BTC Perp Futures Open Interest Surges Most Since Trump’s Crypto Reserve Disclosure

detailing the recent surge in Bitcoin (BTC) and Ethereum (ETH) prices. The article highlights the reasons behind this rally, including the positive developments in U.S.-China trade relations and the Federal Reserve’s monetary policy.

The article notes that BTC rose by 6.79% to nearly $94,000, its highest level since March, while ETH jumped 11% to $1,175, its best performance since April. The surge in prices was accompanied by a significant increase in open interest in the perpetual futures market, indicating growing investor confidence.

The rally was fueled by positive news on the trade front, with U.S. Treasury Secretary Scott Bessent discussing de-escalation in U.S.-China trade tensions. President Donald Trump also announced a substantial drop in tariffs on Chinese goods and expressed his intention not to fire Federal Reserve Chair Jerome Powell.

Traders deployed money for perpetual futures trading on major offshore exchanges, leading to a surge in open interest at platforms like Binance, Bybit, OKX, Deribit, and Hyperliquid. The cumulative notional open interest in BTC perpetual futures increased by 10% to $17.83 billion, the largest single-day rise since March.

Joao Wedson, CEO of Alphractal Research, noted that the surge in open interest was driven by long positions, indicating increased volatility in the coming hours. The article also mentions a short squeeze in the market, with funding rates turning negative 24 hours ago, implying a bias for short positions.

In addition, the article highlights the bullish funding rates for BTC and ETH perpetual futures, ranging between 5% to 10% annually. Positive funding rates suggest a bullish sentiment among traders, with a willingness to pay fees to hold long positions.

Overall, the article suggests that the increase in open interest alongside the price rise confirms the bullish momentum in the market. It concludes that BTC and ETH could continue to rise in the near future, supported by positive market dynamics and investor confidence. Bullish group, majority owned by Block.one, is a prominent player in the blockchain and digital asset industry. Both companies have interests in various blockchain and digital asset businesses, as well as significant holdings of digital assets, including bitcoin. CoinDesk, an independent subsidiary of the Bullish group, operates with journalistic integrity under the guidance of an editorial committee chaired by a former editor-in-chief of The Wall Street Journal.

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As you navigate through the vast expanse of the internet, it’s not uncommon to come across a 404 error page. This page signifies that the content you are looking for cannot be found or accessed. The image typically associated with a 404 error is a graphic that signifies a dead end or a lost path.

In the case of the CoinDesk website, the 404 error page features an image of a puzzled figure scratching their head, symbolizing the confusion and frustration that often accompanies encountering a 404 error. The image is accompanied by a message that reads “Could’ve sworn the page was around here somewhere…” This playful and relatable message serves to lighten the mood and reassure users that they are not alone in their search for missing content.

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Meditation has been practiced for thousands of years in various cultures around the world, and its benefits for mental health are well-documented. In recent years, there has been a surge of interest in meditation as a tool for improving mental well-being, and for good reason. Research has shown that regular meditation practice can have a profound impact on mental health, helping to reduce stress, anxiety, and depression, as well as improving focus, concentration, and overall emotional well-being.

One of the key benefits of meditation for mental health is its ability to reduce stress. When we meditate, we are able to quiet the mind and create a sense of calm and relaxation. This can help to lower levels of the stress hormone cortisol in the body, which in turn can reduce feelings of anxiety and tension. By practicing meditation regularly, individuals can learn to manage stress more effectively and develop a greater sense of inner peace and well-being.

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In addition to reducing stress and anxiety, meditation can also improve focus and concentration. By training the mind to stay present and focused on the task at hand, individuals can improve their ability to concentrate and pay attention. This can be particularly beneficial for those who struggle with distractibility or have difficulty staying focused on a task for an extended period of time.

Another benefit of meditation for mental health is its ability to improve emotional well-being. By cultivating a sense of mindfulness and self-awareness, individuals can learn to better understand their emotions and how to manage them effectively. This can lead to a greater sense of emotional balance and resilience, and can help individuals to navigate difficult emotions with greater ease.

