VanEck CEO Jan van Eck says banks must adopt a blockchain to handle stablecoin transfers within 12 months, and he expects Ethereum or Ethereum-style platforms to become the dominant stablecoin
BitcoinWorld BTC Perpetual Futures: Unveiling Crucial Trader Sentiment Across Top Exchanges Are you wondering about the current pulse of the crypto market? Understanding the collective sentiment of traders is crucial, especially when it comes to volatile assets like Bitcoin. Today, we’re diving deep into the fascinating world of BTC perpetual futures , specifically examining the long/short ratio across the industry’s leading exchanges. This metric offers a powerful glimpse into whether traders are leaning towards price increases (longs) or decreases (shorts). What Do BTC Perpetual Futures Ratios Tell Us Overall? The BTC perpetual futures market is a dynamic environment where traders speculate on Bitcoin’s future price without an expiry date. The long/short ratio is a key indicator that reveals the prevailing sentiment. When more traders are “long,” they expect the price to rise; when more are “short,” they anticipate a fall. Analyzing this ratio helps us gauge market confidence and potential price movements. Looking at the combined data from the top three crypto futures exchanges by open interest over the last 24 hours, the overall sentiment regarding BTC perpetual futures shows a finely balanced market. The aggregated long/short position ratio stands at: Overall: Long 49.77%, Short 50.23% This nearly 50/50 split suggests a moment of indecision or perhaps a cautious equilibrium among traders. It indicates that neither bulls nor bears have a dominant edge across the board right now. Such balanced sentiment can often precede significant price moves as the market seeks a clearer direction. It’s a snapshot of the intense tug-of-war happening behind the scenes in the BTC perpetual futures space. How Do Top Exchanges’ BTC Perpetual Futures Positions Differ? While the overall picture offers a general idea, drilling down into individual exchanges provides more nuanced insights into BTC perpetual futures sentiment. Different platforms often attract varying types of traders, which can lead to distinct long/short distributions. Let’s explore the specifics from Binance, Bybit, and Gate.io, the heavyweights in the crypto futures arena. Binance: A Slight Bullish Edge in BTC Perpetual Futures? Binance, a giant in the crypto space, often sets trends. Their BTC perpetual futures data shows a slightly different story compared to the overall average: Binance: Long 50.69%, Short 49.31% On Binance, a marginal majority of traders are holding long positions. This suggests a slightly more optimistic outlook among Binance users, anticipating a potential upward movement for Bitcoin. This subtle bullish tilt could influence short-term price action, as significant buying pressure can emerge from such sentiment. Bybit and Gate.io: Are Traders More Cautious with BTC Perpetual Futures Here? Bybit is another major player, known for its derivatives trading. Their BTC perpetual futures long/short ratio presents a contrasting view: Bybit: Long 48.65%, Short 51.35% Here, the sentiment leans bearish. A greater percentage of Bybit traders are shorting Bitcoin, indicating an expectation of price decline. Similarly, Gate.io also contributes significantly to the overall open interest, and their BTC perpetual futures ratio aligns more closely with Bybit’s cautious stance: Gate.io: Long 49%, Short 51% This reinforces the idea that while Binance traders might be feeling a bit more bullish, a significant portion of the market across other major platforms remains wary. Understanding these varied sentiments is crucial for any trader navigating the complexities of BTC perpetual futures . Actionable Insights from BTC Perpetual Futures Data So, what can we take away from these figures? The current landscape of BTC perpetual futures indicates a market at a crossroads. The overall near-even split, combined with varying sentiments across top exchanges, paints a picture of uncertainty. Here are some actionable insights: Monitor for Shifts: A sudden, decisive shift in the long/short ratio on any major exchange could signal an impending price movement. Consider Divergences: When exchanges show significantly different sentiments, it might indicate localized trends or unique trader demographics on those platforms. Combine with Other Metrics: Always use the long/short ratio in conjunction with other technical and fundamental analysis tools for a comprehensive view. For example, look at funding rates or open interest changes alongside BTC perpetual futures ratios. In conclusion, the 24-hour BTC perpetual futures long/short ratio reveals a fascinating tug-of-war between bullish and bearish forces. While the overall market hangs in a delicate balance, individual exchanges show slight leanings that could offer clues about future price direction. Staying informed about these crucial metrics can provide a significant edge in your trading decisions. Frequently Asked Questions About BTC Perpetual Futures Q1: What is the BTC perpetual futures long/short ratio? A1: The BTC perpetual futures long/short ratio indicates the proportion of traders holding long positions (expecting price increases) versus those holding short positions (expecting price decreases) in the perpetual futures market for Bitcoin. Q2: Why is the long/short ratio important for traders? A2: This