funding

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0036%. Among the current mainstream exchanges, the rate on Binance is 0.0013%, OKX is 0.0094%, Bybit is 0.0034%, and Gate is 0.01%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.0022%. Among the current mainstream exchanges, the rate on Binance is 0.0015%, OKX is 0.0012%, Bybit is -0.0019%, and Gate is 0.0098%.

According to CoinDesk, after the cryptocurrency trading platform Gemini, founded by the Winklevoss brothers, announced its Q1 2026 financial report, its stock price rose over 25% in pre-market trading. The financial report showed that the company's revenue for the quarter increased by 42% year-on-year to $50.3 million, while the net loss narrowed by 27% year-on-year to $109 million, but still exceeded market expectations of a loss of $0.61 per share.The report indicated that Gemini's operating expenses increased by 73% year-on-year to $144.5 million, with employee compensation costs rising by 91%, which included approximately $6.5 million in severance pay; sales and marketing expenses also doubled year-on-year to $19.1 million.The company stated that it is currently driving its business transformation through layoffs, business contraction, and a $100 million Bitcoin injection from Winklevoss Capital Fund, and is seeking to achieve profitability.In February of this year, Gemini closed its operations in the UK, EU, and Australia, laying off about 25% of its staff, and shifted its focus to the U.S. market and prediction market business. In April, the company received approval from the U.S. Commodity Futures Trading Commission for its Derivatives Clearing Organization (DCO) license, officially entering the cryptocurrency prediction market field. Boosted by these developments, the company's stock price has recently rebounded and is now above $6.6.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0013%. Among the current mainstream exchanges, the rate on Binance is 0.0004%, OKX is 0.0025%, Bybit is -0.0036%, and Gate is 0.01%.

According to Coinglass data, the current average funding rate for BTC across the network over 8 hours is -0.0012%. Among the current mainstream exchanges, the funding rate for Binance is -0.0019%, OKX is 0.0021%, Bybit is -0.0019%, and Gate is 0.01%.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0006%. Among the current mainstream exchanges, the rate on Binance is -0.0007%, OKX is 0.0057%, Bybit is 0.0024%, and Gate is 0.003%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is -0.0057%. Among the current mainstream exchanges, the rate on Binance is -0.0043%, OKX is 0.0036%, Bybit is -0.0056%, and Gate is -0.0027%.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0023%. Among the current mainstream exchanges, the rate on Binance is 0.0039%, OKX is 0.0031%, Bybit is 0.0041%, and Gate is 0.0019%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is -0.001%. Among the current mainstream exchanges, the rate on Binance is 0.0042%, OKX is 0.001%, Bybit is 0%, and Gate is -0.0008%.

Democratic Senator Jack Reed stated at the CLARITY bill hearing that Iran is using cryptocurrency to procure sensitive goods, and the drones they are acquiring are wreaking havoc in the Persian Gulf. Moreover, most of this funding has turned into stablecoins. If we truly support our military, we should cut off their (Iran's) funding sources.

According to Axios, the Bitcoin custody platform Onramp has completed a $12.5 million Series A funding round, bringing the company's valuation to $135 million. Early Riders led the round, with participation from its private clients and external angel investors.Onramp focuses on helping large Bitcoin holders diversify their assets across multiple institutions, allowing users to avoid reliance on a single custodian and not having to manage private keys themselves.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0042%. Among the current mainstream exchanges, the funding rate on Binance is 0.0056%, OKX is 0.0012%, Bybit is 0.0038%, and Gate is 0.0044%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.0006%. Among the current mainstream exchanges, the rate on Binance is 0.003%, OKX is 0.0039%, Bybit is 0.0024%, and Gate is 0.0002%.

According to official disclosures, the fintech company Stitch has completed a $25 million Series A funding round, led by a16z, with participation from Arbor Ventures, COTU Ventures, RAED Ventures, and SVC.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0071%. Among the current mainstream exchanges, the rate on Binance is 0.006%, OKX is 0.0072%, Bybit is 0.0059%, and Gate is 0.01%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.0036%. Among the current mainstream exchanges, the rate on Binance is 0.0039%, OKX is 0.0066%, Bybit is 0.0055%, and Gate is 0.01%.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0029%. Among the current mainstream exchanges, the rate on Binance is 0.0006%, OKX is 0.0075%, Bybit is -0.0036%, and Gate is 0.0098%.

According to Coinglass data, the current average funding rate for BTC across the network over 8 hours is 0.0017%. Among the current mainstream exchanges, the rate on Binance is 0.0018%, OKX is 0.0087%, Bybit is -0.0011%, and Gate is 0.0093%.

American defense technology company Anduril announced the completion of a $5 billion Series H financing round, with a post-money valuation of $61 billion. This round was led by Thrive Capital and a16z.CEO Brian Schimpf stated in a letter to investors that the company's revenue is expected to reach $2.2 billion by 2025, with revenue and employee numbers nearly doubling over the past year. The company has delivered its first international project for the Royal Australian Navy and completed an autonomous flight demonstration in the U.S. Air Force's unmanned combat aircraft program.Anduril stated that it will focus on increasing investments in high-capacity manufacturing, AI and autonomous systems, the Lattice sensor and command control platform, as well as the Arsenal-1 factory and ArsenalOS production system, to address the transformation of defense demands in the context of "industrialized warfare" and great power competition.