Cryptocurrency News

1. On August 6, according to Tide Capital, the total open interest of Bitcoin futures contracts on the entire network has dropped to US$25.8 billion, a drop of more than 30%, and the funding rate has turned negative, with a large number of leveraged long positions being closed.

2. OKX announced that it will launch MAX and ONDO perpetual contracts with a maximum leverage of 50 times. MAX's USDT-based perpetual contract will be enabled at 16:30 on August 6, 2024, and MAX leveraged trading and Simple Earn will be enabled at 16:00 on August 6, 2024; in addition, ONDO's USDT-based perpetual contract will be enabled at 18:30 on August 6, 2024, and ONDO leveraged trading and Simple Earn will be enabled at 18:00 on August 6, 2024.

3. Meme coins rebounded across the board, with new meme coins such as HITMAN and NEIRO leading the gains

Among the old meme coins, DOGE rose by 12.6% in 24 hours, SHIB rose by 18.6% in 24 hours, and PEPE and WIF both rebounded by nearly 20%;

Among the new meme coins, FWOG rose by 92.4% in 24 hours, NEIRO on the Ethereum chain rose by 82.8% in 24 hours, and HITMAN (the same-name meme of Turkish icon Olympic shooting athlete Yusuf Dikec) on the Ethereum chain rose by 113.1% in 24 hours. #加密市场反弹