Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

News

Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Bitcoin CME futures premium drops as institutional appetite wears off
Bitcoin CME futures premium drops as institutional appetite wears off

Share link:In this post: Bitcoin CME futures premium drops to 4.3%, the lowest since October 2023, amid declining arbitrage opportunities. Institutional interest shifts as funding rates turn negative and spot-futures spreads narrow, signaling reduced hedge fund activity. On-chain data reveals mixed whale sentiment, while technical analysts eye key liquidity zones near $101K and $110K.

Cryptopolitan·2025/07/02 12:13
Flash
  • 23:52
    Pump.fun Announces Official Acquisition of Wallet Tracking Tool Kolscan
    According to ChainCatcher, Pump.fun has officially announced the acquisition of the wallet tracking tool Kolscan, though the specific amount was not disclosed. Kolscan focuses on monitoring the activities of top on-chain traders, providing real-time trading updates, token profit and loss analysis, and a performance-based leaderboard.
  • 23:52
    Aguila Trades Opened a 20x Leveraged Long BTC Position Yesterday, Now Showing a Floating Profit of $20.11 Million
    According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that after trader Aguila Trades reopened a 20x leveraged long position in BTC, he has increased his position to 3,000.35 BTC over the past day, valued at $347 million, with a current unrealized profit of $20.11 million.
  • 23:48
    US Treasury Secretary: Trump and Soros Both Lack Patience When Engaging in High-Risk Trades
    According to a report by Jinse Finance, U.S. Treasury Secretary Bessent delivered a speech at the Allen & Co. annual conference, often referred to as the "Billionaire Summer Camp." The host asked Bessent to compare his current "boss" with his former boss. Bessent said that U.S. President Trump and his former boss, financial magnate Soros, share a common personality trait: both lack patience when engaging in high-risk trades. According to attendees, Bessent remarked that Trump and Soros are quite similar in terms of personality, expectations, and impatience. When drafting tariff announcements, he advised Trump to be patient. Sources said Bessent believes Trump has a unique ability to identify problems and find solutions, but sometimes lacks patience in execution. In response to audience questions, Bessent downplayed the impact of tariffs on inflation and predicted there would be two interest rate cuts this year, adding that long-term borrowing costs may remain consistent with pre-pandemic levels. (Jin10)
News