Currently, the mainstream CEX and DEX funding rate displays a market shift from leaning bearish to neutral.
December 8th, according to Coinglass data, after a recent rebound in the market and an increasing number of "buy the dip" views on social media, the current mainstream CEX and DEX funding rates show a shift from a bearish bias to a neutral stance. The funding rates of major cryptocurrencies have broadly returned to a neutral position, as shown in the specific funding rates of major cryptocurrencies in the attached image.BlockBeats Note: Funding Rate is a fee set by cryptocurrency trading platforms to maintain the balance between the contract price and the underlying asset price, usually applicable to perpetual contracts. It is a funding exchange mechanism between long and short traders, and the trading platform does not charge 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 above 0.01%, it indicates a bullish market sentiment. When the funding rate is below 0.005%, it indicates a bearish market sentiment.
Dec 08, 2025Generate picture
Analysis: Fusaka Upgrade Facilitates Cost Estimation for Ethereum L2 Projects
December 8th, Entropy Advisors' Head of Data, Tom Wan, posted on social media that despite the exponential increase in average Blob Gas price after the Fusaka upgrade (mostly staying at 1 wei), the Blob base fee remains at an extremely low level, around $0.03.Furthermore, another advantage brought by this EIP proposal is that Blob prices are more predictable with lower volatility, allowing L2 projects and institutions to more easily estimate costs.
Dec 08, 2025Generate picture
OKX will list STABLE Perpetual Swap Trading
December 8, According to official sources, OKX will officially launch the STABLEUSDT perpetual contract on December 8, 2025, at 21:30 (UTC+8) on the web, app, and API, supporting up to 50 times leverage.
Dec 08, 2025Generate picture
WEEX has launched BDX and activated a limited-time zero fee promotion, with 30,000 USDT up for grabs in trading rewards.
December 8, WEEX announced that the platform has officially launched Beldex (BDX), a Web3-based decentralized privacy ecosystem. At the same time, WEEX has introduced the BDX Trading Contest with a prize pool of 30,000 USDT. Event Duration: 12/8 17:00 - 12/15 17:00 (UTC+8).During the event, users can enjoy "Zero Transaction Fee" for BDX/USDT spot trading. New users with a net deposit ≥ 100 USDT, and who conduct their first spot trade with BDX, will receive a 10 USDT reward. New users with a total contract trading volume ≥ 200 USDT will receive a reward of 10 - 30 USDT. New and existing users with a BDX spot trading volume ≥ 100 USDT will share 5,000 USDT based on their trading volume ranking. For every completed referral task, new and existing users can receive 10 - 20 USDT, with a maximum reward of 1,000 USDT per person.
Dec 08, 2025Generate picture
After Binance's release of the "Misconduct by Listing Fees Employee" announcement, the employee involved saw the meme coin they listed surge by 900%.
December 8th, according to GMGN market data, Binance officially released a notice today at 19:05 regarding the "Handling of Employee Who Illegally Promoted a Meme Coin Using Binance's Official Account." The notice stated that the employee has been suspended pending further disciplinary action. Binance has proactively contacted and will fully cooperate with the relevant law enforcement agencies in the employee's jurisdiction to take appropriate legal action based on applicable laws.However, it is worth noting that after the publication of this notice, the "involved" Meme coin "Yellow Fruit Year," which was released by the violating employee, saw a surge in its price. At the time of writing, it has risen by over 900%, with the price reaching $0.006 at one point. The market capitalization has also surpassed $6 million but has since retraced to $5.33 million.
Dec 08, 2025Generate picture
Opinion: Bitcoin Retail Selling Pressure Hits Bottom, Gold and Silver Diverge Market Attention
December 8th, according to a report by businessinsider, Joe Ciolli, the author of the First Trade column, stated that over the past 10 years, Bitcoin has risen in tandem with the U.S. stock market. However, as of 2025, the U.S. stock market has achieved a double-digit percentage increase, while Bitcoin is still in a loss-making range.The reasons for this include the fact that retail investors buying the dip are going into hiding. Their sentiment towards Bitcoin has cooled significantly, which is directly reflected in the slowing inflow of ETF funds.Another possible reason is that popular precious metals "gold and silver," which both hit new highs this year, have diverted some attention. Some believe that, at least at this stage, they have replaced Bitcoin in investment portfolios.Joe Ciolli added that the recent decline in Bitcoin may serve to purge some weak-willed speculators. Those who still hold Bitcoin are mostly staunch long-term supporters, many of whom may have held it for a considerable time. If Bitcoin can overcome some of its unique selling pressure concerns, such as the forced selling that large institutional holders like Strategy might engage in, then Bitcoin is likely to return to its position alongside stocks in the long run, especially if the interest rate cut is implemented as expected.
Dec 08, 2025Generate picture
BlackRock deposits 24,791 ETH into Coinbase
December 8th, according to LookIntoChain monitoring, BlackRock deposited 24,791 ETH (approximately $78.3 million) into Coinbase 12 minutes ago.