Overall, the benefits of meditation for mental health are numerous and well-supported by research. By incorporating meditation into their daily routine, individuals can experience a greater sense of calm, reduce stress and anxiety, improve focus and concentration, and enhance their overall emotional well-being. Whether practiced alone or as part of a larger wellness routine, meditation can be a powerful tool for improving mental health and promoting a sense of inner peace and well-being. I’m sorry, but you haven’t provided me with an initial article to rewrite. Could you please provide me with the original article so that I can rewrite it for you? The Benefits of Organic Farming

Organic farming has become increasingly popular in recent years as more and more people are becoming aware of the harmful effects of conventional farming practices on the environment and our health. Organic farming is a method of agriculture that relies on natural processes and techniques to grow crops and raise livestock, without the use of synthetic pesticides, fertilizers, or genetically modified organisms. This sustainable farming method has numerous benefits for both the environment and consumers.

One of the key benefits of organic farming is its impact on the environment. Conventional farming practices often involve the heavy use of synthetic pesticides and fertilizers, which can leach into the soil and waterways, contaminating them and harming wildlife. Organic farming, on the other hand, relies on natural methods such as crop rotation, composting, and the use of beneficial insects to control pests and maintain soil fertility. This helps to protect the health of the soil, water, and air, and reduces the overall environmental impact of agriculture.

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Overall, organic farming offers numerous benefits for the environment, consumers, and society as a whole. By supporting organic agriculture, consumers can help to promote sustainable farming practices, protect the environment, and support the health and well-being of themselves and future generations. Organic farming is not just a trend, but a necessary step towards creating a more sustainable and resilient food system for the future. The sun was setting over the horizon, casting a warm golden glow over the landscape. The chirping of crickets filled the air as the last rays of sunlight faded away, ushering in the peaceful darkness of night.

As the stars began to twinkle in the sky, a sense of calm settled over the small town. The streets were quiet, with only a few people out and about, enjoying the cool evening breeze. The smell of freshly cut grass lingered in the air, mixing with the scent of blooming flowers.

In the distance, the sound of a train whistle could be heard, signaling the arrival of the evening train. The rhythmic chugging of the locomotive grew louder as it approached, its headlights piercing the darkness as it passed through the town.

The train station was a hive of activity, with passengers disembarking and boarding the train, their faces illuminated by the soft glow of the station’s lights. The sound of laughter and chatter filled the air as friends and family reunited after a long day apart.

As the train pulled away from the station, the town settled back into its peaceful slumber. The only sounds now were the gentle rustling of leaves in the breeze and the occasional hoot of an owl in the distance.

In the quiet of the night, the town seemed to come alive in a different way. The buildings took on a mysterious glow, casting long shadows that danced in the moonlight. The streets, once deserted, now seemed to pulse with a hidden energy, as if the town itself was breathing and alive.

As the night wore on, the town gradually fell into a deep and restful sleep. The only sounds now were the soft hum of crickets and the occasional distant howl of a wolf. The stars glimmered overhead, watching over the town and its slumbering inhabitants.

And so, the night passed peacefully in the small town, as the world around it continued to spin and the cycle of day and night continued on. The town slept soundly, nestled in the embrace of the night, waiting for the first light of dawn to break over the horizon and usher in a new day. In today’s fast-paced world, it can be easy to get caught up in the hustle and bustle of everyday life. From the moment we wake up in the morning to the moment we go to bed at night, we are constantly bombarded with stimuli from our phones, computers, and other devices. This constant barrage of information can leave us feeling overwhelmed and stressed out.

However, taking the time to slow down and practice mindfulness can have a profound impact on our mental and physical well-being. Mindfulness is the practice of being present in the moment and paying attention to our thoughts, feelings, and sensations without judgment. It involves taking the time to focus on our breath, our body, and the world around us.

One of the key benefits of mindfulness is its ability to reduce stress and anxiety. By taking the time to slow down and focus on the present moment, we can calm our nervous system and lower our cortisol levels. This can help to reduce feelings of anxiety and overwhelm, and can improve our overall sense of well-being.

In addition to reducing stress, mindfulness can also improve our concentration and focus. By practicing mindfulness regularly, we can train our brains to be more attentive and present, which can help us to be more productive and efficient in our daily lives. This can be especially helpful for those who struggle with distractions or have difficulty staying focused on tasks.

Mindfulness can also improve our relationships with others. By being present and attentive in our interactions with others, we can deepen our connections and improve our communication. This can lead to more fulfilling and satisfying relationships with our friends, family, and colleagues.

Overall, the practice of mindfulness has a wide range of benefits for our mental and physical well-being. By taking the time to slow down and be present in the moment, we can reduce stress and anxiety, improve our concentration and focus, and enhance our relationships with others. So why not take a few minutes out of your day to practice mindfulness and reap the benefits for yourself?