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06:04
Current mainstream CEX and DEX funding rates indicate the market has once again turned fully bearish
BlockBeats News, February 23, according to Coinglass data, as Bitcoin briefly fell below $65,000 today, the current funding rates on major CEX and DEX platforms indicate that the market has once again turned fully bearish. The specific funding rates are shown in the attached chart. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain balance between the contract price and the underlying asset price, usually applied to perpetual contracts. It is a mechanism for capital exchange between long and short traders. The trading platform does not charge this fee; it is used to adjust the cost or profit of holding contracts for traders, so that the contract price remains close to the underlying asset price. When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates that the market is generally bullish. When the funding rate is less than 0.005%, it indicates that the market is generally bearish.
05:47
glassnode: The 7-day EMA of investors' net realized profit and loss has rebounded today to -480 millions USD per day
Foresight News reported that glassnode tweeted, "The 7-day exponential moving average of investors' net realized profit and loss recently plummeted to -1.24 billion USD per day on February 6, and has rebounded to -480 million USD per day today. Although the decline has eased, the overall market still shows signs of pressure, and participants in the bottom-building phase continue to sell at a loss."
05:34
U.S. Customs halts collection of tariffs ruled illegal by the Supreme Court
Glonghui, February 23|The U.S. Customs and Border Protection (CBP) announced that it will stop collecting tariffs imposed under the International Emergency Economic Powers Act (IEEPA) at 12:01 a.m. Eastern Time on Tuesday (13:01 Beijing time). Previously, the U.S. Supreme Court had ruled these tariffs illegal. CBP informed shippers via its Cargo Systems Messaging Service (CSMS) that all tariff codes related to orders previously issued by President Trump under the IEEPA will be deactivated starting Tuesday. Meanwhile, Trump, under another legal authority, imposed a new 15% tariff on global goods to replace the tariffs that were ruled illegal by the Supreme Court last Friday.
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