Key TakeawaysFunding rates across major centralized and decentralized exchanges are broadly below the 0.005% bearish threshold, signaling market-wide net short positioning, per Coinglass dataThe bearish funding environment persists even as Bitcoin holds around $77,000, indicating traders are fading the current price level rather than chasing upsideNegative funding rates create structural conditions for a short squeeze if a catalyst pushes price higher, but also confirm weak underlying bullish convictionFunding rates across major centralized and decentralized crypto exchanges are signaling broad bearish market sentiment on May 1, with Coinglass data showing rates below the bearish threshold of 0.005% as Bitcoin experiences a slight decline.The benchmark funding rate is 0.01%, representing a neutral market. Readings above that level indicate net bullish positioning, while rates below 0.005% reflect a market dominated by short sellers. Current readings across major venues fall into the bearish category, confirming that traders are predominantly positioned for further downside or at minimum are unwilling to pay a premium to hold long exposure at current levels.The funding rate signal adds another data point to an increasingly cautious on-chain and derivatives picture. CryptoQuant's Bull Score Index fell from 50 to 40 in April, the Short-Term Holder SOPR 30-day average has turned positive -- historically a resistance signal in bear markets -- and April's rally has been characterized as futures-driven with contracting spot demand. Persistently negative funding rates across both CEXs and DEXs now confirm that the derivatives market remains structurally net short despite Bitcoin trading around $77,000.The dynamic cuts both ways. While negative funding confirms weak bullish conviction, it also sets up the conditions for a short squeeze if an external catalyst -- a geopolitical breakthrough on Iran, a dovish Fed signal, or a strong macro data print -- forces short sellers to cover rapidly. The depth of negative funding across venues suggests the squeeze potential is meaningful if Bitcoin can break and hold above the contested $79,000 resistance level.

Federal Reserve official Kashkari has expressed concerns that the prolonged closure of the strait could lead to significant price shocks, potentially threatening inflation expectations. According to ChainCatcher, Kashkari emphasized the necessity for a strong policy response to address these risks.

According to ChainCatcher, Federal Reserve official Harker has stated that given the current economic outlook, the Federal Reserve's 'clear easing bias' is no longer appropriate. This shift in stance reflects changes in the economic environment, suggesting a potential reevaluation of monetary policy strategies.

The U.S. employment market is nearing full employment, according to Federal Reserve official Hamak. This assessment highlights the current strength of the labor market, reflecting ongoing economic recovery efforts.

PANews posted on X (formerly Twitter). Tether has released its financial results for the first quarter of 2026, revealing a net profit of approximately $1.04 billion. The company's excess reserves have increased to $8.23 billion, further enhancing the security of USDT reserves. As of March 31, Tether's total assets amounted to approximately $191.77 billion, with total liabilities around $183.54 billion, resulting in assets exceeding liabilities by about $8.23 billion. Of the liabilities, approximately $183.44 billion corresponds to issued digital tokens. In terms of reserves, Tether continues to focus on short-duration, high-liquidity assets, holding approximately $141 billion in U.S. Treasury bills directly and indirectly. Additionally, the company holds around $20 billion in physical gold and approximately $7 billion in Bitcoin. Tether CEO Paolo Ardoino emphasized that the company's core objective is to ensure the stable operation of USDT in any market environment without relying on external support.

테더(Tether)가 2026년 1분기 감사 보고서를 발표했으며, 해당 분기 순이익은 약 10억 4천만 달러를 기록했다. 2026년 3월 31일 기준, 테더의 초과 준비금은 82억 3천만 달러로 사상 최고치를 기록했다. 현재 회사의 총자산은 약 1,918억 달러, 총부채는 약 1,835억 달러이며, 자산이 부채를 82억 3천만 달러 초과하고 있다. 준비금 구성 측면에서 테더는 직접 및 간접적으로 약 1,410억 달러 규모의 미국 국채를 보유하고 있으며, 이 외에도 약 200억 달러 상당의 실물 금과 70억 달러 상당의 비트코인을 보유하고 있다. 테더의 CEO 파올로 아르도이노(Paolo Ardoino)는 회사의 목표가 모든 시장 환경에서 USD₮의 안정적인 운영을 보장하고, 단순한 구조와 매우 높은 유동성을 유지함으로써 거시경제적 변동성에 대응하는 것이라고 밝혔다.

