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Bitcoin funding rates turn most negative since 2023, signaling potential market bottom

Bitcoin BTC$75,087.71 funding rates have hit their most negative levels since 2023, a signal that has historically coincided with market bottoms, as BTC continues to push higher through $75,000. On a seven-day moving average, funding rates have dropped to around -0.005%, according to Glassnode data. Funding rates are periodic payments exchanged between long and short…

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Wall Street tech is coming to crypto as DoubleZero rolls out high-speed data for blockchain

DoubleZero Foundation, a project building high-speed data infrastructure for blockchains like Solana, has rolled out a new platform to speed up how trading firms access crypto market data — a sign of growing demand for Wall Street-style systems in digital asset markets. The project, called DoubleZero Edge, went live on Thursday. Its first offering is…

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