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BTC price pullback after $35K? Bitcoin funding rates turn 'grossly positive'

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Bitcoin may see a deeper retracement at the hands of positive funding rates and a lack of bid liquidity below BTC price, the latest market takes suggest. Bitcoin (BTC) consolidated near $34,000 after the Oct. 24 Wall Street open as the dust settled on 15% daily gains. BTC/USD 1-hour chart. Source: TradingView Opinions diverge on Bitcoin funding rates Data from Cointelegraph Markets Pro and TradingView tracked BTC price volatility through the day, with $34,000 a focus at the time of writing. The pair had previously hit 17-month highs near $35,200 on the back of fresh excitement over the potential approval of a Bitcoin spot price exchange-traded fund (ETF) in the United States. Analyzing the sequence of events which led to a $5,000 daily candle, monitoring resource Material Indicators revealed a support/resistance (R/S) flip at $30,600. The speed at which the market broke through resistance in place throughout the past year-and-a-half was surprising, an X post read. Material Indicator...

Dash 2 Trade Coming to Gate.io – Four Day Overfunding Round Announced For more Listings

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Join Our Telegram channel to stay up to date on breaking news coverage The popularity of the crypto intel platform, Dash 2 Trade, has gotten the notice of tier 1 exchanges, and its native token, D2T, is set to go live on Gate.io on January 11th But this is not the only good news for the early movers. Dash 2 Trade has also announced that the sell-out presale will be extended for four more days for the over- funding round. Earlier today, Dash 2 Trade hit its $13.4 million milestone, which was supposed to end the presale round. However, in light of new developments and the desire to give newcomers a chance, the crypto intel platform has decided to increase the time frame for the presale. As a result,  Dash 2 Trade has added a 5th stage  to its presale round in which 36 million tokens will go on sale at $0.556. The goal is to raise an additional $2.001 million. Dash 2 Trade has increased the price by 4% in this over funding round, and the new target is $15. 4 million. ...