The Economist reports that perpetual contract funding rates are extracted at a rate of 10% per year from long positions
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The Economist reported that perpetual contract funding rates are extracted at a rate of 10% per year from long positions, and high leverage cryptocurrency betting has become mainstream. Arthur Hayes designed this system. (Bitcoin Archive)
The sentiment in the Bitcoin market is at a historic low of panic, with the ratio of positive to negative comments dropping to 0.54 since July 31st, and the number of bearish comments being about twice that of bullish comments. Strategy sold 1638 BTC last week, involving an amount of approximately $105 million. (Santiment)
Renato Mariotti stated that the CFTC has ordered George Santos to refund $17000 in profits and pay a $17500 fine for insider trading in the Kalshi prediction market. George Santos publicly stated that he would attend the State of the Union address, but later bet on Kalshi that he would not attend. (CoinDesk)
Executives at Coinbase, Visa and Mastercard said they plan to support multiple stablecoins, suggesting Open USD is another payments rail rather than a direct replacement for USDC.
The trading volume of stablecoins on the Base chain has reached $26.1 trillion in 2026, exceeding the $17.5 trillion for the entire year of 2025. (Cointelegraph)