Amid the repetitive rejection above $110,000 levels, Bitcoin funding rates have turned negative as the BTC shorts pile up. This highlights growing bearish sentiment with spending from the long-term BTC holders on the rise as well. Similarly, short positions have also built up for some of the top altcoins such as Cardano (ADA), and Binance Coin (BNB).
Trump’s World Liberty Crypto Project Gets $100 Million Investment From UAE Fund
The President Trump-backed crypto project, World Liberty Financial, has a new investor—which just snapped up $100 million worth of WLFI tokens. In a joint statement with World Liberty Financial issued Thursday, United Arab Emirates-based crypto fund Aqua 1 Foundation said that it bought the large sum of WLFI tokens "to...
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