Key Takeaways The 30-day moving average of Bitcoin's Short-Term Holder SOPR has turned positive for the first time in six months, per CryptoQuant analyst DarkfostShort-term holders are now at or slightly above breakeven on average -- a level that historically acts as resistance in bear markets as holders exit to recover lossesThe development adds to existing on-chain caution signals including CryptoQuant's Bull Score Index falling to 40 and April's rally being identified as futures-driven rather than spot-led Bitcoin's short-term holders have turned profitable for the first time in approximately six months, a development that crypto analyst Darkfost flags as a potential resistance signal rather than a bullish confirmation. The 30-day moving average of the Short-Term Holder Spent Output Profit Ratio -- which measures whether coins moved on-chain are being sold at a profit or loss relative to their acquisition price -- has crossed back above 1.0, indicating that short-term holders are on average at breakeven or marginally in profit, according to CryptoQuant data cited by Darkfost on May 1. The timing matters. In bear market conditions, the point at which short-term holders return to profitability has historically acted as a resistance zone rather than a springboard for further gains. Holders who have been underwater for months and finally see green tend to exit positions to recover capital rather than hold for additional upside -- creating a supply overhang at precisely the level where buying momentum might otherwise be expected to accelerate. The signal aligns with a broader set of on-chain caution flags that have emerged in recent days. CryptoQuant's Bull Score Index fell from 50 to 40 in April despite the price increase, entering territory historically associated with continued weakness. A separate CryptoQuant report identified April's rally as futures-driven with contracting spot demand -- a structural combination that the firm compared to conditions at the start of the 2022 bear market. Bitcoin is currently trading around $77,000, having failed to sustain moves above $79,000 on three separate attempts in the past two weeks. The short-term holder SOPR turning positive at current price levels suggests that the $77,000--$79,000 zone may be where a significant cohort of recent buyers are looking to exit -- adding a behavioral finance dimension to the technical resistance that has already repeatedly capped the rally.

Building a 10,000 XRP position currently requires an investment of approximately $15,000, a significant increase from around $5,000 a few years ago. According to NS3.AI, an AI-powered Monte Carlo simulation has projected that XRP could be valued between $1.04 and $3.40 in 60% of scenarios by the end of 2026, with a median outcome of $1.88.

Neel Kashkari, a Federal Reserve official, stated that prior to the outbreak of war, he believed inflation might decrease and that another rate cut could be necessary this year. According to Jin10, Kashkari noted that the situation in March was not significant enough to warrant a change in the policy statement.

Federal Reserve official Hammack has highlighted the widespread nature of inflation pressures, noting that rising energy prices are contributing to the overall increase. According to Jin10, Hammack emphasized the impact of energy costs on the broader economic landscape, suggesting that these factors are playing a significant role in the current inflationary environment.

시장은 영원히 모호한 상태로 남아있지 않습니다. 촉매제는 종종 뜻밖의 순간에 숨어 있습니다.

Web3 분야에서 깊이 있게 활동하고자 하는 창업가들에게는, 국내 법률 및 시장 정책을 충분히 이해한 뒤 창업 프로젝트의 잠재적 위험을 합리적으로 평가하고 신중하게 결정을 내릴 것을 권고합니다.

‘ThreadGuy’라는 닉네임을 가진 유명한 암호화폐 인플루언서가 있습니다. 그는 2021년 사람들에게 NFT 거래 방법을 가르치며 일약 유명세를 탔습니다.

AI가 샌드박스 내의 비공식 사용자 신분에서 벗어나, 블록체인 상의 정식 사용자로 거듭날 수 있는 길을 열어주자.

DeFi에서 실제로 채택된 것은 규모가 가장 큰 국채가 아니라, 더 높은 수익률 스프레드를 가진 신용 자산이다.

인공지능, 애플, 기술, 나발: 애플은 끝났다, SaaS가 다음이다. 골든 파이낸스, 귀사의 어떤 점이 AI가 따라 할 수 없는가?

DeFi 대출 시장의 선두주자인 Aave가 Kelp DAO 해킹 사건으로 인해 곤경에 처한 가운데, 또 다른 유력 프로토콜인 Sky는 거물 투자자들의 실질적인 관심을 끌었을 뿐만 아니라 지난 2주 동안 TVL이 25% 이상 급증했으며, 이 기세를 몰아 연이어 두 가지 중대한 조치를 발표했습니다.

어젯밤 DeepSeek의 다모달 연구원 첸 샤오캉이 X에 트윗을 올리며 DeepSeek의 다모달 기술에 관한 새로운 논문 《Thinking with Visual Primitives》를 공개하고 “발표하게 되어 기쁩니다”라고 밝혔다.

암호화폐, 암호화폐 시장, 너무 어렵다——암호화폐가 X에서 가장 많이 차단된 주제로 떠올랐다. 골든파이낸스, 지난 24시간 동안 암호화폐 업계의 인플루언서들은 어떤 이야기를 나누었을까?

골든파이낸스가 암호화폐 및 블록체인 업계 아침 뉴스레터 《골든 모닝 8시》 제3043호를 발행하며, 가장 최신의 디지털 화폐 및 블록체인 업계 소식을 전해드립니다.