Dec 08, 2025Generate picture
Binance: We have suspended employees involved in using Binance accounts for illicit gains and will cooperate with law enforcement for further legal actions.
December 8thBinance announced on social media that its investigation into the "suspected employee token issuance" incident revealed that the involved employee was associated with a token that was minted on-chain at 05:29 on December 7th (UTC time). In less than a minute after the token was issued, the employee used a Binance Futures account to post a tweet containing images and text related to the token. Such conduct constitutes an abuse of power for personal gain, which seriously violates Binance's policies and code of ethics.The employee in question has been immediately suspended pending further disciplinary action. Binance has proactively reached out and will fully cooperate with the relevant law enforcement agencies in the employee's jurisdiction to take appropriate legal measures in accordance with the applicable laws. As part of the commitment, a total reward of $100,000 will be evenly distributed among the 5 earliest valid whistleblowers.
Dec 08, 2025Generate picture
Bitget Report: During Earnings Season, US Stock Futures Trading Volume Increased by 4,468% MoM, with High-Frequency Traders Executing an Average of 51.7 Trades per Day
December 8th, according to official sources, Bitget has released a report on the trend of tokenized US stock trading during the earnings season. The data shows that during the earnings season from mid-October to the end of November, the trading activity of tokenized US stocks on the platform saw a significant increase, with a month-on-month trading volume growth of 452% in the spot market and 4,468% in the futures market. The report attributes this growth to three structural factors: the trading characteristics of tokenized assets, 5x24-hour accessibility, and diversified trading behavior from users in different regions.In terms of geographical distribution, traders from East Asia account for 39.66% of the total, serving as the main source of contribution. Meanwhile, users from Latin America, South Asia, Southeast Asia, and Europe also show active participation trends. The trading behavior further indicates that high-frequency traders execute an average of 51.7 trades per day, showing significantly higher activity levels than retail investors who participate selectively.As for the futures market, trading is concentrated on giant tech stocks represented by Tesla (TSLA), Meta Platforms (META), and MicroStrategy (MSTR), further confirming that in the tokenized US stock field, funds are rapidly flowing into high-profile blue-chip tech assets.
Dec 08, 2025Generate picture
Bloomberg: Ripple's Recent $500 Million Funding Round Includes "Investor Return Protection" Clause
December 8th, according to Bloomberg, Ripple set a provision in a recent $500 million stock sale with a valuation reaching $40 billion, allowing investors to sell back shares at a higher price, essentially providing a profit protection mechanism for investors including Citadel.BlockBeats previously reported that, according to CNBC, digital asset and infrastructure company Ripple stated in early November that it had completed a $500 million financing round, with the company's valuation rising to $40 billion. This round of financing was led by funds managed by the following institutions: Fortress Investment Group-affiliated funds, Citadel Securities-affiliated funds, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.
Dec 08, 2025Generate picture
A certain trader has built long positions for BTC, ETH, and ZEC worth over $50 million in value in the past 2 hours.
BlockBeats News Update, December 8th, according to LookIntoChain monitoring, in the past 2 hours, trader 0x152e, who has accumulated over $9.6 million in profits, has established the following long positions:· 348.48 BTC, worth $32.1 million· 6,579 ETH, worth $20.8 million· 6,186 ZEC, worth $2.45 million
Dec 08, 2025Generate picture
Mainstream Perp DEX Overview: Lighter Dominates Top Spot for 10 Consecutive Days, Trading Volume Keeps Aster and Hyperliquid in Check
December 8, according to DefiLlama data, in the past 24 hours in the Perp DEX, the platform with the highest market value in trading volume has slightly increased compared to yesterday. Lighter has maintained the top spot for 10 days, while Aster remains second. The current trading volume in some Perp DEX platforms is as follows:Lighter has a 24-hour trading volume of approximately $8.22 billion, TVL of around $1.37 billion, and open interest of $1.65 billion;Aster has a 24-hour trading volume of approximately $6.48 billion, TVL of around $1.39 billion, and open interest of $2.53 billion;Hyperliquid has a 24-hour trading volume of approximately $6.22 billion, TVL of around $4.41 billion, and open interest of $5.96 billion;EdgeX has a 24-hour trading volume of approximately $5.13 billion, TVL of around $407 million, and open interest of $796 million;ApeX has a 24-hour trading volume of approximately $3.05 billion, TVL of around $46.8 million, and open interest of $89.42 million;Backpack has a 24-hour trading volume of approximately $1.25 billion, TVL is not disclosed, and open interest of $2.03 billion;Variational has a 24-hour trading volume of approximately $1.14 billion, TVL of around $72.86 million, and open interest of $320 million;Pacifica has a 24-hour trading volume of approximately $776 million, TVL of around $42.14 million, and open interest of $61.71 million.
Dec 08, 2025Generate picture
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