ratio is a key indicator of market sentiment. It helps traders gauge whether the market is predominantly bullish or bearish, which can inform their trading strategies and risk management. Q3: How do different exchanges’ BTC perpetual futures ratios compare? A3: As seen, ratios can vary between exchanges like Binance, Bybit, and Gate.io. These differences can reflect the unique demographics or trading behaviors of users on each platform, offering nuanced insights into market sentiment. Q4: Does a balanced long/short ratio mean no price movement for BTC perpetual futures? A4: Not necessarily. A balanced ratio can indicate indecision or a period of consolidation. However, it can also precede a significant move once one side gains dominance, as the market seeks a clearer direction. Q5: How can I use this information in my trading strategy? A5: You can use the long/short ratio as a sentiment indicator, combining it with other technical analysis tools like price action, volume, and funding rates. It helps confirm trends or identify potential reversals. Did you find these insights into BTC perpetual futures valuable? Share this article with your fellow traders and help them understand the intricate dynamics of market sentiment! To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin price action. This post BTC Perpetual Futures: Unveiling Crucial Trader Sentiment Across Top Exchanges first appeared on BitcoinWorld and is written by Editorial Team
Fenwick & West, a prominent Silicon Valley law firm, has rejected allegations that it played a central role in the collapse of crypto exchange FTX, calling the claims “facile” and “flawed” in a court filing on Monday . Key Takeaways: Fenwick & West has rejected claims it enabled FTX’s collapse, calling the allegations speculative and flawed. The firm argues it only provided routine legal services and had no knowledge of fraud. Fenwick says the amended lawsuit recycles claims already dismissed in similar cases, including those against Sullivan & Cromwell. The legal pushback comes in response to an amended class-action lawsuit filed by FTX customers earlier this month in a Florida federal court. Plaintiffs are seeking to update their 2023 suit, arguing that recent revelations from FTX’s bankruptcy proceedings and the criminal trial of founder Sam Bankman-Fried suggest Fenwick provided key legal support that enabled the fraud. Fenwick Dismisses FTX Allegations as Speculative and Misleading In its filing, Fenwick dismissed the allegations as speculative and misleading, asserting it merely provided routine legal services typical of any outside counsel. “Fenwick is not liable for aiding and abetting a fraud it knew nothing about,” the firm wrote, “based solely on allegations that Fenwick did what law firms do every day — provide routine and lawful legal services to their clients.” The plaintiffs’ broader class-action case also includes claims against celebrities and companies linked to FTX. While law firm Sullivan & Cromwell was initially named in the case, it was later dropped after a court-appointed examiner found no evidence the firm had knowledge of the fraud. Fenwick said the latest complaint recycles similar accusations previously made against Sullivan & Cromwell, noting the plaintiffs “offer no credible reason why the same allegations should survive against Fenwick.” Fenwick & West asked a Florida federal judge to shut down a bid by victims of the infamous FTX cryptocurrency scam to bring new claims against the firm, calling allegations that it knew about FTX's misuse of customer funds an "irresponsible falsehood." https://t.co/t9EIIyVHUG pic.twitter.com/51WZNGydli — Law360 (@Law360) August 27, 2025 Central to the new claims is testimony from Nishad Singh, FTX’s former lead engineer, who reportedly discussed Fenwick’s involvement in structuring loans. Fenwick countered that Singh did not accuse the firm of helping cover up misuse of customer funds. Instead, the testimony described standard legal work on “founder loans,” which are common in startups. Fenwick also argued that dozens of witnesses in Bankman-Fried’s criminal trial testified to being unaware of the fraud, including FTX’s internal lawyers, employees, and other external advisors, adding that “Fenwick is no different.” Fenwick Rejects Claims It Promoted FTX’s FTT Token The firm further criticized new allegations that it helped launch and promote FTT, FTX’s exchange token, as violating Florida and California securities laws. Fenwick labeled those claims “frivolous” and “untimely,” accusing plaintiffs of filing them only after a judge allowed state securities claims to proceed against celebrity endorsers. “This is an eleventh-hour attempt to recast lawyers as ‘promoters,’” Fenwick said. “But this theory too goes nowhere.” The court has yet to rule on whether the amended complaint will be accepted. As reported, FTX has announced that it will begin its next round of cash distributions to creditors on or around September 30, 2025. The record date for eligible claimants was set for August 15. The payments will be processed through FTX’s designated distribution partners, including BitGo, Kraken, and Payoneer. Meanwhile, a Chinese creditor representing over 300 users is opposing FTX’s proposal to restrict payouts in 49 jurisdictions, including China, arguing it is legally unfounded and unfair. The post Law Firm Fenwick Rejects Claims It Helped Enable FTX Collapse appeared first on Cryptonews .
