The current mainstream CEX and DEX funding rate displays that the market is in a neutral state
On July 13th, based on Coinglass data, the current mainstream CEX and DEX funding rates indicate that the market remains in a neutral position. The specific funding rates for mainstream coins are presented in the attached image.
BlockBeats Note: The funding rate is a fee set by cryptocurrency exchanges to maintain the balance between the contract price and the underlying asset price. It is usually applicable to perpetual contracts and is a funding exchange mechanism between long and short traders. The trading platform does not collect this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price.
When the funding rate is 0.01%, it represents the baseline rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market. When the funding rate is less than 0.005%, it indicates a generally bearish market.
4 minutes ago
The "Insider Trader"‘s short positions have now all turned into losses, with an overall unrealized loss of over $600,000.
On July 13th, based on on-chain data, with the surge of the crypto market, the short positions of "insider trader" @qwatio in BTC, ETH, and FARTCOIN have all turned into losses now. The overall unrealized loss exceeds $600,000:
· 40 times short on BTC: Holding 1,273.58 BTC, valued at $150 million, with an entry price of $117,828.8;
· 25 times short on ETH: Holding 33,742.74 ETH, valued at $99.74 million, and the entry price is $2,966.63;
· 25 times short on FARTCOIN: Holding 15 million FARTCOIN, valued at $18.56 million, and the entry price is $1.2543.
4 minutes ago
Lianlian Digits Plans to Raise Approximately HKD 394 Million through Preferential Placement, for Blockchain, AI, and Other Technology Applications
July 13th. LianLian Digital (02598.HK) announced that on July 12, 2025, it entered into a placement agreement with a placement agent. Under this agreement, 38.4 million new H shares will be privately placed at HK$10.25 per share to no fewer than six independent professional individuals, institutions, and/or other investors.
The announcement stated that if all the placement shares are fully subscribed, the total gross proceeds from the placement are expected to be approximately HK$394 million. The Company intends to use the net proceeds for the innovation and application of blockchain and other innovative technologies in the global payment field, global business and license expansion, as well as for general corporate purposes. LianLian Digital emphasized that this placement will assist in accelerating business innovation, enhancing capabilities and applications in new technologies such as blockchain and AI, and expanding application scenarios, thereby strengthening its global strategic
4 minutes ago
Bybit: PUMP Token Airdrop Completed
July 13th. Bybit announced that after the enthusiastic response to the public sale of the PUMP token on July 12th, 2025, all successfully subscribed users have now received the corresponding token distribution in their Bybit accounts. Regarding any questions or assistance, users can get in touch with the team through online chat.
Earlier today, Bybit announced that at 14:00 UTC on July 12th, 2025, the public token sale of PUMP officially began. Due to extremely high market demand, the tokens were oversubscribed in just a few seconds. As a result, some users successfully received an allocation while others were unable to participate. Bybit will compensate all affected users by providing a 20 USDT spot trading fee discount coupon.
4 minutes ago
Michael Saylor has released Bitcoin Tracker information, hinting at a potential BTC accumulation strategy.
On July 13th, the founder of Strategy, Michael Saylor, once again shared information regarding the Bitcoin Tracker and stated, "There are times when you are not merely HODLing."
After the previous pattern, Strategy always makes public information about increasing its Bitcoin holdings on the second day following the release of such news.
4 minutes ago
Bitget Chinese Language Lead: The number of participants in the PUMP public sale has reached 10,144. After conducting a community survey, it was decided to distribute the tokens proportionally.
July 13th, on X Platform: Xie Jiayin, the Chinese leader of Bitget, stated in a post that:
1. The number of people participating in the public sale via Bitget was 10,144.
2. After the public sale, the Bitget team had the first communication with the project team and strived to obtain more quotas for users. Facing a long waiting period and external doubts, they always put user interests first, continuously coordinated, and never gave up any possibility.
3. After the public sale, the team delved into a large number of active communities to study users' real needs. Finally, it was decided to distribute the PUMP token in proportion.
4 minutes ago
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