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02:02
Current mainstream CEX and DEX funding rates show a significant weakening of bearish sentiment in the market.
BlockBeats News, April 28, according to Coinglass data, as Bitcoin saw a slight dip, current mainstream CEX and DEX funding rates show a significant weakening of bearish sentiment in the market. The specific funding rates are shown in the attached image. BlockBeats note: The funding rate is a fee set by cryptocurrency trading platforms to maintain balance between contract prices and the prices of underlying assets, usually applied to perpetual contracts. It acts as a funding exchange mechanism between long and short traders. Trading platforms do not charge this fee; instead, it is used to adjust the costs or returns for traders holding contracts, so that contract prices remain close to the underlying asset prices. When the funding rate is 0.01%, this indicates the benchmark rate. When the funding rate is above 0.01%, it means the market is generally bullish. When the funding rate is below 0.005%, it means the market is generally bearish.
02:01
Sky proposal streamlines treasury management, transitioning from governance-driven to rule-based spending
According to ChainCatcher, Sky has proposed a comprehensive reform of the treasury revenue distribution mechanism. Founder Rune Christensen stated that with Genesis Capital's transition to Grove, Sky has officially ended its initial capitalization phase, and previous capital deployments, which were irregular and determined by governance, have now concluded.
02:01
US Senator Lummis: Plans to push the CLARITY Act into review in May; bitcoin is true free currency
Foresight News reports that Cynthia Lummis, U.S. Senator from Wyoming and Chair of the Senate Digital Assets Banking Subcommittee, stated at the "Bitcoin 2026" conference that she plans to advance the CLARITY Act into the review process this May and will work to have the bill ultimately enacted, establishing a comprehensive regulatory framework for the U.S. crypto market. She also shared her introduction to Bitcoin: between 2013 and 2014, she purchased three bitcoins at $300 each, and subsequently became one of the earliest senators to systematically promote crypto legislation during her Senate term. Bitcoin’s design, which does not rely on a trusted third party and limits the total supply to 21 million, makes it a true "free currency" in her view, and she believes the U.S. should become the global hub for this asset.
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