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16:15
After a strong market rebound, mainstream CEX and DEX funding rates still indicate a bearish outlook
BlockBeats News, March 3rd, according to Coinglass data, Bitcoin led altcoins in a strong rebound after the opening of today's U.S. stock market. However, current mainstream CEX and DEX funding rates indicate that the market is still overall bearish. Specific funding rates for mainstream coins are shown in the attached image. BlockBeats Note: Funding rates are rates set by cryptocurrency exchanges to maintain the balance between contract prices and underlying asset prices, usually applicable to perpetual contracts. It is a mechanism for fund exchange 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 greater than 0.01%, it indicates the market is generally bullish. When the funding rate is less than 0.005%, it indicates the market is generally bearish.
16:13
Middle East Stock Market Closing Report | Saudi Aramco closes up over 1.6%, Qatar stock market falls about 4.3%
Saudi Aramco closed up 1.63%, at 26.22 Saudi Riyals, bringing the cumulative gain over the past two trading days to 5.05%. The Albilad Southern Dongying MSCI Hong Kong China Stock ETF listed in Saudi Arabia closed down 0.33%, at 12.04 Saudi Riyals. The Qatar Stock Exchange Index closed down 4.29%, the Kuwait Stock Exchange Supermarket Price Return Index closed down 1.85%, and the Egypt Stock Exchange EGX 30 Index closed down 0.61%. Dubai and Abu Dhabi were closed for trading. The Tel Aviv Stock Exchange 35 Index in Israel closed up 4.61%, at 4318.50 points, breaking the historical closing high of 4243.47 points set on February 23. Among the constituent stocks, Delek Drilling, YH Dimri Construction & Development, Navitas Petroleum Lp., Menora Mivtachim Holdings Ltd., and Next Vision Stabilized Systems led the gains with increases ranging from 11.87% to 10.11%, while only two constituent stocks closed down.
16:12
In the last 4 hours, the entire network has liquidated $179 million, primarily from short positions.
BlockBeats News, March 3rd, according to Coinglass data, in the past 4 hours, a total of $179 million was liquidated across the entire network, with $47.07 million in long liquidations and $133 million in short liquidations.
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