand. Currently, #LUNC is priced at $0.000161,with a market capitalization of $939.80. #SHIB
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#BTC #SaudiArabia reportedly plans to create a $40B fund to invest in #artificialintelligence . This would make the Saudis the world's largest #investors in the sector. And people still think $AI is in a bubble, lol. #SHIB @WISE CRYPTO NEWS
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#BTC 🌖 Terra Luna Classic’s $1 Dream: Is Chain Upgrade the Catalyst? The #TerraLunaClassic community recently celebrated a successful upgrade to its blockchain, known as Layer-1 chain v2.4.2, as per governance proposal #12090. This upgrade, implemented at block height 17309000 on March 25, included important features like IBC-Hooks for smoother integration of new decentralized applications (dApps), such as Enterprise DAO. Genuine Labs, the developer team, ensured a smooth transition during the hard fork, receiving praise from the community. The upgrade has instilled optimism among Terra Classic's members, with increased security measures and a rise in $LUNC holders to 5.52 million. The community has burned 105 billion LUNC tokens, leaving 5.8T #TerraClassic tokens in circulation. Despite ranking 124 in the market, a recent 35% surge has revived hope for its revitalization plan aiming for $1 per #LUNC. , though still distant from its all-time high of $119 in April 2022. #SHIB
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#BTC Terra Luna Classic Price Prediction: Is $2 Within Reach? #TerraLunaClassic (#LUNC. ) has gained attention due to recent price movements in the cryptocurrency market. This article examines its current state, analyzing its price history, market #Sentiment , recent upgrades, and the possibility of reaching the $2 price mark. Despite its low current price of $0.000161, recent developments, including the introduction of IBC-Hooks and security upgrades, suggest potential for growth. While $2 may seem ambitious, positive market sentiment, institutional adoption, and historical volatility indicate it's not entirely out of reach. However, investors should approach with caution given the speculative nature of cryptocurrencies. #SHIB
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#BTC 💥 Futures (Free Signal) 🔴 SHORT #ENS/USDT 📌Entry zone : 22.757_22.311 Targets : 22.154_21.706_21.259_20.811_20.363_19.916_19.468_19.021 Stop loss :23.872 #Leverage : 5x_10x #SHIB #DOGE 🆔 @WISE CRYPTO NEWS
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