VanEck CEO Jan van Eck said banks must adopt the blockchain to facilitate stablecoin transfers within 12 months, or risk falling behind.
“The old money flow cycle is breaking,” crypto trader ‘Koroush AK’ told his 376,000 X followers on Wednesday, referring to the previous pattern of money rotating from Bitcoin to Ether and then to altcoins. “Now we have to navigate isolated mini-cycles where only some sectors pump while others get left behind,” he added . The flow from BTC to ETH is the same, but now “sectors only pump when money and attention overlap,” he said before adding, “If either one is missing, that sector gets skipped.” He used Chainlink (LINK) as an example of a token that pumped from Ether’s run instead of Uniswap (UNI), which was largely ignored. What About The 4 Year Cycle? If this theory is accurate, it could also change the four-year cycle, which has traditionally been anchored around Bitcoin halving events. Earlier this week, analyst James Check opined that “Bitcoin has experienced three cycles, and they are not anchored around the halvings,” adding that they are anchored around the “trends in adoption and market structure,” with the market’s 2017 peak and 2022 bottom being the transition points. He said that there have been three cycles so far: an “adoption cycle” from 2011 to 2018, an “adolescence cycle” from 2018 to 2022, and the current “maturity cycle,” which is driven by “institutional maturity and stability.” Hedge fund veteran “PlanC” said on Thursday that there is a “99% chance stock-to-flow breaks this cycle, and a 50/50 chance the 4-year cycle breaks.” Meanwhile, trader Bob Loukas said it was hard to see which way things would go. “Either the 4-year cycle has already topped and we’re in heavy distribution as buyers eventually exhaust… or we’re just weeks away from start of blow-off phase, a fast doubling (or more) over 3-6 months.” Earlier this month, Bitwise CIO Matthew Hougan said that gains are likely to continue into 2026, “so let’s say this: I think the 4-year cycle is over.” Slumptember Ahead? Glassnode also said that Bitcoin was still tracking its traditional patterns but added this week that recent profit taking and elevated selling pressure “suggests the market has entered a late phase of the cycle.” In previous ones, crypto markets pulled back heavily in the September of the bull market year before recovering and shifting to new highs at the end of the year. If history rhymes, this could be on the cards next month. In past cycles, Bitcoin marked a major low in September and then rallied for 2-3 months in Q4. pic.twitter.com/Vw5h9uPk4z — apsk32 (@apsk32) August 27, 2025 Whether the cycle is about to peak or will extend into 2026 remains to be seen, but more voices are favoring the latter due to the heavy institutional participation in crypto markets, which was not seen in previous cycles. The post Is the Bitcoin Bull Market Cycle Coming to an End? Analysts Weigh In appeared first on CryptoPotato .
COINOTAG News reported on August 28 that publicly listed Canadian company LQWD has routed 19.75 BTC from its Bitcoin treasury onto the Lightning Network, according to data shared by @BTCtreasuries.