Current mainstream CEX and DEX funding rates show a significant decrease in market short sentiment
On May 4, Coinglass data showed that as Bitcoin surged past the $80k mark, funding rates across major centralized (CEXs) and decentralized (DEXs) exchanges indicated a notable reduction in market shorts. Specific funding rates are included in the attached chart.
BlockBeats Note:
Funding rates are fees set by crypto exchanges to keep contract prices aligned with underlying asset prices—typically for perpetual contracts. They facilitate fund transfers between long and short traders; the trading platform does not collect this fee itself. This mechanism adjusts the cost or profit for traders holding positions, ensuring contract prices stay close to underlying asset values.
Key Rate Context:
A 0.01% funding rate is the baseline. Rates above 0.01% signal a broadly bullish market, while rates below 0.005% point to a broadly bearish market.
12 minutes ago
Binance: Holding at least 220 Alpha Points will enable you to claim airdrop of 2,000 BILL Tokens
Binance Alpha will be the first platform to list the Billions Network (BILL) token, per official sources. Listing and trading for BILL on Alpha will launch at 15:00 UTC+8 on May 4, 2026.
Eligibility for the BILL airdrop requires holding at least 220 Binance Alpha Points. Users can claim 2,000 BILL tokens on the Alpha event page—on a first-come, first-served basis. The point threshold will drop by 5 points every five minutes while the event is active.
Claiming the airdrop requires 15 Binance Alpha Points. Users must confirm their claim on the event page within 24 hours; unconfirmed claims will be forfeited.
12 minutes ago
The crypto market has shifted from "Neutral" to "Fear," with the Fear & Greed Index dropping to 40.
**Crypto Fear & Greed Index Falls to 40 on May 4th, Sentiment Shifts to Fear**
As of May 4th, alternative data shows the Crypto Fear & Greed Index is at 40 today—down from 47 yesterday—pushing market sentiment from "Neutral" to "Fear."
Note: The index ranges from 0 to 100 and includes these metrics: Volatility (25%), Market Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin Dominance (10%), and Google Trends Analysis (10%).
### Key adjustments for U.S. English habits:
1. **Terminology standardization**: Used the widely recognized *Crypto Fear & Greed Index* (vs. "cryptocurrency fear and greed index") and *Bitcoin Dominance* (no possessive *'s*, standard industry phrasing).
2. **Flow & brevity**: Swapped "today's cryptocurrency fear and greed index is 40" for the tighter "the Crypto Fear & Greed Index is at 40 today" + added an em dash to highlight the day-over-day drop (clearer for quick scanning).
3. **Accuracy**: Replaced "threshold is 0-100" with "ran
12 minutes ago
The Solana-based Meme Coin TROLL Surpasses $55 million in Market Cap, with a 90%+ Surge in the Last 24 Hours
On May 4th, per GMGN’s monitoring (via the link: https://gmgn.ai/sol/token/i_m4TE56o8_5UUH9RTDiSpq6HKS6bp4NdU9PNJpXRXuiw6ShBTBhgH2), Solana ecosystem meme coin TROLL saw a notable surge in market capitalization. It topped $55 million, hitting roughly $55.07 million, with a 24-hour gain of 94.97% and a 24-hour trading volume of $11.1 million.
BlockBeats reminds users that meme coins are highly volatile, heavily swayed by market sentiment and hype, and lack tangible value or real-world use cases. Investors should exercise caution regarding the associated risks.
12 minutes ago
The Bean Bag will explore the introduction of more value-added services outside of the free tier, which is currently in the testing phase.
Citing tracking data from Dongcha Beating, First Financial reported that Bean Pod’s App Store page recently featured a note about a paid version service.
In response, Bean Pod officials noted the app has always offered free services—and is now exploring adding more value-added options. Specific details of these plans are currently in testing.
Additionally, insiders close to Bean Pod say the paid features will focus on complex tasks and productivity use cases: PPT creation, data analysis, and video production, for example.
As the app’s AI model capabilities keep improving, it can now take on more complex, high-value tasks—but those tasks demand more computing power and processing time.
That’s why Bean Pod plans to roll out a paid tier to cater to these complex needs, while the free version will continue to focus on users’ everyday usage.
12 minutes ago