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

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  • 12:17
    AI-powered crypto trading platform Kuvi.ai raises $700,000 in seed funding led by Moon Pursuit Capital
    According to ChainCatcher, citing GlobeNewswire, AI-driven crypto trading platform Kuvi.ai has announced the completion of a $700,000 seed funding round, led by Moon Pursuit Capital, with participation from Transform Ventures investor Michael Terpin and others, bringing its valuation to $30 million. The company aims to use the new funds to support its message-input-based trading platform, which simplifies the crypto trading interface through conversational interactions.
  • 12:12
    Current Funding Rates on Major CEXs and DEXs Indicate a Predominantly Bearish Market Sentiment
    BlockBeats News, August 3—According to data from Coinglass, the current funding rates on major CEXs and DEXs indicate a generally bearish market sentiment. The specific funding rates for major cryptocurrencies are shown in the attached chart. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain a balance between contract prices and the prices of underlying assets, typically applied to perpetual contracts. This is a mechanism for the exchange of funds between long and short traders; the trading platform does not collect this fee. It is used to adjust the cost or yield of holding contracts, keeping contract prices close to those of the underlying assets. When the funding rate is 0.01%, it represents the benchmark rate. If the funding rate is higher than 0.01%, it indicates a generally bullish market. If the funding rate is lower than 0.005%, it indicates a generally bearish market.
  • 12:12
    A major HYPE holder deposited 4.07 million USDC into Hyperliquid 20 minutes ago, increasing their HYPE position
    BlockBeats News, August 3 — According to on-chain analyst Ai Yi (@ai_9684xtpa), the top HYPE holder ranked 75th, address 0x7BE...480D8, continues to increase their position. Twenty minutes ago, they deposited 4.07 million USDC into Hyperliquid, all of which was used to purchase HYPE. This latest accumulation has moved them up 8 ranks; currently, including staked tokens, they hold a total of 487,209.95 HYPE (approximately $18.65 million), with an unrealized profit of $1.535 million.
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